824 S 51St Street Philadelphia, PA $ 550,000
824 S 51St Street
$ 550,000
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824 S 51St Street

Philadelphia, PA, 19143
$ 550,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 3,473

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Multi-Family Home for sale in Philadelphia, PA

for $550,000 with 4 bedrooms. This home was built in 1925 on a lot size of 0.04.

Local owner who has thoughtfully cared for this West Philly Triplex and its residents is ready to offer the next owner an opportunity to steward an established investment in the Cedar Park neighborhood. Fully occupied and well maintained, 824 S 51st Street is a properly licensed three-unit twin generating $4,100 in monthly rental income. Its practical unit mix consists of a spacious two-bedroom apartment on the First Floor and one-bedroom apartments on the Second and Third Floors. Each residence has one full bathroom, its own washer and dryer, and a dishwashervaluable conveniences that support everyday livability and lasting tenant appeal. Approaching the east-facing property, you are greeted by a classic Victorian faade and a welcoming shared front porch that feels distinctly at home in Cedar Park. The First Floor apartment offers two bedrooms, an eat-in kitchen, a comfortable living room, access to the basement level, and exclusive use of the fenced rear yard with raised planting beds. The Second Floor residence features a generous one-bedroom layout with an eat-in kitchen, living room, and abundant natural light from its front bay windows. The Third Floor apartment provides a thoughtfully arranged one-bedroom layout with a sitting room and private rear balcony. Across the three residences, large windows, hardwood flooring in the principal living areas, ceiling fans, and individually styled layouts give each apartment its own character. The property reflects a continuing history of maintenance and capital improvement. Recent work includes silver coating and edge cementing of the main roof in 2026; replacement of portions of the main drain and plumbing stack in 2024 and 2025; and substantial work to the rear bump-out in 2023, including reconstructed stucco, new roof membranes, flashing, gutters, and selected windows. Additional improvements include restoration of the cornices, replacement of the front mansard roofing, and renovations to the kitchens and bathrooms. Apartment electricity is separately metered, with residents responsible for their individual electric service, including electric hot water. The owner currently provides building-wide gas heat, water, sewer, and common-area electricity. A full unfinished basement, accessed from the first floor level, provides mechanical, utility, and additional storage space. Two sump pumps serve the lower level. The rear yard includes an existing curb cut, creating potential for an off-street parking space for resident use or additional rental income. Historical City records may provide support for a prior parking use; however, buyers should independently investigate the legality and feasibility of restoring that use, including any required City approvals. This pocket of Cedar Park is close to the energy of Baltimore Avenue while feeling quietly tucked away. Pentridge Stationa neighborhood beer garden and event space featuring live music, local food vendors, and community programmingis just around the corner. Philadelphia Salvage has announced that its new headquarters will be next doo on Pentridge. PClark Park, Cedar Park, Booker's, Cleo Bagels, Third Wheel Cheese, Black Hound Clay Studio, Green Tambourine, Satellite Caf, Cedar Works, and the broader collection of Baltimore Avenue restaurants and shops contribute to the neighborhoods distinctly local character. University City, Penn, Drexel, and CHOP are within easy reach, with convenient access to SEPTAs Route 13 trolley, Route 52 bus, and the Media/Wawa Regional Rail Line. With all three apartments occupied and documented annual gross rent of $49,200, 824 S 51st Street combines immediate income, meaningful resident amenities, neighborhood connectivity, and a demonstrated history of property carean opportunity for its next owner to continue both its investment performance and its place in the community. Contact us for more information and to schedule an appointment today!

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Multi-Family Active

Price

$ 550,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 7,315

Style

Straight Thru

Lot Size

0.04

Year Built

1925

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2659044

Features
General
Living Area 2336
Sewer Public Hook/Up Avail
Heating Radiator
Cooling None
Utilities Electric Available Natural Gas Available Phone Available
Possession Immediate
Roof Flat
Appliances Refrigerator Range Hood Stove Washer/Dryer Stacked Water Heater Dishwasher
Zoning RM1
Patio/Porch Features Deck(s) Porch(es) Patio(s)
Architectural Style Straight Thru
Construction Materials Masonry
School District PHILADELPHIA CITY
Exclusions Tenant personal and owned possessions
Year Built 1925
Property Subtype Triplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Gross Income 49200.00
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Subdivision Name WEST PHILADELPHIA
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Use GPS
City PHILADELPHIA
Disclosures None
Number Of Units Total 3
MLS Area 19143 (19143)
Lot Size Units Square Feet
Lot Size Square Feet 1920.00
Number of Units Leased 3
Tax Annual Amount 7315.0
Property Condition Good
Two Bedroom 1
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total AG 235.45
Acceptable Financing Cash Conventional FHA
Avg. Gas Per Month 151.5
Rent Control Y/N N
Vacation Rental Y/N N
Virtual Tour https://drive.google.com/file/d/1v_8R8c1HqCU5mn_mBOXt2FSyD5CqQjCV/view?usp=sharing
Avg. Water Per Month 105.0
Lease Type Yearly
Standard Status Active
Year Built Source Assessor
Tax Lot 38
Total Actual Rent 49200.00
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Interior
Interior Amenities Ceiling Fan(s)
Heating Fuel Natural Gas
Basement Unfinished
Flooring Hardwood Carpet
Hot Water Electric
Total Stories 3
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Inclusions All fixtures and appliances
Type of Parking On Street
Foundation Details Brick/Mortar
Spa N
Water View Y/N N
Lot Dimensions 20.00 x 96.00
Lot Size Acres 0.04
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 104520.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 824
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* Excluded Features
List By
Kw Empower

Broker

algernong@kw.com

Email

Affordability Calculator

$4,082
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,473
Monthly Property Taxes
$610
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/16/2026$550,000 Listed Price

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824 S 51St Street, Philadelphia, PA, 19143 is a Multi-Family Home for sale at $550,000 with a lot size of 0.04. 824 S 51St Street has 4 bedrooms, 0.0 baths, and was built in 1925. The property's zip code is 19143 which is in Philadelphia, PA