506 S 5th Street, Philadelphia, PA 19147 - Photo 1

1/1

$630,000

Sold
Closed
Triplex
2,427 Sq. Ft.

1/1

Property Description

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

Full Property Details for 506 S 5th St

General

Sold For: $630,000
Taxes: $7,962 (2025)
Status: Closed
Type: Triplex
Source: BrightMLSPhilly
MLS ID: PAPH2647586
Added to Site: 109 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

Unit Information

Other Units: Unit 1, Unit 1

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
Terms: Standard Sale
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
Sold by Realty Mark Associates, Duc Tran

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Listing agent

— 506 S 5th St —

Seonmi Sim

BHHS Fox & Roach-Blue Bell

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Schools

Schools serving 506 S 5th 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 506 S 5th St

Date

Details

Price

Change

Source

10/07/2026

Sold

$630,000

-9.35%

MLS

7/15/2026

Listed

$695,000

—

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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Beds
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Total Bath
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506 S 5th Street, Philadelphia, PA 19147 (MLS# PAPH2647586) is a Triplex property that was sold at $630,000 on October 07, 2026. Want to learn more about 506 S 5th Street? Do you have questions about finding other Triplex real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

506 S 5th St Philadelphia, PA 19147