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For sale
  • Price cut: $26K (5/26)
    $949,000

    1215 S 23rd St, Philadelphia, PA 19146

    5beds
    5baths
    3,000sqft
    : 
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    Townhouse
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $316/sqft
    $-- HOA

    What's special

    Private deckGenerous layouts
    Positioned in the rapidly appreciating Graduate Hospital / Point Breeze corridor of Philadelphia, this fully operational, income-producing duplex offers a rare opportunity to acquire a proven, turnkey asset with immediate cash flow and long-term tax advantages. Designed for both flexibility and performance, the property features two completely independent residences with separate entrances, allowing each unit to function as its own private home. Each level spans approximately 1,500 square feet, delivering generous layouts rarely found in comparable multifamily properties. The upper residence offers a 3-bedroom, 3-bath configuration, complete with a private deck and can be delivered fully furnished. Currently operating as a successful short-term rental, this unit boasts documented income, strong guest reviews, and consistent occupancy, with future bookings already in place, allowing the next owner to step directly into an established revenue stream. The lower residence features a well-appointed 2-bedroom, 2-bath layout with access to a private backyard, ideal for owner-occupancy, long-term rental, or additional short- or mid-term income generation. What sets this property apart is not just its design, but its performance and financial efficiency. With approximately 7 years remaining on the Philadelphia 10-Year Tax Abatement, ownership benefits from significant ongoing tax savings, enhancing overall returns. Whether you are an investor seeking a plug-and-play short-term rental asset, or a buyer looking to live in one unit while generating income from the other, this property delivers unmatched versatility. With proven income history, forward bookings, and operational systems already in place, this is not a concept, it is a business already in motion. A rare opportunity to acquire a performing asset with built-in income, tax advantages, and long-term upside in one of Philadelphia’s most dynamic neighborhoods. Schedule your private showing today!
    71 days
    |
    186
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Joe Hill 215-436-4768,

    Homestarr Realty 2153555565

    Source: Bright MLS,MLS#: PAPH2612632MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      Basement
      • Area: 750
      Heating
      • Forced Air, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Electric Water Heater
      Features
      • Ceiling Fan(s), Recessed Lighting, 2nd Kitchen, Bathroom - Stall Shower, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Dry Wall
      • Flooring: Laminate
      • Basement: Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 3,000
      • Total interior livable area: 3,000 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Patio & porch: Roof, Patio, Roof Deck
      • Exterior features: Lighting, Sidewalks, Street Lights, Rain Gutters
      • Pool features: None
      • Has view: Yes
      • View description: City
      Lot
      • Size: 871 Square Feet
      • Features: Downtown
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 361333400
      • Zoning: RSA5
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Contemporary
      • Property subtype: Townhouse
      Materials
      • Masonry, Brick
      • Foundation: Block
      • Roof: Flat
      Condition
      • Excellent
      • New construction: No
      • Year built: 1915
      • Major remodel year: 2023

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Point Breeze
      Location
      • Region: Philadelphia
      • Municipality: PHILADELPHIA

      Financial & listing details

      • Price per square foot: $316/sqft
      • Tax assessed value: $244,500
      • Annual tax amount: $3,422
      • Date on market: 4/25/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Inclusions: All Appliances From Both Units, Unit A (top Unit): Everything Included, Unit B (bottom Unit): Office Furniture, Bedroom Furniture, Tv Stand. (all Items Are Negotiable)
      • Exclusions: Unit B (bottom Unit): Artwork And Livingroom Furniture
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,667/mo

        Price history

        DateEventPrice
        5/26/2026Price change$949,000-2.7%$316/sqft
        Source: Bright MLS #PAPH2612632 Report a problem
        4/25/2026Listed for sale$975,000+51.2%$325/sqft
        Source: Bright MLS #PAPH2612632 Report a problem
        5/1/2023Sold$645,000-4.4%$215/sqft
        Source: Bright MLS #PAPH2180462 Report a problem
        4/26/2023Listed for sale$675,000-0.7%$225/sqft
        Source: Bright MLS #PAPH2180462 Report a problem
        3/15/2023Contingent$680,000$227/sqft
        Source: Bright MLS #PAPH2180462 Report a problem
        2/14/2023Price change$680,000-0.7%$227/sqft
        Source: Bright MLS #PAPH2180462 Report a problem
        1/23/2023Price change$685,000-0.7%$228/sqft
        Source: Bright MLS #PAPH2180462 Report a problem
        12/19/2022Price change$690,000-1.3%$230/sqft
        Source: Bright MLS #PAPH2180462 Report a problem
        11/18/2022Listed for sale$699,000+185.3%$233/sqft
        Source: Bright MLS #PAPH2180462 Report a problem
        11/7/2019Sold$245,000+2127.3%$82/sqft
        Source: Public Record Report a problem
        3/26/1998Sold$11,000+29.4%$4/sqft
        Source: Public Record Report a problem
        9/6/1995Sold$8,500$3/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,679 -4.6%$620,000 -4.6%
        2024$9,099 +165.8%$650,000 +165.8%
        2023$3,423 +60.5%$244,500
        2022$2,132 --
        2021$2,132 +7.6%--
        2018$1,982 --
        2017$1,982 +24.5%--
        2016$1,592 --
        2015$1,592 --
        2014$1,592 +4.5%$113,700 +788.3%
        2012$1,524 $12,800
        2011-- $12,800
        2010-- $12,800
        2009-- $12,800

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Point Breeze

        Getting around

        87 / 100
        Very Walkable
        64 / 100
        Good Transit
        93 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Philadelphia City

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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