2123 N Broad St Philadelphia, PA 19122
Hartranft NeighborhoodEstimated payment $5,489/month
Highlights
- City View
- No HOA
- 2-minute walk to Susquehanna-Dauphin
About This Lot
Introducing 2123 NORTH BROAD — a prime QOZ (Opportunity Zone) multifamily development parcel in the North Broad District / Temple University submarket of Philadelphia, Pennsylvania. With 22 units (44 beds) in a proposed 19,200 SF structure, this asset will command perennial rental demand for generations to come, backed by the power of Philadelphia's largest university by enrollment. Temple University benefits from its central location, transit-rich environment, high-profile NCAA programs, and its ever-growing academic campus. 700 SF of commercial space activates the vibrant streetscape and proposed building. Offered at an attractive land basis, 2123 NORTH BROAD ST presents a sound development/investment thesis on a leading national higher-education campus backed by strong rental fundamentals. 10-year tax abatement eligible — pay taxes on the assessed land value for 10 years, rather than the assessed value of the future improved structure. Buyer responsible for verifying taxes, entitlements, lot dimensions + SF in DD. Renderings for illustrative purposes.
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,138
Lot Details
- 3,200 Sq Ft Lot
- Lot Dimensions are 20.00 x 160.00
- Property is zoned CMX25
Additional Features
- City Views
- Urban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 137
- Assessor Parcel Number 871400395
Map
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 | -- | $510,000 | $102,000 | $408,000 |
| 2024 | -- | $510,000 | $102,000 | $408,000 |
| 2023 | -- | $494,400 | $98,880 | $395,520 |
| 2022 | $0 | $494,400 | $0 | $0 |
| 2021 | $1,484 | $565,000 | $113,353 | $451,647 |
| 2020 | $1,484 | $0 | $0 | $0 |
| 2019 | $1,484 | $0 | $0 | $0 |
| 2018 | $1,484 | $0 | $0 | $0 |
| 2017 | -- | $0 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $299,400 | $25,613 | $273,787 |
| 2012 | -- | $52,224 | $8,192 | $44,032 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | Price Changed | $899,999 | -5.3% | -- |
| 11/07/2024 11/07/24 | Price Changed | $949,999 | -5.0% | -- |
| 08/08/2024 08/08/24 | For Sale | $999,999 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $800,000 | Northeast Executive Abstract | |
| Special Warranty Deed | -- | None Available | |
| Deed | -- | -- |
Source: Bright MLS
MLS Number: PAPH2383966
APN: 871400395
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