$4,453 Closing Credit¹
#PAPH2467960, Jayna Zoeiro, Listing Office: KW Empower
$379,000 List price
506 W Thompson St Philadelphia, PA 19122
$4,501
Closing credit¹
3 beds
2 full
1,392 sqft
0.01 acres
$272 / sqft
Townhouse
Property details
About 506 W Thompson St
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.
Highlights
Home typeTownhouse
HeatingCentral
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)
(ACTIVE UNDER CONTRACT)
CoolingCentral Air
Size1,392 sqft
BasementYes
Lot size0.01 Acres
Year built1920
ParkingOn Street
MLS #PAPH2476162
Summary
- Full Bathrooms: 2
- Basement: Yes
- Total Bedroom Count: 3
- Parking: On Street
- Architectural Style: Contemporary
- Heating: Central
- Cooling: Central Air
- List Price: $379,000
- Price/SqFt: $272
- Annual Tax Amount: $1,959
- Tax Year: 2023
- Directions: from Girard, left on 6th, right on Thompson, house on right
- Year Built: 1920
- Living Area: 1,392 SqFt
- Municipality: Philadelphia
- Lot Size: 0.01 Acres
- MLS Number: PAPH2476162
- MLS Name: BRIGHT
- Office Name: Keller Williams Realty Devon-Wayne
- Office Phone: (610) 647-8300
- Office Email: klrw894@kw.com
- Listing Agent: SHARMEEN MUSSANI
- Agent Phone: (313) 399-8905
- Agent Email: sharmeen.mussani@kw.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: 5/21/2025, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$379,000
506 W Thompson St
$4,501
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 30, 2019 | Home Sold | $120,000 |
| Jul 03, 2018 | Home Sold | $115,000 |
| Apr 11, 2016 | Home Sold | $21,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $390,000 | $1,959 |
| 2022 | $180,500 | $1,637 |
| 2021 | $- | $1,637 |
| 2020 | $117,000 | $1,637 |
| 2019 | $117,000 | $1,637 |
| 2018 | $88,200 | $1,234 |
| 2017 | $88,200 | $1,234 |
History based on county public records data.
Nearby schools
6
John Moffet Elementary School
Public District KG-5
0.6 mi
•127 W Oxford St
7
Horatio B. Hackett School
Public District KG-5
1.2 mi
•2161 E York St
2
Kipp North Philadelphia Charter School
Public Charter KG-6
1.6 mi
•2539 N 16th 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 $29,340. Residents of Philadelphia, PA typically earn less than $<35k each year. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
58%
<35k
37%
35k-100k
4%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
58%
Single, No Kids
23%
Single, with Kids
13%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
40%
18-34 yrs old
31%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Tennis
Music Concerts
Where do the neighbors shop?
IKEA
Crate & Barrel
H&M
Where do the neighbors go to eat?
Quiznos
Starbucks
Chipotle
What do the neighbors drive?
Lexus
BMW
Volkswagen
What do the neighbors listen to?
Soft Adult Contemporary
News- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 506 W Thompson St
The listing price of 506 W Thompson St property is $379,000.
The property 506 W Thompson St is a townhouse located in Philadelphia, Pennsylvania, 19122.
Accepting Backup Offers: 506 W Thompson St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 506 W Thompson St are: John Moffet Elementary School (GreatSchools Rating 6/10), Horatio B. Hackett School (GreatSchools Rating 7/10), Kipp North Philadelphia Charter School (GreatSchools Rating 2/10), James R. Ludlow Elementary School (GreatSchools Rating 3/10), Young Scholars Charter School (GreatSchools Rating 4/10), General Philip Kearny School (GreatSchools Rating 4/10), Bodine William W High School (GreatSchools Rating 5/10), Youth Build Phila Charter School (GreatSchools Rating 1/10), The U School: Innovative Lab (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $1,959 (source: MLS/based on county public records data).
The last sale was on September 30, 2019 for $120,000 (source: MLS/tax record).
The property at 506 W Thompson St has 3 bedrooms and 2 bathrooms.
The property 506 W Thompson St is 1,392 SqFt (source: MLS/tax record).
The year of construction for 506 W Thompson St is 1920.
This home is located at 506 W Thompson St in Philadelphia, PA and zip code 19123 in the Ludlow neighborhood. This 1,392 square foot home, which was built in 1920, sits on a 0.01 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $379,000.
The number of listings in Philadelphia, PA increased by 49.7% between March and April 2025. Listings spent 88 days on the market in April 2025, and had a median list price of $291,214 during the same period.
From Rocket Homes Real Estate and based on county public records data.