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$750,000
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Property Description
Motivated Seller - Priced to Sell 5038 Spruce Street is a 4-unit(2 - 3 bed & 2- 2 bed) brick building in the heart of University City - one of Philadelphia's strongest and most consistent rental markets. Built in 2010 and well maintained, the building totals approximately 8,000 square feet across four spacious units, each with roughly 1,500 square feet of finished living space. Every unit features central A/C, in-unit washer/dryer, updated kitchen and baths, recessed lighting, and rear outdoor space - the kind of finishes that keep quality tenants in place and vacancy low. The location is straightforward for any investor who knows Philadelphia. You're sitting at the intersection of Garden Court and Walnut Hill, two of University City's most in-demand pockets, with a 93 Walk Score. SEPTA bus and rail options connect tenants directly to Penn, Drexel, HUP, 30th Street Station, and Center City - which is exactly why this corridor stays rented. Proximity to major universities and hospital systems means a deep, reliable tenant pool that doesn't dry up.
Full Property Details
Full Property Details for 5038 Spruce St
General
- Sold For: $750,000
- Taxes: $14,277 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PAPH2622868
- Added to Site: 88 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: 19139 (19139)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: UNIVERSITY CITY
- Cross Streets: 50th & Spruce
- Driving Directions: Walnut Street to 50th Street make a left on 50th to Spruce and make a right... Come to 5038 Spruce Street.
School Information
- School District: Philadelphia City
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air, Zoned
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Detached
- Construction: Block, Aluminum Siding
- Basement: Yes
- Basement Desc.: Full
- Foundation: Concrete Perimeter
- Square Feet: 6,400
- Sq. Ft. Source: Assessor
- Living Area: 6,400 Sq. Ft.
- Finished Above Grnd: 6,400 Sq. Ft.
- Year Built: 2010
- Year Built Source: Estimated
Unit Information
- Other Units: Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,616
- Lot Size Source: Assessor
- Lot Dimensions: 24.00 x 109.00
- Zoning: RSA3
- Lot Description: Rear Yard
Financial Considerations
- Price Per Sq. Ft.: $121.09
- County Tax Freq: Annually
- Tax w/Assessment: $1,019,900
- Tax Amount: $14,277
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 6400
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 155
Listed by EXP Realty, LLC, Jermaine Parker
Sold by KW Empower, Samson Yohannes
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Schools
Schools serving 5038 Spruce St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Sayre William L Middle School 5800 Walnut Street, Philadelphia, PA 19139 | 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 5038 Spruce St
Date
Details
Price
Change
Source
8/31/2026
Sold
$750,000
-3.23%
MLS
7/24/2026
Listed
$775,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5038 Spruce Street, Philadelphia, PA 19139 (MLS# PAPH2622868) is a Single Family property that was sold at $750,000 on August 31, 2026. Want to learn more about 5038 Spruce Street? Do you have questions about finding other Single Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

