$199,900
3 bd|1 ba|1,000 sqft
2316 S Franklin, Philadelphia, PA 19148
Listed by Canaan Realty Services INC
For Sale
Listing description
Welcome to 5514 Race Street, a beautifully newly rehabbed property offering modern updates, comfortable living, and an exceptionally convenient Philadelphia location. Thoughtfully renovated from top to bottom, this home combines contemporary finishes with the character and accessibility of a well-established neighborhood. The updated interior provides a fresh, move-in-ready feel, making it an excellent opportunity for homeowners, students, professionals, or investors. Step inside through the enclosed porch foyer, a perfect spot to store coats or kick off your shoes before heading into the main part of the home. The first floor boasts an open floor plan filled with natural light, creating a bright and airy space ideal for everyday living and entertaining. The kitchen is a true highlight, featuring stainless steel appliances and elegant granite countertops—ready for the home chef in you. Step outside to enjoy a sizable fenced-in backyard, offering plenty of room for outdoor activities, gardening, or simply relaxing in your own private space. Upstairs, you'll find two comfortable bedrooms and a full hall bathroom, providing a peaceful retreat at the end of the day. The partially finished basement adds even more value, complete with a laundry area and a convenient half bathroom. This flexible space is ready to be transformed into an additional living area, a home office, media room, or whatever fits your lifestyle. Location is a standout feature. Enjoy easy access to public transportation, with the Market Frankford Line nearby for a convenient commute throughout the city and beyond. The property is also ideally situated within close reach to University City, making it a particularly attractive option for students, faculty, staff, and university professionals. When you're ready to enjoy everything the city has to offer, Center City Philadelphia is just a short trip away, putting world-class dining, shopping, entertainment, employment centers, and cultural attractions within easy reach. Don't miss the opportunity to make this wonderful house your home!
Rooms by level
How the bedrooms and baths are distributed across the floors, as reported by the listing agent.
- Lower level1 half bath
- Upper level2 bedrooms · 1 full bath
Facts & features
Interior
- Bedrooms
- 2
- Bathrooms
- 1 full · 1 half
- Living area
- 950 sq ft
- Heating
- Central, Forced Air
- Cooling
- Central A/C
Property & construction
- Property type
- Residential · Interior Row/Townhouse
- Architectural style
- Contemporary
- Year built
- 1925
Lot & parking
- Lot size
- 0.02 acres (1,040 sq ft)
Financial
- Price / sq ft
- $199
- HOA dues
- None
Listing details
- MLS #
- PAPH2665552
- County
- Philadelphia County
- School district
- Philadelphia City
- Days on NookLocal
- 1 day
Interior features
- Basement
- Full
- Levels
- 2
- Accessibility
- None
Exterior & construction
- Construction
- Masonry
- Foundation
- Permanent
Systems & utilities
- Heating fuel
- Electric
- Cooling fuel
- Electric
- Hot water
- Electric
- Water source
- Public
- Sewer
- Public Sewer
Parking
- Parking
- On Street
Community
- Subdivision
- HADDINGTON
Lot & zoning
- Zoning
- RSA5
- Cross street
- N 55th Street
Included in the sale
- Inclusions
- Refrigerator, Washer, Dryer
- Possession
- Negotiable
Price history
| Date | Event | Price |
|---|---|---|
| Sep 11, 2026 | Listed for sale | $189,000 |
Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.
The NookLocal estimate
Estimated value
$183,000
Automated estimate, not an appraisal. Sale records through July 2026.
About this estimate
Based on 10 comparable sales nearby, the Philadelphia County assessment ratio, weighted toward the current asking price.
- Last sold
- July 2020 for $125,000
- County deed record in 2020 dollars; not comparable to today's value.
- Current list price
- $189,000
- County assessment implies
- $254,929
Comparable Sales
| Address | Closed | Sale price | Bd/Ba | Sqft | Adjusted value |
|---|---|---|---|---|---|
| 218 N GROSS ST, PHILADELPHIA, PA 19139 | September 2026 | $100,000 | 3/1 | 936 | $119,101 |
| 221 N HOBART ST, PHILADELPHIA, PA 19139 | August 2026 | $184,900 | 3/1 | 1,000 | $210,275 |
| 313 N REDFIELD ST, PHILADELPHIA, PA 19139 | August 2026 | $110,000 | 3/1 | 884 | $138,480 |
| 5125 DELANCEY ST, PHILADELPHIA, PA 19143 | September 2026 | $82,500 | 3/1 | 960 | $87,163 |
| 3009 W CABOT ST, PHILADELPHIA, PA 19121 | August 2026 | $329,000 | 2/1 | 1,000 | $273,636 |
| 101 TREE ST, PHILADELPHIA, PA 19148 | August 2026 | $185,000 | 2/1 | 960 | $137,009 |
Sale history
| Date | Event | Price |
|---|---|---|
| July 2020 | Sold | $125,000 |
| April 2019 | Sold | $33,500 |
From closed MLS and county deed records. Earlier transactions may exist.
Estimated taxes
Recorded property taxes: $3,366 (2026 bill as recorded in the MLS).
Estimated monthly payment calculator
$37,800 (20%)
6.43%
Loan term
Estimated monthly payment
$1,284/mo
- Principal & interest
- $949
- Property taxes
- $281
- Home insurance (est.)
- $55
Taxes use the amount recorded on the MLS. The default rate is the average 30-year rate as of July 2026; insurance is estimated at 0.35% of the price per year. Below 20% down, lenders usually add mortgage insurance, which this estimate doesn't include. Estimate only; verify before relying on it.
Area statistics
School district
Philadelphia City
2025 PA state assessments (PSSA / Keystone) and graduation data. The index measures student outcomes, not school effectiveness, and is not adjusted for demographics. Districts serve all residents; verify enrollment boundaries with the district.
Safety data
Philadelphia County crime & safety numbers →
County figures from FBI and Pennsylvania source data.
Property taxes
Philadelphia County taxes, explained →
Millage, the Common Level Ratio, and what changes after you buy.
Map location
Open in Google Maps© BRIGHT, All Rights Reserved
Information Deemed Reliable But Not Guaranteed
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.
IDX listings are displayed pursuant to broker of record United Real Estate Strive 212, Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: September 11, 2026 at 8:39 PM EDT
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