Fully renovated CMX-2 mixed-use property just one block from Lancaster Avenue. The first floor features a vacant commercial shell ready for retail, office, professional, or other permitted commercial uses. The second-floor residential unit offers 3 bedrooms, 1 full bath, a heated finished attic/flex space, granite countertops, stainless steel appliances, laundry hookups, and energy-efficient mini-split heating and cooling. Recent improvements include a new roof, 400-amp electrical service, new plumbing, HVAC, replacement windows, flooring, drywall, trim, interior doors, kitchen, bathroom, and fire alarm system. The property will be delivered completely vacant, allowing an owner-occupant or investor to lease both units at market rates. Estimated market rents are approximately $2,500/month for the commercial space and $1,830/month for the residential unit, offering excellent income potential. A turnkey investment or ideal live/work opportunity in a growing West Philadelphia corridor.
For sale
Price cut: $29.6K (7/20)
$299,900
5018 W Thompson St, Philadelphia, PA 19131
4beds
2baths
1,650sqft
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$182/sqft
$-- HOA
What's special
New roofLaundry hookupsGranite countertopsReplacement windowsStainless steel appliancesInterior doors
- 39 days |
- 181 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
kyle malson 267-978-1487,
HomeSmart Realty Advisors 2156041191
Source: Bright MLS,MLS#: PAPH2647502
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Baseboard, Heat Pump, Electric
Cooling
- Ductless
Appliances
- Included: Oven/Range - Electric, Stainless Steel Appliance(s), Water Heater, Refrigerator, Microwave, Electric Water Heater
Features
- Flooring: Tile/Brick, Vinyl, Wood
- Basement: Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 1,650
- Total interior livable area: 1,650 sqft
Property
Parking
- Parking features: Public, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,477 Square Feet
- Dimensions: 16.00 x 92.00
- Features: Irregular Lot, Urban
Details
- Additional structures: Above Grade
- Parcel number: 442119600
- Zoning: CMX2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Masonry
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- Excellent
- New construction: No
- Year built: 1925
- Major remodel year: 2025
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Parkside
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $182/sqft
- Tax assessed value: $85,000
- Annual tax amount: $1,127
- Date on market: 7/13/2026
- Listing agreement: Exclusive Agency
- Listing terms: Bank Portfolio,Cash,Conventional,FHA 203(k),Private Financing Available
- Inclusions: All Appliances
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Price change | $299,900-9%$182/sqft |
Source:  Bright MLS #PAPH2647502 Report a problem | ||
| 7/14/2026 | Listed for sale | $329,500+153.5%$200/sqft |
Source: Bright MLS #PAPH2647502 Report a problem | ||
| 8/24/2022 | Listing removed | $130,000$79/sqft |
Source: Bright MLS #PAPH2121628 Report a problem | ||
| 8/10/2022 | Price change | $130,000+13%$79/sqft |
Source: Bright MLS #PAPH2121594 Report a problem | ||
| 8/2/2022 | Price change | $115,000-11.5%$70/sqft |
Source: Bright MLS #PAPH2121628 Report a problem | ||
| 6/10/2022 | Price change | $130,000-10.3%$79/sqft |
Source: Bright MLS #PAPH2121594 Report a problem | ||
| 5/27/2022 | Listed for sale | $145,000+123.1%$88/sqft |
Source: Bright MLS #PAPH2121594 Report a problem | ||
| 4/4/2022 | Sold | $65,000+44.4%$39/sqft |
Source: Public Record Report a problem | ||
| 1/14/2022 | Sold | $45,000+104.5%$27/sqft |
Source: Public Record Report a problem | ||
| 5/13/2015 | Sold | $22,000-33.1%$13/sqft |
Source: Public Record Report a problem | ||
| 4/25/2015 | Pending sale | $32,900$20/sqft |
Source: Better Homes of American Heritage Federal Realty #6489363 Report a problem | ||
| 2/5/2015 | Price change | $32,900-6%$20/sqft |
Source: Better Homes Realty #6489363 Report a problem | ||
| 1/14/2015 | Price change | $35,000-12.5%$21/sqft |
Source: Better Homes Realty #6489363 Report a problem | ||
| 11/23/2014 | Listed for sale | $40,000+566.7%$24/sqft |
Source: Better Homes Realty #6489363 Report a problem | ||
| 7/2/2012 | Sold | $6,000$4/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,127 +59.4% | $80,500 +59.4% |
| 2024 | $707 | $50,500 |
| 2023 | $707 +62.9% | $50,500 |
| 2022 | $434 | -- |
| 2021 | $434 +3.7% | -- |
| 2018 | $419 | -- |
| 2017 | $419 -34.3% | -- |
| 2016 | $637 | -- |
| 2015 | $637 | -- |
| 2014 | $637 -26.2% | $64,400 +810.6% |
| 2012 | $863 | $7,072 |
| 2011 | -- | $7,072 |
| 2010 | -- | $7,072 |
| 2009 | -- | $7,072 |
| 2008 | -- | $7,072 |
| 2007 | -- | $7,072 |
| 2006 | -- | $7,072 |
| 2005 | -- | $7,072 |
| 2004 | -- | $7,072 +10% |
| 2003 | -- | $6,432 |
| 2002 | -- | $6,432 +18.2% |
| 2000 | -- | $5,440 |
| 1999 | -- | $5,440 |
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.Climate risks
Neighborhood: Carroll Park
Nearby schools
GreatSchools rating
- 4/10Heston Edward SchoolGrades: PK-8Distance: 0.4 mi
- 2/10Overbrook High SchoolGrades: 9-12Distance: 1 mi
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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