502 S 4th Street, Philadelphia, PA 19147 - Photo 1

1/1

$765,000

Sold
Closed
Multi-Family

1/1

Property Description

Great opportunity to own a 4 Unit Corner building (over 3,400 sf.) in prime Society Hill location. Corner spacious studio flooded with light rented for $1,100; Bilevel unit 1 bed/ 1.5 baths recently vacant was rented for $1325; second floor 1 bed/ 1 bath rented for $1,300. Rents are below market. Unit 4 needs to be completely rebuilt offering flexible layout and huge potential for value add investors or developers. It is almost 1700 sf of space and would make an ideal owners unit occupying the top two floors of the building- plans available to make a 3 bedrooms/2.5 bath bright corner unit with windows on two sides, laundry, in unit, spacious open kitchen, plus roof access for fabulous city views and potential for a roof deck. - All UTILITIES SEPARATED - Tenants pay own electric and gas. 4 gas furnaces and 4 newer gas hot water heaters (2018, 2019, 2021, 2021) plus one for laundry. Landlord pays only cold water and common electric. Low vacancy and always easy to rent in this Premier location. Coin op washer and dryer in basement provides additional $1,000 yearly income. Convenient to hospitals, restaurants, shops, with easy access to NJ, plus McCall Elementary catchment. Taxes and square footage are buyers responsibility to verify.

Full Property Details

Full Property Details for 502 S 4th St

General

Sold For: $765,000
Taxes: $11,786 (2026)
Status: Closed
Type: Multi-Family
Source: BrightMLSPhilly
MLS ID: PAPH2612706
Added to Site: 133 day(s) ago

Interior

Interior Features: Built-Ins
Appliances: Built-In Microwave, Dryer - Gas, Exhaust Fan, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Stove, Water Heater
Flooring: Hardwood, Carpet, Ceramic Tile

Exterior

Exterior Features: Exterior Lighting, Sidewalks, Street Lights

Parking

Parking Features: Public
Parking Type: On Street

Location

Area: 19147 (19147)
Municipality: PHILADELPHIA
County: PHILADELPHIA
Subdivision: SOCIETY HILL
Cross Streets: Lombard
Driving Directions: South on 4th. Property on corner of 4th and Lombard. Aka 402 Lombard St.
Location Details: Corner Lot/Unit

School Information

School District: The School District Of Philadelphia
Elementary School: General George A. McCall

Heating & Cooling

Cooling Type: Ceiling Fan(s), Window Unit(s)
Cooling Fuel: Electric
Heating Type: Hot Water
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Cable TV

Structural Information

Architectural Style: Dwelling with Rental, Unit/Flat, Bi-level
Structure Type: Other
Construction: Brick
Basement: Yes
Basement Desc.: Full, Interior Access, Poured Concrete
Foundation: Block
Roof: Rubber, Flat
Walls/Ceilings: Brick, Dry Wall
Stories/Levels: 4
Square Feet: 3,424
Sq. Ft. Source: Estimated
Living Area: 3,424 Sq. Ft.
Finished Above Grnd: 3,424 Sq. Ft.
Year Built: 1920
Year Built Source: Estimated

Unit Information

Other Units: Unit 1, Unit 2, Unit 4, Unit 3

Lot Features

Property View: City, Street
Lot Size (Acres): 0.02
Lot Size (Sq. Ft.): 780
Lot Size Source: Estimated
Lot Dimensions: 15.00 x 52.00
Zoning: RM1
Lot Description: Corner

Financial Considerations

Price Per Sq. Ft.: $262.56
Assessment Year: 2026
School Tax: $6,467
City/TownTax: $5,318
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $842,000
Tax Amount: $11,786
Tax Year: 2026
Terms: Standard Sale

Disclosures and Reports

Ownership: Fee Simple
Exclusions: AC Units- Tenants provide
Inclusions: All appliances, Coin Op washer and dryer
Lot Number: 331

Listed by Compass Pennsylvania, LLC, Stephanie M MacDonald
Sold by KW Empower, Jana Vagele

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Listing agent

— 502 S 4th St —

Stephanie M MacDonald

Compass Pennsylvania, LLC

Listing Office Email: kenenochs@compass.com

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Schools

Schools serving 502 S 4th St

School District:Philadelphia City School District

Name	Grades	Distance
McCall Gen George A School 325 South 7th Street, Philadelphia, PA 19106	K-8	0.2 mi
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130	12-11	1.6 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 502 S 4th St

Date

Details

Price

Change

Source

6/29/2026

Sold

$765,000

-14.91%

MLS

4/25/2026

Listed

$899,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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502 S 4th Street, Philadelphia, PA 19147 (MLS# PAPH2612706) is a Multi-Family property that was sold at $765,000 on June 29, 2026. Want to learn more about 502 S 4th Street? Do you have questions about finding other Multi-Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

502 S 4th St Philadelphia, PA 19147