Germantown Multifamily Investment
For Sale
$419,000
5506 Greene Street, Philadelphia, PA 19144
Well-maintained 4-unit property in historic Germantown neighborhood.
Property Size3,316 SF
Price / SF$126.36
Days on Market234
Property Features for 5506 Greene Street
General Information
Standard status
Active
Size
3,316 SF
Property subtype
Multi-Family / Fee Simple
Zoning
RSA3
Taxes and HOA fees
Annual Taxes
$6,199
Amenities
No
No Pool
Building Details
Year Built
1900
Listing Agency:
Keller Williams Real Estate - West Chester
Listed By:
Richard DiPrimio · License #RS338327
(484) 947-8988
Source:
Compass
Added: Mar 3
Changed: Oct 21
Last Checked: Oct 20 at 11:07PM
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 Keller Williams Real Estate - West Chester
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Investment Insights
Based on property information with market context.
This is a 4-unit multi-family investment property located in Philadelphia’s historic Germantown neighborhood. Capital improvements include a new roof completed in Spring 2023, a new hot water heater installed in Spring 2025, and basement sealing with a dehumidification system in Fall 2021. Each unit is separately metered, and tenants pay all utilities except for water and common electric. The property includes a bonus space on the first floor that is currently vacant and could be utilized as additional tenant storage. Located one block away from Germantown Ave, the property is close to neighborhood amenities such as Uncle Bobbie’s Coffee & Books and Germantown Friends School. With access to Center City Philadelphia, this property is suitable for passive investors seeking income-producing potential or those looking to occupy one unit and rent out the others. The property size is 3316 square feet.
Key Highlights
- Well‑maintained 4‑unit multi‑family investment property in historic Germantown.
- New roof (Spring 2023) and new hot water heater (Spring 2025).
- Each unit is separately metered; tenants pay all utilities except water and common electric.
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Location Intelligence
Trade Area within ½ mile
1,870
Businesses Nearby
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Business Placement
Demographics for 19144, PA
44,481
Population
23,583
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
12,356
Density / Sq Mi
$45,727
Median Household Income
$36,020
Median Earnings
$1,110
Median Rent
$224,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained 4-unit property in historic Germantown neighborhood.
Where is this quadplex located?
The property is located at 5506 Greene Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: Well‑maintained 4‑unit multi‑family investment property in historic Germantown.; New roof (Spring 2023) and **new hot water heater (Spring 2025)**.; Each unit is separately metered; tenants pay all utilities except water and common electric.
