506 W Master St, Philadelphia, PA 19122
Local realty services provided by:CENTURY 21 Harbor Realty
506 W Master St,Philadelphia, PA 19122
$495,000
- 4 Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: lindsey toconita
Office: kurfiss sotheby's international realty
MLS#:PAPH2514750
Source:BRIGHTMLS
Sorry, we are unable to map this address
Price summary
- Price:$495,000
About this home

Welcome to 506 Master Street, a modern duplex in the Ludlow section of Kensington, directly across from Cruz Playground and just a short walk to the shops and restaurants along Girard Avenue. Built in 2015, this turnkey property offers a perfect opportunity for an owner-occupant to offset their mortgage with rental income while enjoying the benefits of a booming neighborhood with significant nearby development. The lower unit (905 sq ft) features 2 bedrooms, 1 full bath, and a private rear yard perfect for outdoor entertaining or gardening. The upper unit (1,050 sq ft) also offers 2 bedrooms and 1 full bath, with large windows flooding the space with natural light. Both units feature hardwood floors, spacious layouts, separate laundry, and updated finishes that make moving in or leasing seamless. Additional highlights include: solar panels on the roof for energy savings, separate utilities for each unit, delivered fully vacant for immediate rental or occupancy flexibility. Previously rented at $1,650/month for the upper unit with potential for $2,000/month+ in today's market and $1,450/month for the lower unit with potential for $1,800/month+. Whether you’re looking to build wealth or expand your investment portfolio with a low-maintenance property, 506 Master Street offers the ideal blend of location, modern construction, and long-term upside in a rapidly developing area. Don’t miss your chance to own a move-in-ready duplex across from a beautiful park in the heart of Kensington....
Contact an agent
Home facts
- Year built:2015
- Listing ID #:PAPH2514750
- Added:246 day(s) ago
- Updated:March 14, 2026 at 10:36 AM
Rooms and interior
- Bedrooms:4
Heating and cooling
- Cooling:Central A/C
- Heating:90% Forced Air, Natural Gas
Structure and exterior
- Year built:2015
- Architectural Style:Traditional
- Construction Materials:Brick, Metal Siding
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$495,000
- Tax amount:$1,080 (2024)
Parking
- Parking description:On Street
New listings near 506 W Master St
- New
$94,900Active5 beds 3 baths1,915 sq. ft.2431 N 19th St, PHILADELPHIA, PA 19132
MLS# PAPH2593218Listed by: ELFANT WISSAHICKON-MT AIRY - New
$254,000Active3 beds 2 baths840 sq. ft.2046 Bellevue St, PHILADELPHIA, PA 19140
MLS# PAPH2586142Listed by: REALTY MARK ASSOCIATES - KOP
$349,900Pending3 beds 2 baths1,960 sq. ft.10824 E Keswick Rd, PHILADELPHIA, PA 19154
MLS# PAPH2582168Listed by: KELLER WILLIAMS REAL ESTATE TRI-COUNTY- New
$225,000Active3 beds 1 baths1,206 sq. ft.6354 Jackson St, PHILADELPHIA, PA 19135
MLS# PAPH2594010Listed by: KW EMPOWER - Open Sat, 1 to 3pmNew
$320,000Active3 beds 2 baths1,086 sq. ft.460 Robbins St, PHILADELPHIA, PA 19111
MLS# PAPH2594170Listed by: KELLER WILLIAMS REAL ESTATE-LANGHORNE - New
$525,000Active4 beds 3 baths1,924 sq. ft.1622 S 15th St, PHILADELPHIA, PA 19145
MLS# PAPH2594174Listed by: EXCEED REALTY - New
$229,900Active3 beds 2 baths1,170 sq. ft.1814 Penfield St, PHILADELPHIA, PA 19126
MLS# PAPH2594180Listed by: EVERETT PAUL DOWELL REAL ESTAT - Coming Soon
$225,000Coming Soon2 beds 1 baths1926 E Birch St, PHILADELPHIA, PA 19134
MLS# PAPH2594184Listed by: KW EMPOWER - New
$219,000Active3 beds 3 baths900 sq. ft.5101 Hawthorne St, PHILADELPHIA, PA 19124
MLS# PAPH2594192Listed by: QUALITY REAL ESTATE-BROAD ST - New
$309,900Active5 beds 4 baths2,412 sq. ft.6209 Carpenter St, PHILADELPHIA, PA 19143
MLS# PAPH2594196Listed by: REAL OF PENNSYLVANIA