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Updated Triplex with Independent Systems
For Sale
$425,000

5125 SPRUCE STREET, Philadelphia, PA 19139

Fully occupied three-unit property with shared laundry and a rear yard.

Property Size2,540 SF
Days on Market15

Property Features for 5125 SPRUCE STREET

General Information

Standard status Active
Size 2,540 SF
Property subtype Triplex
Occupancy 100%

Units

Unit Mix 3 x 2BR/1BA
Multifamily Units 3

Additional Details

Gross Income $48,000
Public Transit Yes

Taxes and HOA fees

Annual Taxes $6,891

Amenities

shared rear yard
common laundry area

Building Details

Building Size 2,540 SF
Year Built 1925
Listing Agency: KW Empower
Listed By: Algernong Allen III · License #AB068641
Source: Patmckennarealtors
Added: Aug 22 Changed: Aug 31 Last Checked: Sep 5 at 5:52AM

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 KW Empower

Investment Insights

Based on property information with market context.

Built in 1925, this registered triplex contains three two-bedroom, one-bath residences arranged across the basement, first, and second floors. Each unit has a separate entrance and dedicated heating and cooling, while the property also provides a shared laundry area and rear yard. The building is fully occupied and transfers subject to the existing leases.

Recent capital work includes a new sewer lateral from the city main in 2025, refreshed HVAC equipment and water heaters, kitchen and bathroom renovations in Units B and C, and a new 200-amp electrical service line. Additional 2026 work covers roof coating, edge cement, rear siding repairs, and capping; the common-area washer and dryer were replaced in 2024. The property is registered for three dwelling units under Use Permit No. 485482.

Located near the 52nd Street commercial corridor and Malcolm X Park, the property is served by SEPTA Routes 21, 42, and 52 and the Market-Frankford Line at 52nd Street. University City, Center City, Baltimore Avenue, and nearby institutional destinations are accessible from the area.

Key Highlights

  • Three two‑bedroom, one‑bath units across the basement, first, and second floors
  • Fully occupied triplex sold subject to existing leases
  • Separate entrances plus independent heating and cooling for each unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office 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.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,608
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?
Triplex - Fully occupied three-unit property with shared laundry and a rear yard.
Where is this triplex located?
The property is located at 5125 SPRUCE STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Three two‑bedroom, one‑bath units across the basement, first, and second floors; Fully occupied triplex sold subject to existing leases; Separate entrances plus independent heating and cooling for each unit
More about this property
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