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$695,000

  • For Sale
  • Active
  • Triplex
  • 2,427 Sq. Ft.
  • Updated 6 days ago
See This Home
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See This Home
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This income-producing property is located in South Philadelphia, close to the intersection of Lombard and 5th Street. It features three rental units along with a commercial space on the first floor currently leased to a boutique for $1,800 per month. The second-floor apartment rents for $1,425 per month, while the third-floor apartment brings in $1,600 monthly. The property underwent renovations around 2022, making it a solid investment opportunity. Local grocery store Acme is around 3 min and Wholefood is within 10min.

Full Property Details for 506 S 5th St

General

  • Price: $695,000
  • Taxes: $7,962 (2025)
  • Status: Active
  • Type: Triplex
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2647586
  • Updated: 7/15/2026
  • Added to Site: 7 day(s) ago

Interior

  • Flooring: Wood

Parking

  • Parking Type: On Street

Location

  • Area: 19147 (19147)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Subdivision: SOUTH STREET
  • Cross Streets: Lombard St
  • Driving Directions: Please use GPS. Thank you

School Information

  • School District: The School District Of Philadelphia

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Natural Gas
  • Heating Type: Central
  • Heating Fuel: Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Structure Type: Over Storefront
  • Construction: Masonry
  • Roof: Flat
  • Square Feet: 2,427
  • Sq. Ft. Source: Assessor
  • Living Area: 2,427 Sq. Ft.
  • Finished Above Grnd: 2,427 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Assessor
  • Property Condition: Very Good

Lot Features

  • Lot Size (Acres): 0.02
  • Lot Size (Sq. Ft.): 1,054
  • Lot Size Source: Assessor
  • Lot Dimensions: 19.00 x 55.00
  • Zoning: RM1

Financial Considerations

  • Price Per Sq. Ft.: $286.36
  • Assessment Year: 2026
  • School Tax: $4,458
  • City/TownTax: $3,503
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $568,800
  • Tax Amount: $7,962
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 2427

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Business Tenants And Personal Belonging
  • Lot Number: 256

Listed by BHHS Fox & Roach-Blue Bell, Seonmi Sim

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Listing agent

— 506 S 5th St —

  • Seonmi Sim

    BHHS Fox & Roach-Blue Bell

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 506 S 5th St

School District:Philadelphia City School District
NameGradesDistance
McCall Gen George A School
325 South 7th Street, Philadelphia, PA 19106
K-80.2 mi
Franklin Benjamin High School
550 North Broad Street, Philadelphia, PA 19130
12-111.6 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 506 S 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/15/2026
Listed
$695,000
36.27%
MLS
9/15/2022
Sold
$510,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 506 S 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,962
—
$568,800
—
2024
$7,962
37%
$568,800
100%
2021
$5,825
-25%
-100%
2023
$7,802
34%
$557,400
34%
2020
$5,825
1%
$416,100
1%
2019
$5,767
—
$412,000
—
2018
$5,787
-17%
$413,400
-17%
2017
$7,013
—
$501,000
—
2016
$7,013
4%
$501,000
—
2015
$6,713
—
$501,000
—
2014
$6,713
—
$501,000
628%
2013
$6,722
—
$68,800
—
View All
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 for 506 S 5th St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by BHHS Fox & Roach-Blue Bell, Seonmi Sim

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506 S 5th Street, Philadelphia, PA 19147 (MLS# PAPH2647586) is a Triplex property with 0 bedrooms and 0 full bathrooms. 506 S 5th Street is currently listed for $695,000 and was received on July 15, 2026. Want to learn more about 506 S 5th Street? Do you have questions about finding other Triplex 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.

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