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$250,000
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Property Description
This versatile property with commercial mixed-use zoning features a storefront currently set up for a convenience store, plus two residential units. The unfinished residential unit is located on the first floor behind the store, offering potential for added rental income or customization. Upstairs, you'll find a large owner-occupied 1-bedroom unit with the versatility to be converted into a 2-bedroom. A great opportunity for investors or owner-users to maximize both commercial and residential value. Buyers are encouraged to perform their own due diligence regarding permitted business uses.
Full Property Details
Full Property Details for 641 N 56th St
General
- Price: $250,000
- Taxes: $1,272 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2525360
- Updated: 12/17/2025
- Added to Site: 153 day(s) ago
Business
- Business Type: Supermarket/Grocery Store, Apartment Building, Conve
Parking
- Parking Type: On Street
Location
- Area: 19131 (19131)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Take Girard Avenue to N 56th Street
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Building Size: 1834
- Year Built: 1925
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,253
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 78.00
- Zoning: CMX1
Financial Considerations
- Price Per Sq. Ft.: $136.31
- Assessment Year: 2025
- School Tax: $712
- City/TownTax: $559
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $90,900
- Tax Amount: $1,272
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 17
Listed by Honest Real Estate, Kelly Ann Walker
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Schools
Schools serving 641 N 56th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Overbrook High School, Philadelphia, PA 5898 Lancaster Avenue, Philadelphia, PA 19131 | 9-12 | 0.8 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 641 N 56th St
Date
Details
Price
Change
Source
9/17/2025
Price Reduced
$250,000
-5.66%
MLS
8/15/2025
Listed
$265,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 641 N 56th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
$90,900
—
2024
-100%
$90,900
-9%
2023
$284
-47%
$100,300
100%
2021
$532
87%
-100%
2023
$284
-76%
$55,300
-33%
2020
$1,162
1%
$83,000
1%
2019
$1,151
3%
$82,200
3%
2018
$1,118
-20%
$79,900
-20%
2017
$1,403
—
$100,200
—
2016
$1,403
4%
$100,200
—
2015
$1,343
—
$100,200
—
2014
$1,343
107%
$100,200
1405%
2013
$650
—
$6,656
—
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 641 N 56th St
641 N 56th Street, Philadelphia, PA 19131 (MLS# PAPH2525360) is a Apartment property. 641 N 56th Street is currently listed for $250,000 and was received on August 15, 2025. Want to learn more about 641 N 56th 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.

