506 W Master St, Philadelphia, PA 19122 | For Sale

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For Sale $475,000 ($242.97 per Sq Ft)

$475,000 ($242.97 per Sq Ft)
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • 1,955 Sq Ft
  • 918 Sq Ft
Brochure

Description

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $475,000
Property Type Duplex (2-units)
Usable Sqft 1,955
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 2015
Last Sold Unknown
Sold Price Unknown
APN # 885177120
MLS # PAPH2514750
Property ID 295005520
Lot Sqft 918
Zoning RSA5
Total Units 2
Days on Market 161
Original List Price Unknown
Date Updated November 19, 2025
Date Created July 09, 2025

Listing Provided By

Lindsey Toconita an agent of . Lic #RS343604


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Data last updated: December 17, 2025.
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