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$235,000

  • Sold
  • Closed
  • Triplex
  • 3,102 Sq. Ft.
See This Home
Save This Home
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SELLER IS MOTIVATED! This is a great opportunity for a mixed-use investment property with many possibilities! It has great potential for a daycare, a beauty salon/barber shop, a spa or nail salon, a restaurant or a bed & breakfast, a studio, a music lounge, a retail store, an event space, or an office space. It was formerly used as an event space for baby showers, birthday & anniversary parties & pop-up shops. This property has 3 levels and each unit has its unique features. The main entrance features a reception area, 2 pickup windows, a multi-purpose space plus 2 half baths. The first level also has side entry access that leads directly to the second level for more multi-purpose space with 2 half baths, a food serving bar & a pick-up window from a fully equipped kitchen that features a range oven with grill, 2 deep fryers, and more. On the partially finished 3rd level loft/ multi-purpose space, there is a full bath with a stall shower & shower seat bench and the office space/sitting area is waiting for your final design touches. A new roof was installed in 2020, basement is a great area for storage. This property is in a great location, within walking distance of the beautifully kept Carroll Park where the neighbors take pride in making it a place to relax, have fun & enjoy & are part of Philadelphia's #loveyourpark initiative! Also located just minutes away from I-76, Center City, University City, Fairmount Park, Boathouse Row, the Art Museum & Philadelphia Zoo. So don't miss out, schedule your appointment today!

Full Property Details for 5840 Master St

General

  • Sold For: $235,000
  • Taxes: $2,268 (2024)
  • Status: Closed
  • Type: Triplex
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2424630
  • Added to Site: 411 day(s) ago

Interior

  • Interior Features: Bar, Bathroom - Stall Shower, Bathroom - Walk-In Shower, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Recessed Lighting
  • Appliances: Commercial Range
  • Flooring: Ceramic Tile, Hardwood

Parking

  • Parking Type: On Street

Location

  • Area: 19131 (19131)
  • Municipality: PHILADELPHIA
  • County: Philadelphia
  • Development Name: Carroll Park
  • Subdivision: Carroll Park
  • Cross Streets: N 59th Street
  • Driving Directions: On the Corner of N 59th Street & W Master Street
  • Location Details: Corner Lot/Unit

School Information

  • School District: The School District Of Philadelphia

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 Info: Other
  • Architectural Style: Other
  • Structure Type: Other
  • Construction: Masonry
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Stories/Levels: 3
  • Square Feet: 3,102
  • Sq. Ft. Source: Estimated
  • Living Area: 3,102 Sq. Ft.
  • Finished Above Grnd: 3,102 Sq. Ft.
  • Year Built: 1920
  • Year Built Source: Estimated
  • Property Condition: Average

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 3

Unit 1

  • Unit Description: Unit 1

Unit 2

  • Unit Description: Unit 2

Unit 3

  • Unit Description: Unit 3

Lot Features

  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,458
  • Lot Size Source: Estimated
  • Lot Dimensions: 20.00 x 75.00
  • Lot Features: Corner, Rear Yard
  • Zoning: CMX1
  • Lot Description: Corner, Rear Yard

Financial Considerations

  • Price Per Sq. Ft.: $82.21
  • Assessment Year: 2023
  • School Tax: $1,310
  • City/TownTax: $1,077
  • City/TownTax Freq: Annually
  • Tax w/Assessment: $170,600
  • Tax Amount: $2,268
  • Tax Year: 2024
  • Terms: Standard Sale

Disclosures and Reports

  • Ownership: Fee Simple
  • Inclusions: Some items are negotiable, please contact the listing agent for more details
  • Lot Number: 86

Listed by EXP Realty, LLC, Patricia Gadson
Sold by Weichert Realtors, Ross Sterling Green

Listing agent

— 5840 Master St —

  • Patricia Gadson

    EXP Realty, LLC

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 5840 Master St

School District:Philadelphia City School District
NameGradesDistance
Overbrook High School, Philadelphia, PA
5898 Lancaster Avenue, Philadelphia, PA 19131
9-120.6 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 5840 Master St

Date
Details
Price
Change
Source
8/11/2025
Sold
$235,000
-7.84%
MLS
6/17/2025
Price Reduced
$255,000
-1.92%
MLS
6/05/2025
Price Reduced
$260,000
-3.7%
MLS
4/24/2025
Price Reduced
$270,000
-1.82%
MLS
4/08/2025
Price Reduced
$275,000
-5.17%
MLS
3/04/2025
Price Reduced
$290,000
-3.33%
MLS
12/02/2024
Listed
$300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by EXP Realty, LLC, Patricia Gadson
Sold by Weichert Realtors, Ross Sterling Green

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5840 Master Street, Philadelphia, PA 19131 (MLS# PAPH2424630) is a Triplex property that was sold at $235,000 on August 11, 2025. Want to learn more about 5840 Master Street? Do you have questions about finding other Triplex real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.