518 W MONTGOMERY AVENUE #5PHILADELPHIA, PA 19122

Condo · 2 Beds · 2 Full Baths · 1,276 Sq. ft.
$285,000 ACTIVE

518 W MONTGOMERY AVENUE #5 Overview

Time on Site:
75 days
Visits:
1

With about 5 years remaining on the tax abatement, this oversized modern unit delivers a great mix of space, style, and practicality. You can enter through the shared hallway or take advantage of your own private rear entrance, which opens into a bright, airy living and dining area with dark hardwood floors and a true open-concept layout. The living space is generously sized, giving you plenty of room to set up a full seating area without feeling tight, and the natural light really makes it feel inviting and comfortable. It flows seamlessly into the kitchen, making it an ideal setup for everyday living or entertaining. The kitchen itself is built for both cooking and hosting, featuring quartz countertops, a large island with seating, and plenty of cabinet space for storage. Downstairs, you'll find high ceilings throughout, along with a Samsung washer and dryer, a nicely sized first bedroom with an egress window and walk-in closet, a full hall bath and linen storage. The second bedroom serves as generous primary suite complete with a built-in closet, french doors leading to an outdoor space, and its own full bathroom. Tucked away in the rear of the building, the unit offers a quiet, private feel, with southern exposure bringing in great natural light all day. From an investment standpoint, this property checks a lot of boxes—remaining tax abatement, strong rental demand, and steady appreciation in the area. The location puts you right in the mix, with easy access to shopping, restaurants, and public transit, plus you're just a short walk to Fishtown, Temple University, Northern Liberties, and the Market-Frankford Line at Berks Station.

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518 W MONTGOMERY AVENUE #5 Facts & Features

  • Type Condo
  • Sq. ft. 1,276
  • Price/Sq.ft. $223

Details

General

Association/HOA

  • Association Fee: $304.00
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Condo/Coop Association: No

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 1276
  • Year Built: 2019

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19122 (19122)
  • Subdivision Name: OLDE KENSINGTON

Parking Information

  • Total Parking Spaces: 0
  • Type of Parking: None

Tax Information

  • City/Town Tax: 206.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax Payment Frequency: Annually
  • School Tax: 263.00
  • Tax Annual Amount: $470.00
  • Tax Assessed Value: 33600.00
  • Tax Year: 2025

General Information

  • Property Type: Residential
  • School District Name: PHILADELPHIA CITY
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2026
  • Zoning: RM-1

Interior

Building Information

  • Cooling Fuel: Natural Gas
  • Heating Fuel: Natural Gas

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 2

Building Exterior/Construction

  • Structure Type: Unit/Flat/Apartment

Building Interior

  • Above Grade Finished Area: 1276
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: Yes
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: 2+ Access Exits
  • Cooling: Central A/C
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Hardwood
  • Levels: 2
  • Living Area: 1276
  • Living Area Source: Assessor

Unit Information

  • Unit Number: 5

Exterior

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Traditional
  • Construction Materials: Masonry

General Information

  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

518 W MONTGOMERY AVENUE #5 Neighborhood

Community

19122 (PHILADELPHIA) Demographics

28
Median Age
16,599
Population Density (per sq. mile)
36%
College Educated
$44,758
Estimated Median Income
2,844
Estimated Total Home Owners
3,955
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

518 W MONTGOMERY AVENUE #5 Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

518 W MONTGOMERY AVENUE #5 Market Data

Based on the last 30 days in this zip code

$443,313
Average List Price
$255
Average Price per Square Foot
19
Properties Sold
101
Average Days on Market
134
Properties for Sale
Calculations provided by Reliance Network

518 W MONTGOMERY AVENUE #5 History

Date Event Value Agent
6/9/2026Source: BRIGHT MLS Added to Database
June 09, 2026
4/15/2026Source: BRIGHT MLS Added to Database
April 15, 2026
12/3/2024Source: BRIGHT MLS Price Reduction
$1,800 -6.5%
12/3/2024Source: BRIGHT MLS Status Change
PENDING
12/3/2024Source: BRIGHT MLS Status Change
CLOSED
12/3/2024Source: BRIGHT MLS Added to Database
July 24, 2023
Listing provided courtesy of KW Empower- MLS# PAPH2607346MLS ProviderContact Information: [email protected] - 2156273500