1016 Federal St Philadelphia, PA 19147
Passyunk Square NeighborhoodEstimated payment $3,824/month
Total Views
1,170
--
Bed
--
Bath
1,812
Sq Ft
$329
Price per Sq Ft
About This Home
Welcome to this fully occupied triplex, ideally situated in the vibrant Passyunk Square neighborhood. This income-producing property features three one-bedroom, one-bathroom units, each with separate utilities and in-unit washer and dryer for added convenience. Hardwood floors run throughout, combining charm with durability.
First Floor Unit:
This spacious unit offers a large bedroom, a comfortable living room, and a three-piece bathroom. The dining room flows seamlessly into the kitchen, which opens directly to a generously sized backyard—perfect for outdoor entertaining or relaxation. This unit also enjoys private access to the basement, where you’ll find laundry and building utilities, along with abundant storage space.
Second Floor Unit:
Bright and inviting, this unit boasts a well-sized bedroom with ample closet space and two large windows that flood the room with natural light. Just beyond the bedroom is a flexible living/dining area, large enough for both a living room set and dining table. A three-piece bathroom and a spacious kitchen with in-unit laundry complete this comfortable layout.
Third Floor Unit:
Recently updated, this unit showcases a modern kitchen with stainless steel appliances and in-unit laundry. Adjacent to the kitchen is a stylish three-piece bathroom, followed by a generously sized living room. The layout concludes with a large bedroom featuring a substantial closet for added storage.
Located just steps from Capitolo Park, top-rated restaurants, local shops, supermarkets, and public transit, this triplex is perfectly positioned to enjoy all that Passyunk Square has to offer. A solid investment opportunity in one of Philadelphia’s most desirable neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,150
Year Built
- Built in 1915
Lot Details
- 915 Sq Ft Lot
- Lot Dimensions are 16.00 x 57.00
Home Design
- 1,812 Sq Ft Home
- Triplex
- Masonry
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Electric Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Tax Lot 168
- Assessor Parcel Number 021269300
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,634 | $510,800 | $102,160 | $408,640 |
| 2024 | $6,634 | $510,800 | $102,160 | $408,640 |
| 2023 | $6,634 | $473,900 | $94,780 | $379,120 |
| 2022 | $5,998 | $473,900 | $94,780 | $379,120 |
| 2021 | $5,998 | $0 | $0 | $0 |
| 2020 | $5,998 | $0 | $0 | $0 |
| 2019 | $5,535 | $0 | $0 | $0 |
| 2018 | $3,681 | $0 | $0 | $0 |
| 2017 | $3,681 | $0 | $0 | $0 |
| 2016 | $3,681 | $0 | $0 | $0 |
| 2015 | $25,698 | $0 | $0 | $0 |
| 2014 | -- | $263,000 | $17,449 | $245,551 |
| 2012 | -- | $14,496 | $2,062 | $12,434 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2025 09/06/25 | Price Changed | $597,000 | -0.2% | $329 / Sq Ft |
| 09/01/2025 09/01/25 | Price Changed | $598,000 | -0.3% | $330 / Sq Ft |
| 08/29/2025 08/29/25 | Price Changed | $599,900 | 0.0% | $331 / Sq Ft |
| 08/20/2025 08/20/25 | For Sale | $599,998 | -- | $331 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $101,263 | Commercial | |
| Open | $250,000 | Credit Line Revolving | |
| Closed | $254,268 | Commercial |
Source: Public Records
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2529652
APN: 021269300
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