Backup offers
$9,203 Closing Credit¹
#PAPH2363556, Gaurav Gambhir, Listing Office: KW Empower
$8,253
closing credit¹
711 W Thompson St Philadelphia, PA 19122
$695,000 List price
$8,253
Closing credit¹
4 beds
2 full, 1 partial
3,360 sqft
0.03 acres
$207 / sqft
Townhouse
Property details
About 711 W Thompson St
Great Location and Improved Pricing!!! Discover urban sophistication and modern living in this beautifully renovated legally RM1 zoned multi family (up to 4 units allowed) located in the heart of Olde Kensington, one of Philadelphia's most vibrant neighborhoods. Ideal for investors seeking a turnkey property or homeowners looking for rental income opportunities. Strong rental income potential in a sought-after rental market with the average one to two bedrooms renting for $1700-$2300 per month. This is a great income producing property for a seasoned investor or owner-occupant looking to offset their living expenses. Prime location that’s walking distance to public transportation, art galleries, shops, restaurants, cafes and much more! The property was originally two separate parcels that were combined to make one large multi family spanning over 3300 square feet. The home was fully gutted, designed by an architect (drawings/plans available upon request) and constructed in 2017. Construction included a Brand New roof, new electrical, new plumbing, HVAC, framing, flooring, windows and doors. There’s still 3 years remaining on the Tax Abatement. The property is ADA compliant and all utilities are separated. The home is approved for a pilot house and roof deck (approved drawings/plans available upon request) which would add more value to this already perfect property. Everything about this property was well thought out from the bike room to the extra wide stairways making it easy for tenants to move furniture in and out. The owners used the property as a live & work space with the first floor being an art gallery, second floor an art studio and the third floor as their primary residence. Schedule your showing today and don’t miss out on the opportunity to own this very special property.
Highlights
Home typeTownhouse
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size3,360 sqft
BasementYes
Lot size0.03 Acres
Year built1900
ParkingOther
MLS #PAPH2369520
Summary
- MLS Number: PAPH2369520
- MLS Name: BRIGHT
- Office Name: OCF Realty LLC - Philadelphia
- Office Phone: (215) 735-7368
- Office Email: info@ocfrealty.com
- Listing Agent: Jahlil N Edwards
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, 2:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$695,000
711 W Thompson St
$8,253
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 04, 2015 | Home Sold | $135,000 |
| Feb 13, 2012 | Home Sold | $46,750 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $908,600 | $8,869 |
| 2022 | $633,600 | $2,795 |
| 2021 | $- | $2,795 |
| 2020 | $701,000 | $2,795 |
| 2019 | $701,000 | $2,795 |
| 2017 | $63,200 | $884 |
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
1.5 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 $13,331. Typical income of Philadelphia, PA residents is less than $<35k annually. The majority of families are single, no kids. Residents of this area typically 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 Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Popeyes
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 711 W Thompson St
This home is located at 711 W Thompson St in Philadelphia, PA and zip code 19122 in the Ludlow neighborhood. This 3,360 square foot home, which was built in 1900, sits on a 0.03 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $695,000.
Philadelphia, PA housing market in January 2025 saw over 152 listings sold above listed price, more than 186 sold at listed price and over 457 sold below. The number of listings in Philadelphia, PA increased by 3.5% between December and January 2025. In January 2025 median list price was $266,945 and the average listing age was 52 days.
From Rocket Homes Real Estate and based on county public records data.