506 W Thompson Street
Philadelphia, PA 19122
- 3 beds
- 2 baths
- 1,392 sqft
- 608 sqft lot
- $272 per sqft
- 1920 build
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.
Last checked:
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Last updated May 6, 2025
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MLS# PAPH2476162 —
The Building
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Year Built:1920
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Masonry
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Structure Type:Interior Row/Townhouse
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Architectural Style:Contemporary
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Levels:4
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Accessibility Features:2+ Access Exits
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Foundation Details:Block
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Basement:Yes
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Basement Type:Fully Finished
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:1392
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1392
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Living Area SqFt:1,392 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:0-30 Days CD
Location
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Directions:from Girard, left on 6th, right on Thompson, house on right
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Latitude:39.97136000
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Longitude:-75.14530000
The Property
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Property Type:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:0.01
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Lot Size Source:Assessor
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Lot Size Dimensions:16.00 x 38.00
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Lot Dimensions Source:Assessor
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Lot SqFt:608 Sqft
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Zoning:RESIDENTIAL
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (313) 399-8905
- Office phone:
- (610) 647-8300
Taxes
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Tax ID Number:182308400
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Tax Year:2025
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Tax Annual Amount:$2,387
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Tax Assessed Value:$175,000
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Year Assessed:2025
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:3
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Upper Level Bedrooms:3
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Upper Level 1 Bedrooms:1
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Bedrooms Upper Level:2
Baths
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Total Baths:2
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Full Baths:2
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Upper Level Full Baths:2
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Upper Level Total Baths:2
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Upper Level Total Baths:1.00
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Upper Level 2 Total Baths:1.00
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Upper Level Full Baths:1
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Upper Level 2 Full Baths:1
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Natural Gas
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Heating:Yes
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Heating Type:Central
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Appliances
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Laundry Type:Basement
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Subdivision Name:Philadelphia (North)
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Senior Community:No
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Pool:No Pool
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HOA:No
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Condo/Coop Association:No
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$379,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,029
|
Taxes | $198 |
Insurance | $104 |
Utilities | $178 See report |
Total | $2,509/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/6/25
May 6, 2025
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Sold Subject To Contingencies | BRIGHT | $379,000 | |
5/1/25
May 1, 2025
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Listed / Active | BRIGHT | $379,000 |