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Back 550 E Washington Ln
Off Market

550 E Washington Ln

Philadelphia PA 19144

5
4
2000 sq. ft.
3076 sq. ft.
Duplex
Last sold for $392,000
Darcy ScollinDarcy Scollin, last sold this property on 30 September 2026 after 93 days on market.

Overview

Welcome to the safest, most turnkey multi-family opportunity on the market in Germantown! This fully licensed, pristine duplex was stripped to the studs and underwent a 100% permitted, fully inspected, and certified building code renovation. Whether you are an investor looking for a low-maintenance, high-yield asset or a buyer looking to "house hack" and live for next to nothing while a tenant pays your mortgage, this property delivers ultimate peace of mind. The building is structurally and mechanically optimized, featuring independent sub-panels and separate metering for electric, independent high-efficiency HVAC furnaces and central A/C for each unit, 100% new plumbing, newer roofing, and modern insulated windows. Built to strict commercial multi-family standards, the property boasts hardwired smoke/fire alarms throughout, required commercial-grade fire-rated doors, and code-compliant unit fire separations, alongside full interior Lead-Safe Certifications. Unit 1 (First Floor): A spacious 2-bedroom, 1-bathroom apartment featuring durable bamboo flooring throughout, a modern kitchen with custom counters and tile backsplash, and a beautifully tiled bathroom with porcelain walls extending to the ceiling. Historic rent: $1,360/month. Unit 2 (Second & Third Floors): A sprawling 3-bedroom, 2-full-bathroom bi-level unit boasting restored oak flooring on the main level and sleek bamboo upstairs, matching custom tile finishes in the kitchen, and porcelain-tiled baths. Historic rent: $1,740/month. Both apartments feature fully equipped kitchens and dedicated in-unit laundry utility spaces. The Owner’s Bonus: The owner retains exclusive possession of a massive 750 SF basement workshop and a full-sized garage workshop, both heavily upgraded with dedicated 20-amp circuits throughout—ideal for hobbyists, contractors, artisan creators, or passive storage monetization (can easily be modified back for standard parking). Outside, the exterior features an attached garage, a private driveway, and dedicated off-street tenant parking out front. The low-maintenance concrete rear yard eliminates landscaping upkeep. Unbeatable location steps from local schools, regional rail trains, buses, and daily shopping conveniences. Clean, certified, and completely move-in ready—schedule your showing today!

Features

5 bedrooms
4 carspaces
1 garage space
2000 sq. ft. floor area
3076 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 550 E Washington Ln is $245k.

Median value
$245k
Estimated value range
$155k - $465k
Median days on market
99
Estimated value trend
-30%
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 550 E Washington Ln

2026
Sold
$392,000
30 Sep 2026 by Darcy Scollin, of OCF Realty LLC

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.

Local market activity for 5 bedroom duplexes in Philadelphia

In the last 12 months, 10 five-bedroom duplexes similar to 550 E Washington Ln, have been sold.

This represents a 53% increase in five-bedroom duplexes sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Philadelphia

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Karrie Gavin

Karrie Gavin is a recommended agent for Philadelphia.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (103 reviews)
  •  2 Reviews in Philadelphia
  •  3 Sales in Philadelphia
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Martin Rodriguez

Martin Rodriguez is an award winning recommended agent for Philadelphia.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (42 reviews)
  •  2 Reviews in Philadelphia
  •  1 Sale in Philadelphia
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Jibri Bond

Jibri Bond is an award winning recommended agent for Philadelphia.  They have 4 local sales and collected 1 local review across the last 12 months.

  •   5   (33 reviews)
  •  1 Review in Philadelphia
  •  4 Sales in Philadelphia
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Joanne Colino

Joanne Colino is a recommended agent for Philadelphia.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (18 reviews)
  •  1 Review in Philadelphia
  •  3 Sales in Philadelphia
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