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$379,000
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Property Description
Welcome to 506 W. Thompson St, a beautifully maintained 3-bedroom, 2-bathroom home in the heart of Old Kensington - one of Philadelphia's most vibrant and rapidly growing neighborhoods. This charming property offers the perfect blend of modern comfort and historic character, with the best of city living right at your doorstep. Inside, you'll find a contemporary updated kitchen, spacious bedrooms, and sleek modern bathrooms. Just minutes from Northern Liberties, Fishtown, and Center City, you'll enjoy easy access to some of the city's most popular cafes, restaurants, and shops. A great tenant is currently in place, paying $2,250/month, with a lease running through December 24, 2025. She would ideally like to stay through the end of the lease but may be open to relocating with sufficient notice - making this an ideal opportunity for both investors and future homeowners. Benefit from 6 years remaining on the tax abatement, offering significant savings and peace of mind for years to come. Whether you're seeking a move-in-ready home or a smart investment in a thriving area, 506 W. Thompson St checks every box. Schedule your tour today and see everything this exceptional property has to offer.
Full Property Details
Full Property Details for 506 W Thompson St
General
- Sold For: $379,000
- Taxes: $2,387 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2476162
- Added to Site: 301 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper 2 - Full Baths: 1
- Upper Floor Baths: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Upper: 3
- Bedrooms-Up2: 2
Other Rooms
- Laundry: Basement
Parking
- Parking Type: On Street
Location
- Area: 19122 (19122)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: Philadelphia (North)
- Subdivision: Philadelphia (North)
- Driving Directions: from Girard, left on 6th, right on Thompson, house on right
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 Info: Contemporary
- Architectural Style: Contemporary
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Fully Finished
- Foundation: Block
- Stories/Levels: 0
- Stories Description: Upper 1, Upper 2
- Square Feet: 1,392
- Sq. Ft. Source: Assessor
- Living Area: 1,392 Sq. Ft.
- Finished Above Grnd: 1,392 Sq. Ft.
- Year Built: 1920
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.01
- Lot Size (Sq. Ft.): 608
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 38.00
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $272.27
- Assessment Year: 2025
- Tax w/Assessment: $175,000
- Tax Amount: $2,387
- Tax Year: 2025
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
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Schools
Schools serving 506 W Thompson St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Ludlow James R School 550 Master Street, Philadelphia, PA 19122 | K-8 | 0.1 mi |
Penn Treaty Middle School 600 East Thompson Street, Philadelphia, PA 19125 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 506 W Thompson St
Date
Details
Price
Change
Source
6/13/2025
Sold
$379,000
—
MLS
5/02/2025
Listed
$379,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
506 W Thompson Street, Philadelphia, PA 19122 (MLS# PAPH2476162) is a Townhouse property that was sold at $379,000 on June 13, 2025. This property was sold by Benjamin "Ben" Gemberling-Johnson from our Old City Office.Want to learn more about 506 W Thompson Street? Do you have questions about finding other Townhouse real estate for sale in Olde Kensington? You can browse all Olde Kensington real estate or contact a Coldwell Banker agent to request more information.


