Back 506 W Thompson St
Off Market

506 W Thompson St

Philadelphia PA 19122

3
2
1392 sq. ft.
608 sq. ft.
Townhouse
Last sold for $379,000
SHARMEEN MUSSANISHARMEEN MUSSANI, last sold this property on 13 June 2025 after 1384 days on market.

Overview

Welcome to 506 W. Thompson St, a beautifully maintained 3-bedroom, 2-bathroom home in the heart of Old Kensington ? one of Philadelphia?s most vibrant and rapidly growing neighborhoods. This charming property offers the perfect blend of modern comfort and historic character, with the best of city living right at your doorstep. Inside, you'll find a contemporary updated kitchen, spacious bedrooms, and sleek modern bathrooms. Just minutes from Northern Liberties, Fishtown, and Center City, you?ll enjoy easy access to some of the city?s most popular cafes, restaurants, and shops. A great tenant is currently in place, paying $2,250/month, with a lease running through December 24, 2025. She would ideally like to stay through the end of the lease but may be open to relocating with sufficient notice ? making this an ideal opportunity for both investors and future homeowners. Benefit from 6 years remaining on the tax abatement, offering significant savings and peace of mind for years to come. Whether you're seeking a move-in-ready home or a smart investment in a thriving area, 506 W. Thompson St checks every box. Schedule your tour today and see everything this exceptional property has to offer.

Features

3 bedrooms
2 bathrooms
1392 sq. ft. floor area
608 sq. ft. lot size
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Philadelphia over the last 12 months, the estimated median property value of 506 W Thompson St is $465k.

Median value
$465k
Estimated value range
$82.5k - $925k
Median days on market
34
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Philadelphia. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 506 W Thompson St

2025
Sold
$379,000
13 Jun 2025 by SHARMEEN MUSSANI, of Keller Williams Realty Devon-Wayne
2024
Rented
Undisclosed
09 Dec 2024 by Keller Williams Realty Devon-Wayne
2024
Rented
Undisclosed
01 Jan 2024 by BHHS Fox & Roach-Center City Walnut

Happy sellers in Philadelphia

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We have insufficient information to provide an overview of customer satisfaction for Philadelphia. Viewing the agent profiles, reviews and sales for Philadelphia can provide insights for this location.

Local market activity for 3 bedroom townhouses in Philadelphia

In the last 12 months, 85 three-bedroom townhouses similar to 506 W Thompson St, have been sold.

This represents a 20% decrease in three-bedroom townhouses sales when compared to the previous 12 months.

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