Amazing investor opportunity to own this large SIX-UNIT DOUBLE LOT, CORNER PROPERTY in booming Jefferson Square just across from Jefferson Square and Sacks Playground! All units COMPLETELY RENOVATED! Unit count consists of four (4) two bedroom, two full bathroom units and two (2) one bedroom, one bath units. All units are bright and spacious with all new stainless steel appliances, mechanical systems, hardwood flooring, and granite countertops. Washer and Dryer in each unit. Plenty of basement space to carve out private storage units for each tenant. Possible value add opportunity to add elevator as elevator shaft is already in place. Financial cash cow for years to come in a developing neighborhood with expected rent increases in the short term. Additional improvements/upgrades include: fire sprinkler/alarm system, freshly painted common area and steps, upgraded intercom system. Walk-score off the charts, minutes to Passyunk Sq, Italian Market, Queen Village, South Street and drive within minutes to all big box shopping on Delaware Ave including Lowes, Home Depot, Target, grocery, gas and more. Highway access within minutes. Opportunities like this in this location do not come up often.
Listed by Frank L DeFazio
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License #RS299840
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BHHS Fox & Roach-Center City Walnut
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6106364364
Last updated November 10, 2025
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Source: BrightMLS #PAPH2379200
Listing Facts
TypeMulti-family
NeighborhoodDickinson Square West
Days on Prevu509
Taxes$16,947/year
Size6,528 sqft
Price per sqft$306
Location
Mortgage Calculator
Listing History
11/11/2025
Price Increased
$2,000,000
11/06/2025
Price Decreased
$1,500,000
10/13/2025
Price Decreased
$1,900,000
10/03/2024
Price Decreased
$2,000,000
07/23/2024
Listed by BHHS Fox & Roach-Center City Walnut
$2,100,000
Property Details for 1201 S 5TH Street
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Year Built: 1940
Architectural Style: Traditional
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.05
Lot Size Dimensions: 34
Lot Size Source: Assessor
Lot Size Square Feet: 2,316
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 7.17
Taxes
Tax Annual Amount: $16,947.00
Tax Year: 2024
Interior
Features
Fireplace: No
Interior Features: Sprinkler System
Measurements
Living Area: 6,528
Living Area Source: Assessor
Rooms
Basement: Fully Finished
Has Basement: Yes
Other
Location
Tax Lot: 37
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Central A/C
Heating: Forced Air
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1201 S 5TH Street.
What are the annual taxes for 1201 S 5TH Street?
Annual taxes for this multi-family home are estimated at $16,947.
How does 1201 S 5TH Street compare to other multi-family homes in Dickinson Square West?
This multi-family home is listed 155% above the average price for multi-family homes in Dickinson Square West and has been on the market for 443 more days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 6,528 sqft.
1201 S 5TH Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19147. On Prevu for 509 days at $2,000,000. This includes a recent price increase of $500,000. This home features 6,528 square feet of living space, located in Dickinson Square West. The median listing price for multi-family homes in this area is $499,900. Explore more multi-family home listings in Philadelphia.
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