Located in the heart of Point Breeze, this versatile duplex at 1724 Federal St presents an excellent investment opportunity in one of South Philadelphia’s fastest-growing neighborhoods. Situated on a highly desirable residential block with convenient access to major roadways and SEPTA transit into Center City, this property is ideal for both investors and owner-occupants seeking strong long-term potential. The property features two separate units with strong rental potential and the ability to generate great rental income from both units, making it an attractive opportunity for investors looking to expand their portfolio or buyers interested in offsetting their mortgage through rental income. Both units offer flexibility for long-term tenants, multigenerational living, or house hacking opportunities. Surrounded by popular local restaurants, cafes, parks, grocery stores, and neighborhood amenities along Washington Avenue and nearby Graduate Hospital, the location continues to attract strong tenant demand and ongoing development. With close proximity to Center City, Passyunk Square, major hospitals, universities, and public transportation, this property offers both convenience and long-term upside in a rapidly appreciating area. Whether you are looking for steady cash flow, future appreciation, or an owner-occupied investment opportunity, this duplex delivers exceptional value in a prime South Philadelphia location. Property is being sold in AS-IS condition.
For sale
Price cut: $15K (5/13)
$315,000
1724 Federal St, Philadelphia, PA 19146
2beds
2baths
1,416sqft
Townhouse
Built in 1923
-- sqft lot
$-- Zestimate®
$222/sqft
$-- HOA
What's special
Two separate units
- 61 days |
- 446 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Matthew Marino 215-896-2171,
Real of Pennsylvania 2153675238,
Co-Listing Agent: Harrisson Y. Li 267-368-2788,
Real of Pennsylvania
Source: Bright MLS,MLS#: PAPH2615214
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Basement: Other
- Has fireplace: No
Interior area
- Total structure area: 1,416
- Total interior livable area: 1,416 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Doors
Features
- Pool features: None
Lot
- Size: 1,227 Square Feet
- Dimensions: 16.00 x 77.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 365300800
- Zoning: RSA5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Straight Thru
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Concrete Perimeter
- Roof: Rubber
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $222/sqft
- Tax assessed value: $385,500
- Annual tax amount: $5,396
- Date on market: 5/4/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,980/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Price change | $315,000-4.5%$222/sqft |
Source: | ||
| 5/4/2026 | Listed for sale | $330,000+11.9%$233/sqft |
Source: | ||
| 7/13/2022 | Sold | $295,000+1.5%$208/sqft |
Source: Public Record Report a problem | ||
| 3/25/2021 | Listing removed | $290,500$205/sqft |
Source: | ||
| 11/17/2020 | Listed for sale | $290,500+147.2%$205/sqft |
Source: First Choice Real Estate Group #PAPH964060 Report a problem | ||
| 12/1/2014 | Sold | $117,500+170.7%$83/sqft |
Source: Public Record Report a problem | ||
| 5/21/2012 | Sold | $43,400-56.6%$31/sqft |
Source: Public Record Report a problem | ||
| 8/23/2006 | Sold | $100,000$71/sqft |
Source: Public Record Report a problem | ||
| 5/9/2006 | Sold | $100,000+733.3%$71/sqft |
Source: Public Record Report a problem | ||
| 3/3/1999 | Sold | $12,000$8/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,396 +3.8% | $385,500 +3.8% |
| 2024 | $5,197 | $371,300 |
| 2023 | $5,197 +108.7% | $371,300 |
| 2022 | $2,490 | -- |
| 2021 | $2,490 +7.6% | -- |
| 2018 | $2,315 | -- |
| 2017 | $2,315 +42.3% | -- |
| 2016 | $1,627 | -- |
| 2015 | $1,627 | -- |
| 2014 | $1,627 +4.5% | $116,200 +937.5% |
| 2012 | $1,557 | $11,200 |
| 2011 | -- | $11,200 |
| 2010 | -- | $11,200 |
| 2009 | -- | $11,200 +400% |
| 2008 | -- | $2,240 |
| 2007 | -- | $2,240 |
| 2006 | -- | $2,240 |
| 2005 | -- | $2,240 |
| 2004 | -- | $2,240 |
| 2003 | -- | $2,240 |
| 2002 | -- | $2,240 |
| 2000 | -- | $2,240 |
| 1999 | -- | $2,240 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 5/10Childs George W SchoolGrades: PK-8Distance: 0.2 mi
- 3/10South Philadelphia High SchoolGrades: PK,9-12Distance: 0.9 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Pennsylvania
- Philadelphia County
- Philadelphia
- 19146
- Point Breeze
- 1724 Federal St





