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$550,000
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Property Description
Huge price improvement to start off 2026!!! Excellent business opportunity in Cedar Park neighborhood of West Philadelphia! This building features 7 separate 1 bedroom units. Seller is extremely motivated.
Full Property Details
Full Property Details for 5001 Cedar Ave
General
- Price: $550,000
- Taxes: $7,740 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2529614
- Updated: 1/8/2026
- Added to Site: 152 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Wood, Partially Carpeted
Rooms
Bathrooms
- Restrooms: 6
Parking
- Parking Type: On Street
Location
- Area: 19143 (19143)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: UNIVERSITY CITY
- Cross Streets: 50Th
- Driving Directions: Corner of 50th St and Cedar Ave
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Foundation: Stone
- Roof: Flat, Pitched
- Year Built: 1925
- 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): 0.06
- Lot Size (Sq. Ft.): 2,750
- Lot Size Source: Assessor
- Lot Dimensions: 25.00 x 110.00
- Zoning: RSA3
Financial Considerations
- Assessment Year: 2025
- School Tax: $4,334
- City/TownTax: $3,405
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $553,000
- Tax Amount: $7,740
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant's personal property
- Inclusions: Refrigerators in each unit
- Lot Number: 28
Listed by Realty World Properties, Inc., Shawna Marie McAleer
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Schools
Schools serving 5001 Cedar Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Sayre William L Middle School 5800 Walnut Street, Philadelphia, PA 19139 | 9-12 | 1 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 5001 Cedar Ave
Date
Details
Price
Change
Source
1/08/2026
Price Reduced
$550,000
-35.29%
MLS
8/20/2025
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5001 Cedar Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,741
—
$553,000
—
2024
$7,741
33%
$553,000
33%
2023
$5,827
26%
$416,300
100%
2021
$4,633
-20%
-100%
2022
$5,827
26%
$416,300
26%
2020
$4,633
4%
$331,000
4%
2019
$4,460
35%
$318,600
35%
2018
$3,309
—
$236,400
—
2017
$3,309
—
$236,400
—
2016
$3,309
16%
$236,400
11%
2015
$2,862
—
$213,600
—
2014
$2,862
23%
$213,600
797%
2013
$2,326
—
$23,808
—
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 5001 Cedar Ave
5001 Cedar Avenue, Philadelphia, PA 19143 (MLS# PAPH2529614) is a Apartment property. 5001 Cedar Avenue is currently listed for $550,000 and was received on August 20, 2025. Want to learn more about 5001 Cedar Avenue? 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.

