Welcome to 1317 S. 56th Street — a fully renovated, legal end-unit triplex that’s move-in ready and ideal for investors or house hackers seeking immediate rental income and long-term equity growth. This turn-key property features three updated one-bedroom apartments. The first floor, vacant unit is a stylish one-bedroom apartment with a modern kitchen, cozy living/dining area, updated bathroom, and spacious bedroom. The second floor unit, currently rented for $999/month, is a bright one-bedroom boasts hardwood flooring, recessed lighting, an updated kitchen, and a refreshed bathroom with generous closet space. Unit 3 is a basement level, vacant apartment and ready for a new tenant. This beautifully renovated one-bedroom offers private entry, new flooring, a sleek kitchen, inviting living area, and a modern bath. Each unit has separate heat, hot water, and utilities, keeping expenses simple and predictable. The seller is even including a vetted list of trusted maintenance contacts to make ownership as hands-off as you need it to be. Whether you’re living in one unit and renting the others, or adding to your rental portfolio, this cash-flowing property is the kind of opportunity that doesn’t last long. Schedule your tour today!
Listed by Michelle Phillips
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License #RM425239
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Luxe Real Estate LLC
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2152517519
Last updated September 30, 2025
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Source: BrightMLS #PAPH2481580
Listing Facts
TypeMulti-family
NeighborhoodKingsessing
Days on Prevu104
Taxes$1,667/year
Size1,170 sqft
Price per sqft$265
Location
Mortgage Calculator
Listing History
09/30/2025
Price Decreased
$310,000
07/10/2025
Listed by Luxe Real Estate LLC
$320,000
Property Details for 1317 S 56TH Street
Exterior
Construction
New Construction: No
Number Of Units Total: 3
Year Built: 1925
Architectural Style: Straight Thru
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.03
Lot Size Dimensions: 17
Lot Size Source: Assessor
Lot Size Square Feet: 1,403
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $1,667.00
Tax Year: 2024
Interior
Features
Fireplace: No
Interior Features: Carpet, Ceiling Fan(s)
Measurements
Living Area: 1,170
Living Area Source: Assessor
Rooms
Basement: Fully Finished
Has Basement: Yes
Other
General
Exclusions: Tenant's Personal Belongings
Location
Tax Lot: 222
Parking
Parking
Garage: No
Utilities
Equipment
Heating: Forced Air
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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