- – beds
- – baths
- 1,530 sqft
- 1,065 sqft lot
- $290 per sqft
- 1930 build
Brand New Duplex with 10-Year Tax Abatement & Builder’s Warranty – Just Blocks from booming American Street Corridor and walking distance to Fishtown, offering quick access to some of Philly’s best new restaurants, cafes, breweries, and bars. Welcome to 507 W Dauphin Street, a beautifully renovated duplex offering the perfect blend of modern design, income potential, and location. This fully rehabbed property comes with a 10-year tax abatement and a 1-year builder’s warranty. With projected annual income of $37,800 and a cap rate of 8.5%+, this property checks all the boxes for strong cash flow in one of Philadelphia’s hottest growth areas. making it an exceptional opportunity for first-time homebuyers, savvy investors, or those looking for a 1031 exchange. This duplex features two bi-level units, each with 2 spacious bedrooms and 2 full bathrooms. Both units are outfitted with high-end kitchens featuring quartz countertops, sleek modern cabinetry, stainless steel appliances, and designer backsplashes. You'll love the oak hardwood floors throughout, with durable tile flooring in the finished basement levels. Each bathroom is thoughtfully designed with contemporary tilework and stylish vanities, and both units include large laundry rooms for added convenience. The first-floor unit also boasts a massive private backyard, ideal for entertaining or creating a peaceful city oasis. A security system with camera is also included for peace of mind. Bonus for owner-occupants: This property qualifies for generous grant programs and low down payment options, making it easier than ever to start building equity while earning rental income.
Last checked:
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Last updated Jul 8, 2025
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MLS# PAPH2513436 —
The Building
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Year Built:1930
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Masonry
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Building Units Total:1
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Structure Type:Interior Row/Townhouse
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Architectural Style:Straight Thru
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Accessibility Features:None
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Foundation Details:Stone
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Basement:Yes
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Basement Type:Full
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:1530
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1530
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Living Area SqFt:1,530 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Immediate
Location
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Directions:use gps
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Latitude:39.98622131
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Longitude:-75.14178467
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.02
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Lot Size Source:Assessor
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Lot Size Dimensions:15.00 x 71.00
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Lot Dimensions Source:Assessor
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Lot SqFt:1,065 Sqft
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Zoning:RM1
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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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Land Use Code:O50
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (267) 901-0101
- Office phone:
- (844) 837-5274
Taxes
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Tax ID Number:191424000
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Tax Year:2024
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Tax Lot:1503
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Tax Annual Amount:$1,884
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Tax Assessed Value:$134,600
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Year Assessed:2025
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School Tax:1055.0
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City/Town Tax:829.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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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
Schools
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School District Name:Philadelphia City
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School District Source:Listing Agent
The Community
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Pool:No Pool
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
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Two Bedroom Units:2
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/7/25
Jul 7, 2025
|
Listed / Active | BRIGHT | $445,000 |