Date
Details
Price
Change
Source
4/30/2026
Listed
$199,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Rare opportunity in red-hot Fishtown/Kensington area. This unique package deal at 2518 and 2520 Memphis Street features two turnkey rental units that have been established as a duplex since the 1980s by a longtime owner. Unit 2518 is a large 1-bedroom, 1-bathroom first-floor apartment, while Unit 2520 offers a spacious 2-bedroom, 1-bathroom layout on the second floor. Both units have been updated over the last few years and are ready to generate immediate income. Savvy investors will recognize the massive value-add potential to make minor improvements and warrant significantly higher market rents. The property features separate PECO and PGW utility meters for easy tenant management, with one shared water service located at 2518. The basement houses the building mechanicals and is easily accessible from a private exterior entrance on Firth Street. Location is everything, and this property delivers. Tenants will love being just steps away from local favorites like Meetinghouse and Cook + Shaker, and just a short stroll from the vibrant Frankford Avenue corridor. Commuters are just 10 minutes from Center City and have rapid access to I-95. Both units must be sold together. The property is being sold in strictly "as-is" condition, and the seller will not accept any zoning contingencies.
Full Property Details
Full Property Details for 2520 Memphis St
General
- Price: $199,900
- Taxes: $3,443 (2025)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2614870
- Updated: 4/30/2026
- Added to Site: 2 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Parking
- Parking Type: On Street
Location
- Area: 19125 (19125)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: FISHTOWN
- Driving Directions: GPS
School Information
- School District: Philadelphia City
- High School: Kensington
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: No Septic System
- Water: Public
Structural Information
- Architectural Style: Straight Thru
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Full
- Foundation: Brick/Mortar
- Stories Description: Main
- Square Feet: 828
- Sq. Ft. Source: Assessor
- Living Area: 828 Sq. Ft.
- Finished Above Grnd: 828 Sq. Ft.
- Year Built: 1875
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 756
- Lot Size Source: Assessor
- Lot Dimensions: 14.00 x 54.00
- Zoning: RSA5
Financial Considerations
- Price Per Sq. Ft.: $241.43
- Assessment Year: 2026
- School Tax: $1,928
- City/TownTax: $1,515
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $246,000
- Tax Amount: $3,443
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 828
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 46
Listed by RE/MAX Access, Ryan F Gallagher
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 2520 Memphis St —
Ryan F Gallagher
RE/MAX Access
Listing Office Email: remaxsteveo@gmail.com
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 2520 Memphis St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Hackett Horatio B School 2161 East York Street, Philadelphia, PA 19125 | K-5 | 0.2 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 2520 Memphis St
Tax History
Tax History for 2520 Memphis St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,444
—
$246,000
—
2024
$3,444
69%
$246,000
100%
2021
$2,042
-24%
-100%
2023
$2,683
31%
$191,700
31%
2020
$2,042
8%
$145,900
8%
2019
$1,895
56%
$135,400
56%
2018
$1,218
-18%
$87,000
-18%
2017
$1,480
—
$105,700
—
2016
$1,480
27%
$105,700
21%
2015
$1,166
-12%
$87,000
-12%
2014
$1,320
107%
$98,500
1409%
2013
$638
—
$6,528
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2520 Memphis St
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2520 Memphis Street, Philadelphia, PA 19125 (MLS# PAPH2614870) is a Townhouse property with 2 bedrooms and 1 full bathroom. 2520 Memphis Street is currently listed for $199,900 and was received on April 30, 2026. Want to learn more about 2520 Memphis Street? Do you have questions about finding other Townhouse real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.