5000 Florence Avenue

Philadelphia PA 19143

2550 sq. ft.

2283 sq. ft.

Duplex

Last sold for $539,000

Brannon John, last sold this property on 24 September 2026 after 363 days on market.

Overview

TriPlex. Seller Assist Available with approved offer. As a 1st time homeowner looking to house hack or a seasoned investor 5000 Florence Ave is ideal. Complete with a two-car garage that is perfectly suited for a future roof deck addition. With RM-1 zoning, the property allows for expansion of up to five units by right, offering a rare and valuable opportunity for both developers and investors. Currently the 3 units are rented under market value two -2bed/1bath and one 1bed/1bath bringing in $48,000 annually. The home features a walk-out basement with shared laundry facilities and side yard garden, fire pit, and seating—ideal for entertaining on cozy fall nights. The building was owner occupied for more than 15 years always with a history of strong rental performance. Current rents remain under market, creating immediate upside for increased returns. Offered in As-Is condition, the property provides a blank canvas for repositioning, expansion, and long-term growth. Easy walking distance to UPenn and Drexel Universities as well as the Baltimore Avenue favorites like Carbon Copy, Mariposa C0-Op Grocery and Clark Park. Whether your goal is to elevate rental income or expand the building to maximize its potential, this triplex presents a rare chance to secure an asset in a highly desirable location. Don’t miss the opportunity to transform this property into a premier investment with exceptional promise.

Features

5 bedrooms

2 carspaces

2 garage spaces

2550 sq. ft. floor area

2283 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 5000 Florence Avenue is $401.5k.

Median value

$401.5k

Estimated value range

$260k - $539k

Median days on market

Estimated value trend

-1%

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 5000 Florence Avenue

2026

Sold

$539,000

24 Sep 2026 by Brannon John, of KW Empower

Happy sellers in Philadelphia

We have insufficient information to provide an overview of customer satisfaction for Philadelphia. Viewing the agent profiles, reviews and sales for Philadelphia can provide insights for this location.