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$189,900

  • For Sale
  • Active
  • Townhouse
  • 1,862 Sq. Ft.
  • Updated 7 days ago
See This Home
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Investors - this is you don't want to miss! We've lowered the asking price on this cash-flowing Cobbs Creek duplex, and the numbers now exceed the 1% rule: collected rents represent 1% or more of the new sale price. That's day-one cash flow with room to grow. Both two-bedroom units are tenant-occupied and producing income now - no lease-up period, no vacancy risk out of the gate. While your tenants pay down the asset, you plan your next move. A rundown of the asset: The first-floor unit sits on a full-footprint unfinished basement with walk-out access - a blank canvas for additional storage, utility space, or a future value-add play. The second-floor unit was kitchen-renovated last year and features a large covered porch and an oversized dining/kitchen layout that tenants love. Location works for you too - bus lines at the door and Baltimore Ave trolley just blocks away means strong rental demand isn't going anywhere. Being sold AS-IS. Priced to move. The seller is motivated and the math is already working in your favor - this is the rare opportunity where the deal is done before you even close.

Full Property Details for 709 S 56th St

General

  • Price: $189,900
  • Taxes: $2,599 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2596626
  • Updated: 5/1/2026
  • Added to Site: 50 day(s) ago

Interior

  • Appliances: Refrigerator, Oven/Range - Gas, Washer, Dryer

Parking

  • Parking Type: None

Location

  • Area: 19143 (19143)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Driving Directions: Use GPS

School Information

  • School District: Philadelphia City

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Structure Type: Interior Row/Townhouse
  • Construction: Masonry
  • Foundation: Slab
  • Square Feet: 1,862
  • Sq. Ft. Source: Assessor
  • Living Area: 1,862 Sq. Ft.
  • Finished Above Grnd: 1,862 Sq. Ft.
  • Year Built: 1920
  • Year Built Source: Assessor

Unit Information

  • Other Units: Unit 1, Unit 2

Lot Features

  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,237
  • Lot Size Source: Assessor
  • Lot Dimensions: 16.00 x 77.00
  • Zoning: RM1

Financial Considerations

  • Price Per Sq. Ft.: $101.99
  • Assessment Year: 2026
  • School Tax: $1,455
  • City/TownTax: $1,143
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $185,700
  • Tax Amount: $2,599
  • Tax Year: 2025
  • Owner Pays: Water, Snow Removal, Trash Collection
  • Tax Total Finished Sq. Ft.: 1862

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 77

Listed by Common Ground Realtors, Karmen N Fails

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Listing agent

— 709 S 56th St —

  • Karmen N Fails

    Common Ground Realtors

Listing Office Email: lindsay@commongroundrealtors.com

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 709 S 56th St

School District:Philadelphia City School District
NameGradesDistance
Sayre William L Middle School
5800 Walnut Street, Philadelphia, PA 19139
9-120.6 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 709 S 56th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/01/2026
Price Reduced
$189,900
-2.62%
MLS
3/20/2026
Listed
$195,000
200%
MLS
6/19/2015
Sold
$65,000
—
Public Record
Get Price Alerts and Save Property
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 for 709 S 56th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,903
12%
$185,700
—
2025
$2,599
—
$185,700
—
2024
$2,599
167%
$185,700
100%
2021
$974
-66%
-100%
2023
$2,903
198%
$207,400
198%
2020
$974
4%
$69,600
4%
2019
$938
-8%
$67,000
-8%
2018
$1,019
—
$72,800
—
2017
$1,019
70%
$72,800
—
2016
$599
-39%
$72,800
—
2015
$976
—
$72,800
—
2014
$976
26%
$72,800
821%
2013
$772
—
$7,904
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Common Ground Realtors, Karmen N Fails

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709 S 56th Street, Philadelphia, PA 19143 (MLS# PAPH2596626) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 709 S 56th Street is currently listed for $189,900 and was received on March 20, 2026. Want to learn more about 709 S 56th Street? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

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