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$299,900

  • For Sale
  • Active
  • Townhouse
  • 1,204 Sq. Ft.
  • Updated 21 hours ago
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INVESTOR OPPORTUNITY Excellent opportunity to add an income-producing duplex to your Philadelphia real estate portfolio. The property features two residential units and a detached garage, providing multiple sources of rental income. Unit 1 is a 2-bedroom, 1-bathroom apartment that is currently vacant and was previously rented for $1,050 per month, allowing the new owner to select their own tenant and establish a new lease. Unit 2 is a 2-bedroom, 1-bathroom apartment that is currently occupied and rented for $1,200 per month. The detached garage generates an additional $700 per month. Based on the current and most recent rental rates, the property has the potential to generate approximately $2,950 per month and $35,400 in annual gross rental income when fully occupied. With existing income and additional upside through the vacant unit, this property offers flexibility and strong income potential for both new and experienced investors. Schedule your showing today!

Full Property Details for 5578 Ludlow St

General

  • Price: $299,900
  • Taxes: $4,459 (2026)
  • Status: Active
  • Type: Townhouse
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2667542
  • Updated: 10/6/2026
  • Added to Site: 19 day(s) ago

Interior

  • Number of Rooms: 8
  • Interior Features: Combination Kitchen/Living, Combination Kitchen/Dining, Entry Level Bedroom, Recessed Lighting, Wood Floors
  • Appliances: Built-In Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
  • Flooring: Wood

Parking

  • Parking Type: On Street

Location

  • Area: 19139 (19139)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Subdivision: WEST PHILADELPHIA
  • Driving Directions: Use GPS

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: Other
  • Structure Type: End of Row/Townhouse
  • Construction: Other
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Other
  • Roof: Flat
  • Stories/Levels: 2
  • Square Feet: 1,204
  • Sq. Ft. Source: Assessor
  • Living Area: 1,204 Sq. Ft.
  • Finished Above Grnd: 1,204 Sq. Ft.
  • Year Built: 1925
  • Year Built Source: Assessor
  • Property Condition: Good

Unit Information

  • Other Units: Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,226
  • Lot Size Source: Assessor
  • Zoning: CMX2

Financial Considerations

  • Price Per Sq. Ft.: $249.09
  • School Tax: $2,497
  • City/TownTax: $1,962
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $318,600
  • Tax Amount: $4,459
  • Tax Year: 2026
  • Tax Total Finished Sq. Ft.: 1204

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 240

Listed by Compass Pennsylvania, LLC, Eli Qarkaxhia and Compass New Jersey, LLC - Haddon Township, James V Roth

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Listing agents

— 5578 Ludlow St —

  • Eli Qarkaxhia

    Compass Pennsylvania, LLC

  • James V Roth

    Compass New Jersey, LLC - Haddon Township

Listing Office Email: kenenochs@compass.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 5578 Ludlow St

School District:Philadelphia City School District
NameGradesDistance
Hamilton Andrew School
5640 Spruce Street, Philadelphia, PA 19139
K-80.4 mi
Sayre William L Middle School
5800 Walnut Street, Philadelphia, PA 19139
9-120.3 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 5578 Ludlow St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/18/2026
Listed
$299,900
10.46%
MLS
9/10/2024
Sold
$271,500
—
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 5578 Ludlow St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,823
—
$318,600
58%
2025
$2,823
—
$201,700
—
2024
$2,823
65%
$201,700
65%
2023
$1,712
15%
$122,300
100%
2021
$1,492
—
-100%
2020
$1,492
4%
$106,600
4%
2019
$1,436
111%
$102,600
111%
2018
$682
—
$48,700
—
2017
$682
—
$48,700
—
2016
$682
-38%
$48,700
-41%
2015
$1,108
—
$82,700
—
2014
$1,108
103%
$82,700
1377%
2013
$547
—
$5,600
—
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.

Estimate the Cost for 5578 Ludlow St

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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

Get Pre-Approved

Listed by Compass Pennsylvania, LLC, Eli Qarkaxhia and Compass New Jersey, LLC - Haddon Township, James V Roth

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5578 Ludlow Street, Philadelphia, PA 19139 (MLS# PAPH2667542) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 5578 Ludlow Street is currently listed for $299,900 and was received on September 18, 2026. Want to learn more about 5578 Ludlow 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.

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