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$999,000 -$51,000 (-4.86%) Price Reduced
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Property Description
If you are looking for cash flow and location, stop scrolling! Located on a hidden block, just off Girard Ave & Frankford Ave in Philly's booming Fishtown neighborhood, 1037 Crease St offers a rare investment opportunity to own a unique set of 5 occupied, updated, trinity-style rentals. These homes are also deeded separately, so there is the chance of selling them individually in the future. There's one 2-bed, 2-bath unit, four 2-bed, 1-bath units, shared pay-per-use laundry, and an enclosed patio. Unit #A is the 2-bed, 2-bath with a private street entrance opening to a bright living room with modern floors. The lower level features a sleek kitchen fitted with white shaker cabinetry, a full suite of appliances (including a dishwasher), granite counters, a tile backsplash, and a pantry. The two upper levels each boast a sunlit bedroom and a modern full bathroom. A secure breezeway leads to the other units. At the center, #B, #C, and #D have similar layouts with the living room on the first level, the kitchen on the lower level, a bedroom and bathroom on the second level, and a bright, airy bedroom on the third level featuring tall vaulted ceilings and skylights. #E on the end is the largest unit and boasts a private roof deck. A laundry closet and a patio at the rear complete the property. 1037 Crease St's fantastic Fishtown location earns a Walk Score of 87! Popular restaurants, friendly shops, and lively entertainment fill the surrounding streets. Penn Treaty Park, Rivers Casino, and Northern Liberties are also nearby, along with easy access to public transit, I-95, and South Jersey. Schedule your showing today!
Full Property Details
Full Property Details for 1037 Crease St
General
- Price: $999,000
- Taxes: $15,608 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2548610
- Updated: 1/15/2026
- Added to Site: 95 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Parking Type: None
Location
- Area: 19125 (19125)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Frankford Avenue to Girard Avenue (east) to Shackamaxon Street (south) to Crease Street
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Building Size: 3132
- Year Built: 1920
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6
Lot Features
- Lot Size (Acres): 0.01
- Lot Size (Sq. Ft.): 336
- Lot Size Source: Assessor
- Lot Dimensions: 14.00 x 24.00
- Zoning: RSA5
Financial Considerations
- Price Per Sq. Ft.: $318.97
- Assessment Year: 2025
- School Tax: $1,789
- City/TownTax: $1,406
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $228,300
- Tax Amount: $15,608
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants' possessions
- Inclusions: Washer/ dryer and refrigerators
- Lot Number: 285
Listed by KW Empower, Stuart C Cohen
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Schools
Schools serving 1037 Crease St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Adaire Alexander School 1300 East Palmer Street, Philadelphia, PA 19125 | K-8 | 0.3 mi |
Penn Treaty Middle School 600 East Thompson Street, Philadelphia, PA 19125 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1037 Crease St
Date
Details
Price
Change
Source
1/15/2026
Price Reduced
$999,000
-4.86%
MLS
12/18/2025
Price Reduced
$1,050,000
-4.55%
MLS
10/16/2025
Listed
$1,100,000
18.92%
MLS
11/18/2022
Sold
$925,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1037 Crease St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,080
-4%
$220,000
-4%
2024
$3,196
41%
$228,300
100%
2021
$2,262
-20%
-100%
2023
$2,843
26%
$203,100
26%
2020
$2,262
8%
$161,600
8%
2019
$2,100
16%
$150,000
16%
2018
$1,809
—
$129,200
—
2017
$1,809
—
$129,200
—
2016
$1,809
5%
$129,200
—
2015
$1,731
—
$129,200
—
2014
$1,731
113%
$129,200
1453%
2013
$813
—
$8,320
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1037 Crease St
1037 Crease Street, Philadelphia, PA 19125 (MLS# PAPH2548610) is a Apartment property. 1037 Crease Street is currently listed for $999,000 and was received on October 16, 2025. Want to learn more about 1037 Crease Street? Do you have questions about finding other Apartment real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

