2654 S Alder St Philadelphia, PA 19148
South Philadelphia East Neighborhood
--
Bed
--
Bath
2,430
Sq Ft
1,400
Sq Ft Lot
Highlights
- 24-Hour Security
- Engineered Wood Flooring
- Forced Air Heating and Cooling System
- Straight Thru Architecture
- Home Security System
About This Home
As of May 2025Welcome to this exceptional mixed-use property (approx 2430 SqFt) in the heart of South Philly at the heavily traveled intersection of 10th & Oregon Ave - Ideal for entrepreneurs and residents alike, this one-of-a-kind tavern offers a prime location, versatile spaces, and a wealth of opportunity. Located on the ground floor, this stylish neighborhood tavern is just minutes from the sports complex, public transportation, and local attractions like casinos, it’s a hotspot for both locals and visitors. The recently renovated space features an inviting atmosphere with modern décor, a spacious outdoor area, and room for craft cocktails and live entertainment. The kitchen is full of commercial cooking equipment, ready to be put to use. Additionally, there’s a bonus upstairs area perfect for private events, which could easily be converted into an additional residential unit. Whether you're enjoying a night out or hosting a special gathering, this tavern provides the ideal setting. Above the tavern, is an apartment and next to the bar is a duplex residence offering two spacious 1-bedroom apartments with private entrances. With its ideal location, residents can enjoy easy access to diverse dining, shopping, and entertainment options, as well as excellent public transportation links. Whether you're looking to invest in a thriving business or seeking a versatile property with rental potential, this mixed-use building offers the perfect balance of commercial success and residential comfort. Don’t miss your chance to own a piece of South Philly's dynamic landscape. Taxes and square footage are the responsibility of the buyer to have verified. Liquor license not included in this price but could be considered for an additional fee.Property features a canopy and zoning that may require compliance review or a use variance. The existing duplex configuration is non-conforming and not currently registered. Buyer is responsible for conducting due diligence with the appropriate authorities regarding any necessary modifications, approvals, or potential changes to use.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,911
Year Built
- Built in 1925
Lot Details
- 1,400 Sq Ft Lot
Home Design
- 2,430 Sq Ft Home
- Duplex
- Straight Thru Architecture
- Flat Roof Shape
- Block Foundation
- Masonry
Flooring
- Engineered Wood
- Ceramic Tile
- Luxury Vinyl Plank Tile
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
- Natural Gas Water Heater
- Private Sewer
Community Details
- 2 Units
- 24-Hour Security
Listing and Financial Details
- Assessor Parcel Number 394142300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 5, 2024
Closed on
Apr 30, 2025
Sold by
2652-54 Llc
Bought by
Huang Jin Wu and Liu Xiulin
Seller's Agent
Jim Onesti
KW Empower
Buyer's Agent
Nicky Xu
BY Real Estate
List Price
$750,000
Sold Price
$550,000
Premium/Discount to List
-$200,000
-26.67%
Views
74
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Outstanding Balance
$383,974
Interest Rate
6.62%
Mortgage Type
New Conventional
Similar Homes in Philadelphia, PA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $550,000 | First City Abstract |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $385,000 | New Conventional | |
| Previous Owner | $625,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2025 05/20/25 | Sold | $550,000 | -12.0% | $226 / Sq Ft |
| 02/13/2025 02/13/25 | Price Changed | $625,000 | -3.8% | $257 / Sq Ft |
| 01/13/2025 01/13/25 | Price Changed | $650,000 | -13.3% | $267 / Sq Ft |
| 12/05/2024 12/05/24 | For Sale | $750,000 | -- | $309 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,047 | $202,400 | $40,480 | $161,920 |
| 2024 | $3,047 | $202,400 | $40,480 | $161,920 |
| 2023 | $3,047 | $217,700 | $43,540 | $174,160 |
| 2022 | $2,065 | $217,700 | $43,540 | $174,160 |
| 2021 | $2,065 | $0 | $0 | $0 |
| 2020 | $2,065 | $0 | $0 | $0 |
| 2019 | $2,045 | $0 | $0 | $0 |
| 2018 | $1,986 | $0 | $0 | $0 |
| 2017 | $3,344 | $0 | $0 | $0 |
| 2016 | $3,404 | $0 | $0 | $0 |
| 2015 | $3,259 | $0 | $0 | $0 |
| 2014 | -- | $243,200 | $10,779 | $232,421 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Onesti
Seller's Agent in 2025
Jim Onesti
KW Empower
(215) 709-4242
6 in this area
520 Total Sales
-
Steven Onesti
Seller Co-Listing Agent in 2025
Steven Onesti
KW Empower
(215) 783-7779
1 in this area
19 Total Sales
-
Nicky Xu
Buyer's Agent in 2025
Nicky Xu
BY Real Estate
(917) 833-5337
2 in this area
72 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2425332
APN: 871402480
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