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$205,000
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Property Description
Charming Duplex in Fern Rock - Income-Generating Opportunity! Welcome to 5607 N Park Avenue, a well-maintained, legally zoned duplex situated in the desirable Fern Rock neighborhood of Philadelphia with all rental licenses active and one unit vacant. This property offers an incredible investment opportunity, with a current gross monthly income of $2,300. The first unit is a 1-bedroom, 1-bath apartment renting for $1,000/month, while the second unit, currently vacant, is a 2-bedroom, 1-bath apartment with a rental potential of $1,200/month. Featuring a shared laundry room and parking accessible from the back of the property. Located just steps away from the Olney transportation center on the Broad street line for excellent public transportation options. Whether you're looking to expand your investment portfolio or occupy one unit while renting the other, this property provides flexibility and immediate income. Additional highlights include: a large 2,368 sqft. Lot with off-street parking available for multiple cars and a garage, which only requires a garage door installation to maximize its potential. The property also comes with security cameras, not currently active but included in the sale as well as on-site laundry. Plus, enjoy peace of mind knowing the building is certified lead-safe. Matterport 3D tour included in this listing As an added bonus, the owner is a licensed realtor, ensuring a smooth and professional transaction. Don't miss your chance to own this income-producing duplex in a prime location. Schedule your showing today!
Full Property Details
Full Property Details for 5607 N Park Ave
General
- Sold For: $205,000
- Taxes: $3,236 (2024)
- Status: Closed
- Type: Duplex
- Source: BrightMLSPhilly
- MLS ID: PAPH2482280
- Added to Site: 252 day(s) ago
Interior
- Appliances: Refrigerator, Stove, Microwave, Washer, Dryer
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 3
- Parking Type: Attached Garage, Off Street
- Garage Description: Garage - Rear Entry
Location
- Area: 19141 (19141)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: Fern Rock
- Subdivision: Fern Rock
- Driving Directions: gps
School Information
- School District: Philadelphia City
Heating & Cooling
- Cooling Type: None
- Heating Type: Steam
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Foundation: Stone
- Stories/Levels: 0
- Square Feet: 1,556
- Sq. Ft. Source: Assessor
- Living Area: 1,556 Sq. Ft.
- Finished Above Grnd: 1,556 Sq. Ft.
- Year Built: 1920
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2
- 1 Bedroom Units: 1
- 2 Bedroom Units: 1
Unit 1
- Unit Description: Unit 1
- Bedrooms: 1
Unit 2
- Unit Description: Unit 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,368
- Lot Size Source: Assessor
- Lot Dimensions: 20.00 x 118.00
- Zoning: RSA5
Financial Considerations
- Price Per Sq. Ft.: $128.53
- Assessment Year: 2025
- School Tax: $1,812
- City/TownTax: $1,423
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $231,200
- Tax Amount: $3,236
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1556
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 65
Listed by KW Empower, Eric Land
Sold by Keller Williams Main Line, Ife Foy
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Schools
Schools serving 5607 N Park Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Howe Julia Ward School 5800 North 13th Street, Philadelphia, PA 19141 | K-5 | 0.2 mi |
Wagner Gen Louis Middle School 1701 West Chelten Avenue, Philadelphia, PA 19126 | 6-8 | 0.9 mi |
King Martin Luther High School 6100 Stenton Avenue, Philadelphia, PA 19138 | 9-12 | 1.6 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 5607 N Park Ave
Date
Details
Price
Change
Source
7/09/2025
Sold
$205,000
2.5%
MLS
5/13/2025
Listed
$200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5607 N Park Avenue, Philadelphia, PA 19141 (MLS# PAPH2482280) is a Duplex property that was sold at $205,000 on July 09, 2025. Want to learn more about 5607 N Park Avenue? Do you have questions about finding other Duplex real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

