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$215,900
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Property Description
Welcome to 5538 Master Street - an exceptional fully renovated duplex in the heart of West Philadelphia. This duplex is situated in a high rental demand area just two blocks from Lancaster Avenue and one block in between Girard Avenue and Lansdowne Avenue, offering excellent access to public transportation, shopping, and neighborhood amenities. This low maintenance property features a modern 2-bedroom, 1-bath unit on the upper level with potential for market rent between $1,250-$1,350 and a 1-bedroom, 1-bath unit on the first floor with potential market rent between $1,000-$1,100. This makes it an excellent opportunity for a house hacker, owner-occupant, or savvy investor. Both units have recently been refreshed and both vacant, ready to move in. Both units offers flexibility for owner occupancy or additional cash flow. Fully renovated down to the studs in 2021 this duplex was redone with modern mechanicals/systems, updated finishes, and a thoughtful layout throughout. This turn-key duplex combines comfort, convenience, and income potential in a prime location. Whether you're a seasoned investor looking to add to your portfolio or a first time home buyer looking to enter the market, this is a fantastic opportunity to own a renovated multi-family property in a thriving area of the city. All offers are welcome!
Full Property Details
Full Property Details for 5538 Master St
General
- Price: $215,900
- Taxes: $3,845 (2025)
- Status: Under Contract
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2605406
- Updated: 5/19/2026
- Added to Site: 46 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: 2nd Kitchen, Bathroom - Tub Shower
- Appliances: Stainless Steel Appliances, Stove, Refrigerator, Range Hood, Oven/Range - Electric, Oven - Self Cleaning
- Flooring: Hardwood
Parking
- Parking Type: On Street
Location
- Area: 19131 (19131)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Take a left off of Lancaster Ave onto Master Street
School Information
- School District: Philadelphia City
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Straight Thru
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Foundation: Permanent
- Roof: Rubber
- Square Feet: 2,162
- Sq. Ft. Source: Estimated
- Living Area: 1,622 Sq. Ft.
- Finished Above Grnd: 1,622 Sq. Ft.
- Year Built: 1925
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
- Other Units: Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,215
- Lot Size Source: Assessor
- Lot Dimensions: 15.00 x 81.00
- Zoning: RSA5
Financial Considerations
- Price Per Sq. Ft.: $133.11
- Assessment Year: 2025
- School Tax: $2,153
- City/TownTax: $1,691
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $274,700
- Tax Amount: $3,845
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 1622
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: All appliances
- Lot Number: 63
Listed by HomeSmart Realty Advisors, Devin M Glover
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Schools
Schools serving 5538 Master St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Heston Edward School 1621 North 54th Street, Philadelphia, PA 19131 | K-6 | 0.3 mi |
Overbrook High School, Philadelphia, PA 5898 Lancaster Avenue, Philadelphia, PA 19131 | 9-12 | 0.6 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 5538 Master St
Date
Details
Price
Change
Source
5/05/2026
Price Reduced
$215,900
-8.09%
MLS
4/22/2026
Price Reduced
$234,900
-6%
MLS
4/08/2026
Listed
$249,900
12.26%
MLS
1/29/2021
Sold
$222,600
—
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 5538 Master St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,019
-73%
$274,700
—
2025
$3,845
—
$274,700
—
2024
$3,845
277%
$274,700
100%
2021
$1,019
—
-100%
2023
$1,019
—
$72,800
—
2020
$1,019
4%
$72,800
4%
2019
$981
19%
$70,100
19%
2018
$826
—
$59,000
—
2017
$826
—
$59,000
—
2016
$826
-14%
$59,000
-18%
2015
$959
—
$71,600
—
2014
$959
9%
$71,600
693%
2013
$882
—
$9,024
—
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 5538 Master St
5538 Master Street, Philadelphia, PA 19131 (MLS# PAPH2605406) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 5538 Master Street is currently listed for $215,900 and was received on April 08, 2026. Want to learn more about 5538 Master 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.

