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$135,000
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Property Description
Excellent investment opportunity in a rapidly improving West Philadelphia neighborhood just minutes from University City. This multifamily building features RM1 zoning by right and separate electric meters, offering strong income potential and flexibility for investors. The property provides an opportunity to add value through renovation or improved management while benefiting from strong rental demand in a growing area. Conveniently located near public transportation, major universities, hospitals, and the expanding University City corridor, this is a great opportunity for investors looking to expand their portfolio in the high demand Philadelphia market.
Full Property Details
Full Property Details for 1216 N 55th St
General
- Sold For: $135,000
- Taxes: $2,570 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2594198
- Added to Site: 56 day(s) ago
Parking
- Parking Type: Other
Location
- Area: 19131 (19131)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Exit the parking lot toward Lancaster Ave Turn right onto Lancaster Ave Turn right onto N 54th St Turn right onto Master St Turn left onto N 55th St Destination will be on the right
School Information
- School District: Philadelphia City
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Other
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Other
- Square Feet: 1,629
- Sq. Ft. Source: Assessor
- Living Area: 1,629 Sq. Ft.
- Finished Above Grnd: 1,629 Sq. Ft.
- Year Built: 1915
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,575
- Lot Size Source: Assessor
- Lot Dimensions: 15.00 x 105.00
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $79.8
- Assessment Year: 2026
- School Tax: $1,439
- City/TownTax: $1,130
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $183,600
- Tax Amount: $2,570
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1629
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 173
Listed by The Greene Realty Group, Derek J. Greene
Sold by Non Subscribing Office, NON MEMBER
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Schools
Schools serving 1216 N 55th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Heston Edward School 1621 North 54th Street, Philadelphia, PA 19131 | K-6 | 0.4 mi |
Overbrook High School, Philadelphia, PA 5898 Lancaster Avenue, Philadelphia, PA 19131 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1216 N 55th St
Date
Details
Price
Change
Source
4/15/2026
Sold
$135,000
3.85%
MLS
3/14/2026
Listed
$130,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1216 N 55th Street, Philadelphia, PA 19131 (MLS# PAPH2594198) is a Townhouse property that was sold at $135,000 on April 15, 2026. Want to learn more about 1216 N 55th Street? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

