Back 1247 South 53rd Street
Off Market

1247 South 53rd Street

Philadelphia PA 19143

5
2900 sq. ft.
1941 sq. ft.
Duplex
Last sold for $520,000
Eric FeinbergEric Feinberg, last sold this property on 02 July 2026 after 618 days on market.

Overview

COMPLETELY RENOVATED in 2019, 1247 S 53rd St is a 3 Residential Unit, TRIPLEX investment opportunity generating significant cash flow complete with Tax Abatement through 12/31/30. Inquire for Marketing Packet!! ALSO — this property presents an INCREDIBLE opportunity for an owner-occupant looking to live in a beautifully renovated unit while offsetting expenses with substantial rental income from the additional apartments. The flexible layout and ideal unit mix make this a rare opportunity for both investors and savvy buyers looking to build long-term wealth through real estate ownership. The property is located in one of the MOST DESIRABLE sections of the city, the Kingsessing neighborhood! This location is FANTASTIC. The property is surrounded by numerous amazing universities (University of Penn and Drexel University) and major hospitals (CHOP and Penn Hospital). It is also located within a short walk to great public transportation including Trolley Lines 13 and 34, and you are just steps from THE BEST Commercial Corridor in the city, Baltimore Avenue. This will be an incredible investment opportunity for years to come. The property is complete with an ideal unit mix. Unit 1 is a bi-level unit with 2 Bedrooms and 2 Full Bathrooms and additional den/office spaces, Unit 2 is 2 Bedrooms and 1 Full Bathroom, and Unit 3 is 1 Bedroom and 1 Bathroom. The price, size, and condition of the property attract very good tenants of all different types. There are so many options with this property! This is a perfect purchase for an investor seeking great cash flow and long-term upside, or an owner-occupant wanting to significantly reduce their monthly housing expenses while owning a fully renovated, tax-abated building in a prime Philadelphia location. Contact us so we can walk you through the numbers! Do not wait long, this WILL NOT LAST!!

Features

5 bedrooms
2900 sq. ft. floor area
1941 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar 5 bedroom duplexes sold in Philadelphia over the last 12 months, the estimated median property value of 1247 South 53rd Street is $289k.

Median value
$289k
Estimated value range
$130k - $520k
Median days on market
34
Estimated value trend
-45%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Philadelphia. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1247 South 53rd Street

2026
Sold
$520,000
02 Jul 2026 by Eric Feinberg, of Keller Williams Realty Group
2022
Sold
$489,700
30 Nov 2022 by Eric Feinberg, of Keller Williams Realty Group

Happy sellers in Philadelphia

94%
94% of sellers in Philadelphia reported that their sale price either exceeded or met their price expectations.

Philadelphia stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Philadelphia over the last 12 months.

Local market activity for 5 bedroom duplexes in Philadelphia

In the last 12 months, 6 five-bedroom duplexes similar to 1247 South 53rd Street, have been sold.

This represents a 54% increase in five-bedroom duplexes sales when compared to the previous 12 months.

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