Amazing investment opportunity. This modern, fully occupied 3-unit multi-family property was built in 2019 and is situated in the highly sought-after Olde Kensington neighborhood of Philadelphia, just a short walk from Temple University, Fishtown and Northern Liberties, ensuring consistent demand. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases. The property includes a tax abatement and is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes one, two and three-bedroom layouts all with private outdoor space including a rear yard, rear deck or roof deck. The units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, and much more. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. Eight property portfolio, can be purchased individually or as a full / partial portfolio (4008, 4010, 4032 & 4011 Baring Street, 416-18 N. Wiota Street, 508 Budd Street, 1537 Swain Street and 1802 N. 5th Street).
Listed by Steven Onesti
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License #RS372317
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KW Empower
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2157837779
Last updated October 27, 2025
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Source: BrightMLS #PAPH2460944
Listing Facts
TypeMulti-family
NeighborhoodWest Kensington
Days on Prevu240
Taxes$2,582/year
Size3,051 sqft
Price per sqft$259
Location
Mortgage Calculator
Listing History
10/27/2025
Price Decreased
$789,000
06/26/2025
Price Decreased
$799,000
03/24/2025
Listed by KW Empower
$815,000
Property Details for 1802 N 5TH Street
Exterior
Construction
New Construction: No
Number Of Units Total: 3
Year Built: 2019
Architectural Style: Straight Thru
Construction Materials: Mixed
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.03
Lot Size Dimensions: 21
Lot Size Source: Assessor
Lot Size Square Feet: 1,287
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $2,582.00
Tax Year: 2024
Interior
Features
Fireplace: No
Measurements
Living Area: 3,051
Living Area Source: Assessor
Rooms
Basement: Fully Finished
Has Basement: Yes
Other
Location
Subdivision Name: OLDE KENSINGTON
Tax Lot: 124
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Central A/C
Heating: Central, Forced Air
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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