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245 S 3rd StreetPhiladelphia, PA 19106

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$1,485,000

Smart Buyer Rebate $14,850

There are few addresses in Philadelphia where architecture and history meet as seamlessly as they do at 245 S 3rd Street.

In the late 1950s, the City of Philadelphia handed architect I.M. Pei one of the most consequential urban design commissions in American history: the transformation of a derelict food market at the edge of Society Hill into a new model for city living. Pei, the architect who would later stun Paris with the Louvre Pyramid, reshape the National Mall with the East Building of the National Gallery of Art, and reimagine the Hong Kong skyline with the Bank of China Tower, designed this home.

Pei's solution for Society Hill was a masterwork of urban intelligence. He positioned his trio of soaring concrete towers close to the Delaware River, then designed a series of three-story townhouses — planned around private courtyard quadrangles — to create a seamless, unhurried transition from his modernist towers to the colonial row houses of one of America's oldest neighborhoods. The result earned the AIA Honor Award in 1965 and a place in the Museum of Modern Art's landmark exhibition "Modern Architecture, USA" that same year. Architectural historians regard it as one of the defining achievements of postwar American urbanism.

Step through the deep-set arched entryway — a signature Pei gesture that frames the threshold as a moment of arrival — and the architecture takes over. Flemish bond brick, laid with the precision Pei demanded of every project, meets interior oak floors and oak casework that have only deepened in warmth over six decades. Blackened steel details punctuate the palette with characteristic modernist restraint. At the top of the home, clerestory windows — a deliberate echo of the gridded concrete facades of the towers above — draw light down through the full height of the house, morning to evening, season to season. And beyond the rear of the home, your own private courtyard: enclosed by brick walls and iron gates, designed to turn away from the city and toward calm — the kind of protected stillness that makes urban living genuinely livable. Just beyond, an assigned parking space positioned directly adjacent to the courtyard offers a rare level of convenience and privacy in this setting.

Homes of genuine architectural pedigree are rare at any price. A home designed by a Pritzker Prize laureate, part of a project in the MoMA permanent record, in one of the country's most celebrated historic neighborhoods, is an opportunity that seldom presents itself.

Listed by Marion C Dinofa

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License #RS287367

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Compass Pennsylvania, LLC

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6109141144

Last updated May 02, 2026

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Source: BrightMLS #PAPH2615988

Listing Facts

  • TypeSingle-family
  • NeighborhoodSociety Hill
  • Bedrooms3
  • Bathrooms5
  • HOA/Maint. Fees$600/year
  • Taxes$16,860/year
  • Size2,520 sqft
  • Price per sqft$589

Location

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Property Details for 245 S 3rd Street

Association

Fees

  • Association Fee: $600.00 Annually
  • Association Fee Includes: Common Area Maintenance, Snow Removal, Insurance

Exterior

Construction

  • New Construction: No
  • Year Built: 1963
  • Architectural Style: Mid-Century Modern, Contemporary
  • Construction Materials: Brick

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.03
  • Lot Size Dimensions: 20
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,345
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $16,860.00
  • Tax Year: 2026

Interior

Features

  • Fireplace: Yes
  • Fireplaces Total: 1
  • Interior Features: Dining Area

Measurements

  • Living Area: 2,520
  • Living Area Source: Assessor

Rooms

  • Basement: Full, Partially Finished
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 2
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 3

Other

General

  • Senior Community: No

Location

  • Subdivision Name: SOCIETY HILL
  • Tax Lot: 1602

Parking

Parking

  • Garage: No
  • Parking Features: Assigned

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 3 bedrooms and 5 bathrooms in this single-family home at 245 S 3rd Street.

What are the annual taxes for 245 S 3rd Street?

Annual taxes for this single-family home are estimated at $16,860.

How does 245 S 3rd Street compare to other single-family homes in Society Hill?

This single-family home is listed 3% below the average price for single-family homes in Society Hill and has been on the market for 158 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 2,520 sqft.

245 S 3rd Street is a 3-bedroom, 5-bath single-family home for sale in PHILADELPHIA PA 19106. This residence features 2,520 square feet of living space, located in Society Hill. The median listing price for single-family homes in this area is $999,500. Browse more single-family home listings in Philadelphia.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.