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$130,000
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Property Description
MULTIPLE OFFERS RECEIVED! Seller requests all interested parties submit their highest and best offer no later than 4pm, Tuesday May 26, 2026. Opportunity knocks in the heart of West Philadelphia with this rare 3-story framed-out shell offering exceptional upside for investors, developers, or savvy owner-operators. With a thoughtfully designed layout already in place, this property has the potential to be transformed into a 4-unit income-producing asset featuring two spacious 2-bedroom, 1-bath units and two well-appointed 1-bedroom, 1-bath units. Much of the heavy lifting has already begun, including framing work and key exterior improvements such as updated windows and a rebuilt front porch, giving the next owner a valuable head start toward completion. The structure offers strong bones, flexible living configurations, and the chance to maximize rental income in one of Philadelphia's steadily growing neighborhoods. Whether you're looking to add a high-performing multi-family property to your portfolio, create modern rental residences, or capitalize on the area's continued development and demand, this property presents incredible potential and long-term value. Bring your vision and unlock the possibilities this unique investment opportunity has to offer. Buyer is responsible for verifying and legal proposed use with appropriate authority. Seller makes no representations regarding legal use, zoning or condition.
Full Property Details
Full Property Details for 5924 Master St
General
- Sold For: $130,000
- Taxes: $2,701 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PAPH2625092
- Added to Site: 107 day(s) ago
Rental Information
- Lease Info: None
Parking
- Parking Type: On Street
Location
- Area: 19151 (19151)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Cross Streets: 59Th
- Driving Directions: 59th & Master
- Location Details: Middle Of Block
School Information
- School District: Philadelphia City
Heating & Cooling
- Cooling Type: None
- Heating Type: None
- Water Heater: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: None
Structural Information
- Architectural Style: Other
- Structure Type: Detached
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Full
- Foundation: Brick/Mortar
- Square Feet: 2,096
- Sq. Ft. Source: Assessor
- Living Area: 2,096 Sq. Ft.
- Finished Above Grnd: 2,096 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,913
- Lot Size Source: Assessor
- Lot Dimensions: 23.00 x 85.00
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $57.25
- Assessment Year: 2026
- School Tax: $1,512
- City/TownTax: $1,188
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $193,000
- Tax Amount: $2,701
- Tax Year: 2025
- Terms: Bank Owned/REO
- Tax Total Finished Sq. Ft.: 2096
Disclosures and Reports
- Ownership: Fee Simple
- Bank-owned: Yes
- Lot Number: 48
Listed by RE/MAX Prime Real Estate, Jaimee A. Cohen
Sold by Realty ONE Group Focus, Rowda Jemal Mohammed
Get Pre-Approved Today
Schools
Schools serving 5924 Master St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Heston Edward School 1621 North 54th Street, Philadelphia, PA 19131 | K-6 | 0.6 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 5924 Master St
Date
Details
Price
Change
Source
7/29/2026
Sold
$130,000
8.33%
MLS
5/21/2026
Listed
$120,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5924 Master Street, Philadelphia, PA 19151 (MLS# PAPH2625092) is a Single Family property that was sold at $130,000 on July 29, 2026. Want to learn more about 5924 Master Street? Do you have questions about finding other Single Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

