$679,000

Estimated payment $4,484/month

Total Views 3,257
-- Bed
-- Bath
2,187 Sq Ft
$310 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Hot Water Heating System
  • 3-minute walk to Ridgway Park

About This Home

This prime multifamily property is located in the heart of one of Philadelphia’s most desirable neighborhoods. Situated just steps from the vibrant Italian Market and Philadelphia’s Magic Gardens, this property offers unparalleled access to some of the city’s best dining, shopping, and cultural attractions. With 2,187 square feet of living space and a 1,064-square-foot lot, this property is perfect for investors or families seeking a centrally located home.The property is conveniently located within walking distance to Center City hotspots like Rittenhouse Square and Reading Terminal Market. Public transportation options abound, with nearby SEPTA bus routes and subway stations providing easy access to all parts of the city.Zoned RSA-5, this multifamily property offers incredible flexibility for a range of uses and strong rental income potential in a high-demand area. Don’t miss this rare opportunity to own a piece of Philadelphia real estate in one of its most sought-after neighborhoods!Square Footage (SF): 2,187 sqftLocation Highlights: Steps away from the Italian Market (0.4 miles, 8-minute walk), Philadelphia’s Magic Gardens (0.3 miles, 6-minute walk), and close to Center City attractions like Rittenhouse Square and Reading Terminal Market.

Listing Agent

Billy Creagh

National Realty Old City LLC - PA License #RM424688 Listed on: 03/26/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,810

Year Built

  • Built in 1915

Lot Details

  • 1,064 Sq Ft Lot
  • Lot Dimensions are 19.00 x 56.00

Parking

  • On-Street Parking

Home Design

  • 2,187 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Concrete Perimeter Foundation
  • Masonry

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 303
  • Assessor Parcel Number 022253700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,810

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2025-04-04
  • Year Built: 1915
  • Remarks Public: This prime multifamily property is located in the heart of one of Philadelphia’s most desirable neighborhoods. Situated just steps from the vibrant Italian Market and Philadelphia’s Magic Gardens, this property offers unparalleled access to some of the city’s best dining, shopping, and cultural attractions. With 2,187 square feet of living space and a 1,064-square-foot lot, this property is perfect for investors or families seeking a centrally located home. The property is conveniently located within walking distance to Center City hotspots like Rittenhouse Square and Reading Terminal Market. Public transportation options abound, with nearby SEPTA bus routes and subway stations providing easy access to all parts of the city. Zoned RSA-5, this multifamily property offers incredible flexibility for a range of uses and strong rental income potential in a high-demand area. Don’t miss this rare opportunity to own a piece of Philadelphia real estate in one of its most sought-after neighborhoods! Square Footage (SF): 2,187 sqft Location Highlights: Steps away from the Italian Market (0.4 miles, 8-minute walk), Philadelphia’s Magic Gardens (0.3 miles, 6-minute walk), and close to Center City attractions like Rittenhouse Square and Reading Terminal Market.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Total Sq Ft: 2187
  • Living Area Sq Ft: 2187
  • Price Per Sq Ft: 310.47
  • Above Grade Finished Sq Ft: 2187
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1353

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: O50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 19.00 x 56.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1064.00
  • Year Assessed: 2025
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 4933.00
  • Tax Annual Amount: 8810.00
  • Assessor Parcel Number: 022253700
  • Tax Lot: 303
  • Tax Total Finished Sq Ft: 2187
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,821 $629,400 $125,880 $503,520
2024 $7,821 $629,400 $125,880 $503,520
2023 $7,821 $558,700 $111,740 $446,960
2022 $7,821 $558,700 $111,740 $446,960
2021 $6,961 $0 $0 $0
2020 $6,961 $0 $0 $0
2019 $6,424 $0 $0 $0
2018 $0 $0 $0 $0
2017 $4,339 $0 $0 $0
2016 $3,882 $0 $0 $0
2015 $1,162 $0 $0 $0
2014 -- $310,000 $20,110 $289,890
2012 -- $12,032 $3,124 $8,908
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2025 05/03/25 Price Changed $679,000 0.0% $310 / Sq Ft
05/03/2025 05/03/25 Price Changed $679,000 -2.9% $310 / Sq Ft
03/26/2025 03/26/25 For Sale $699,000 0.0% $320 / Sq Ft
03/26/2025 03/26/25 For Sale $699,000 -- $320 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $210,000 None Available
Foreclosure Deed $123,184 None Available
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2462462

Bright MLS

APN: 022253700