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Sold for $187,000
  • $187,000

    2531 S Alder St, Philadelphia, PA 19148

    3beds
    1,045sqft
    Townhouse
    Built in 1925
    665 Square Feet Lot
    $187,400 Zestimate®
    $179/sqft
    $2,006 Estimated rent

    Home value

    $187,400

    $178,000 - $197,000

    $2,006/mo

    Zestimate® history
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    What's special

    Three nicely sized bedroomsOpen-concept layoutFull hallway bathroom
    Welcome to 2531 S Alder Street -- a fantastic opportunity in the heart of South Philadelphia! This 3-bedroom, 1-bath home offers solid bones, an open-concept layout, and incredible potential for a buyer looking to add their own personal touch and build equity. The main level features a spacious open living and dining area, creating a flexible floor plan that feels bright and inviting. The kitchen offers a functional footprint with plenty of opportunity for future updates and customization. Upstairs, you’ll find three nicely sized bedrooms and a full hallway bathroom. The basement includes an additional bonus toilet, extra storage space, and room for future possibilities. While the property could use some TLC and cosmetic updates, it presents an excellent chance for homeowners, investors, or anyone looking to create value in a rapidly growing area. Located just minutes from the South Philadelphia Sports Complex, you’ll love being close to all the action --- catch games and events featuring the Philadelphia Eagles, Philadelphia Phillies, Philadelphia Flyers, and Philadelphia 76ers. Convenient access to major highways, public transportation, shopping, restaurants, and all that Philadelphia has to offer makes this location hard to beat. Whether you’re looking for your next home or investment opportunity, 2531 S Alder Street is full of potential and ready for its next chapter. Also, house is being sold "As is".

    Zillow last checked:

    Listing updated:

    Listed by:

    Matt Lenza 302-285-9777,

    Real of Pennsylvania

    Bought with:

    Jania Daniels, RS330799

    Real of Pennsylvania

    Source: Bright MLS,MLS#: PAPH2618422MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Basement
    • Description: Percent Finished: 0.0
    • Area: 590
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Other,Unfinished,Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,635
    • Total interior livable area: 1,045 sqft
    • Finished area above ground: 1,045
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 665 Square Feet
    • Dimensions: 14.00 x 48.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 394124600
    • Zoning: RSA5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Contemporary
    • Property subtype: Townhouse
    Materials
    • Masonry
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Lower Moyamensing
    HOA
    • Has HOA: No
    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Financial & listing details

    • Price per square foot: $179/sqft
    • Tax assessed value: $219,100
    • Annual tax amount: $3,066
    • Date on market: 5/7/2026
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/1/2026Sold$187,000-1.6%$179/sqft
    Source: Bright MLS #PAPH2618422 Report a problem
    5/30/2026Pending sale$189,999$182/sqft
    Source: Bright MLS #PAPH2618422 Report a problem
    5/11/2026Contingent$189,999$182/sqft
    Source: Bright MLS #PAPH2618422 Report a problem
    5/11/2026Price change$189,999+46.2%$182/sqft
    Source: Bright MLS #PAPH2618422 Report a problem
    5/7/2026Listed for sale$129,999$124/sqft
    Source: Bright MLS #PAPH2618422 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,067 +9.4%$219,100 +9.4%
    2024$2,804 $200,300
    2023$2,804 +6.8%$200,300
    2022$2,626 --
    2021$2,626 +8.4%--
    2018$2,423 +30.1%--
    2017$1,863 +20.5%--
    2016$1,547 --
    2015$1,547 --
    2014$1,547 +2%$143,200 +1030.1%
    2012$1,517 $12,672
    2011-- $12,672
    2010-- $12,672
    2009-- $12,672
    2008-- $12,672
    2007-- $12,672 +7.6%
    2006-- $11,776
    2005-- $11,776
    2004-- $11,776 +9.9%
    2003-- $10,720
    2002-- $10,720
    2000-- $10,720
    1999-- $10,720
    Find assessor info on the county website

    Neighborhood: Lower Moyamensing

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Philadelphia City

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $187,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $187,400