This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$604,500
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Tucked along one of Olde Kensington's quietest residential blocks, 1516 North Palethorp Street delivers the ideal balance of design, scale, and location. This 15-foot-wide residence offers thoughtful craftsmanship and an exceptional layout in one of Philadelphia's most sought-after neighborhoods. Positioned just two blocks from the energy of Frankford Avenue and three blocks from Northern Liberties' 2nd Street corridor, the home sits at the intersection of Fishtown and Northern Liberties - providing immediate access to the city's best dining, fitness, and nightlife while maintaining the tranquility of a true neighborhood street with easy street parking. As you approach, the block itself stands out - quiet, neighborly, and private. Inside, the main level welcomes you with high ceilings that carry throughout the entire home. A spacious dining area flows effortlessly into a well-appointed kitchen featuring stainless steel appliances, sleek countertops, and a built-in breakfast bar designed for both everyday living and entertaining. Toward the rear, the light-filled living room opens seamlessly to the private backyard through oversized sliding glass doors. The backyard offers an extended footprint with space for dining, lounging, and gardening - a rare and valuable extension of the living space. The second floor includes two generously sized bedrooms connected by a thoughtfully designed Jack-and-Jill bathroom. Each bedroom features its own private vanity and toilet, joined by a shared central shower, while walk-through closets create a functional, suite-style experience that blends privacy with convenience. The entire third floor is dedicated to the primary suite - a true retreat. The spa-inspired bathroom features dual vanities, a deep soaking tub with jacuzzi jets, and a large walk-in shower. A spacious walk-in closet completes the suite. From this level, step out to the private rooftop deck - the perfect setting for morning coffee, sunset views, or entertaining under the city skyline. The finished basement provides valuable flexible space ideal for a home office, gym, media room, or guest suite, complete with its own full bathroom. Olde Kensington continues to be one of Philadelphia's best-kept secrets - quiet, residential, and perfectly positioned. Local favorites including City Fitness, Pizzeria Beddia, Laser Wolf, Liberty Kitchen, Middle Child Clubhouse, Kalaya, Stateside Vodka, Suraya, Gryphon Cafe, La Colombe, and Frankford Hall are all within a short walk. 1516 N Palethorp offers width, outdoor space, and walkability - without sacrificing peace and privacy. A rare opportunity to own a move-in-ready home in one of the city's most dynamic neighborhoods. Schedule your showing today!
Full Property Details
Full Property Details for 1516 N Palethorp St
General
- Sold For: $604,500
- Taxes: $1,767 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2588896
- Added to Site: 97 day(s) ago
Interior
- Appliances: Built-In Microwave, Dryer, Dishwasher, Disposal, Microwave, Oven - Single, Washer, Freezer, Refrigerator, Stove, Water Heater
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Upper 2 - Full Baths: 1
- Upper Floor Baths: 3
- Upper - Full Baths: 2
- Upper - 1/2 Baths: 1
- Lower Floor Baths: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Upper: 3
- Bedrooms Lower: 1
- Bedrooms-Up2: 1
Parking
- Parking Type: On Street
Location
- Area: 19122 (19122)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: OLDE KENSINGTON
- Driving Directions: Use GPS
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Interior Row/Townhouse
- Construction: Brick, Metal Siding, Stucco
- Basement: Yes
- Basement Desc.: Fully Finished
- Foundation: Concrete Perimeter
- Stories Description: Lower 1, Upper 1, Upper 2
- Square Feet: 2,000
- Sq. Ft. Source: Estimated
- Living Area: 2,000 Sq. Ft.
- Finished Above Grnd: 1,600 Sq. Ft.
- Finished Below Grnd: 400 Sq. Ft.
- Year Built: 2016
- Year Built Source: Assessor
Unit Information
Unit 1
- Bathrooms-Lower: 1
- Bedrooms-Lower: 1
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 825
- Lot Size Source: Assessor
- Lot Dimensions: 15.00 x 55.00
- Zoning: RSA5
Financial Considerations
- Price Per Sq. Ft.: $390.62
- Assessment Year: 2025
- School Tax: $989
- City/TownTax: $777
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $126,240
- Tax Amount: $1,767
- Tax Year: 2025
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Washer, Dryer, Refrigerator
- Lot Number: 164
Listed by KW Empower, James F Roche Jr. and KW Empower, Mitchel Gendelman
Sold by Compass Pennsylvania, LLC, Meredith S. Chatot
Get Pre-Approved Today
Schools
Schools serving 1516 N Palethorp St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Moffet John School 127 West Oxford Street, Philadelphia, PA 19122 | K-5 | 0.1 mi |
Penn Treaty Middle School 600 East Thompson Street, Philadelphia, PA 19125 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1516 N Palethorp St
Date
Details
Price
Change
Source
5/27/2026
Sold
$604,500
-3.28%
MLS
3/05/2026
Listed
$625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1516 N Palethorp Street, Philadelphia, PA 19122 (MLS# PAPH2588896) is a Townhouse property that was sold at $604,500 on May 27, 2026. Want to learn more about 1516 N Palethorp Street? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

