NOT LISTED FOR SALE

1323 E Passyunk Ave Philadelphia, PA 19147

Passyunk Square Neighborhood

Estimated Value: $626,928

Studio
-- Bath
3,624 Sq Ft
$173/Sq Ft Est. Value

Last Sold February 03, 2025

Last sale price $600,000 $166 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,807/month

41 Days on Market

Highlights

  • Traditional Architecture
  • Hot Water Heating System
  • 2-minute walk to Capitolo Park
  • Central Air

About This Home

As of February 2025

Remarkable investment opportunity in the heart of Passyunk Square! This expansive 18’ wide 3,600 Square foot permitted Triplex offers commercial space and two residential units spread over 3 floors. A great-sized commercial space on the ground floor previously operated as a retail space and is currently a completely open blank canvas. With high foot traffic and visibility, this commercial unit is positioned for success. Above the commercial space, you'll find two generously sized, approximately 1,200 square feet, full-floor apartments. The third floor is a move-in ready 1 bedroom/1 bathroom apartment that features a full kitchen and in-unit laundry. The first and third floors have updated electrical, plumbing, central air, and new hot water heaters, all units are separately metered! The second floor was previously a 1 bed/1 bath apartment but is currently a raw space that is electrical-ready and primed to be renovated. The property is rounded out with a large basement accessed by the first floor and exterior bilco doors. Additional property updates include a newer roof and the rear wall was reconstructed with cinder blocks with new foundation.

Last Agent to Sell the Property

Greg Williams

(267) 435-8015 kenenochs@compass.com Compass RE Listed on: 11/01/2024

Compass RE

Last Buyer's Agent

Jacob Cooper

(215) 568-2600 jcooper@hellomsc.com MSC Retail, Inc. License #RS306451

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,047

Year Built

  • Built in 1920

Lot Details

  • 1,101 Sq Ft Lot
  • Lot Dimensions are 18.00 x 69.00

Home Design

  • Triplex
  • Traditional Architecture
  • Fixer Upper
  • Masonry

Interior Spaces

  • 3,624 Sq Ft Home
  • Unfinished Basement
  • Partial Basement

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 272
  • Assessor Parcel Number 871265550

Community Details

Overview

  • 3 Units
  • Passyunk Square Subdivision

Building Details

  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,047

Year Built

Built in 1920

Lot Details

1,101 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-11-01
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Unfinished, Partial
  • Total Sq Ft: 3624
  • Living Area Sq Ft: 3624
  • Price Per Sq Ft: 206.95
  • Above Grade Finished Sq Ft: 3624
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 18.00 x 69.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1101.00
  • Property Condition: Major Rehab Needed
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3946.00
  • Tax Annual Amount: 7047.00
  • Assessor Parcel Number: 871265550
  • Tax Lot: 272
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 3

MLS Schools

  • School District Name: PHILADELPHIA CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Feb 3, 2025
Sold by
Daddi Ferdinando A and Daddi Janet P
Bought by
Passyunk 1323 Llc
Seller's Agent
Greg Williams
Compass RE
Buyer's Agent
Jacob Cooper
MSC Retail, Inc.
List Price
$750,000
Sold Price
$600,000
Premium/Discount to List
-$150,000
-20%
Views
21
Current Estimated Value
$626,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,928
Avg. Annual Appreciation
4.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Passyunk 1323 Llc $600,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2025 02/03/25 Sold $600,000 -20.0% $166 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $750,000 -- $207 / Sq Ft
Source: Bright MLS

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
2026 $7,048 $654,000 $130,800 $523,200
2025 $7,048 $654,000 $130,800 $523,200
2024 $7,048 $654,000 $130,800 $523,200
2023 $7,048 $503,500 $100,700 $402,800
2022 $5,123 $503,500 $100,700 $402,800
2021 $5,123 $0 $0 $0
2020 $5,073 $0 $0 $0
2019 $5,073 $0 $0 $0
2018 $6,582 $0 $0 $0
2017 $3,298 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Williams

    Seller's Agent in 2025

    Greg Williams

    Compass RE

    (267) 246-1264

    8 in this area

    30 Total Sales

    Greg Williams
    Section Image
  • Jacob Cooper

    Buyer's Agent in 2025

    Jacob Cooper

    MSC Retail, Inc.

    (215) 813-3784

    2 in this area

    14 Total Sales

    Jacob Cooper
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2413582

Bright MLS

APN: 871265550

Pennsylvania Philadelphia County Philadelphia 19147 Passyunk Square

1323 E Passyunk Ave, Philadelphia, PA

Not Listed for Sale

MultiFamily

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