SELLER IS MOTIVATED! This is a great opportunity for a mixed-use investment property with many possibilities! It has great potential for a daycare, a beauty salon/barber shop, a spa or nail salon, a restaurant or a bed & breakfast, a studio, a music lounge, a retail store, an event space, or an office space. It was formerly used as an event space for baby showers, birthday & anniversary parties & pop-up shops. This property has 3 levels and each unit has its unique features. The main entrance features a reception area, 2 pickup windows, a multi-purpose space plus 2 half baths. The first level also has side entry access that leads directly to the second level for more multi-purpose space with 2 half baths, a food serving bar & a pick-up window from a fully equipped kitchen that features a range oven with grill, 2 deep fryers, and more. On the partially finished 3rd level loft/ multi-purpose space, there is a full bath with a stall shower & shower seat bench and the office space/sitting area is waiting for your final design touches. A new roof was installed in 2020, basement is a great area for storage. This property is in a great location, within walking distance of the beautifully kept Carroll Park where the neighbors take pride in making it a place to relax, have fun & enjoy & are part of Philadelphia’s #loveyourpark initiative! Also located just minutes away from I-76, Center City, University City, Fairmount Park, Boathouse Row, the Art Museum & Philadelphia Zoo. So don’t miss out, schedule your appointment today!
Sold for $235,000 on 08/11/25
$235,000
5840 Master St, Philadelphia, PA 19131
3beds
--baths
3,102sqft
Triplex
Built in 1920
-- sqft lot
$235,000 Zestimate®
$76/sqft
$1,997 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 12, 2025 at 02:24am
Listed by:
Patricia Gadson 267-463-3364,
EXP Realty, LLC
Bought with:
Ross Green, 2327084
Weichert Realtors
Source: Bright MLS,MLS#: PAPH2424630

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Range, Gas Water Heater
Features
- Bar, Bathroom - Stall Shower, Bathroom - Walk-In Shower, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Open Floorplan, Recessed Lighting
- Flooring: Ceramic Tile, Hardwood
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,102
- Total interior livable area: 3,102 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Pool features: None
Lot
- Size: 1,458 sqft
- Dimensions: 20.00 x 75.00
- Features: Corner Lot, Rear Yard, Corner Lot/Unit
Details
- Additional structures: Above Grade
- Parcel number: 871056400
- Zoning: CMX1
- Zoning description: ROW MIXED-COM/RES-BLT AS RES
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Triplex
Materials
- Masonry
Condition
- Average
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Philadelphia
- Subdivision: Carroll Park
- Municipality: PHILADELPHIA
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Private Financing Available
- Ownership: Fee Simple
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$235,000
2% more+ $4,700
With Zillow Showcase(estimated)
$239,700