4951 W Thompson St

Philadelphia, PA 19131

$629,000
Price
Beds
Baths
3,025 Sq. Ft.
$208 / Sq. Ft.
3,025
Sq. Ft.
$208
per Sq. Ft.

Description

With the over saturation of luxury units in high priced neighborhoods, landlords in other neighborhoods are forced to give renter concessions or drastically cut their rent below marker. Not here. Finally an opportunity to own in an area that is in high demand for quality units. This assets is selling at a verified 8.27% cap rate which falls perfectly in line with the area that trades regularly between 8-9%, often for lesser quality rehabs. Just take a quick swipe through the pictures, this is as...With the over saturation of luxury units in high priced neighborhoods, landlords in other neighborhoods are forced to give renter concessions or drastically cut their rent below marker. Not here. Finally an opportunity to own in an area that is in high demand for quality units. This assets is selling at a verified 8.27% cap rate which falls perfectly in line with the area that trades regularly between 8-9%, often for lesser quality rehabs. Just take a quick swipe through the pictures, this is as turnkey of a performing asset as you can get. Currently 4/6 units are occupied, previously totaling $6080 of monthly revenue over the 6 residential units. With this income and lower property taxes and current mortgage rates, the property can provide a 1.45 DSCR, making it wildly appealing to secure financing via DSCR loan programs. There are no other opportunities to own this many units under one roof on the market, take this one while you can!
  1. Listed by Breyon Lenell Young • Lime House
    P: (215)-651-3872 [email protected]
  2. Listed by James J OConnor IV • Lime House
    P: (609)-513-1163 [email protected]

Property Details for 4951 West Thompson Street

Tax ID Number
442127000
Ownership
Fee Simple
Structure Type
Detached
Style
Other
Waterfront
No
Garage
No
Subdivision
CARROLL PARK
Subdivision
CARROLL PARK (PHILADELPHIA PA)

Location

Listing Courtesy of Lime House
Add your commute
LISTING UPDATED: 05/18/2025 09:42 PM

Property Details for 4951 West Thompson Street

StatusActive
MLS #PAPH2484172
Days on Market17
Taxes$2,828 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1925
Lot Size0.05 AC / 2,255 SF
CountyPhiladelphia County

Building Information for 4951 West Thompson Street

Stories-Residences4Year Built1925Building Size-Lot Size0.05 AC / 2,255 SF

Payment Calculator

$3,531 per month

30 year fixed, 6.845% Interest

Principal and Interest

$3,296

Property Taxes

$236

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4951 West Thompson Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19131 (19131)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $202,100
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $161,680
  • City Town Tax: $1,244
  • Land Assessed Value: $40,420
  • Clean Green Assessed: No
  • Land Use Code: N50
  • Zoning: CMX2
  • Zoning Dscrp: Commercial Mixed Use (Has approval for residential units with no commercial space)
  • Tax Lot: 114
  • School Tax: $1,584
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 2
  • One Bedroom Units Count: 3
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Units Leased Count: 4
  • Number Of Units Vacant: 2
  • Rent Control: Yes
Financial Information
Financial Information
  • Annual Rental Income: $6,080
  • Cap Rate: 8.27
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 20.00 x 113.00
  • Lot Dimensions Source: Estimated
  • Parcel ID: 1202293
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Accessibility Features: Level Entry - Main
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 4951 West Thompson Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4951 West Thompson Street

Taxable ValueLand$40,420Additions$161,680Total$202,100
Tax Record2024$2,829 ($236 / month)
Home Facts
Total Finished SqFt3,025 SqFtAbove Grade Finished SqFt3,025 SqFtStories3Lot Size2,255 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningCMX2CountyPHILADELPHIAAPN44-2-1270-00

Schools near 4951 West Thompson Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 9 to 12
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Widener Memorial School
PublicK to 12

Overbrook High School
Public9 to 12

Middle Years Alternative School
Public6 to 8

Girls High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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4951 West Thompson Street is a multi-family home for sale in Philadelphia, PA 19131. This property was listed for sale on May 18, 2025 by Lime House, it's currently listed at $629,000. It has been on the market for a total of 17 days and was last sold on January 18, 2024. This listing's school district is The School District of Philadelphia. Nearby schools include Widener Memorial School, Overbrook High School and Middle Years Alternative School. 4951 West Thompson Street is a 0-bed, 0-bath, 3,025 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lime House

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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