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Four-Unit Brick Apartment Building
For Sale
$775,000
Pending

5038-00 Spruce Street, Philadelphia, PA 19139

Well-maintained brick four-unit building built in 2010 with central A/C, in-unit washer/dryer, and rear outdoor space for each unit.

Property Size6,400 SF
Days on Market51

Property Features for 5038-00 Spruce Street

General Information

Standard status Pending
Size 6,400 SF
Property subtype Multi-Family / Fee Simple
Zoning RSA3

Taxes and HOA fees

Annual Taxes $14,277

Amenities

No
No Pool

Building Details

Year Built 2010
Listing Agency: EXP Realty, LLC
Listed By: Jermaine Parker · License #RS346632
Source: Compass
Added: Jul 20 Changed: Aug 9 Last Checked: Aug 8 at 11:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC

Investment Insights

Based on property information with market context.

This well-maintained brick four-unit apartment building was built in 2010 and includes four spacious units. The building is configured as two 3-bedroom units and two 2-bedroom units. Each unit features central A/C, an in-unit washer/dryer, updated kitchens and baths, recessed lighting, and rear outdoor space.

The property is located in University City at the intersection of Garden Court and Walnut Hill, with a reported 93 Walk Score. SEPTA bus and rail options provide access to Penn, Drexel, HUP, 30th Street Station, and Center City, supporting tenant convenience in this rental market corridor.

With its four separate residential units and consistent in-unit amenities, the building is designed for straightforward income-producing operation within a University City area rental demand profile.

Key Highlights

  • Built in 2010, well‑maintained brick 4‑unit building totaling approx. 8,000 SF across four units
  • Unit mix: two 3‑bedroom/2‑bath units and two 2‑bedroom/2‑bath units
  • Each unit offers central A/C and in‑unit washer/dryer

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,568
Businesses Nearby

Demographics for 19139, PA

43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Well-maintained brick four-unit building built in 2010 with central A/C, in-unit washer/dryer, and rear outdoor space for each unit.
Where is this quadplex located?
The property is located at 5038-00 Spruce Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Built in 2010, well‑maintained brick 4‑unit building totaling approx. 8,000 SF across four units; Unit mix: two 3‑bedroom/2‑bath units and two 2‑bedroom/2‑bath units; Each unit offers central A/C and in‑unit washer/dryer
More about this property
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