**Motivated Sellers - Open to all offers!** 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!
For sale
Price cut: $50K (7/20)
$899,000
1215 S 23rd St, Philadelphia, PA 19146
5beds
5baths
3,000sqft
Townhouse
Built in 1915
-- sqft lot
$-- Zestimate®
$300/sqft
$-- HOA
What's special
Private deck
- 165 days
- 216
- 11
Zillow last checked:
Listing updated:
Listed by:
Joe Hill 215-436-4768,
Homestarr Realty 2153555565
Source: Bright MLS,MLS#: PAPH2612632
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: $300/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
$3,001/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Price change | $899,000-5.3%$300/sqft |
Source: | ||
| 5/26/2026 | Price change | $949,000-2.7%$316/sqft |
Source: | ||
| 4/25/2026 | Listed for sale | $975,000+51.2%$325/sqft |
Source: | ||
| 5/1/2023 | Sold | $645,000-4.4%$215/sqft |
Source: | ||
| 4/26/2023 | Listed for sale | $675,000-0.7%$225/sqft |
Source: | ||
| 3/15/2023 | Contingent | $680,000$227/sqft |
Source: | ||
| 2/14/2023 | Price change | $680,000-0.7%$227/sqft |
Source: | ||
| 1/23/2023 | Price change | $685,000-0.7%$228/sqft |
Source: | ||
| 12/19/2022 | Price change | $690,000-1.3%$230/sqft |
Source: | ||
| 11/18/2022 | Listed for sale | $699,000+185.3%$233/sqft |
Source: | ||
| 11/7/2019 | Sold | $245,000+2127.3%$82/sqft |
Source: Public Record Report a problem | ||
| 3/26/1998 | Sold | $11,000+29.4%$4/sqft |
Source: Public Record Report a problem | ||
| 9/6/1995 | Sold | $8,500$3/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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






