For sale

$695,000

506 S 5th St, Philadelphia, PA 19147

4beds

--baths

2,427sqft

$4,382/mo

Get pre-qualified

Retail

Built in 1900

-- sqft lot

$674,900 Zestimate^®

$286/sqft

$-- HOA

What's special

This income-producing property is located in South Philadelphia, close to the intersection of Lombard and 5th Street. It features three rental units along with a commercial space on the first floor currently leased to a boutique for $1,800 per month. The second-floor apartment rents for $1,425 per month, while the third-floor apartment brings in $1,600 monthly. The property underwent renovations around 2022, making it a solid investment opportunity. Local grocery store Acme is around 3 min and Wholefood is within 10min.

38 days

803

56

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4

Basement

Area: 0

Heating

Central, Natural Gas

Cooling

Central Air, Natural Gas

Appliances

Included: Electric Water Heater

Features

Flooring: Wood
Has fireplace: No

Interior area

Total structure area: 2,427
Total interior livable area: 2,427 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Pool features: None

Lot

Size: 1,054 Square Feet
Dimensions: 19.00 x 55.00

Details

Additional structures: Above Grade, Below Grade
Parcel number: 871024500
Zoning: RM1
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Retail

Materials

Masonry
Roof: Flat

Condition

Very Good
New construction: No
Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: South Street

Location

Region: Philadelphia
Municipality: PHILADELPHIA

Financial & listing details

Price per square foot: $286/sqft
Tax assessed value: $568,800
Annual tax amount: $7,962
Date on market: 7/15/2026
Listing agreement: Exclusive Right To Sell
Exclusions: Business Tenants And Personal Belonging
Ownership: Fee Simple

Estimated market value

$674,900

$641,000 - $709,000

$3,197/mo

Price history

Date	Event	Price
7/21/2026	Listed for rent	$1,500+57.9%$1/sqft
Source: Bright MLS #PAPH2648482 Report a problem
7/15/2026	Listed for sale	$695,000+36.3%$286/sqft
Source: Bright MLS #PAPH2647586 Report a problem
9/29/2022	Sold	$510,000+67.2%$210/sqft
Source: Public Record Report a problem
4/13/2013	Listing removed	$950
Source: Sky City Properties #6187367 Report a problem
3/21/2013	Listed for rent	$950
Source: Sky City Properties #6187367 Report a problem
11/18/2006	Sold	$305,000-6.2%$126/sqft
Source: Public Record Report a problem
9/29/2004	Sold	$325,000$134/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,962 +2%	$568,800 +2%
2024	$7,802	$557,400
2023	$7,802 +34%	$557,400
2022	$5,825	--
2021	$5,825 +1%	--
2018	$5,767 -88.2%	--
2017	$48,953	--
2016	$48,953 +598%	--
2015	$7,013	--
2014	$7,013	$501,000