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Sold for $235,000
  • $235,000

    5840 Master St, Philadelphia, PA 19131

    3beds
    --baths
    3,102sqft
    Triplex
    Built in 1920
    -- sqft lot
    $237,600 Zestimate®
    $76/sqft
    $1,620 Estimated rent

    Home value

    $237,600

    $219,000 - $259,000

    $1,620/mo

    Zestimate® history
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    What's special

    SELLER IS MOTIVATED! This is a great opportunity for a mixed-use investment property with many possibilities! It has great potential for a daycare, a beauty salon/barber shop, a spa or nail salon, a restaurant or a bed & breakfast, a studio, a music lounge, a retail store, an event space, or an office space. It was formerly used as an event space for baby showers, birthday & anniversary parties & pop-up shops. This property has 3 levels and each unit has its unique features. The main entrance features a reception area, 2 pickup windows, a multi-purpose space plus 2 half baths. The first level also has side entry access that leads directly to the second level for more multi-purpose space with 2 half baths, a food serving bar & a pick-up window from a fully equipped kitchen that features a range oven with grill, 2 deep fryers, and more. On the partially finished 3rd level loft/ multi-purpose space, there is a full bath with a stall shower & shower seat bench and the office space/sitting area is waiting for your final design touches. A new roof was installed in 2020, basement is a great area for storage. This property is in a great location, within walking distance of the beautifully kept Carroll Park where the neighbors take pride in making it a place to relax, have fun & enjoy & are part of Philadelphia’s #loveyourpark initiative! Also located just minutes away from I-76, Center City, University City, Fairmount Park, Boathouse Row, the Art Museum & Philadelphia Zoo. So don’t miss out, schedule your appointment today!

    Zillow last checked: 7 hours ago

    Listing updated: August 12, 2025 at 02:24am

    Listed by:

    Patricia Gadson 267-463-3364,

    EXP Realty, LLC

    Bought with:

    Ross Green, 2327084

    Weichert Realtors

    Source: Bright MLS,MLS#: PAPH2424630MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Range, Gas Water Heater
    Features
    • Bar, Bathroom - Stall Shower, Bathroom - Walk-In Shower, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Open Floorplan, Recessed Lighting
    • Flooring: Ceramic Tile, Hardwood
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,102
    • Total interior livable area: 3,102 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: 2+ Access Exits
    Features
    • Pool features: None
    Lot
    • Size: 1,458 sqft
    • Dimensions: 20.00 x 75.00
    • Features: Corner Lot, Rear Yard, Corner Lot/Unit
    Details
    • Additional structures: Above Grade
    • Parcel number: 871056400
    • Zoning: CMX1
    • Zoning description: ROW MIXED-COM/RES-BLT AS RES
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Triplex
    Materials
    • Masonry
    Condition
    • Average
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Subdivision: Carroll Park
    • Municipality: PHILADELPHIA

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,Private Financing Available
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/11/2025Sold$235,000-7.8%$76/sqft
    Source: Bright MLS #PAPH2424630 Report a problem
    7/9/2025Contingent$255,000$82/sqft
    Source: Bright MLS #PAPH2424630 Report a problem
    6/17/2025Price change$255,000-1.9%$82/sqft
    Source: Bright MLS #PAPH2424630 Report a problem
    6/6/2025Price change$260,000-3.7%$84/sqft
    Source: Bright MLS #PAPH2424630 Report a problem
    4/24/2025Price change$270,000-1.8%$87/sqft
    Source: Bright MLS #PAPH2424630 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,268 -5%$162,000 -5%
    2024$2,388 $170,600
    2023$2,388 +8.7%$170,600

    Find assessor info on the county website

    Neighborhood: Carroll Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: The School District Of Philadelphia

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $237,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $237,600