Great opportunity to own a 4 Unit Corner building (over 3,400 sf.) in prime Society Hill location. Corner spacious studio flooded with light rented for $1,100; Bilevel unit 1 bed/ 1.5 baths recently vacant was rented for $1325; second floor 1 bed/ 1 bath rented for $1,300. Rents are below market. Unit 4 needs to be completely rebuilt offering flexible layout and huge potential for value add investors or developers. It is almost 1700 sf of space and would make an ideal owners unit occupying the top two floors of the building- plans available to make a 3 bedrooms/2.5 bath bright corner unit with windows on two sides, laundry, in unit, spacious open kitchen, plus roof access for fabulous city views and potential for a roof deck. - All UTILITIES SEPARATED - Tenants pay own electric and gas. 4 gas furnaces and 4 newer gas hot water heaters (2018, 2019, 2021, 2021) plus one for laundry. Landlord pays only cold water and common electric. Low vacancy and always easy to rent in this Premier location. Coin op washer and dryer in basement provides additional $1,000 yearly income. Convenient to hospitals, restaurants, shops, with easy access to NJ, plus McCall Elementary catchment. Taxes and square footage are buyers responsibility to verify.
Listed by Stephanie M MacDonald
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License #RS293086
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Compass Pennsylvania, LLC
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6102461048
Last updated April 26, 2026
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Source: BrightMLS #PAPH2612706
Listing Facts
TypeMulti-family
NeighborhoodSociety Hill
Days on Prevu6
Taxes$11,786/year
Size3,424 sqft
Price per sqft$263
Amenities
Washer/Dryer
Location
Mortgage Calculator
Listing History
04/25/2026
Listed by Compass Pennsylvania, LLC
$899,000
Property Details for 502 S 4TH Street
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Roof: Rubber, Flat
Stories Total: 4
Year Built: 1920
Architectural Style: Dwelling With Rental, Unit/Flat, Bi-level
Construction Materials: Brick
Exterior Features: Exterior Lighting, Sidewalks, Street Lights
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 502 S 4TH Street.
What schools are nearby to 502 S 4TH Street?
Nearby schools include the GENERAL GEORGE A. MCCALL Elementary School.
What are the annual taxes for 502 S 4TH Street?
Annual taxes for this multi-family home are estimated at $11,786.
How does 502 S 4TH Street compare to other multi-family homes in Society Hill?
This multi-family home is listed 21% below the average price for multi-family homes in Society Hill and has been on the market for 152 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 3,424 sqft.
502 S 4TH Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19147. Listed on Prevu for 6 days at $899,000. This residence features 3,424 square feet of living space, located in Society Hill. The median listing price for multi-family homes in this area is $999,500. Nearby schools include GENERAL GEORGE A. MCCALL Elementary School. Additional amenities include washer. Browse more multi-family home listings in Philadelphia.
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