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2656 S Shields StreetPhiladelphia, PA 19142

For Sale

$219,900

Smart Buyer Rebate - Ask

Price Improvement! Move in- ready vacant legally zoned duplex offering an excellent investment or owner-occupant opportunity. Both units are fully updated with upgraded kitchens, baths, flooring and stainless steel appliances. Featuring a 1-bed, 1-bath unit on the first floor which includes a sizable basement with projected rents $900/month. Second floor gets great natural light and consists of 2-bed, 1 bath with projected rents $1100/month. Monthly Income up to $2000/month. Annual Gross Income up to $24,000. With 20% down and estimated all in payments between $1400-1450 this property stands out as a true house hack and a strong entry-level investment with immediate cash flow potential. This property is ideal for: Buy-and-hold investors seeking steady cash flow with upside or Owner-occupants looking to live in one unit while renting the other. Conveniently located in a high-demand area in close proximity to major highways I-95 and I-76 and public transit. For owner occupants, the rental income from one unit can significantly offset your mortgage or living expenses. Live in one unit and rent the other or rent both and start collecting returns to maximize potential.

Listed by Francis Nguyen

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License #RS352433

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KW Empower

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2679843361

Last updated January 28, 2026

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Source: BrightMLS #PAPH2538942

Listing Facts

  • TypeMulti-family
  • NeighborhoodElmwood
  • Days on Prevu128
  • Taxes$2,137/year
  • Size960 sqft
  • Price per sqft$229

Location

Mortgage Calculator

Listing History

01/28/2026
Price Decreased
$219,900
12/30/2025
Status changed to Active
$225,000
12/30/2025
Price Increased
$225,000
11/18/2025
Status changed to Removed from Feed
$209,000
10/31/2025
Status changed to In Contract
$209,000
10/23/2025
Price Decreased
$209,000
09/25/2025
Listed by KW Empower
$214,900

Property Details for 2656 S Shields Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 2
  • Year Built: 1925
  • Architectural Style: Straight Thru
  • Construction Materials: Masonry, Brick

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.03
  • Lot Size Dimensions: 16
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,472
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $2,137.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Stainless Steel Appliances
  • Fireplace: No
  • Spa: No

Measurements

  • Living Area: 960
  • Living Area Source: Assessor

Rooms

  • Basement: Partial
  • Has Basement: Yes
  • Rooms Total: 3

Other

Location

  • Subdivision Name: ELMWOOD PARK
  • Tax Lot: 102

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Baseboard - Electric, Other
  • 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 2656 S Shields Street.

What are the annual taxes for 2656 S Shields Street?

Annual taxes for this multi-family home are estimated at $2,137.

How does 2656 S Shields Street compare to other multi-family homes in Elmwood?

This multi-family home is listed 10% below the average price for multi-family homes in Elmwood and has been on the market for 50 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 960 sqft.

2656 S Shields Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19142. On Prevu for 128 days at $219,900. This includes a recent price decrease of $5,100. This residence features 960 square feet of living space, located in Elmwood. The median listing price for multi-family homes in this area is $175,000. View other multi-family home listings in Philadelphia.

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.