5538 Master Street Philadelphia, PA $ 258,900
5538 Master Street
$ 258,900
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5538 Master Street

Philadelphia, PA, 19131
$ 258,900
Bedrooms3 Baths0.0

Monthly Estimate*

$ 1,615

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Multi-Family Home for sale in Philadelphia, PA

for $258,900 with 3 bedrooms. This home was built in 1925 on a lot size of 0.03.

Welcome to 5538 Master Street - an exceptional fully renovated duplex in the heart of West Philadelphia. This duplex is situated in a high rental demand area just two blocks from Lancaster Avenue and one block in between Girard Avenue and Lansdowne Avenue, offering excellent access to public transportation, shopping, and neighborhood amenities. This low maintenance property features a modern 2-bedroom, 1-bath unit on the upper level and a 1-bedroom, 1-bath unit on the first floor, making it an excellent opportunity for a house hacker, owner-occupant, or savvy investor. The second floor has recently been refreshed and is vacant, ready to move in. The first-floor unit is currently rented at $975/month, with strong potential for increased rental income, while the upper unit offers flexibility for owner occupancy or additional cash flow. Fully renovated down to the studs in 2021 this duplex was redone with modern mechanicals/systems, updated finishes, and a thoughtful layout throughout. This turn-key duplex combines comfort, convenience, and income potential in a prime location. Whether you're a seasoned investor looking to add to your portfolio or a first time home buyer looking to enter the market, this is a fantastic opportunity to own a renovated multi-family property in a thriving area of the city.

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Multi-Family Coming Soon

Price

$ 258,900

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 3,845

Style

Straight Thru

Lot Size

0.03

Year Built

1925

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2569384

Features
General
Living Area 1622
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Immediate Settlement
Roof Rubber
Appliances Stainless Steel Appliances Stove Refrigerator Range Hood Oven/Range - Electric Oven - Self Cleaning
Zoning RSA5
Architectural Style Straight Thru
Construction Materials Masonry
School District PHILADELPHIA CITY
Year Built 1925
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility 32 + wide Doors
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status COMING SOON
Directions Take a left off of Lancaster Ave onto Master Street
City PHILADELPHIA
Disclosures Agent has Financial Interest Owner RE Licensee
Number Of Units Total 2
MLS Area 19131 (19131)
Lot Size Units Square Feet
Lot Size Square Feet 1215.00
Number of Units Leased 1
Tax Annual Amount 3845.0
Property Condition Very Good
Two Bedroom 1
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 159.62
Acceptable Financing Cash Conventional FHA
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Yearly
Standard Status Coming Soon
Year Built Source Assessor
Tax Lot 63
Total Actual Rent 11700.00
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Interior
Heating Fuel Natural Gas
Basement Full Unfinished
Flooring Hardwood
Hot Water Natural Gas
Furnished Units All
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Pool No Pool
Water Source Public
Inclusions All appliances
Type of Parking On Street
Foundation Details Permanent
Spa N
Water View Y/N N
Lot Dimensions 15.00 x 81.00
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 54940.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 5538
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* Excluded Features
List By
Homesmart Realty Advisors

Broker

dglover513@gmail.com

Email

Affordability Calculator

$1,936
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,615
Monthly Property Taxes
$320
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4835660 Elementary School
4835659 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/31/2025$258,900 Listed Price

Map


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5538 Master Street, Philadelphia, PA, 19131 is a Multi-Family Home for sale at $258,900 with a lot size of 0.03. 5538 Master Street has 3 bedrooms, 0.0 baths, and was built in 1925. The property's zip code is 19131 which is in Philadelphia, PA