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$695,000
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Property Description
Excellent investment opportunity at 131 N 50th Street in West Philadelphia. The property consists of six residential units, including three studio units and three two-bedroom units, along with rear parking - a valuable feature in this area. The building is currently fully occupied and generating stable rental income. While the property has not undergone recent renovations, it has been maintained and offers strong potential for future value-add improvements through interior upgrades and operational enhancements. Conveniently located near universities, public transportation, shopping, and neighborhood amenities, the property continues to benefit from strong rental demand and a desirable location for tenants. Ideal for investors seeking a stabilized multifamily asset with both current cash flow and future upside potential.
Full Property Details
Full Property Details for 131 N 50th St
General
- Price: $695,000
- Taxes: $3,904 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2630526
- Updated: 6/5/2026
- Added to Site: 26 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Tile/Brick, Wood
Parking
- Parking Type: None
Location
- Area: 19139 (19139)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: SPRUCE HILL
- Cross Streets: Race St
- Driving Directions: Haverford Ave to N 50th St. Home will be on your left.
Heating & Cooling
- Cooling Type: Other
- Cooling Fuel: Other
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Available, Sewer Available, Natural Gas Available
Structural Information
- Construction: Brick, CPVC/PVC, Galvanized Plumbing, Copper Plumbing
- Roof: Flat
- Building Size: 3177
- Year Built: 1925
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 2,933
- Lot Size Source: Assessor
- Lot Dimensions: 23.00 x 128.00
- Zoning: RTA1
Financial Considerations
- Price Per Sq. Ft.: $218.76
- Assessment Year: 2026
- School Tax: $2,186
- City/TownTax: $1,717
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $278,900
- Tax Amount: $3,904
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 67
Listed by USRealty.com LLP, David M Sweeney
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Schools
Schools serving 131 N 50th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Rhoads James School 4901 Parrish Street, Philadelphia, PA 19139 | K-8 | 0.4 mi |
Overbrook High School, Philadelphia, PA 5898 Lancaster Avenue, Philadelphia, PA 19131 | 9-12 | 1.6 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 131 N 50th St
Date
Details
Price
Change
Source
6/05/2026
Listed
$695,000
139.66%
MLS
7/27/2017
Sold
$290,000
—
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 131 N 50th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,904
—
$278,900
—
2024
$3,904
10%
$278,900
10%
2023
$3,550
49%
$253,600
100%
2021
$2,381
-33%
-100%
2022
$3,550
49%
$253,600
49%
2020
$2,381
—
$170,100
—
2019
$2,375
3%
$169,700
3%
2018
$2,307
12%
$164,800
12%
2017
$2,065
—
$147,500
—
2016
$2,065
5%
$147,500
—
2015
$1,976
—
$147,500
—
2014
$1,976
116%
$147,500
1479%
2013
$913
—
$9,344
—
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 131 N 50th St
131 N 50th Street, Philadelphia, PA 19139 (MLS# PAPH2630526) is a Apartment property. 131 N 50th Street is currently listed for $695,000 and was received on June 05, 2026. Want to learn more about 131 N 50th Street? Do you have questions about finding other Apartment real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

