6253 N 5th St Philadelphia, PA 19120
Melrose Park Gardens NeighborhoodEstimated payment $1,473/month
About This Home
6253 N 5th St – Prime value-add duplex in East Oak Lane with strong upside potential. This well-located property features two 1BR/1BA units, with the first-floor unit rented at $850/month (no lease; long-term tenant of 6+ years) and the second-floor unit vacant and ready for quick turnover and lease-up. Attached garages currently rent for $100 each, well below market. In fair condition, the property only needs light turnover work to be move-in ready. Significant upside exists with the ability to raise rents by $200+ per unit and increase garage income. Additional highlights include separate gas meters and hot water tanks, one electric box, one water meter, gas radiator heat, and a roof completed around 2000.
Listing Agent
(267) 528-8813 genez512@gmail.com Acquisition Team LLC Listed on: 08/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,362
Year Built
- Built in 1980
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 20.00 x 100.00
Parking
- On-Street Parking
Home Design
- 1,400 Sq Ft Home
- Duplex
- Concrete Perimeter Foundation
- Masonry
Utilities
- Radiator
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 198
- Assessor Parcel Number 611092800
Map
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 | $2,546 | $240,200 | $48,040 | $192,160 |
| 2024 | $2,546 | $240,200 | $48,040 | $192,160 |
| 2023 | $2,546 | $181,900 | $36,380 | $145,520 |
| 2022 | $1,788 | $181,900 | $36,380 | $145,520 |
| 2021 | $1,788 | $0 | $0 | $0 |
| 2020 | $1,788 | $0 | $0 | $0 |
| 2019 | $1,662 | $0 | $0 | $0 |
| 2018 | $1,526 | $0 | $0 | $0 |
| 2017 | $1,526 | $0 | $0 | $0 |
| 2016 | $1,526 | $0 | $0 | $0 |
| 2015 | $1,461 | $0 | $0 | $0 |
| 2014 | -- | $109,000 | $14,469 | $94,531 |
| 2012 | -- | $22,336 | $3,146 | $19,190 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | For Sale | $225,000 | -- | $161 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $140,000 | None Available | |
| Deed | $68,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $126,000 | Commercial |
Source: Bright MLS
MLS Number: PAPH2526236
APN: 611092800
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