5578 Ludlow Street Philadelphia, PA $ 299,900
5578 Ludlow Street
$ 299,900
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5578 Ludlow Street

Philadelphia, PA, 19139
$ 299,900
Bedrooms4 Baths0.0

Monthly Estimate*

$ 2,071

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Multi-Family Home for sale in Philadelphia, PA

for $299,900 with 4 bedrooms. This home was built in 1925 on a lot size of 0.03.

INVESTOR OPPORTUNITY Excellent opportunity to add an income-producing duplex to your Philadelphia real estate portfolio. The property features two residential units and a detached garage, providing multiple sources of rental income. Unit 1 is a 2-bedroom, 1-bathroom apartment that is currently vacant and was previously rented for $1,050 per month, allowing the new owner to select their own tenant and establish a new lease. Unit 2 is a 2-bedroom, 1-bathroom apartment that is currently occupied and rented for $1,200 per month. The detached garage generates an additional $700 per month. Based on the current and most recent rental rates, the property has the potential to generate approximately $2,950 per month and $35,400 in annual gross rental income when fully occupied. With existing income and additional upside through the vacant unit, this property offers flexibility and strong income potential for both new and experienced investors. Schedule your showing today!

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Multi-Family Active

Price

$ 299,900

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 4,459

Style

Lot Size

0.03

Year Built

1925

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2667542

Features
General
Living Area 1204
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Immediate Negotiable Settlement
Roof Flat
Appliances Built-In Microwave Oven/Range - Gas Refrigerator Stainless Steel Appliances
Zoning CMX2
Architectural Style Other
Construction Materials Other
School District PHILADELPHIA CITY
Year Built 1925
Property Subtype Duplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
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
Total Rooms 8
Status ACTIVE
Directions Use GPS
City PHILADELPHIA
Number Of Units Total 2
MLS Area 19139 (19139)
Lot Size Units Square Feet
Lot Size Square Feet 1226.00
Number of Units Leased 1
Tax Annual Amount 4459.0
Property Condition Good
Two Bedroom 2
Structure Type End of Row/Townhouse
Price Per Sq Ft Total AG 249.09
Acceptable Financing Cash Conventional FHA VA
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 240
Total Actual Rent 35400.00
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Interior
Interior Amenities Combination Kitchen/Living Combination Kitchen/Dining Entry Level Bedroom Recessed Lighting Wood Floors
Heating Fuel Natural Gas
Basement Full
Flooring Wood
Hot Water Natural Gas
Total Stories 2
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
Type of Parking On Street
Foundation Details Other
Water View Y/N N
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 63720.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 5578
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* Excluded Features
List By
Compass Pennsylvania, Llc

Broker

eli@qanduteam.com

Email

Affordability Calculator

$2,443
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,071
Monthly Property Taxes
$372
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
9/28/2026$299,900 Listed Price

Map


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5578 Ludlow Street, Philadelphia, PA, 19139 is a Multi-Family Home for sale at $299,900 with a lot size of 0.03. 5578 Ludlow Street has 4 bedrooms, 0.0 baths, and was built in 1925. The property's zip code is 19139 which is in Philadelphia, PA