UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 6,400 sqft
Price per Sqft $121
Subdivision University City
MLS Listing ID PAPH2622868
Style Other
Abv Grd Liv Area 6,400
Year Built 2010
Available Date 2026-07-24
Annual Tax Amount $14,277
Tax Year 2025
Lot Size 2,616 Sqft
Acres 0.06
Lot Dimensions 24.00 x 109.00
Property Sub-Type Detached
Source BRIGHT
Property Description
5038 Spruce Street is a 4-unit(2 - 3 bed & 2- 2 bed) brick building in the heart of University City — one of Philadelphia's strongest and most consistent rental markets. Built in 2010 and well maintained, the building totals approximately 8,000 square feet across four spacious units, each with roughly 1,500 square feet of finished living space. Every unit features central A/C, in-unit washer/dryer, updated kitchen and baths, recessed lighting, and rear outdoor space — the kind of finishes that keep quality tenants in place and vacancy low.
The location is straightforward for any investor who knows Philadelphia. You're sitting at the intersection of Garden Court and Walnut Hill, two of University City's most in-demand pockets, with a 93 Walk Score. SEPTA bus and rail options connect tenants directly to Penn, Drexel, HUP, 30th Street Station, and Center City — which is exactly why this corridor stays rented. Proximity to major universities and hospital systems means a deep, reliable tenant pool that doesn't dry up.
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning RSA3
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Forced Air, Zoned
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Lot Description Rear Yard
Foundation Concrete Perimeter
Above Ground Finished SqFt 6400
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 602108800
Ownership Fee Simple
SqFt Source 6400
Special Listing Condition Standard
Nearby School & Business
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