5018 W Thompson St, Philadelphia, PA 19131

Philadelphia
Local realty services provided by:ERA Reed Realty, Inc.
5018 W Thompson St,Philadelphia, PA 19131
$329,500
  • 5 Beds
  • - Baths
  • 1,650 sq. ft.
  • Multi-family
  • Active
Listed by: kyle malson
Office: homesmart realty advisors
MLS#:PAPH2647502
Source:BRIGHTMLS

Price summary

  • Price:$329,500
  • Price per sq. ft.:$199.7

About this home

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.

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Home facts

  • Year built:1925
  • Listing ID #:PAPH2647502
  • Added:2 day(s) ago
  • Updated:July 16, 2026 at 01:38 PM

Rooms and interior

  • Bedrooms:5
  • Flooring:Tile/Brick, Vinyl, Wood
  • Kitchen Description:Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Water Heater
  • Basement:Yes
  • Basement Description:Partially Finished
  • Living area:1,650 sq. ft.

Heating and cooling

  • Cooling:Ductless/Mini-Split
  • Heating:Baseboard - Electric, Electric, Heat Pump - Electric BackUp

Structure and exterior

  • Roof:Flat
  • Year built:1925
  • Building area:1,650 sq. ft.
  • Lot area:0.03 Acres
  • Lot Features:Irregular, Urban
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$329,500
  • Price per sq. ft.:$199.7
  • Tax amount:$1,127 (2026)

Features and amenities

  • Amenities:200+ Amp Service, Electric Available

Parking

  • Parking description:On Street, Public

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