1427 Point Breeze Ave Philadelphia, PA 19146
Point Breeze NeighborhoodEstimated payment $2,089/month
Total Views
63,199
--
Bed
--
Bath
3,500
Sq Ft
$96
Price per Sq Ft
About This Home
Investor Alert! The property is framed and ready for finishing, featuring 3 total units - 1 commercial space and 2 residential units, each with 2 bedrooms. Prime opportunity in booming Point Breeze with endless potential. Welcome to 1427 Point Breeze Avenue – a mixed-use triplex featuring (1) commercial unit on the ground floor and (2) residential units above, each designed as a 2-bedroom, 1-bathroom apartment. A full third story has been added to the existing structure, expanding the building’s livable space and income potential. This property is mid-construction and will be sold in As-Is condition, giving investors and builders the chance to complete the project to their own specifications. Estimated rental income upon completion is approximately $4,100/month, making this an outstanding value-add investment in one of South Philadelphia’s most active corridors. The commercial unit offers great visibility and access along busy Point Breeze Avenue, ideal for a retail shop, café, or office. The residential units feature spacious layouts with tons of natural light and are well-suited for long-term rental or short-term stays. Located just minutes from Center City, with public transportation nearby and surrounded by new development, this property sits in a high-demand area for both tenants and businesses. Property is being sold in AS-IS condition and the buyer will be responsible for obtaining the U&O. Don’t miss your chance to bring this nearly-complete project to the finish line and create a fully cash-flowing asset in a rapidly appreciating neighborhood.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,807
Year Built
- Built in 1915
Lot Details
- 1,240 Sq Ft Lot
- Lot Dimensions are 16.00 x 78.00
Parking
- On-Street Parking
Home Design
- 3,500 Sq Ft Home
- Triplex
- Straight Thru Architecture
- Masonry
Additional Features
- Urban Location
- Municipal Trash
Community Details
- 3 Units
- Point Breeze Subdivision
Listing and Financial Details
- Tax Lot 89
- Assessor Parcel Number 871549490
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 | $2,307 | $200,600 | $40,120 | $160,480 |
| 2024 | $2,307 | $200,600 | $40,120 | $160,480 |
| 2023 | $2,307 | $164,800 | $32,960 | $131,840 |
| 2022 | $1,499 | $164,800 | $32,960 | $131,840 |
| 2021 | $1,499 | $0 | $0 | $0 |
| 2020 | $1,499 | $0 | $0 | $0 |
| 2019 | $1,485 | $0 | $0 | $0 |
| 2018 | $1,443 | $0 | $0 | $0 |
| 2017 | $2,336 | $0 | $0 | $0 |
| 2016 | $2,336 | $0 | $0 | $0 |
| 2015 | $2,236 | $0 | $0 | $0 |
| 2014 | -- | $166,900 | $14,143 | $152,757 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | For Sale | $325,000 | -3.0% | $153 / Sq Ft |
| 06/19/2025 06/19/25 | Price Changed | $335,000 | -4.3% | $96 / Sq Ft |
| 06/12/2025 06/12/25 | Price Changed | $350,000 | -2.8% | $100 / Sq Ft |
| 06/04/2025 06/04/25 | For Sale | $360,000 | +58.2% | $103 / Sq Ft |
| 05/05/2022 05/05/22 | Sold | $227,500 | -5.2% | $91 / Sq Ft |
| 03/09/2022 03/09/22 | Pending | -- | -- | -- |
| 02/16/2022 02/16/22 | For Sale | $239,900 | -- | $96 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $225,000 | None Listed On Document | |
| Quit Claim Deed | -- | -- |
Source: Public Records
About the Listing Agent
Born and raised in Philadelphia, Temple University graduate and CEO of RE/MAX @ HOME, Maria Quattrone has over ten years experience serving people’s needs in the Philadelphia real estate market. In 2005 she founded Maria Quattrone Real Estate Experts, providing quality, customer-driven service throughout the Philadelphia area. Maria grew her company into one of the most successful real estate teams in the city, having helped her clients buy and sell more than 1,000 properties totaling over $250
Maria's Other Listings
Source: Bright MLS
MLS Number: PAPH2487342
APN: 871549490
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