$349,000
SOLD JUL 29, 2025
-- Bed
-- Bath
3,181 Sq Ft
2,625 Sq Ft Lot

Recently Sold

$110 Per Sq Ft

22 Days on Market

Highlights

  • Electric Baseboard Heater
  • 4-minute walk to Lansdowne Avenue And 55Th Street
  • 4-minute walk to Baker Playground

About This Home

As of July 2025

Introducing 1718 N 55th St – a 4-unit multi-family/mixed-use property in Philadelphia generating $3,734 in monthly gross income when fully rented. Units 1, 2, and 3 each bring in over $1,000/month ($1,050, $1,035, and $1,100 respectively), while Unit 4 is currently utilized as contractor storage with minisplit heating and cooling and rents for $599/month. Unit 3 is currently vacant and perfect for an owner occupant! The property is certified lead free which means you will not have to apply for new lead certifications every 4 years! fully electric, and presents a stable, income-producing property. Owner is a licensed realtor. Neighboring Vacant lot, 5514 W Oxford St. can be packaged together with this property for an additional $15,000

Last Agent to Sell the Property

Rick Land

(609) 992-8248 rick.land@centercitylistings.com KW Empower License #2320277 Listed on: 06/07/2025

KW Empower

Last Buyer's Agent

Kenneth Worley JR.

(267) 235-3600 kennyrealtor215@gmail.com Keller Williams Real Estate Tri-County License #RS371218

Keller Williams Real Estate Tri-County

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,944

Year Built

  • Built in 1915

Lot Details

  • 2,625 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 3,181 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 041319500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,944

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Remarks Public: Introducing 1718 N 55th St – a 4-unit multi-family/mixed-use property in Philadelphia generating $3,734 in monthly gross income when fully rented. Units 1, 2, and 3 each bring in over $1,000/month ($1,050, $1,035, and $1,100 respectively), while Unit 4 is currently utilized as contractor storage with minisplit heating and cooling and rents for $599/month. Unit 3 is currently vacant and perfect for an owner occupant! The property is certified lead free which means you will not have to apply for new lead certifications every 4 years! fully electric, and presents a stable, income-producing property. Owner is a licensed realtor. Neighboring Vacant lot, 5514 W Oxford St. can be packaged together with this property for an additional $15,000
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 3181
  • Living Area Sq Ft: 3181
  • Price Per Sq Ft: 109.71
  • Above Grade Finished Sq Ft: 3181
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1718

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ductless/Mini-Split, Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: I50
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2625.00
  • Zoning: RSA3

Rental Info

  • Total Actual Rent: 44808.00
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Tax Annual Amount: 1944.00
  • Assessor Parcel Number: 041319500
  • Tax Lot: 62
  • Tax Year: 2014
  • Close Date: 07/29/2025

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2025
Closed on
Jul 24, 2025
Sold by
Giller Realty Llc
Bought by
Howard Jalen
Seller's Agent
Rick Land
KW Empower
Buyer's Agent
Kenneth Worley JR.
Keller Williams Real Estate Tri-County
List Price
$349,000
Sold Price
$349,000
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.59%
Original Mortgage
$331,550
Outstanding Balance
$331,550
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$15,323

Purchase Details

Closed on
Aug 11, 2014
Sold by
Perez Juan A and Volpe Charles
Bought by
Giller Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
4.14%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 14, 2011
Sold by
Hatcher Carl W and Estate Of John R Hatcher
Bought by
Perez Juan A and Volpe Charles
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $349,000 Coretitle
Deed $55,000 None Available
Deed $33,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $331,550 New Conventional
Previous Owner $486,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $504,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Sold $349,000 0.0% $110 / Sq Ft
06/29/2025 06/29/25 Pending -- -- --
06/07/2025 06/07/25 For Sale $349,000 -- $110 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,308 $390,800 $78,160 $312,640
2024 $2,308 $390,800 $78,160 $312,640
2023 $2,308 $164,900 $32,980 $131,920
2022 $2,308 $164,900 $32,980 $131,920
2021 $2,308 $0 $0 $0
2020 $2,308 $0 $0 $0
2019 $2,226 $0 $0 $0
2018 $1,151 $0 $0 $0
2017 $1,151 $0 $0 $0
2016 $1,151 $0 $0 $0
2015 $1,944 $0 $0 $0
2014 -- $145,100 $16,800 $128,300
2012 -- $5,760 $2,538 $3,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2490962

Bright MLS

APN: 041319500