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506 W Master St, 
Philadelphia, PA 19122

$575,000


4

Beds


Bath


1,955

Sq Ft


Multi-Family

Active

Listed by

Lindsey Toconita

Kurfiss Sotheby'S International Realty

Last updated:

July 16, 2025, 01:27 PM

MLS#

PAPH2514750

Source:

BRIGHTMLS

About This Home

506 W Master St

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.

Home Facts

Multi-Family

4 Bedrooms

Built in 2015

Price Summary

575,000

$294 per Sq. Ft.

MLS #:

PAPH2514750

Last Updated:

July 16, 2025, 01:27 PM

Added:

6 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4


Structure

Structure

Architectural Style:

Traditional

Building Area:

1,955 Sq. Ft.

Year Built:

2015


Lot

Lot Size (Sq. Ft):

871


Finances & Disclosures

Finances

Price:

$575,000

Price per Sq. Ft:

$294 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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