LOW TAX! 2308 Cecil B. Moore Ave is a strong cash-flowing 4-unit mixed-use investment opportunity positioned along the Ridge Ave & Cecil B. Moore corridors and located within a Qualified Opportunity Zone (QOZ). The property consists of three occupied 1BR/1BA residential units above a highly visible street-level commercial space, currently vacant and for owner use or additional income potential. 2310 Cecil B Moore is also for sale. All residential units are currently rented below market with primarily month-to-month leases, offering immediate upside through lease optimization and repositioning. Strong rental demand for 1-bedroom apartments in the area continues to support stable occupancy and predictable operations, whether targeting market-rate tenants or voucher programs. The commercial storefront benefits from excellent street exposure, steady neighborhood traffic, and flexible potential uses. Pro forma projections indicate an estimated 9.5%–10% CAP rate (buyer to verify), supported by the property’s efficient unit mix, rental upside, and mixed-use income potential.
Sold for $375,000
Zillow last checked:
Listing updated:
Bought with:
Alina Xie, RS338386
BHHS Fox & Roach Wayne-Devon
Source: Bright MLS,MLS#: PAPH2617848
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Sold | $375,000-11.8%$133/sqft |
Source:  Bright MLS #PAPH2617848 Report a problem | ||
| 7/19/2026 | Pending sale | $425,000$151/sqft |
Source: Bright MLS #PAPH2617848 Report a problem | ||
| 5/6/2026 | Listed for sale | $425,000-5.6%$151/sqft |
Source: Bright MLS #PAPH2617848 Report a problem | ||
| 11/7/2025 | Listing removed | $450,000$160/sqft |
Source: Bright MLS #PAPH2521904 Report a problem | ||
| 8/10/2025 | Price change | $450,000+0.2%$160/sqft |
Source: Bright MLS #PAPH2521904 Report a problem | ||
| 8/1/2025 | Listed for sale | $449,000+91.3%$160/sqft |
Source: Bright MLS #PAPH2521904 Report a problem | ||
| 1/9/2019 | Listing removed | $234,700$83/sqft |
Source: Mike Dunphy Sells Real Estate #1000305241 Report a problem | ||
| 7/16/2018 | Price change | $234,7000%$83/sqft |
Source: Mike Dunphy Sells Real Estate #1000305241 Report a problem | ||
| 1/29/2018 | Price change | $234,8000%$83/sqft |
Source: Mike Dunphy Sells Real Estate #1000305241 Report a problem | ||
| 6/23/2017 | Listed for sale | $234,900+3255.7%$84/sqft |
Source: Mike Dunphy Sells Real Estate Inc. #7008070 Report a problem | ||
| 6/18/1976 | Sold | $7,000$2/sqft |
Source: Agent Provided Report a problem | ||
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Estimated market value
$375,100
