$5,522

closing credit¹

1316 N Franklin St Unit 5 Philadelphia, PA 19122

$465,000
2 beds
3 full
1,802 sqft
$258 / sqft
Condo

Property details

About 1316 N Franklin St Unit 5

Tax Abatement Plus Private Parking Plus Private Roof Deck! Seven years of tax abatement remain. Buyer may be eligible for a $10,000 Lender Credit at closing if use TD Bank. Contact the listing agents for more details. Exquisitely crafted bi-level condo situated in South Kensington! This residence exudes grandeur! Spanning 1800 square feet, this penthouse condo boasts contemporary amenities and an expansive open floor plan. On the first floor, discover an inviting eat-in kitchen adorned with Quartz countertops, sleek white cabinets featuring soft-close doors and drawers, stainless steel appliances, a walk-in pantry, glass backsplash in a striking herringbone pattern, and a center island with a stylish waterfall edge. This level also encompasses a generous family room with floor-to-ceiling windows, a dining area, a powder room, and an additional cozy sitting area. Ascend to the second floor to find two bedrooms, two bathrooms, and a convenient laundry area and mechanical room. The primary suite serves as a tranquil sanctuary, offering a spacious bedroom, a walk-in closet, and a stunning master bathroom featuring a sizable glass-enclosed shower with a comfortable bench. Additionally, this unit boasts over 730 square feet of outdoor space on the roof deck, showcasing breathtaking views of the city and the iconic Ben Franklin Bridge. Further enhancements include metal railings, pristine 7-inch white oak floors, an intercom system, and floor-to-ceiling windows. Perfectly situated, relish in the vibrant ambiance of South Kensington, Fishtown, and Northern Liberties! These condos are mere blocks away from the plethora of shops, restaurants, and coffee houses that adorn Frankford Ave, Fishtown, and Northern Liberties.

Highlights

Home typeCondominium
HeatingForced Air
StatusActive
(ACTIVE)
CoolingCentral Air
Size1,802 sqft
Year built2021
ParkingPrivate, Driveway
MLS #PAPH2334462

Virtual tour

Summary

  • MLS Number: PAPH2334462
  • MLS Name: BRIGHT
  • Office Name: Coldwell Banker Realty
  • Office Phone: (215) 923-7600
  • Office Email: cbpoldcityadmin@cbpref.com
  • Listing Agent: Jie Li

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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kitchen featuring a kitchen bar, appliances with stainless steel finishes, and white cabinetry

$465,000

1316 N Franklin St Unit 5

$5,522

closing credit¹

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Price information

Property sales

DateEventPrice
Feb 16, 2022
Home Sold
$450,000

Tax history

YearAssessmentProperty Tax
2023$417,100$875

History based on county public records data.

Nearby schools

6

John Moffet Elementary School

Public District KG-5

0.7 mi

127 W Oxford St

7

Horatio B. Hackett School

Public District KG-5

1.3 mi

2161 E York St

2

Kipp North Philadelphia Charter School

Public Charter KG-6

1.4 mi

2539 N 16th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $13,331. The most common annual income of people living in Philadelphia, PA is less than $<35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

How much money do the neighbors make?

78%
<35k
17%
35k-100k
4%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

76%
Single, No Kids
15%
Single, with Kids
7%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
22%
18-34 yrs old
34%
35-64 yrs old
26%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1316 N Franklin St Unit 5

This home is located at 1316 N Franklin St Unit 5 in Philadelphia, PA and zip code 19122 in the Ludlow neighborhood. This 1,802 square foot home was built in 2021. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $465,000.

While more than 152 listings in Philadelphia, PA in January 2025 were sold above asking price, there were more than 186 listings sold at asking price, and more than 457 were sold below. In January 2025 in Philadelphia, PA there were 3.5% more homes for sale than in December. Listings spent 52 days on the market in January 2025, and had a median list price of $266,945 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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