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Under contract
  • $250,000

    500 E Thelma St, Philadelphia, PA 19120

    4beds
    --baths
    1,200sqft
    : 
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    Townhouse
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $208/sqft
    $-- HOA

    What's special

    Updated unitsNewly constructed private deckThree spacious apartmentsWell-maintained living spacesSeparate utilitiesUpdated finishesBrand-new front patio
    Turnkey triplex with separate utilities, updated units, and strong income potential! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this well-maintained Feltonville property offers an outstanding opportunity. The building features three spacious apartments, including a one-bedroom lower-level unit, a one-bedroom second-floor unit, and a two-bedroom third-floor unit. Each apartment offers a modern kitchen, updated finishes, and well-maintained living spaces that are attractive to today's tenants. Designed for easy ownership, each unit has separate utilities, helping simplify property management while maximizing rental flexibility. Pride of ownership is evident throughout, making this a true move-in-ready investment with excellent long-term potential. A rare bonus for a multifamily property is the inviting outdoor living space. Recent improvements include a brand-new front patio and a newly constructed private deck for the first-floor apartment, creating desirable outdoor areas that add value for both tenants and owner-occupants. Conveniently located near public transportation, shopping, schools, and major commuter routes, this property offers easy access to everything Philadelphia has to offer while providing strong rental appeal. Whether you're a seasoned investor seeking a low-maintenance addition to your portfolio or a buyer looking to offset your mortgage with rental income, this turnkey triplex checks all the boxes. Schedule your private showing today and discover the income potential this exceptional property has to offer.
    21 days
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    616
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    53
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kurt Werner 215-885-8900,

    RE/MAX Keystone (215) 885-8900

    Source: Bright MLS,MLS#: PAPH2642490MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      Basement
      • Area: 0
      Heating
      • Other, Electric
      Cooling
      • Multi Units, Electric
      Appliances
      • Included: Electric Water Heater
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 1,200
      • Total interior livable area: 1,200 sqft

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 1,405 Square Feet
      • Dimensions: 20.00 x 70.00
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 421030100
      • Zoning: RSA5
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial,Straight Thru
      • Property subtype: Townhouse
      Materials
      • Masonry
      • Foundation: Stone
      Condition
      • New construction: No
      • Year built: 1940

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Feltonville
      Location
      • Region: Philadelphia
      • Municipality: PHILADELPHIA

      Financial & listing details

      • Price per square foot: $208/sqft
      • Tax assessed value: $184,400
      • Annual tax amount: $2,581
      • Date on market: 6/29/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,739/mo

        Price history

        DateEventPrice
        7/15/2026Contingent$250,000$208/sqft
        Source: Bright MLS #PAPH2642490 Report a problem
        6/29/2026Listed for sale$250,000+108.5%$208/sqft
        Source: Bright MLS #PAPH2642490 Report a problem
        2/18/2010Sold$119,900$100/sqft
        Source: Public Record Report a problem
        12/5/2009Listed for sale$119,900+49.9%$100/sqft
        Source: RE/MAX 2000 #5629542 Report a problem
        3/6/2006Sold$80,000$67/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,581 +17.3%$184,400 +17.3%
        2024$2,200 $157,200
        2023$2,200 +93.8%$157,200
        2022$1,135 --
        2021$1,135 -8.6%--
        2018$1,242 --
        2017$1,242 +15%--
        2016$1,079 --
        2015$1,079 --
        2014$1,079 +4.5%$77,100 +532.4%
        2012$1,033 $12,192
        2011-- $12,192
        2010-- $12,192
        2009-- $12,192
        2008-- $12,192
        2007-- $12,192 +3%
        2006-- $11,840
        2005-- $11,840
        2004-- $11,840 +2.8%
        2003-- $11,520 +12.5%
        2002-- $10,240 +6%
        2000-- $9,664
        1999-- $9,664
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Feltonville

        Getting around

        79 / 100
        Very Walkable
        53 / 100
        Good Transit
        70 / 100
        Very Bikeable

        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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