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For sale
  • Price cut: $10K (7/25)
    $229,000

    2612 E Thompson St, Philadelphia, PA 19125

    3beds
    2,442sqft
    : 
    Single Family Residence
    Built in 1875
    894 Square Feet Lot
    $221,600 Zestimate®
    $94/sqft
    $-- HOA

    What's special

    Attention real estate developers and investors: this is a rare and highly sought-after opportunity you won’t want to miss! Located in the HEART OF THE POPULAR expanding Olde Richmond East neighborhood just steps from the Delaware river waterfront this property offers IMMENSE POTENTIAL for a complete rehab. With its prime location, this is an ideal project for those looking to make their mark in one of Philadelphia's most vibrant and burgeoning communities. If you're looking for your next major project this BLANK CANVAS PRESENTS ENDLESS POSSIBILITIES. Bring your creativity, vision, and expertise to transform this property into a stunning and unique corner masterpiece, just steps away from fantastic dining, local shops, and popular hotspots. This property is ready for a full renovation, offering the freedom to truly make it yours whether you’re looking to CREATE A LUXURIOUS HOME OR A LUCRATIVE INVESTMENT. Don't miss out on this rare opportunity to acquire a property with significant upside potential in one of Philadelphia's most desirable and popular neighborhoods. This is your chance to invest in a thriving area that is still growing. This is a single detached home which has been gutted with architectural plans completed for 3 bed 3 bath. Ready for contractors to begin. 18 foot wide and 3 stories with plans for a roof deck, and addition to the 3rd floor. Potential to complete underpinning to make basement ceiling 8' Plus potential for curb cut and off street parking in the back yard. Perfect for the contractor looking for the next project or the new homeowner who wants the dirty work already done! Properties on the area are being valued in the mid $500's range, new construction is going in the upper 500's low 600's... This property is a RARE corner single family DETACHED home in a popular neighborhood!!
    28 days
    on Zillow
    |
    1,760
    |
    74
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 09, 2025 at 03:18am

    Listed by:

    Melissa Purnell 267-273-3440,

    RE/MAX Access 2154002600

    Source: Bright MLS,MLS#: PAPH2517050MLS Logo
    Travel times

    Tour with a buyer's agent

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    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Living Room, Dining Room, Kitchen, Family Room, Laundry
    Dining room
    • Level: Main
    Family room
    • Level: Lower
    Kitchen
    • Level: Main
    Laundry
    • Level: Lower
    Living room
    • Level: Main
    Heating
    • None, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    • Laundry: In Basement, Laundry Room
    Features
    • Open Floorplan, Other
    • Basement: Other,Partial,Full,Exterior Entry
    • Has fireplace: No
    Interior area
    • Total structure area: 2,442
    • Total interior livable area: 2,442 sqft
    • Finished area above ground: 2,021
    • Finished area below ground: 421

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Pool features: None
    • Has view: Yes
    • View description: City
    Lot
    • Size: 894 Square Feet
    • Dimensions: 18 x 48
    • Features: Corner Lot, Corner Lot/Unit
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 312125200
    • Zoning: RSA5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Masonry, Brick
    • Foundation: Slab
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1875

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Subdivision: Port Richmond
    HOA
    • Has HOA: No
    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Financial & listing details

    • Price per square foot: $94/sqft
    • Tax assessed value: $222,500
    • Annual tax amount: $3,115
    • Date on market: 7/15/2025
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash
    • Ownership: Fee Simple
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