$830,000

Estimated payment $4,994/month

Total Views 3,921
-- Bed
-- Bath
2,814 Sq Ft
$295 Price per Sq Ft

Highlights

  • Traditional Architecture
  • 4-minute walk to Snyder
  • 60+ Gallon Tank
  • More Than Two Accessible Exits
  • Multiple cooling system units
  • Wall Furnace

About This Home

Prime Investment Opportunity on South Broad Street!
Welcome to 2318 S Broad Street, a well-maintained 5-unit multi-family property situated on one of South Philadelphia’s most prominent and high-traffic corridors. This property includes one spacious 2-bedroom unit and four efficient studio apartments, offering a flexible rental mix with consistent income.

Ideal for both seasoned investors and owner-occupants, this building presents significant upside potential for value-add investors—whether through cosmetic upgrades, rent increases, or layout reconfiguration. Located just minutes from Passyunk Square, the Stadium District, and public transportation, this is a rare opportunity to own on Broad Street with room to grow your investment.

Listing Agent

Grant English

BHHS Fox & Roach At the Harper, Rittenhouse Square License #RS372074 Listed on: 05/05/2025

BHHS Fox & Roach At the Harper, Rittenhouse Square

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,071

Year Built

  • Built in 1914

Lot Details

  • 1,440 Sq Ft Lot
  • Lot Dimensions are 18.00 x 80.00

Home Design

  • 2,814 Sq Ft Home
  • Traditional Architecture
  • Slab Foundation
  • Masonry

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Multiple cooling system units
  • Wall Furnace
  • 60+ Gallon Tank

Additional Features

  • Unfinished Basement

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 189
  • Assessor Parcel Number 871122500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,071

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1914
  • Remarks Public: Prime Investment Opportunity on South Broad Street! Welcome to 2318 S Broad Street, a well-maintained 5-unit multi-family property situated on one of South Philadelphia’s most prominent and high-traffic corridors. This property includes one spacious 2-bedroom unit and four efficient studio apartments, offering a flexible rental mix with consistent income. Ideal for both seasoned investors and owner-occupants, this building presents significant upside potential for value-add investors—whether through cosmetic upgrades, rent increases, or layout reconfiguration. Located just minutes from Passyunk Square, the Stadium District, and public transportation, this is a rare opportunity to own on Broad Street with room to grow your investment.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Room Count: 6
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2814
  • Living Area Sq Ft: 2814
  • Price Per Sq Ft: 294.95
  • Above Grade Finished Sq Ft: 2814
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2318

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Spa: No
  • 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: No
  • Cooling Type: Multi Units
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: Y50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18.00 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1440.00
  • Year Assessed: 2025
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Number Of Units Month To Month: 1
  • Units Leased Count: 5
  • Vacation Rental: No

Tax Info

  • School Tax: 3960.00
  • Tax Annual Amount: 7071.00
  • Assessor Parcel Number: 871122500
  • Tax Lot: 189
  • Tax Total Finished Sq Ft: 2814
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Single Room Units Count: 4

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Average Value
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Sold Price
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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 $5,669 $505,200 $101,040 $404,160
2024 $5,669 $505,200 $101,040 $404,160
2023 $5,669 $405,000 $81,000 $324,000
2022 $4,584 $405,000 $81,000 $324,000
2021 $4,584 $0 $0 $0
2020 $4,584 $0 $0 $0
2019 $4,540 $0 $0 $0
2018 $4,408 $0 $0 $0
2017 $3,880 $0 $0 $0
2016 $3,880 $0 $0 $0
2015 $3,714 $0 $0 $0
2014 -- $277,200 $28,800 $248,400
2012 -- $26,560 $8,235 $18,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Price Changed $830,000 -2.4% $295 / Sq Ft
05/05/2025 05/05/25 For Sale $850,000 +150.0% $302 / Sq Ft
07/18/2014 07/18/14 Sold $340,000 -14.8% $113 / Sq Ft
07/17/2014 07/17/14 Pending -- -- --
02/24/2014 02/24/14 For Sale $399,000 -- $132 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $340,000 None Available
Deed $63,000 --
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2478724

Bright MLS

APN: 871122500