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Mixed-Use Property in Philadelphia

1539 W THOMPSON Street, Philadelphia, PA 19121

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For Sale

$500,000

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property size:

2,010 SF

Lot size:

0.02 Acres

Price / SF:

$248/SF

HighLights

1982‑built masonry property with central air and forced‑air heating plus hot water (heating)
Includes stainless steel appliances: dishwasher, microwave, self‑cleaning oven, refrigerator, stove, washer, dryer, plus freezer
Parking includes driveway, off‑street and on‑street options, and the property has a fenced yard
Main level currently set up as a hair salon with bedroom, bath and laundry room, with access to the backyard
Upper level has two large bedrooms and a large kitchen with wall‑to‑wall cabinets, plus an enclosed deck off the kitchen
Includes a large unfinished basement and a separate extra‑large lot for sale at 1538 W. Seybert St with a gated entry and electric gate opener

We can help!

Listing Contact

Evelyn R Woodley

For Sale

$500,000

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property size:

2,010 SF

Lot size:

0.02 Acres

Price / SF:

$248/SF

Added:: Jul 27, 2025
Days on Market:: 323
Last Refresh:: Jun 14 at 4:06 am

Property Features for 1539 W THOMPSON Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Parking: 6
Parking features: Off Street, Fenced, Driveway, On Street
Appliances: Dishwasher, Dryer, Freezer, Microwave, Oven - Self Cleaning, Stainless Steel Appliances, Refrigerator, Stove, Washer
Standard status: Active
Size: 2,010 SF
Lot size: 0.02 Acres

Taxes and HOA fees

Tax Annual Amount: 4442

Utilities

Heating system: Forced Air, Hot Water(Heating)
Cooling system: Central Air

Building Details

Year built: 1982
Number of units: 2
Building materials: Masonry
Architectural style: Other

We can help!

Listing Contact

Evelyn R Woodley

Listing agent Evelyn R Woodley License #RS219647L

Listing office Chennault Real Estate Inc 5135 Haverford Avenue, Philadelphia, PA

Listing date Jul 27, 2025

MLS# PAPH2517430 Listing URL

HighLights

1982‑built masonry property with central air and forced‑air heating plus hot water (heating)
Includes stainless steel appliances: dishwasher, microwave, self‑cleaning oven, refrigerator, stove, washer, dryer, plus freezer
Parking includes driveway, off‑street and on‑street options, and the property has a fenced yard
Main level currently set up as a hair salon with bedroom, bath and laundry room, with access to the backyard
Upper level has two large bedrooms and a large kitchen with wall‑to‑wall cabinets, plus an enclosed deck off the kitchen
Includes a large unfinished basement and a separate extra‑large lot for sale at 1538 W. Seybert St with a gated entry and electric gate opener

Overview

This mixed-use property, located in a sought-after area of Philadelphia, presents an investment opportunity. Zoned for mixed-use, the property offers flexibility for various business ventures or conversion to apartments. The main level features a hair salon with a bedroom, bath, and laundry room, providing access to the backyard. The property includes an extra-large lot, available for separate purchase, suitable for constructing another house. The upper level comprises a living room, dining room, bathroom, and a large kitchen equipped with wall-to-wall cabinets and a dishwasher. An enclosed deck extends from the kitchen, offering an outdoor space. Two large bedrooms with closet space are located on the upper level. Central air conditioning is installed. The property also has a large unfinished basement. The location is within walking distance of Temple University and St. Joe Prep, with proximity to downtown. The property is being sold as-is. The property is zoned mixed-use, allowing for a business on the first floor with residential space above, presenting a potential income-generating opportunity. The property size is 2010 square feet and the lot size is 0.0204 acres.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$61.0k	$30.36
− Vacancy	−$3.5k	−$1.76
EGI	$57.5k	$28.60
− OpEx	−$25.9k	−$12.87
NOI	$31.6k	$15.73

2,010 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$451.7K

$395.2K – $526.9K (±1% cap)

NOI $31,616 @ 7.0% cap · market cap 6.32%

Second Best

Mixed Use

$341.1K

$298.5K – $398.0K (±1% cap)

NOI $23,879 @ 7.0% cap · market cap 4.78%

Theoretical Best

Multifamily LT 5

$490.0K

$428.8K – $571.7K (±1% cap)

NOI $34,300 @ 7.0% cap · market cap 6.86%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

LSW Hair Design Nail Salon

Suggested Use

Location Insight

Map
Local Demand

City: Philadelphia
County: Delaware
State: Pennsylvania
Longitude: -75.1618729
Latitude: 39.9737015

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For sale
Mixed-use properties
PA
Philadelphia
19121
1539 W THOMPSON Street

What type of property is this?

Mixed-use property - Mixed-use property with business potential and residential space.

Where is this mixed-use property located?

The property is located at 1539 W THOMPSON Street Philadelphia, PA.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: 1982‑built masonry property with central air and forced‑air heating plus hot water (heating); Includes stainless steel appliances: dishwasher, microwave, self‑cleaning oven, refrigerator, stove, washer, dryer, plus freezer; Parking includes driveway, off‑street and on‑street options, and the property has a fenced yard

1539 W THOMPSON Street, Philadelphia, PA 19121

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Features for 1539 W THOMPSON Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Freestanding Single-Story Retail Building

Freestanding Office Building on Corner

Restaurant Opportunity in Philadelphia, PA

Medical Office Building with Parking

Iconic East Falls Cornerstone Building

Industrial Garage-Style Property Package

Mixed-Use Brownstone with Storefront

Prime Philadelphia Retail Opportunity

Mixed-Use Building with Two-Level Layout

Turnkey Three-Story Building with Elevator

Triplex with Central Air Units

Turnkey Triplex with Tax Abatement

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