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178 W MASTER STREETPHILADELPHIA, PA 19122

Multi-Family · 1,836 Sq. ft. | 0.04 Acres
$449,000 ACTIVE

178 W MASTER STREET Overview

Time on Site:
111 days
Visits:
4

Step into this gem that perfectly blends income potential and lifestyle. The first floor features a commercial space, while the second floor offers a bright two-bedroom bi-level apartment—ideal for a live/work setup or for an investor looking to convert it into a two-unit building. Situated in fast-growing Old Kensington, just a short stroll from the vibrant scenes of Northern Liberties and Fishtown. This location offers quick access to cafes, shops, and nightlife. Zoned RSA-5, a variance will be required for multi-family use.Great opportunity! Seller financing available with only 15% down. Ideal for buyers seeking alternative financing options.

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178 W MASTER STREET Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,836
  • Price/Sq.ft. $245
  • Lot 0.04 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 1836
  • Year Built: 1915

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19122 (19122)

Parking Information

  • Type of Parking: On Street

Tax Information

  • City/Town Tax: 1420.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax Payment Frequency: Annually
  • School Tax: 1808.00
  • School Tax Payment Frequency: Annually
  • Tax Annual Amount: $3,229.00
  • Tax Assessed Value: 230700.00
  • Tax Year: 2025

General Information

  • Inclusions: 2nd floor: washer, dryer, refrigerator.
  • Property Sub Type: Other
  • Property Type: Multi-Family
  • School District Name: PHILADELPHIA CITY
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Zoning: RSA5

Unit Information

  • Other Units: Unit 1,Unit 2

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Electric

Parking Information

  • Garage: No

Building Exterior/Construction

  • Structure Type: Interior Row/Townhouse

Building Interior

  • Above Grade Finished Area: 1836
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: No
  • Hot Water: Electric

General Information

  • Accessibility Features: 2+ Access Exits
  • Cooling: Ductless/Mini-Split
  • Electric: 100 Amp Service, Circuit Breakers
  • Fireplace: No
  • Foundation Details: Stone
  • Living Area: 1836
  • Living Area Source: Assessor
  • Security Features: Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector

Unit Information

  • One Bedroom Units Count: 0
  • Single Room Units Count: 0
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 1

Exterior

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 18.00 x 90.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1620.00
  • Lot Size Units: Square Feet
  • Road Responsibility: Boro/Township
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Other
  • Construction Materials: Brick, Stucco, Other
  • Roof: Flat

General Information

  • Number Of Units Total: 2
  • Number Of Units Vacant: 2
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Utilities: Water Available,Sewer Available,Electric Available
  • Water Access: No

Unit Information

Unit 2 Details

  • Unit Type: Unit 1
  • Beds Total: 0
  • Description: open space, mini splits

Unit 1 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Description: bi-level, split units

178 W MASTER STREET Neighborhood

Community

19122 (PHILADELPHIA) Demographics

28
Median Age
16,599
Population Density (per sq. mile)
36%
College Educated
$44,758
Estimated Median Income
2,844
Estimated Total Home Owners
3,955
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

178 W MASTER STREET Monthly Cost

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$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

178 W MASTER STREET Market Data

Based on the last 30 days in this zip code

$445,656
Average List Price
$257
Average Price per Square Foot
19
Properties Sold
100
Average Days on Market
134
Properties for Sale
Calculations provided by Reliance Network

178 W MASTER STREET History

Date Event Value Agent
4/16/2026Source: BRIGHT MLS Price Reduction
$449,000 -5.5%
4/16/2026Source: BRIGHT MLS Price Reduction
$449,000 -5.5%
3/10/2026Source: BRIGHT MLS Added to Database
March 10, 2026
3/10/2026Source: BRIGHT MLS Added to Database
March 10, 2026
Listing provided courtesy of Elfant Wissahickon-Chestnut Hill- MLS# PAPH2592138MLS ProviderContact Information: 2152473600