Turnkey 3-Property Investment Portfolio – $56,880 Annual Income Rare opportunity to acquire a cash-flowing 3-property rental portfolio in Philadelphia featuring 2315 Pierce St, 2235 E Ann St, and 2271 E Cambria St. The seller prefers to sell all three properties together for $675,000, creating an ideal opportunity for investors looking to acquire multiple performing assets in one transaction. The portfolio is currently fully occupied with long-term tenants and generates $56,880 annually in rental income, providing immediate and stable cash flow from day one. All three homes have been updated with renovated kitchens and bathrooms, including modern cabinetry, updated fixtures, and refreshed finishes that appeal to today’s renters while helping minimize near-term capital expenditures. These improvements make the portfolio a true turnkey investment requiring minimal upfront work. Properties with existing tenants, recent upgrades, and stable income are increasingly difficult to find in Philadelphia, making this an attractive acquisition for both local and out-of-area investors seeking reliable cash flow. 2315 Pierce St is being offered individually at $245,000, however the seller strongly prefers a portfolio sale including: • 2315 Pierce St • 2235 E Ann St • 2271 E Cambria St Portfolio Price: $675,000 Investor-friendly opportunity with potential for future rental increases as leases renew. Whether you are expanding an existing rental portfolio or entering the Philadelphia market, this offering provides immediate income, updated properties, and long-term tenant stability in a single acquisition.
For sale
Price cut: $16K (6/10)
$245,000
2315 Pierce St, Philadelphia, PA 19145
3beds
--sqft
Townhouse
Built in 1925
670 Square Feet Lot
$243,200 Zestimate®
$--/sqft
$-- HOA
What's special
Refreshed finishesRenovated kitchensUpdated fixturesModern cabinetry
- 113 days |
- 61 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Kimberly Cassidy 215-620-6934,
KW Empower 215-627-3500,
Co-Listing Agent: Manus Patrick Cassidy 215-620-6943,
KW Empower
Source: Bright MLS,MLS#: PAPH2593280
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Bathroom 1
Bedroom 1
- Level: Upper
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Bathroom 1
- Level: Upper
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Central, Natural Gas
Cooling
- Central Air
Appliances
- Included: Water Heater
Features
- Basement: Other
- Has fireplace: No
Interior area
- Total structure area: 0
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 670 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 364099400
- Zoning: RSA5
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Newbold
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Tax assessed value: $59,400
- Annual tax amount: $831
- Date on market: 3/12/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$243,200
$231,000 - $255,000
$1,711/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Price change | $609,000-2.6% |
Source: | ||
| 5/5/2026 | Price change | $625,000-3.8% |
Source: | ||
| 4/19/2026 | Price change | $650,000-3.7% |
Source: | ||
| 3/13/2026 | Price change | $675,000+175.5% |
Source: | ||
| 3/12/2026 | Listed for sale | $245,000+14% |
Source: | ||
| 3/13/2019 | Listing removed | $215,000 |
Source: Keller Williams Philly #PAPH505022 Report a problem | ||
| 3/6/2019 | Price change | $215,000-6.1% |
Source: Keller Williams Philly #PAPH505022 Report a problem | ||
| 2/19/2019 | Listing removed | $1,424 |
Source: Ikos Holdings, Inc. Report a problem | ||
| 2/19/2019 | Price change | $1,424-0.1% |
Source: Ikos Holdings, Inc. Report a problem | ||
| 2/1/2019 | Listed for sale | $229,000+177.6% |
Source: Keller Williams Philly #PAPH505022 Report a problem | ||
| 1/29/2019 | Listed for rent | $1,425+10% |
Source: Ikos Holdings, Inc. Report a problem | ||
| 8/22/2017 | Listing removed | $1,295 |
Source: The Philly Apartment Company Report a problem | ||
| 8/2/2017 | Price change | $1,295+3.6% |
Source: Zillow Rental Manager Report a problem | ||
| 7/10/2017 | Price change | $1,250-3.5% |
Source: Keller Williams Philly #6989642 Report a problem | ||
| 6/8/2017 | Price change | $1,295-7.2% |
Source: Keller Williams Philly #6989642 Report a problem | ||
| 5/24/2017 | Listed for rent | $1,395 |
Source: Keller Williams Philly #6989642 Report a problem | ||
| 7/31/2016 | Sold | $82,500-17.4% |
Source: Public Record Report a problem | ||
| 6/3/2016 | Listed for sale | $99,900+354.1% |
Source: Peters Gordon Realty #6802690 Report a problem | ||
| 10/8/2013 | Sold | $22,000-26.7% |
Source: Public Record Report a problem | ||
| 4/17/2012 | Listing removed | $30,000 |
Source: CENTURY 21 ADVANTAGE GOLD #5795975 Report a problem | ||
| 8/27/2011 | Price change | $30,000-14.3% |
Source: CENTURY 21 ADVANTAGE GOLD #5795975 Report a problem | ||
| 1/13/2011 | Price change | $35,000-12.5% |
Source: CENTURY 21 ADVANTAGE GOLD #5795975 Report a problem | ||
| 11/6/2010 | Listed for sale | $40,000 |
Source: CENTURY 21 ADVANTAGE GOLD #5795975 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,382 +13.8% | $170,200 +13.8% |
| 2024 | $2,093 | $149,500 |
| 2023 | $2,093 +46.3% | $149,500 |
| 2022 | $1,431 | -- |
| 2021 | $1,431 +7.6% | -- |
| 2018 | $1,330 -77.1% | -- |
| 2017 | $5,804 +598% | -- |
| 2016 | $831 +5.6% | -- |
| 2015 | $787 | -- |
| 2014 | $787 -1.1% | $59,400 +1719.9% |
| 2012 | $796 | $3,264 |
| 2011 | -- | $3,264 |
| 2010 | -- | $3,264 |
| 2009 | -- | $3,264 |
| 2008 | -- | $3,264 |
| 2007 | -- | $3,264 +7.4% |
| 2006 | -- | $3,040 |
| 2005 | -- | $3,040 |
| 2004 | -- | $3,040 |
| 2003 | -- | $3,040 |
| 2002 | -- | $3,040 |
| 2000 | -- | $3,040 |
| 1999 | -- | $3,040 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
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Climate risks
Neighborhood: Point Breeze
Nearby schools
GreatSchools rating
- 3/10Mcdaniel Delaplaine SchoolGrades: K-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.
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