500 E Thelma Street Philadelphia, PA $ 250,000
500 E Thelma Street
$ 250,000
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500 E Thelma Street

Philadelphia, PA, 19120
$ 250,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 1,579

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Multi-Family Home for sale in Philadelphia, PA

for $250,000 with 4 bedrooms. This home was built in 1940 on a lot size of 0.03.

Turnkey duplex 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 other, this well-maintained Feltonville property offers an outstanding opportunity. The building features 2 spacious apartments, including a livable space at the lower-level unit. Second floor one bedroom 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.

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Multi-Family Contingent

Price

$ 250,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 2,581

Style

Colonial,Straight Thru

Lot Size

0.03

Year Built

1940

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2642490

Features
General
Living Area 1200
Sewer Public Sewer
Heating Other
Cooling Multi Units
Possession Negotiable
Zoning RSA5
Architectural Style Colonial Straight Thru
Construction Materials Masonry
School District PHILADELPHIA CITY
Year Built 1940
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Subdivision Name FELTONVILLE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE UNDER CONTRACT
Directions Between Whitaker Ave & D Street
City PHILADELPHIA
Number Of Units Total 3
MLS Area 19120 (19120)
Lot Size Units Square Feet
Lot Size Square Feet 1405.00
Tax Annual Amount 2581.0
Two Bedroom 1
Structure Type End of Row/Townhouse
Price Per Sq Ft Total AG 208.33
Vacation Rental Y/N N
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 162
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Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking Driveway
Foundation Details Stone
Water View Y/N N
Lot Dimensions 20.00 x 70.00
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 36880.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 500
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* Excluded Features
List By
Re/Max Keystone

Broker

kurtwerner@remax.net

Email

Affordability Calculator

$1,794
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,579
Monthly Property Taxes
$215
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4835660 Elementary School
4835659 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/29/2026$250,000 Listed Price

Map


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500 E Thelma Street, Philadelphia, PA, 19120 is a Multi-Family Home for sale at $250,000 with a lot size of 0.03. 500 E Thelma Street has 4 bedrooms, 0.0 baths, and was built in 1940. The property's zip code is 19120 which is in Philadelphia, PA