Come see this investment opportunity on a well developed South Philadelphia block. This home is being sold "as is". Two story home that needs work completed throughout. Schedule an appointment through Showingtime.
TownhomeProperty Type
1925Year Built
768 sq ftLot Size
$152Est. Price/Sq.Ft.
Listed by Joshua Ellis• Compass RE
•610-947-0408 (broker)
•kenenochs@compass.com (broker)
Bought with Mike Mai• Prosperity Real Estate & Investment Services
•866-327-7673 (broker)
•kirk@prosperityreis.com (broker)
Source:BRIGHT MLS #PAPH2030226
Redfin Estimate
$182,803
$23K since sold in January 2022$13K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 14.1% lower than the average sale price ($213K) of 6 comparable homes.
Come see this investment opportunity on a well developed South Philadelphia block. This home is being sold "as is". Two story home that needs work completed throughout. Schedule an appointment through Showingtime.
Year
Property tax
Land + Additions
Assessment*
2026
$2,651
$37,880 + $151,520
$189,400
2025
$2,651 (+312.6%)
$37,880 + $151,520
$189,400
2024
$643
$44,760 + $179,040
$223,800
2023
$643
$44,760 + $179,040
$223,800
2022
$643
$30,225 + $164,775
$195,000
2021
$643
$30,225 + $164,775
$195,000
2020
$643
$30,225 + $164,775
$195,000
2019
$643
$27,900 + $152,100
$180,000
2018
$643
$18,321 + $99,879
$118,200
2017
$642 (−61.9%)
$18,321 + $99,879
$118,200
2015
$1,686
$11,443 + $114,357
$125,800
2014
$1,685 (+252.2%)
$11,443 + $114,357
$125,800
2013
$478 (+3.6%)
$1,258 + $3,638
$4,896
2012
$462 (+3.9%)
$1,258 + $3,638
$4,896
2011
$445 (+9.9%)
$1,258 + $3,638
$4,896
2010
$405
$1,258 + $3,638
$4,896
Tax history for 724 Mercy St
Year
Property tax
Land + Additions
Assessment*
2026
$2,651
$37,880 + $151,520
$189,400
2025
$2,651 (+312.6%)
$37,880 + $151,520
$189,400
2024
$643
$44,760 + $179,040
$223,800
2023
$643
$44,760 + $179,040
$223,800
2022
$643
$30,225 + $164,775
$195,000
2021
$643
$30,225 + $164,775
$195,000
2020
$643
$30,225 + $164,775
$195,000
2019
$643
$27,900 + $152,100
$180,000
2018
$643
$18,321 + $99,879
$118,200
2017
$642 (−61.9%)
$18,321 + $99,879
$118,200
2015
$1,686
$11,443 + $114,357
$125,800
2014
$1,685 (+252.2%)
$11,443 + $114,357
$125,800
2013
$478 (+3.6%)
$1,258 + $3,638
$4,896
2012
$462 (+3.9%)
$1,258 + $3,638
$4,896
2011
$445 (+9.9%)
$1,258 + $3,638
$4,896
2010
$405
$1,258 + $3,638
$4,896
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
RSA-5
/NIS
Residential Single-Family Attached-5
The RSA, Residential Single-Family Attached districts are primarily intended to accommodate attached and semi-detached houses on individual lots, but may be applied in areas characterized by a mix of housing types, including detached houses. The districts are also intended to provide a density transition between RSD districts and RM districts. The Zoning Code includes five RSA districts that are differentiated primarily on the basis of minimum lot area requirements.
Zone overlays
Narcotics Injection Sites Overlay District
Permitted uses
Include but are not limited to:
Assembly / meeting place
Garden center
Housing-Single unit
Fire house
Police station
Recreation-Other
Aug 21, 2026 • Final
Electrical
Install a new electrical service panel and interior wiring. Install hard-wired smoke detectors in an unfinished basement.
Addition
Remodel
Aug 21, 2026 • Final
Mechanical / fuel gas
Work on a mechanical and fuel gas system.
Addition
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Type: Unfinished
Heating & Cooling
Heating Type: Hot Air
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Average
Exterior Wall: Brick
View Information
View: Typical
Property Information
Living Sq. Ft: 1,200
Building Sq. Ft: 1,200
# of Stories: 3
Legal Description: 201' W OF 7TH ST; LOT 16'X48'
Lot Information
# of Buildings: 1
Land Sq. Ft: 768
Legal Lot Number: 316
Legal Block Number: 16S7
Municipality Name: PHILADELPHIA
Acres: 0.0176
Depth Footage: 48
Front Footage: 16
Zoning Code: RSA5
County Use Description: RES-ROW (3 OR MORE), 3 STORIES
Location Information
Parcel Location Influence: Interior
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,200
Stories: 3.0
Lot Size: 768 square feet
Style: Townhouse
Year Built: 1925
Year Renovated: —
County: Philadelphia County
APN: 393048400
Home facts updated by county records on Oct 20, 2026
Around this home
Schools
Southwark School
Public PreK-8 • Assigned • 0.2mi
6/10
South Philadelphia High School
Public PreK-12 • Assigned • 0.6mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Philadelphia, PA • 19148
Average low and high temperatures (°F)
37
24
41
28
59
39
68
48
74
57
84
66
89
72
83
64
80
63
69
51
57
43
43
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$174,000 – $211,000
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