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5134 Spruce Street, Philadelphia, PA, 19139
Five-Unit Residential Income Property

5134 Spruce Street Philadelphia, PA 19139

For Sale
$489,000
Pending

Five-unit residential building with one 3-bedroom and four 1-bedroom units, with one unit currently leased.

Property Size2,976 SF
Days on Market115

Property Features for 5134 Spruce Street

General Information

Standard status
Pending
Size
2,976 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1925
Listing Agency: Compass Pennsylvania, LLC
Listed By: Peter van der Vlugt · License #RS374437
Source: Compass
Added: Apr 2 Changed: Jul 21 Last Checked: Jul 24 at 12:19PM

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 Compass Pennsylvania, LLC


Investment Insights

Based on property information with market context.

This five-unit residential income property includes one 3-bedroom unit and four 1-bedroom units. One unit is currently leased, providing immediate in-place income, while the remaining units may offer opportunities for increased returns through stabilization. The first-floor unit has been renovated with a modern kitchen, updated bath, new flooring, and fresh paint.

The property is located just off the 52nd Street Corridor and minutes from University City. It is described as being close to UPenn, Drexel, and major hospitals, and within blocks of the Market-Frankford Line for access to Center City and surrounding areas.

The building’s unit mix is designed for tenant flexibility, combining a larger 3-bedroom option with four smaller 1-bedroom layouts. Additional described features include spacious layouts, large windows, and strong natural light throughout the units.

Key Highlights

  • 5‑unit residential building (built 1925) with a mix of one 3‑bedroom and four 1‑bedroom units
  • One unit is currently leased for immediate cash flow, with the remaining units available for value‑add
  • First‑floor unit renovated with a modern kitchen, updated bath, new flooring, and fresh paint

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Dental Office Skin Care Clinic Acupuncture Gym & Fitness Center (Bike/Boat/Book/etc) Store HVAC Service Travel Agency

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Five-unit residential building with one 3-bedroom and four 1-bedroom units, with one unit currently leased.
Where is this apartment building located?
The property is located at 5134 Spruce Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: 5‑unit residential building (built 1925) with a mix of one 3‑bedroom and four 1‑bedroom units; One unit is currently leased for immediate cash flow, with the remaining units available for value‑add; First‑floor unit renovated with a modern kitchen, updated bath, new flooring, and fresh paint
More about this property
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