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$775,000

  • For Sale
  • Under Contract
  • Single Family
  • 6,400 Sq. Ft.
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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 for 5038 Spruce St

General

  • Price: $775,000
  • Taxes: $14,277 (2025)
  • Status: Under Contract
  • Type: Single Family
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2622868
  • Updated: 8/7/2026
  • Added to Site: 43 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

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
  • Tax Total Finished Sq. Ft.: 6400

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 155

Listed by EXP Realty, LLC, Jermaine Parker

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Listing agent

— 5038 Spruce St —

  • Jermaine Parker

    EXP Realty, LLC

Listing Office Email: pa.broker@exprealty.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5038 Spruce St

School District:Philadelphia City School District
NameGradesDistance
Sayre William L Middle School
5800 Walnut Street, Philadelphia, PA 19139
9-120.8 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/24/2026
Listed
$775,000
-4.32%
MLS
10/19/2022
Sold
$810,000
—
Public Record
Get Price Alerts and Save Property
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 for 5038 Spruce St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$14,277
—
$771,400
-14%
2025
$14,277
—
$900,000
-12%
2025
$14,277
—
$1,019,900
—
2024
$14,277
996%
$1,019,900
100%
2021
$1,303
-90%
-100%
2023
$13,217
914%
$944,200
42%
2020
$1,303
4%
$664,900
4%
2019
$1,254
—
$640,000
—
2018
$1,254
—
$640,000
—
2017
$1,254
121%
$640,000
1476%
2016
$568
4%
$40,600
—
2015
$544
—
$40,600
—
2014
$544
123%
$40,600
1527%
2013
$244
—
$2,496
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by EXP Realty, LLC, Jermaine Parker

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5038 Spruce Street, Philadelphia, PA 19139 (MLS# PAPH2622868) is a Single Family property with 0 bedrooms and 0 full bathrooms. 5038 Spruce Street is currently listed for $775,000 and was received on July 24, 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.

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