1427 Point Breeze Ave Philadelphia, PA 19146
Point Breeze NeighborhoodEstimated payment $2,034/month
Total Views
114
--
Bed
--
Bath
2,118
Sq Ft
$153
Price per Sq Ft
About This Home
Attention Developers and Investors — Don’t miss this exceptional chance to own a high-potential, mixed-use property in one of South Philadelphia’s most rapidly growing corridors. 1427 Point Breeze Avenue is a framed, 3-story building with all current permits in place, ready for your finishing touches.
Designed with income in mind, the layout includes a commercial space on the ground floor and two spacious 2-bedroom, 1-bath flats on the upper levels — each with a separate private entrance. Situated on an extra-deep 16' x 78' lot, the building offers generous interior space on every floor.
Upon completion, this property is projected to generate approximately $6,600/month in rental income, delivering an impressive 12%+ cap rate — an outstanding value-add opportunity in a highly desirable location.
Located in the heart of a thriving business district with a Walk Score of 83, you'll be surrounded by trendy restaurants, local shops, and new developments, with convenient access to public transit just steps away.
Whether you're looking to expand your portfolio or capitalize on South Philly’s growth, this is your moment. Schedule your private tour today!
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
Home Design
- 2,118 Sq Ft Home
- Triplex
- Masonry
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
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2518738
APN: 871549490
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