5538 Master St

$258,900
Price
Beds
Baths
1,622 Sq. Ft.
$160 / Sq. Ft.
1,622
Sq. Ft.
$160
per Sq. Ft.

Description

Welcome to 5538 Master Street - an exceptional fully renovated duplex in the heart of West Philadelphia. This duplex is situated in a high rental demand area just two blocks from Lancaster Avenue and one block in between Girard Avenue and Lansdowne Avenue, offering excellent access to public transportation, shopping, and neighborhood amenities. This low maintenance property features a modern 2-bedroom, 1-bath unit on the upper level and a 1-bedroom, 1-bath unit on the first floor, making it an excellent...Welcome to 5538 Master Street - an exceptional fully renovated duplex in the heart of West Philadelphia. This duplex is situated in a high rental demand area just two blocks from Lancaster Avenue and one block in between Girard Avenue and Lansdowne Avenue, offering excellent access to public transportation, shopping, and neighborhood amenities. This low maintenance property features a modern 2-bedroom, 1-bath unit on the upper level and a 1-bedroom, 1-bath unit on the first floor, making it an excellent opportunity for a house hacker, owner-occupant, or savvy investor. The second floor has recently been refreshed and is vacant, ready to move in. The first-floor unit is currently rented at $975/month, with strong potential for increased rental income, while the upper unit offers flexibility for owner occupancy or additional cash flow. Fully renovated down to the studs in 2021 this duplex was redone with modern mechanicals/systems, updated finishes, and a thoughtful layout throughout. This turn-key duplex combines comfort, convenience, and income potential in a prime location. Whether you're a seasoned investor looking to add to your portfolio or a first time home buyer looking to enter the market, this is a fantastic opportunity to own a renovated multi-family property in a thriving area of the city.
  1. Listed by Devin M Glover • HomeSmart Realty Advisors
    P: (908)-370-3635 dglover513@gmail.com

Property Details for 5538 Master Street

Tax ID Number
041227300
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Straight Thru
Waterfront
No
Garage
No
Expected On Market Date
01-10-2026
Municipality
PHILADELPHIA
LISTING UPDATED: 01/04/2026 03:40 PM

Property Details for 5538 Master Street

StatusComing Soon
MLS #PAPH2569384
Days on Market-
Taxes$3,845 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1925
Lot Size0.03 AC / 1,215 SF
CountyPhiladelphia County

Location

Listing Courtesy of HomeSmart Realty Advisors
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Building Information for 5538 Master Street

Stories-Residences2Year Built1925Building Size-Lot Size0.03 AC / 1,215 SF

Payment Calculator

$1,582 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,262

Property Taxes

$320

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5538 Master Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19131 (19131)
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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $274,700
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $219,760
  • City Town Tax: $1,691
  • Land Assessed Value: $54,940
  • Clean Green Assessed: No
  • Land Use Code: O30
  • Historic: No
  • Zoning: RSA5
  • Tax Lot: 63
  • School Tax: $2,153
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Water, Trash Collection
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Units Furnished: All
  • Units Leased Count: 1
  • Number Of Units Vacant: 1
  • Number Of Units Month To Month: 0
  • Rent Control: No
Financial Information
Financial Information
  • Annual Rental Income: $11,700
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Year Major Reno Remodel: 2021
  • Building Units Total: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 15.00 x 81.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 899021
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: 2nd Kitchen, Bathroom - Tub Shower
  • Fireplace: No
  • Appliances: Stainless Steel Appliances, Stove, Refrigerator, Range Hood, Oven/Range - Electric, Oven - Self Cleaning
  • Accessibility Features: 32"+ wide Doors
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • 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
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 5538 Master Street

DateEvent & SourcePriceAppreciation
Jan 29, 2021

Closed (Public Record)

Public Record #692069848

$222,600
Jan 29, 2021

Closed (Public Record)

Public Record #1452240641

$222,600

+28.3% / yr

Jan 29, 2021

Closed

BRIGHT #PAPH954026

$222,600
Dec 8, 2020

Pending

BRIGHT #PAPH954026

Nov 10, 2020

Listed (Active)

BRIGHT #PAPH954026

$209,900
Aug 31, 2020

Expired

BRIGHT #PAPH899358

Aug 6, 2020

Withdrawn

BRIGHT #PAPH899358

Jun 22, 2020

Temp Off Market

BRIGHT #PAPH899358

$219,900
May 29, 2020

Listed (Active)

BRIGHT #PAPH899358

$219,900
Apr 4, 2007

Expired

BRIGHT #PAPH663038

$34,950
Mar 12, 2007

Closed (Public Record)

Public Record #240388563

$7,000

+188.4% / yr

Oct 4, 2006

Listed (Active)

BRIGHT #PAPH663038

$34,950
Aug 31, 2006

Closed (Public Record)

Public Record #240336046

$4,000
DateEvent & SourcePrice
01/29/2021

Closed (Public Record)

Public Record #692069848

$222,600
01/29/2021

Closed (Public Record)

Public Record #1452240641

$222,600

+28.3% / yr

01/29/2021

Closed

BRIGHT #PAPH954026

$222,600
12/08/2020

Pending

BRIGHT #PAPH954026

11/10/2020

Listed (Active)

BRIGHT #PAPH954026

$209,900
08/31/2020

Expired

BRIGHT #PAPH899358

08/06/2020

Withdrawn

BRIGHT #PAPH899358

06/22/2020

Temp Off Market

BRIGHT #PAPH899358

$219,900
05/29/2020

Listed (Active)

BRIGHT #PAPH899358

$219,900
04/04/2007

Expired

BRIGHT #PAPH663038

$34,950
03/12/2007

Closed (Public Record)

Public Record #240388563

$7,000

+188.4% / yr

10/04/2006

Listed (Active)

BRIGHT #PAPH663038

$34,950
08/31/2006

Closed (Public Record)

Public Record #240336046

$4,000

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

Public Records for 5538 Master Street

Taxable ValueLand$54,940Additions$219,760Total$274,700
Tax Record2025$3,845 ($320 / month)
Home Facts
Beds3Total Finished SqFt1,622 SqFtAbove Grade Finished SqFt1,622 SqFtStories2Lot Size1,215 SqFtStyleCondominiumYear Built1925ZoningRSA5CountyPHILADELPHIAAPN04-1-2273-00

Schools near 5538 Master Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 9 to 12
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Widener Memorial School
PublicK to 12

Overbrook High School
Public9 to 12

Middle Years Alternative School
Public6 to 8

Arts Academy at Benjamin Rush
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.

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5538 Master Street is a multi-family home Coming Soon in Philadelphia, PA 19131. This property is currently priced at $258,900. This listing's school district is The School District of Philadelphia. Nearby schools include Widener Memorial School, Overbrook High School and Middle Years Alternative School. 5538 Master Street is a 0-bed, 0-bath, 1,622 sqft multi-family home 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 HomeSmart Realty Advisors

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.