Coming Soon

5642 Matthews St, Philadelphia, PA, 19138

$270,000

Home List Price

$3,206*

Closing Credit

0 Baths
1,216 SqFt
$222/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

5642 Matthews St, Philadelphia$270,000

Buyer Closing Credits

$3,206*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingOff Street
Year Built1900
HeatingCentral
CoolingCentral Air
MLS #PAPH2429548
Lot Size0.02 Acres
Active DateJanuary 02, 2025
StatusComing Soon
(COMING SOON)

About 5642 Matthews St

ATTENTION INVESTORS AND HOUSEHACKERS! Welcome to an exceptional fully renovated investment opportunity in the heart of the East Germantown section of Philadelphia! This beautifully LEGAL duplex features newly installed HVAC systems, stainless steel appliances, washers/dryers, along with an open-concept kitchen in each unit. Unit 1 includes 2 cozy bedrooms and 1 full bath. This has access to a large, spacious basement and a private backyard for entertainment. Unit 2 offers another 2 bedrooms, 1 full bathroom, and a spacious kitchen that opens into the common area, perfect for entertaining. Each unit is separately metered for electricity (no gas), and the projected rental income ranges from $3,100 to $3,400. With ongoing construction nearby and its convenient proximity to Broad Street, Roosevelt Boulevard, and I-76. Located minutes from LaSalle University, parks, grocery stores, various shopping plazas, restaurants and more! Act quickly to seize this opportunity before it's gone! Owner is a licensed real estate agent.

Property Details

Property Features

Property Information:

  • Architectural Style: Straight Thru
  • Year Built: 1900
  • Living Area: 1,216 SqFt

Listing Office:

  • Office Name: Prosperity Real Estate & Investment Services
  • Office Phone: (866) 327-7673
  • Listing Agent: Hanlan Huang

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $270,000
  • Price Per SqFt: $222/SqFt

Tax Information:

  • Annual Amount: $57
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Map thumbnail provided by MapBox

Philadelphia, PA

City

Med. Sold Price

$265.3K

Med. Price/SqFt

$200

Avg. Days On Market

45

# of Sold Homes

946

5642 Matthews St vs Philadelphia

$270,000

+$4.6K More

$222/SqFt

+$21 More

KEY TAKEAWAY

This property is $4.6K more than the Median Sold Price and $21/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2429548

Listing Office:

  • Office Name: Prosperity Real Estate & Investment Services
  • Office Phone: (866) 327-7673
  • Listing Agent: Hanlan Huang

IDX Information Deemed Reliable But Not Guaranteed. 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/28/2024, 4:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$57 -
2019$718$51,300
2018$848$60,600
2017$848$60,600

History based on county public records data.

Payment Calculator

$1,415

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$876

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1930474
4
/10

  • Prince Hall Elementary School

  • 6101 N Gratz St

  • 0.56 miles

  • Public District Grades KG-5

school-card-donut-1930475
2
/10

  • Joseph Pennell Elementary School

  • 1800 Nedro Ave

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-1930476
2
/10

  • William Rowen Elementary School

  • 6841 N 19th St

  • 0.94 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,196. Residents of Philadelphia, PA typically earn less than $35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19138›5642 Matthews St

This home is located at 5642 Matthews St in Philadelphia, PA and zip code 19138 in the Germantown / Chestnut Hill neighborhood. This 1,216 square foot home, which was built in 1900, sits on a 0.02 acre lot. It has been listed on Rocket Homes since December 27, 2024 and is currently priced at $270,000.

While more than 219 listings in Philadelphia, PA in November 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 523 were sold below. The inventory of homes for sale in Philadelphia, PA between October 2024 and November 2024 increased by 1.8%. Listings spent 45 days on the market in November 2024, and had a median list price of $265,372 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources