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$634,900
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Property Description
Well-maintained 6-unit multifamily property located in Philadelphia. Each unit features 1 bedroom and 1 bathroom and is equipped with wall/window A/C units. The building currently has 4 occupied units, offering immediate rental income potential. Property includes gas heat with baseboard heating and gas water heaters. The heating system is serviced twice a year, with the most recent service completed in 2025. The side of the roof was repaired approximately three years ago. Windows were replaced in 2014. Additional amenities include a coin-operated washer and dryer for tenant convenience and on-site parking for up to 8 vehicles. Three units are vacant, Owner has not increased the rent for a couple of years, one unit pays $720, month to month, $780, month to month, the other unit $975, tenant extended the lease for a year. Rents can easily can be raised, the vacant units are ready to be rented and in great condition. This property presents a great opportunity for investors looking to add a stable multifamily asset in a strong rental market.
Full Property Details
Full Property Details for 5701 Tulip St
General
- Price: $634,900
- Taxes: $5,330 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2595124
- Updated: 3/18/2026
- Added to Site: 16 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Carpet
Rooms
Bathrooms
- Restrooms: 6
Parking
- Total Spaces: 8
- Parking Type: Parking Lot
Location
- Area: 19135 (19135)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Cross Streets: Cheltenham Av
- Driving Directions: Take Torresdale Ave, Cheltenham Ave East to Tulip . Property on the corner of Tulip and Cheltenham.
Heating & Cooling
- Cooling Type: Wall Unit
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Natural Gas, Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Natural Gas Available, Sewer Available
Structural Information
- Construction: Masonry
- Foundation: Stone
- Roof: Flat
- Building Size: 3390
- Year Built: 1960
- Year Built Source: Assessor
- Property Condition: Very Good, Good, Average
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,850
- Lot Size Source: Assessor
- Lot Dimensions: 49.00 x 100.00
- Street/Road Desc.: US Highway/Interstate
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $187.29
- Assessment Year: 2026
- School Tax: $2,985
- City/TownTax: $2,345
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $380,800
- Tax Amount: $5,330
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 28
Listed by Allentown City Realty, Kelvin Diaz
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Schools
Schools serving 5701 Tulip St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Sullivan James J School 5300 Ditman Street, Philadelphia, PA 19124 | K-5 | 0.3 mi |
Harding Warren G Middle School 2000 Wakeling Street, Philadelphia, PA 19124 | 7-8 | 0.7 mi |
Frankford High School 5000 Oxford Avenue, Philadelphia, PA 19124 | 9-12 | 1.4 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 5701 Tulip St
Date
Details
Price
Change
Source
3/16/2026
Listed
$634,900
200.9%
MLS
4/18/2013
Sold
$211,000
—
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 5701 Tulip St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,330
—
$380,800
—
2024
$5,330
44%
$380,800
44%
2023
$3,693
-9%
$263,800
100%
2021
$4,062
10%
-100%
2022
$3,693
-9%
$263,800
-9%
2020
$4,062
8%
$290,200
8%
2019
$3,770
30%
$269,300
30%
2018
$2,899
—
$207,100
—
2017
$2,899
—
$207,100
—
2016
$2,899
4%
$207,100
—
2015
$2,775
—
$207,100
—
2014
$2,775
12%
$207,100
714%
2013
$2,486
—
$25,440
—
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 5701 Tulip St
5701 Tulip Street, Philadelphia, PA 19135 (MLS# PAPH2595124) is a Apartment property. 5701 Tulip Street is currently listed for $634,900 and was received on March 16, 2026. Want to learn more about 5701 Tulip Street? Do you have questions about finding other Apartment real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

