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Great investment opportunity or perfect for an owner-occupant looking to live in one unit and rent the other! This duplex located at 1533 W Passyunk Ave, directly across from the site of the historic Melrose Diner, offers solid bones and strong potential. Both units are clean and livable with separate utilities, including two boilers and two hot water tanks. The first-floor unit features hardwood floors throughout the living areas. The second-floor unit offers a flexible layout with three separate rooms that can be used as a three-bedroom or two-bedroom with living room, plus central air conditioning. The property includes a spacious basement with good ceiling height, offering great potential to be finished or used for additional storage. The rear yard is accessible from both units and is attached to a private alleyway, providing convenient access and added functionality. The second floor also has two separate entrances, including access to a common area ideal for bike storage or possible washer and dryer setup. Kitchens and bathrooms could benefit from updates, providing an excellent value-add opportunity to increase rental income or build equity over time. Conveniently located on West Passyunk Avenue near shopping, dining, and public transportation.

Source: BRIGHT MLS, MLS#: PAPH2633532

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  • Property Type
    Residential Income
  • Lot
    0.02 acres

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Owning this Home

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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.

Life at 1533 W PASSYUNK AVENUE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/11/2026Source: BRIGHT MLS Added to Database
June 11, 2026
Listing provided courtesy of Compass Pennsylvania, LLC- MLS# PAPH2633532MLS ProviderContact Information: [email protected] - 2674358015