For SaleTownhome

$480,000

Renovated 4-Bed, 3-Bath Townhome in Passyunk Square

716 Ellsworth Street, Philadelphia, Pennsylvania 19147, United States

Updated 1900 masonry home steps from Italian Market and Passyunk Avenue

4

Beds

3

Baths

1,506

Sq Ft

1900

Built

0.02 acres

Lot

Renovated kitchen with new appliancesUpdated bathroomsHardwood floors throughout principal rooms1,506 SF — 4 bedrooms, 3 bathsCentral AC and forced-air gas heatUnfinished basement with finishing potentialAssessed value $500,700 (2024) — steady neighborhood appreciation

About This Home

716 Ellsworth Street is a three-story masonry townhome that pairs turn-of-the-century bones with thoughtful modern updates. With a narrow 14.5-foot frontage and 1,506 square feet of living area, this 4-bedroom, 3-bath house makes exceptionally efficient use of space: hardwood floors run through the principal rooms, and recent renovations concentrate where they matter most — the kitchen and baths.

The renovated kitchen features new appliances and a clean, contemporary palette that complements the home’s original scale. Updated bathrooms reduce near-term maintenance while preserving the home’s classic proportions. Central AC and forced-air gas heat enhance year-round comfort across three stories, and an unfinished basement offers practical storage or room to build out additional living space in the future.

Located on a quiet block in Passyunk Square, the property sits within easy walking distance of two of the neighborhood’s biggest draws: Passyunk Avenue’s restaurant corridor (about 0.2 miles) and the Italian Market (about 0.3 miles). Capitolo Playground and other local green pockets are under a half-mile away, and Center City is a short 10-minute commute — making this an attractive option for buyers who want urban conveniences without the Center City price tag.

Practical details accentuate the investment case: the home is owner-occupied with recent upgrades completed, assessed at $500,700 (2024) and showing solid comparable sales nearby. On-street parking and a level lot of approximately 735 square feet reflect the neighborhood’s rowhome character. The balance of historic charm, modern systems, and proximity to dining and markets gives this property strong appeal to young professionals, couples, or small families seeking a walkable South Philadelphia address.

Buyers should note the property’s RSA-5 zoning, the un-finished basement opportunity, and the opportunity to personalize additional living areas. With a market estimate midpoint near $480,000 and steady neighborhood appreciation over the past five years, 716 Ellsworth represents both an immediate urban lifestyle and longer-term value in one of the city’s most walkable pockets.

Property Features

Interior Features

  • 4 bedrooms, 3 bathrooms across three stories
  • Hardwood floors throughout principal rooms
  • Renovated kitchen with new appliances
  • Updated bathrooms
  • Unfinished basement — storage or future finish
  • Central air conditioning
  • Forced-air gas heating

Exterior & Lot

  • Masonry construction with flat roof
  • Lot size: 735 sq ft (approx.)
  • 14.5 ft frontage on Ellsworth Street
  • Level topography
  • On-street parking available
  • No garage

Location & Neighborhood

  • Passyunk Square neighborhood — vibrant dining and retail
  • 0.2 mi to Passyunk Avenue restaurant corridor
  • 0.3 mi to the Italian Market
  • Capitolo Playground ~0.4 mi
  • 10-minute commute to Center City
  • Walkability Rating ~85/100

Walkability & Recreation

  • Walkability Rating: 85/100 — Very Walkable
  • Nearby parks and neighborhood playgrounds (Capitolo Playground ~0.4 mi)
  • Short walks to Passyunk Avenue and Italian Market for errands and dining
  • Close proximity to schools and local retail corridors
  • Community recreation options within a short walk

Neighborhood

Passyunk Square is one of South Philadelphia’s most walkable neighborhoods, celebrated for its lively dining scene on Passyunk Avenue and the historic Italian Market. Residents enjoy short walks to specialty grocers, cafes, and a strong roster of neighborhood restaurants. The area attracts young professionals and families who value convenience to Center City (about a 10-minute trip), local parks, and an active street life. Community-oriented with frequent neighborhood events, Passyunk Square blends city energy with a block-by-block neighborly feel.

Market Insights

Passyunk Square is currently a balanced market that favors timely decisions rather than long delays. Inventory hovers around 2.5 months and homes in the neighborhood average roughly 30 days on market — indicating reasonable buyer demand without the intensity of a tight seller’s market. Median sale prices for the area sit near $475,000 with one-year appreciation of about 5% and five-year appreciation around 20%, reflecting steady, healthy growth driven by walkability and dining corridors. Single-family townhomes and attached rowhomes in this pocket typically move faster than larger suburban properties; recent comps within 0.1 mile show closings clustered between $460K and $500K. For buyers, this environment means good selection and negotiation room if you’re prepared with financing; for sellers, well-presented homes that are updated — particularly kitchens and baths — continue to command top interest. Given the property’s renovations, central AC, and proximity to Italian Market and Passyunk Avenue, now is a solid time to consider ownership or rental conversion targeting urban professionals.

Nearby Schools

Vare-Washington Elementary School

Elementary

6/10

Vare-Washington Elementary School

Middle

6/10

Furness Horace High School

High

3/10

South Philadelphia High School

High · 0.5 mi

Walkability & Recreation

85
Walkability
80
Recreation

Very good neighborhood recreation access: short walks to Capitolo Playground and neighborhood parks, plus immediate access to Passyunk Avenue and the Italian Market for active street life and daily errands.

Property Overview

716 Ellsworth Street is a 4-bedroom, 3-bathroom townhome built in 1900 with 1,506 SF of living space on a 735 SF lot in Philadelphia's vibrant Passyunk Square neighborhood. The property features hardwood floors, a renovated kitchen with new appliances, and updated bathrooms, blending historic charm with modern conveniences.

The home underwent significant renovations, including a kitchen update with new appliances and bathroom remodels, enhancing its appeal and functionality. The unfinished basement offers potential for additional storage or future finishing.

From a valuation perspective, comparable sales in Passyunk Square suggest a current fair market value of $460,000–$500,000, with a midpoint estimate of $480,000 ($319/SF). The owners purchased in 2024 for $450,000, indicating a modest appreciation in value. The current assessed value of $500,700 aligns closely with market estimates.

Passyunk Square is a sought-after neighborhood known for its walkability, diverse dining options, and proximity to the Italian Market. The area has experienced a 20% increase in median home values over the past five years, driven by demand from young professionals and families. The neighborhood's Walkability Rating is estimated at 85/100, reflecting its pedestrian-friendly environment.

Overall, this property represents a solid investment in a desirable location with recent updates that reduce near-term maintenance concerns. Potential buyers should consider the property's size and layout in relation to their needs and verify any zoning regulations for future modifications.

Investment Highlights

  • Renovated kitchen and bathrooms enhance appeal and functionality
  • Passyunk Square — 20% appreciation in median home values over 5 years
  • Walkable to Italian Market and Passyunk Avenue dining — Walkability Rating ~85/100
  • Proximity to parks and schools adds to family-friendly appeal
  • Unfinished basement offers potential for additional space

Key Findings

  • Assessed value $500,700 (land $100,140, improvements $400,560) — annual taxes $7,009
  • Zoned RSA-5 — suitable for single-family residential use
  • Comparable sales within 0.1 miles in last 12 months range $460K–$500K
  • Average days on market in Passyunk Square: 30 days (balanced market)

Things to Consider

  • Built in 1900 — potential for aging infrastructure requiring inspection
  • Limited lot size may restrict outdoor space
  • High school ratings are lower, which may impact family buyer interest

Opportunity Analysis

Renovated townhome in a desirable, walkable neighborhood with steady appreciation. Recent updates reduce maintenance concerns, and the location offers strong lifestyle appeal.

Potential Use Scenarios

  • Potential primary residence in a vibrant community
  • Long-term investment with steady appreciation potential
  • Rental property targeting young professionals seeking urban living

Risk Factors

  • Aging infrastructure may require future maintenance
  • Limited outdoor space due to small lot size
  • Lower high school ratings may deter some family buyers

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$460K

Midpoint

$480K

High

$500K

$319/SF estimated price per square foot

82% confidence

Sales comparison approach using 3 comparable sales within 0.1 miles sold in last 12 months. Adjusted for size, condition, and bedroom count. Assessed value of $500,700 aligns with market estimate.

As of 2026-03-06

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$475,000
Avg Days on Market30 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)25,000
Median Income (1 mi)$65,000

Passyunk Square median home values increased 20% from 2020-2025. Strong demand from young professionals and families. Walkability Rating estimate: 85/100.

Nearby Points of Interest

  • Italian Market (0.3 mi)
  • Passyunk Avenue Restaurants (0.2 mi)
  • South Philadelphia High School (0.5 mi)
  • Capitolo Playground (0.4 mi)

Walkable to Italian Market and Passyunk Avenue dining. Close to parks and schools. 10 min to Center City Philadelphia.

School District

DistrictThe School District of Philadelphia
ElementaryVare-Washington Elementary School (6/10)
MiddleVare-Washington Elementary School (6/10)
HighFurness Horace High School (3/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1900
Constructionmasonry
Stories3
Roofflat
Heatingforced air gas
Coolingcentral AC
Basementunfinished
FireplaceNo
Conditiongood

Lot & Site

Lot Size0.0169 acres (735 SF)
Topographylevel
Parkingon_street
Parking Spaces0
Frontage14.5 ft frontage on Ellsworth Street

Utilities

Watermunicipal
Sewermunicipal
ElectricPECO Energy
GasPhiladelphia Gas Works

Zoning & Land Use

Zoning CodeRSA-5
DescriptionResidential Single-Family Attached-5
JurisdictionCity of Philadelphia

Allowed Uses

single familyhome occupation
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$500,700
Land$100,140
Improvements$400,560
Annual Tax (2024)$7,009

Sale History

2024-03-19$450,000

$299/SF

Arm's length transaction

2015-05-28$350,000

$232/SF

Arm's length transaction

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