$6,401 Closing Credit¹
#PAPH2460382, Ryan J McManus, Listing Office: Keller Williams Liberty Place
$629,000 List price
4951 W Thompson St Philadelphia, PA 19131
$7,469
Closing credit¹
3,025 sqft
0.05 acres
$208 / sqft
House
Property details
About 4951 W Thompson St
With the over saturation of luxury units in high priced neighborhoods, landlords in other neighborhoods are forced to give renter concessions or drastically cut their rent below marker. NOT HERE. Finally an opportunity to own in an area that is in high demand for quality units. This assets is selling at a verified 8.27% cap rate which falls perfectly in line with the area that trades regularly between 8-9%, often for lesser quality rehabs. Just take a quick swipe through the pictures, this is as turnkey of a performing asset as you can get. Currently 4/6 units are occupied, previously totaling $6080 of monthly revenue over the 6 residential units. With this income and lower property taxes and current mortgage rates, the property can provide a 1.45 DSCR, making it wildly appealing to secure financing via DSCR loan programs. There are no other opportunities to own this many units under one roof on the market, take this one while you can!
Highlights
Home typeOther
HeatingBaseboard
StatusActive
(ACTIVE)
(ACTIVE)
Size3,025 sqft
Lot size0.05 Acres
Year built1925
ParkingOn Street
MLS #PAPH2484172
Summary
- Flooring Type: Laminate Plank
- Parking: On Street
- Architectural Style: Other
- Heating: Baseboard
- Cooling: None
- List Price: $629,000
- Price/SqFt: $207
- Annual Tax Amount: $3,640
- Tax Year: 2023
- Directions: Southwest on Lancaster Ave- Right on West Thompson St
- Year Built: 1925
- Living Area: 3,025 SqFt
- Municipality: Philadelphia
- Lot Size: 0.05 Acres
- MLS Number: PAPH2484172
- MLS Name: BRIGHT
- Office Name: Lime House
- Office Phone: (717) 840-1355
- Office Email: broker@limehouserealty.com
- Listing Agent: Breyon Lenell Young
- Agent Phone: (215) 651-3872
- Agent Email: byoung@limehouserealty.com
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: 5/28/2025, 12:05:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$629,000
4951 W Thompson St
$7,469
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 29, 2024 | Home Sold | $575,000 |
| May 22, 2023 | Home Sold | $195,000 |
| Sep 13, 2019 | Home Sold | $159,999 |
| Jun 06, 2012 | Home Sold | $24,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $260,100 | $3,640 |
| 2022 | $260,100 | $1,541 |
| 2021 | $- | $1,541 |
| 2020 | $110,100 | $1,541 |
| 2019 | $106,000 | $1,483 |
| 2018 | $99,300 | $1,390 |
| 2017 | $99,300 | $1,390 |
History based on county public records data.
Nearby schools
3
Inquiry Charter School
Public Charter PK-5
0.5 mi
•1301 Belmont Ave
3
Universal Institute Charter School at Bluford
Public Charter KG-6
0.8 mi
•5801 Media St
3
Mastery Charter School Mann Elementary
Public Charter KG-6
1.0 mi
•5376 W Berks St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,761. The most common annual income of people living in Philadelphia, PA is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
19%
<35k
70%
35k-100k
11%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
59%
Single, No Kids
29%
Single, with Kids
7%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
44%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4951 W Thompson St
The listing price of 4951 W Thompson St property is $629,000.
The property 4951 W Thompson St is a house located in Philadelphia, Pennsylvania, 19131.
Active Listing: 4951 W Thompson St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4951 W Thompson St are: Inquiry Charter School (GreatSchools Rating 3/10), Universal Institute Charter School at Bluford (GreatSchools Rating 3/10), Mastery Charter School Mann Elementary (GreatSchools Rating 3/10), Global Leadership Academy Charter School (GreatSchools Rating 3/10), Rudolph Blankenburg Elementary School (GreatSchools Rating 3/10), James Rhoads Elementary School (GreatSchools Rating 3/10), Mastery Charter School -Shoemaker Campus (GreatSchools Rating 3/10), Kipp Dubois Charter School (GreatSchools Rating 5/10), Philadelphia Learning Academy - South (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $3,640 (source: MLS/based on county public records data).
The last sale was on January 29, 2024 for $575,000 (source: MLS/tax record).
The property at 4951 W Thompson St has 0 bathroom.
The property 4951 W Thompson St is 3,025 SqFt (source: MLS/tax record).
The year of construction for 4951 W Thompson St is 1925.
This home is located at 4951 W Thompson St in Philadelphia, PA and zip code 19131 in the West Philadelphia neighborhood. This 3,025 square foot home, which was built in 1925, sits on a 0.05 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 18, 2025 and is currently priced at $629,000.
Between March and April 2025, Philadelphia, PA real estate market has seen increase in the number of listings by 49.7%. The median list price of listings available in April 2025 was $291,214, while the average time on the real estate market was 88 days.
From Rocket Homes Real Estate and based on county public records data.