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Germantown Multifamily Investment Opportunity
For Sale
$449,000

5506 Greene Street, Philadelphia, PA 19144

Well-maintained 4-unit property in historic Germantown neighborhood.

Property Size3,316 SF
Price / SF$135.40
Days on Market182

Property Features for 5506 Greene Street

General Information

Standard status Active
Size 3,316 SF
Property subtype Multi-Family
Zoning RSA3

Taxes and HOA fees

Annual Taxes $6,199

Amenities

Natural Gas
Yes
No
Assessor
No Pool
Public
N58
30.00 x 71.00
0.05
On Street
Other
88580.00

Building Details

Building Size 3,316 SF
Year Built 1900
Listing Agency: Maryland Dream Home Realty
Listed By: Francis Brennan
Source: Thetristaterealestategroup
Added: Mar 9 Changed: Sep 4 Last Checked: Sep 5 at 5:12AM

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 Maryland Dream Home Realty

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.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store HVAC Service Accounting Firm

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

1,870
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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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 $449,000.
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.
More about this property
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