$799,000

Estimated payment $4,583/month

Total Views 4,432
-- Bed
-- Bath
2,950 Sq Ft
$271 Price per Sq Ft

Highlights

  • Traditional Architecture
  • 3-minute walk to Oregon
  • 4-minute walk to Marconi Plaza
  • Stainless Steel Appliances
  • Forced Air Heating and Cooling System

About This Home

Rare opportunity to own a fully occupied building renovated in 2022 with a commercial space on the first floor and three one bedroom one bath apartments above. This property has it all! First floor is currently being used as a dance studio by a long term tenant who is willing to negotiate a long term lease. Second and third level have a total of three units that consist of 1 Bedroom and 1 Bath. Each unit features white cabinetry w/ quartz countertops, stainless steel appliances, grey vinyl flooring, recessed lighting, spacious bedrooms w/ plenty of closet space and a washer and dryer. Entire building is equipped with Central HVAC. There is also a parking lot across the street with parking spaces available for rent for a monthly fee. Building is within steps to the broad street line and walking distance to Passyunk with all the shopping and restaurants. This is one you do not want to miss. Tenants pay all utilities. Each lease includes a $50.00 per month yearly rent increase if lease renewed. All leases are attached and available upon request.

Listing Agent

Erik Lemons

EXIT Elevate Realty Listed on: 05/07/2025

Co-Listing Agent

Brittany Malseed

EXIT Elevate Realty License #Rs355664

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,742

Year Built

  • Built in 1925 | Remodeled in 2022

Lot Details

  • 630 Sq Ft Lot
  • Lot Dimensions are 14.00 x 45.00

Parking

  • On-Street Parking

Home Design

  • 2,950 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Brick Foundation
  • Masonry

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Public Septic

Additional Features

  • Stainless Steel Appliances
  • Washer

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 164
  • Assessor Parcel Number 871181900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,742

Year Built

Built in 1925 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Year Renovated: 2022
  • Remarks Public: Rare opportunity to own a fully occupied building renovated in 2022 with a commercial space on the first floor and three one bedroom one bath apartments above. This property has it all! First floor is currently being used as a dance studio by a long term tenant who is willing to negotiate a long term lease. Second and third level have a total of three units that consist of 1 Bedroom and 1 Bath. Each unit features white cabinetry w/ quartz countertops, stainless steel appliances, grey vinyl flooring, recessed lighting, spacious bedrooms w/ plenty of closet space and a washer and dryer. Entire building is equipped with Central HVAC. There is also a parking lot across the street with parking spaces available for rent for a monthly fee. Building is within steps to the broad street line and walking distance to Passyunk with all the shopping and restaurants. This is one you do not want to miss. Tenants pay all utilities. Each lease includes a $50.00 per month yearly rent increase if lease renewed. All leases are attached and available upon request.
  • Special Features: None

Interior Features

  • Appliances: Stainless Steel Appliances, Washer
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 2950
  • Living Area Sq Ft: 2950
  • Price Per Sq Ft: 270.85
  • Above Grade Finished Sq Ft: 2950
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2541

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: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • 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: S30
  • Lot Size Acres: 0.01
  • Lot Dimensions: 14.00 x 45.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 630.00
  • Year Assessed: 2023
  • Zoning: RSA5

Rental Info

  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 1504.00
  • Tax Annual Amount: 2742.00
  • Assessor Parcel Number: 871181900
  • Tax Lot: 164
  • Tax Year: 2023

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 1

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 $2,742 $182,200 $36,440 $145,760
2024 $2,742 $182,200 $36,440 $145,760
2023 $2,742 $195,900 $39,180 $156,720
2022 $2,399 $195,900 $39,180 $156,720
2021 $2,399 $0 $0 $0
2020 $2,399 $0 $0 $0
2019 $2,377 $0 $0 $0
2018 $2,308 $0 $0 $0
2017 $1,764 $0 $0 $0
2016 $1,764 $0 $0 $0
2015 $1,688 $0 $0 $0
2014 -- $126,000 $12,600 $113,400
2012 -- $23,552 $4,030 $19,522
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Price Changed $799,000 -0.7% $271 / Sq Ft
08/03/2025 08/03/25 Price Changed $805,000 -1.2% $273 / Sq Ft
07/12/2025 07/12/25 Price Changed $815,000 -0.6% $276 / Sq Ft
06/10/2025 06/10/25 Price Changed $820,000 -0.6% $278 / Sq Ft
05/07/2025 05/07/25 For Sale $825,000 +57.1% $280 / Sq Ft
05/14/2021 05/14/21 Sold $525,000 -10.9% --
04/14/2021 04/14/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $589,000 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $490,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $615,000 Credit Line Revolving
Previous Owner $600,000 New Conventional
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2480132

Bright MLS

APN: 871181900