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5538 Master StreetPhiladelphia, PA 19131

For Sale

$234,900

Smart Buyer Rebate - Ask

Welcome to 5538 Master Street - an exceptional fully renovated duplex in the heart of West Philadelphia. This duplex is situated in a high rental demand area just two blocks from Lancaster Avenue and one block in between Girard Avenue and Lansdowne Avenue, offering excellent access to public transportation, shopping, and neighborhood amenities.

This low maintenance property features a modern 2-bedroom, 1-bath unit on the upper level with potential for market rent between $1,250-$1,350 and a 1-bedroom, 1-bath unit on the first floor with potential market rent between $1,000-$1,100. This makes it an excellent opportunity for a house hacker, owner-occupant, or savvy investor. Both units have recently been refreshed and both vacant, ready to move in. Both units offers flexibility for owner occupancy or additional cash flow.

Fully renovated down to the studs in 2021 this duplex was redone with modern mechanicals/systems, updated finishes, and a thoughtful layout throughout. This turn-key duplex combines comfort, convenience, and income potential in a prime location. Whether you're a seasoned investor looking to add to your portfolio or a first time home buyer looking to enter the market, this is a fantastic opportunity to own a renovated multi-family property in a thriving area of the city. All offers are welcome!

Listed by Devin M Glover

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License #RS344351

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HomeSmart Realty Advisors

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9083703635

Last updated April 22, 2026

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Source: BrightMLS #PAPH2605406

Listing Facts

  • TypeMulti-family
  • NeighborhoodCarroll Park
  • Days on Prevu23
  • Taxes$3,845/year
  • Size1,622 sqft
  • Price per sqft$145

Location

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Listing History

04/22/2026
Price Decreased
$234,900
04/08/2026
Listed by HomeSmart Realty Advisors
$249,900

Property Details for 5538 Master Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 2
  • Property Condition: Very Good
  • Roof: Rubber
  • 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: 15
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,215
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $3,845.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Stainless Steel Appliances, Stove, Refrigerator, Range Hood, Oven/Range - Electric, Oven - Self Cleaning
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Features: 2nd Kitchen, Bathroom - Tub Shower
  • Spa: No

Measurements

  • Living Area: 1,622
  • Living Area Source: Assessor

Rooms

  • Basement: Full, Unfinished
  • Has Basement: Yes
  • Rooms Total: 3

Other

Features

  • Accessibility Features: 32"+ Wide Doors

Location

  • Tax Lot: 63

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 5538 Master Street.

What are the annual taxes for 5538 Master Street?

Annual taxes for this multi-family home are estimated at $3,845.

How does 5538 Master Street compare to other multi-family homes in Carroll Park?

This multi-family home is listed 11% below the average price for multi-family homes in Carroll Park and has been on the market for 84 less 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 1,622 sqft.

5538 Master Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19131. Available on Prevu for 23 days at $234,900. This includes a recent price decrease of $15,000. This home features 1,622 square feet of living space, located in Carroll Park. The median listing price for multi-family homes in this area is $177,500. Browse more 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.