5000 Florence Ave

2,550 Sq. Ft.
$235 / Sq. Ft.
2,550
Sq. Ft.
$235
per Sq. Ft.

Description

Currently a Triplex with RM-1 Zoning allowing you to change it back into your dream home single family or add an additional 2 units as multi-family. As a 1st time homeowner looking to house hack or a seasoned investor 5000 Florence Ave is ideal. Complete with a two-car garage that is perfectly suited for a future roof deck addition. With RM-1 zoning, the property allows for expansion of up to five units by right, offering a rare and valuable opportunity for both developers and investors. Currently...Currently a Triplex with RM-1 Zoning allowing you to change it back into your dream home single family or add an additional 2 units as multi-family. As a 1st time homeowner looking to house hack or a seasoned investor 5000 Florence Ave is ideal. Complete with a two-car garage that is perfectly suited for a future roof deck addition. With RM-1 zoning, the property allows for expansion of up to five units by right, offering a rare and valuable opportunity for both developers and investors. Currently the 3 units are rented with leases through March 2026, two 2bed/1bath and one 1bed/1bath bringing in $48,000 annually. The home features a walk-out basement with shared laundry facilities and side yard garden, fire pit, and seating—ideal for entertaining on cozy fall nights. The building was owner occupied for more than 15 years always with a history of strong rental performance. Current rents remain under market, creating immediate upside for increased returns. Offered in As-Is condition, the property provides a blank canvas for repositioning, expansion, and long-term growth. Easy walking distance to UPenn and Drexel Universities as well as the Baltimore Avenue favorites like Carbon Copy, Mariposa C0-Op Grocery and Clark Park. Whether your goal is to elevate rental income or expand the building to maximize its potential, this triplex presents a rare chance to secure an asset in a highly desirable location. Don’t miss the opportunity to transform this property into a premier investment with exceptional promise.
  1. Listed by Brannon John • KW Empower
    P: (215)-840-0312 brannon@phillyliving.com
  2. Listed by Noah S Ostroff • KW Empower
    P: (215)-392-0230 info@phillyliving.com

Property Details for 5000 Florence Avenue

Tax ID Number
511147210
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Interior Row/Townhouse
Style
Traditional
Levels/Stories
2
Waterfront
No
LISTING UPDATED: 01/12/2026 10:01 AM

Property Details for 5000 Florence Avenue

StatusActive
MLS #PAPH2541744
Days on Market129
Taxes$5,916 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential / Fee Simple
Year Built1925
Lot Size0.05 AC / 2,283 SF
CountyPhiladelphia County

Location

Listing Courtesy of KW Empower
Add your commute

Building Information for 5000 Florence Avenue

Stories2Residences-Year Built1925Lot Size0.05 AC / 2,283 SF

Payment Calculator

$3,412 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,919

Property Taxes

$493

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5000 Florence Avenue

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19143 (19143)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $422,700
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $338,160
  • City Town Tax: $2,603
  • Land Assessed Value: $84,540
  • Clean Green Assessed: No
  • Land Use Code: P50
  • Zoning: RM1
  • Tax Lot: 2199
  • School Tax: $3,313
  • Automatically Update Tax Values Y/N: Yes
Rooms
Main
  • # Bedrooms Count Main Level: 5
  • # Bathrooms Count Main Level: 3
  • # Bathrooms Full Main Level: 3
Rooms
  • Stories: Main
Building Info
Building Info
  • Total Finished SQFT: 2,550.00
  • Total Finished SQFT Source: Estimated
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 22.00 x 105.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1420810
Parking
Parking
  • Type Of Parking: Detached Garage
  • Num of Detached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Garage Features: Additional Storage Area
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS
  • List Agent URL: www.phillyliving.com

Property History for 5000 Florence Avenue

DateEvent & SourcePriceAppreciation
Jan 12, 2026

Price Change

BRIGHT #PAPH2541744

$599,000
Jan 12, 2026

Price Change

BRIGHT #PAPH2540486

$599,000
Dec 1, 2025

Price Change

BRIGHT #PAPH2541744

$644,000
Dec 1, 2025

Price Change

BRIGHT #PAPH2540486

$644,000
Nov 10, 2025

Price Change

BRIGHT #PAPH2541744

$649,000
Nov 10, 2025

Price Change

BRIGHT #PAPH2540486

$649,000
Oct 27, 2025

Price Change

BRIGHT #PAPH2541744

$654,000
Oct 27, 2025

Price Change

BRIGHT #PAPH2540486

$654,000
Sep 27, 2025

Price Change

BRIGHT #PAPH2541744

$659,000
Sep 27, 2025

Listed (Active)

BRIGHT #PAPH2541744

$599,000
Sep 25, 2025

Price Change

BRIGHT #PAPH2540486

$659,000
Sep 25, 2025

Listed (Active)

BRIGHT #PAPH2540486

$599,000
Feb 12, 2008

Closed (Public Record)

Public Record #272065377

$237,125
Dec 18, 2007

Withdrawn

BRIGHT #1000773833

$249,900
Nov 5, 2007

Listed (Active)

BRIGHT #1000773833

$249,900
Dec 30, 2005

Withdrawn

BRIGHT #1000715311

$309,000
Nov 12, 2005

Withdrawn

BRIGHT #1000552043

$309,000
Nov 11, 2005

Listed (Active)

BRIGHT #1000715311

$309,000
Oct 19, 2005

Listed (Active)

BRIGHT #1000552043

$309,000
DateEvent & SourcePrice
01/12/2026

Price Change

BRIGHT #PAPH2541744

$599,000
01/12/2026

Price Change

BRIGHT #PAPH2540486

$599,000
12/01/2025

Price Change

BRIGHT #PAPH2541744

$644,000
12/01/2025

Price Change

BRIGHT #PAPH2540486

$644,000
11/10/2025

Price Change

BRIGHT #PAPH2541744

$649,000
11/10/2025

Price Change

BRIGHT #PAPH2540486

$649,000
10/27/2025

Price Change

BRIGHT #PAPH2541744

$654,000
10/27/2025

Price Change

BRIGHT #PAPH2540486

$654,000
09/27/2025

Price Change

BRIGHT #PAPH2541744

$659,000
09/27/2025

Listed (Active)

BRIGHT #PAPH2541744

$599,000
09/25/2025

Price Change

BRIGHT #PAPH2540486

$659,000
09/25/2025

Listed (Active)

BRIGHT #PAPH2540486

$599,000
02/12/2008

Closed (Public Record)

Public Record #272065377

$237,125
12/18/2007

Withdrawn

BRIGHT #1000773833

$249,900
11/05/2007

Listed (Active)

BRIGHT #1000773833

$249,900
12/30/2005

Withdrawn

BRIGHT #1000715311

$309,000
11/12/2005

Withdrawn

BRIGHT #1000552043

$309,000
11/11/2005

Listed (Active)

BRIGHT #1000715311

$309,000
10/19/2005

Listed (Active)

BRIGHT #1000552043

$309,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5000 Florence Avenue

Taxable ValueLand$84,540Additions$338,160Total$422,700
Tax Record2025$5,917 ($493 / month)
Home Facts
Beds0Total Finished SqFt2,112 SqFtAbove Grade Finished SqFt2,112 SqFtStories2Lot Size2,283 SqFtStyleCondominiumYear Built1925ZoningRM1CountyPHILADELPHIAAPN51-1-1472-10

Schools near 5000 Florence Avenue

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Harrington Avery D School
PublicK to 8

Sayre William L Middle School
Public9 to 12

The Workshop School
Public9 to 12

Motivation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

5000 Florence Avenue is a townhouse for sale in Philadelphia, PA 19143. This property was listed for sale on September 27, 2025 by KW Empower, it's currently listed at $599,000. It has been on the market for a total of 129 days and was last sold on February 12, 2008. This listing's school district is The School District of Philadelphia. Nearby schools include Harrington Avery D School, Sayre William L Middle School and The Workshop School. 5000 Florence Avenue is a 5-bed, 3-bath, 2,550 sqft townhouse built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Empower

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.