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New construction
    • $975,000

    1501 N Bailey St, Philadelphia, PA 19121

    9beds
    --baths
    5,000sqft
    : 
    $7,110/mo
    Get pre-qualified
    Townhouse
    Built in 2019
    -- sqft lot
    $-- Zestimate®
    $195/sqft
    $-- HOA

    What's special

    Private patiosHigh-design apartments
    Located just off Athletic Square Park and Brewerytown Garden, this cash-flowing quadplex presents a 7.5% pro forma cap rate with four (4) high-design apartments in the coveted Brewerytown submarket of Philadelphia, Pennsylvania — a Top-10 USA MSA. Complete with private patios and skyline roofdecks for outdoor enjoyment in a bucolic urban setting — walkable to prime amenities — this 4-storey multifamily property carries a full 10-yr tax abatement through 2029 with minimal OPEX and rental upside. Nine (9) total bedrooms (three 2bd x 2.5ba units, one 3bd x 2.5ba unit) throughout the ±5,000 SF apartment building. Easy access to Girard Avenue's bevy of shops, bars, restaurants, cafes, breweries and bruncheries — as well as Fairmount Park, the largest urban park in America. Easily accessible to Philly's iconic Boathouse Row, Schuylkill River Trail and Museums District. Convenient to Center City and University City and all major roadways throughout the Philadelphia MSA. Purchase this prime real estate investment in a fast-growing submarket experiencing above-average rent growth and start building your portfolio today.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan McManus 610-606-1095,

    Keller Williams Liberty Place 6093995454,

    Co-Listing Agent: Brandon Ribeiro 267-945-8167,

    Keller Williams Liberty Place

    Source: Bright MLS,MLS#: PAPH2690548MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      Basement
      • Area: 0
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Oven, Refrigerator, Stainless Steel Appliance(s), Washer, Electric Water Heater
      • Laundry: Washer In Unit, Dryer In Unit
      Features
      • Combination Kitchen/Living, Open Floorplan, Kitchen Island, Recessed Lighting
      • Flooring: Engineered Wood, Wood
      • Basement: Full
      • Number of fireplaces: 4
      Interior area
      • Total structure area: 5,000
      • Total interior livable area: 5,000 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      • Has view: Yes
      • View description: City
      • Frontage length: Road Frontage: 18
      Lot
      • Size: 1,575 Square Feet
      • Dimensions: 18.00 x 87.50
      • Features: Urban
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 291361505
      • Zoning: RM1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Contemporary
      • Property subtype: Townhouse
      Materials
      • Brick
      • Foundation: Permanent
      • Roof: Fiberglass
      Condition
      • Excellent
      • New construction: Yes
      • Year built: 2019

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Fire Sprinkler System
      • Subdivision: Brewerytown
      Location
      • Region: Philadelphia
      • Municipality: PHILADELPHIA

      Financial & listing details

      • Price per square foot: $195/sqft
      • Tax assessed value: $761,500
      • Annual tax amount: $3,130
      • Date on market: 11/13/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,857/mo

        Price history

        DateEventPrice
        6/13/2026Listing removed$999,999$200/sqft
        Source: Bright MLS #PAPH2565402 Report a problem
        4/29/2026Price change$999,999-9.1%$200/sqft
        Source: Bright MLS #PAPH2565402 Report a problem
        12/12/2025Listed for sale$1,100,000-12%$220/sqft
        Source: Bright MLS #PAPH2565402 Report a problem
        5/15/2025Listing removed$1,250,000$250/sqft
        Source: Long & Foster Broker Feed #PAPH2473274 Report a problem
        4/22/2025Listed for sale$1,250,000-3.8%$250/sqft
        Source: Bright MLS #PAPH2473274 Report a problem
        4/7/2025Listing removed$1,300,000$260/sqft
        Source: Long & Foster Broker Feed #PAPH2440530 Report a problem
        1/31/2025Listed for sale$1,300,000$260/sqft
        Source: Bright MLS #PAPH2440530 Report a problem
        1/31/2025Listing removed$1,300,000$260/sqft
        Source: Long & Foster Broker Feed #PAPH2431768 Report a problem
        1/2/2025Listed for sale$1,300,000+10.6%$260/sqft
        Source: Long & Foster Broker Feed #PAPH2431768 Report a problem
        7/11/2021Listing removed--
        Source: Long & Foster Broker Feed Report a problem
        6/23/2021Listed for rent$1,995
        Source: Long & Foster Broker Feed #PAPH2003640 Report a problem
        1/26/2021Sold$1,175,000-6%$235/sqft
        Source: Public Record Report a problem
        1/12/2021Pending sale$1,250,000$250/sqft
        Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #PAPH940856 Report a problem
        12/30/2020Contingent$1,250,000$250/sqft
        Source: Berkshire Hathaway HomeServices Fox & Roach via Local MLS #PAPH940856 Report a problem
        10/30/2020Pending sale$1,250,000$250/sqft
        Source: BHHS Fox & Roach-Center City Walnut #PAPH940856 Report a problem
        10/7/2020Listed for sale$1,250,000+5455.6%$250/sqft
        Source: BHHS Fox & Roach-Center City Walnut #PAPH940856 Report a problem
        5/29/2012Sold$22,500$5/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$16,033 +427.8%$1,145,400 +50.4%
        2024$3,038 $761,500
        2023$3,038 0%$761,500
        2022$3,038 -71.5%--
        2021$10,659 --
        2018-- --
        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.
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        Climate risks

        Neighborhood: Brewerytown

        Getting around

        81 / 100
        Very Walkable
        63 / 100
        Good Transit
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: The School District Of Philadelphia

        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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