5013 Chester Ave Philadelphia, PA 19143
Kingsessing NeighborhoodEstimated payment $3,448/month
Total Views
3,561
--
Bed
--
Bath
4,551
Sq Ft
$132
Price per Sq Ft
Highlights
- City View
- 1-minute walk to Chester Avenue And 51St Street
- Space For Rooms
- Traditional Architecture
- Wood Flooring
- 3-minute walk to Kingsessing Recreation Center
About This Home
Exceptional Corner Four-Unit Investment Property in University City
Address: 5013 Chester Ave, Philadelphia, PA
Updated Listing – Now Offered at $699,900!
Incredible investment or owner-user opportunity! This property is now listed at $699,900 and features separately metered utilities, providing excellent rental flexibility and cost efficiency. Each unit includes its own independent forced air central heating and air conditioning systems, ensuring year-round comfort and complete autonomy for tenants or residents.
Whether you're looking to expand your portfolio or settle into a property that pays for itself, this listing offers unmatched value.
Features:
Each unit with separate electric, and water meters
Independent central HVAC systems for every unit (forced air heat & A/C)
Income-producing potential
Prime location
Contact us today for more details or to schedule a private tour!
Don’t miss out on this outstanding opportunity to own a well-maintained four-unit investment property in the highly desirable University City neighborhood! Located at a prime corner with convenient access to the 13 Trolley and Regional Rail, this property is ideally situated for renters, offering ease of access to local universities, hospitals, and all that the vibrant area has to offer.
Key Features:
Fully Renovated 3rd Floor Apartment – 2025:
The 3rd-floor apartment has been completely renovated in 2025, offering fresh, modern finishes and an updated design. A great option for prospective tenants looking for stylish, move-in ready living spaces.
Well-Maintained & Updated Units:
This twin corner property was fully renovated in 2012, with each unit showcasing extra width, high ceilings, and abundant natural light throughout. Every apartment has its own central air conditioning and heating units, ensuring year-round comfort for tenants.
Efficient and Tenant-Friendly Layout:
Two 2-bedroom units
One 3-bedroom unit
One spacious studio apartment with office space on the lower level
All units feature separate utilities, providing ease of management and reducing the burden on the owner.
Modern Amenities & Peace of Mind:
Laundry room and storage in the basement for tenant convenience
New concrete surrounding the building for an enhanced exterior
State-of-the-art security system, including automatic flood lights
Property complies with Philadelphia Fire Code for added safety
Newly installed 5” sewer line with a 100-year corrosion warranty
Prime Location:
Located near major hospitals and universities, this property attracts high-demand tenants, offering stable, long-term returns. The location is ideal for students, medical professionals, and faculty members looking for a convenient, well-maintained living space.
Investment & Financing Options:
For Owner Occupants:
FHA financing with as little as 3.5% down
Conventional financing with as little as 5% down
$3,000 grant & $7,500 grant eligible
For Investors:
Rent-only verification
Financing options with as little as 20% down
Ability to buy in an LLC
Pre-payment penalties allowed to secure rates in the 6% range
Interest-only financing with 25% down
Why This Property?
High-demand University City location
Fully updated, well-maintained units with modern amenities
Turnkey investment with separate utilities and security features
Stable rental income potential in a prime area near hospitals and universities
Peace of mind with recent updates, including a new sewer line and compliance with fire codes
This is an exceptional investment with the opportunity for stable returns, whether you are an owner-occupant or investor. With all the recent upgrades and strategic location, 5013 Chester Ave is a prime opportunity you don’t want to miss.
Call today to schedule a showing or inquire about financing options before this amazing investment opportunity slips away!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,959
Year Built
- Built in 1915 | Remodeled in 2012
Lot Details
- 2,052 Sq Ft Lot
- Lot Dimensions are 19.00 x 108.00
- Corner Lot
- Property is in excellent condition
Parking
- Off-Street Parking
Property Views
- City
- Park or Greenbelt
Home Design
- Triplex
- Traditional Architecture
- Converted Dwelling
- Brick Foundation
- Stone Foundation
- Shingle Roof
- Rubber Roof
- Masonry
Interior Spaces
- Double Pane Windows
- Double Hung Windows
- Open Floorplan
- Washer and Dryer Hookup
Kitchen
- Breakfast Area or Nook
- Range Hood
- Dishwasher
Flooring
- Wood
- Carpet
- Laminate
- Ceramic Tile
- Luxury Vinyl Plank Tile
Finished Basement
- Heated Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Rear Basement Entry
- Space For Rooms
- Basement Windows
Home Security
- Exterior Cameras
- Surveillance System
- Motion Detectors
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Schools
- West Philadelphia High School
Utilities
- Multiple cooling system units
- 90% Forced Air Heating and Cooling System
- Heat Pump System
- 100 Amp Service
- Electric Water Heater
Community Details
- 3 Units
- 3-Story Building
- Kingsessing Subdivision
Listing and Financial Details
- Tax Lot 52
- Assessor Parcel Number 511269400
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $1,960 | $232,200 | $46,440 | $185,760 |
| 2024 | $1,960 | $232,200 | $46,440 | $185,760 |
| 2023 | $1,960 | $140,000 | $28,000 | $112,000 |
| 2022 | $900 | $140,000 | $28,000 | $112,000 |
| 2021 | $900 | $0 | $0 | $0 |
| 2020 | $900 | $0 | $0 | $0 |
| 2019 | $785 | $0 | $0 | $0 |
| 2018 | $704 | $0 | $0 | $0 |
| 2017 | $704 | $0 | $0 | $0 |
| 2016 | $704 | $0 | $0 | $0 |
| 2015 | $1,343 | $0 | $0 | $0 |
| 2014 | -- | $100,200 | $8,126 | $92,074 |
| 2012 | -- | $7,328 | $2,065 | $5,263 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Price Changed | $599,900 | -4.8% | $132 / Sq Ft |
| 07/11/2025 07/11/25 | Price Changed | $629,900 | -6.7% | $138 / Sq Ft |
| 06/26/2025 06/26/25 | Price Changed | $675,000 | -3.6% | $148 / Sq Ft |
| 06/13/2025 06/13/25 | Price Changed | $699,900 | -2.8% | $154 / Sq Ft |
| 03/14/2025 03/14/25 | For Sale | $719,900 | 0.0% | $158 / Sq Ft |
| 12/01/2020 12/01/20 | Rented | $1,200 | 0.0% | -- |
| 11/23/2020 11/23/20 | Under Contract | -- | -- | -- |
| 11/10/2020 11/10/20 | Price Changed | $1,200 | -7.3% | -- |
| 09/01/2020 09/01/20 | Price Changed | $1,295 | -7.5% | -- |
| 08/12/2020 08/12/20 | For Rent | $1,400 | -- | -- |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $55,000 | First American Title Ins Co | |
| Sheriffs Deed | $70,000 | None Available | |
| Sheriffs Deed | $41,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $225,000 | Commercial |
Source: Public Records
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2457726
APN: 511269400
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 1124 S Divinity St
- 1107 S Divinity St
- 1130 S 51st St
- 5100 Chester Ave
- 5039 Springfield Ave
- 5107 Springfield Ave
- 4817 23 Chester Ave
- 4817-23 Chester Ave
- 1242 S 51st St
- 1309 S 52nd St
- 4815 Chester Ave
- 4813 Chester Ave
- 1421 S 49th St
- 922 S 49th St
- 1220 S 52nd St
- 5207 Chester Ave
- 4813 Trinity Place
- 1156 S 52nd St
- 6045 Chester Ave
- 1150 S 52nd St
- 4921 Chester Ave Unit 302
- 4921 Chester Ave Unit 2O2
- 4921 Chester Ave Unit 101
- 4921 Chester Ave Unit 201
- 5013 Springfield Ave Unit 312
- 5013 Springfield Ave Unit 209
- 5013 Springfield Ave Unit 313
- 5013 Springfield Ave Unit 401
- 5013 Springfield Ave Unit 202
- 5013 Springfield Ave Unit 308
- 5039 Springfield Ave Unit 3F
- 1221 S 52nd St Unit 3
- 1309 S 52nd St Unit 2
- 1242 S 51st St Unit 2
- 1311 S 52nd St Unit 4
- 5205 Chester Ave Unit B
- 5200-10 Chester Ave Unit 111
- 5200-10 Chester Ave Unit 402
- 5200-10 Chester Ave Unit 406
- 4928 Kingsessing Ave