5134 Spruce St
Description
The building features a versatile unit mix of one 3-bedroom and four 1-bedroom units, ideal for maximizing rental income and tenant flexibility....Well-positioned just off the growing 52nd Street Corridor and minutes from University City, this 5-unit property offers strong in-place income and excellent long-term upside in a high-demand rental market. With close proximity to UPenn, Drexel, and major hospitals, the area consistently attracts a deep tenant pool of students, healthcare workers, and professionals.
The building features a versatile unit mix of one 3-bedroom and four 1-bedroom units, ideal for maximizing rental income and tenant flexibility. Rent projections (based on Philadelphia Housing Voucher Program rates) support a projected cap rate exceeding 14%!
One unit is currently leased for immediate cash flow, while the remaining units offer value-add potential. The first-floor unit has been renovated with a modern kitchen, updated bath, new flooring, and fresh paint. Additional units feature spacious layouts, large windows, and strong natural light.
Located just blocks from the Market-Frankford Line, with easy access to Center City, University City, and neighborhood amenities along Baltimore Avenue and Malcolm X Park, this location continues to benefit from ongoing development and steady rental demand. Situated within a Qualified Opportunity Zone, the potential future advantages are multifaceted.
Ideal for investors seeking yield or house hackers looking to live in one unit while stabilizing the rest. Schedule your tour today and capitalize on this high-demand West Philadelphia location.
Listing Agent
![Peter van der Vlugt]()
P: (484)-431-8821
Property Details for 5134 Spruce Street
Property Details for 5134 Spruce Street
| Status | Active |
|---|---|
| MLS # | PAPH2602952 |
| Days on Market | 40 |
| Taxes | $5,830 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1925 |
| Lot Size | 0.04 AC / 1,775 SF |
| County | Philadelphia County |
Location
Building Information for 5134 Spruce Street
Payment Calculator
$2,842 per month
30 year fixed, 6.46% Interest
$2,357
$486
$0
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1Property Information for 5134 Spruce Street
- School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
- School District County ID: 300200397108
- SchoolDistrictSource: Listing Agent
- County: PHILADELPHIA
- MLS Area: 19139 (19139)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2026
- Tax Assessed Value: $416,500
- Year Assessed: 2025
- Improvement Assessed Value: $333,200
- Land Assessed Value: $83,300
- Zoning: RSA5
- Automatically Update Tax Values Y/N: No
- Single Room Units Count: 0
- One Bedroom Units Count: 4
- Two Bedroom Units Count: 0
- Three Bedroom Units Count: 1
- Other Units: Unit 1,Unit 1,Unit 1,Unit 1
- Type: Unit 1
- Unit Type Occupied YN: No
- Beds Total: 3
- Full Baths Count: 1
- Type: Unit 1
- Unit Type Occupied YN: No
- Beds Total: 1
- Full Baths Count: 1
- Type: Unit 1
- Unit Type Occupied YN: No
- Beds Total: 1
- Full Baths Count: 1
- Type: Unit 1
- Unit Type Occupied YN: No
- Beds Total: 1
- Full Baths Count: 1
- Building Level Count: 3
- Building Units Total: 4
- Total Finished SQFT: 3,159.00
- Total Finished SQFT Source: Estimated
- Total SQFT: 3,159.00
- Total SQFT Source: Estimated
- Construction Materials: Brick, Stone
- Basement Type: Space For Rooms, Heated, Fully Finished
- Foundation Details: Stone
- Other Structure: Above Grade, Below Grade
- Lot Size Source: Estimated
- Type Of Parking: On Street
- Accessibility Features: None
- Pool: No Pool
- Heating: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: Greater Philadelphia Association of REALTORS
Property History for 5134 Spruce Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| May 6, 2026 | Price Change BRIGHT #PAPH2602952 | $468,000 | — |
| Apr 7, 2026 | Listed (Active) BRIGHT #PAPH2602952 | $489,000 | — |
| Dec 31, 2025 | Withdrawn BRIGHT #PAPH2470122 | — | |
| Oct 16, 2025 | Price Change BRIGHT #PAPH2470122 | $515,000 | — |
| Jul 28, 2025 | Price Change BRIGHT #PAPH2470122 | $569,000 | — |
| May 22, 2025 | Listed (Active) BRIGHT #PAPH2470122 | $599,000 | — |
| May 1, 2025 | Listed (Active) BRIGHT #PAPH2470122 | $599,000 | — |
| Sep 9, 2023 | Expired BRIGHT #PAPH2158316 | — | |
| Dec 7, 2022 | Withdrawn BRIGHT #PAPH2158316 | — | |
| Oct 12, 2022 | Price Change BRIGHT #PAPH2158316 | $575,000 | — |
| Sep 22, 2022 | Listed (Active) BRIGHT #PAPH2158316 | $599,000 | — |
| Mar 25, 2011 | Closed (Public Record) Public Record #306478101 | $80,325 | — |
| Date | Event & Source | Price |
|---|---|---|
| 05/06/2026 | Price Change BRIGHT #PAPH2602952 | $468,000 |
| 04/07/2026 | Listed (Active) BRIGHT #PAPH2602952 | $489,000 |
| 12/31/2025 | Withdrawn BRIGHT #PAPH2470122 | — |
| 10/16/2025 | Price Change BRIGHT #PAPH2470122 | $515,000 |
| 07/28/2025 | Price Change BRIGHT #PAPH2470122 | $569,000 |
| 05/22/2025 | Listed (Active) BRIGHT #PAPH2470122 | $599,000 |
| 05/01/2025 | Listed (Active) BRIGHT #PAPH2470122 | $599,000 |
| 09/09/2023 | Expired BRIGHT #PAPH2158316 | — |
| 12/07/2022 | Withdrawn BRIGHT #PAPH2158316 | — |
| 10/12/2022 | Price Change BRIGHT #PAPH2158316 | $575,000 |
| 09/22/2022 | Listed (Active) BRIGHT #PAPH2158316 | $599,000 |
| 03/25/2011 | Closed (Public Record) Public Record #306478101 | $80,325 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5134 Spruce Street
Schools near 5134 Spruce Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Charter - | K to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 | |||
| Public - | 5 to 8 |
Rating | School | Distance |
|---|---|---|
Global Leadership Academy Charter Southwest CharterK to 8 | ||
Sayre William L Middle School Public9 to 12 | ||
The Workshop School Public9 to 12 | ||
Middle Years Alternative School Public5 to 8 |
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.
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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.
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.