Fantastic income-producing 4-unit property located right on South Broad Street! The first-floor commercial space has been converted into a residential apartment, making this a fully residential, legal 4-unit building. Each unit features updated hardwood floors throughout, providing modern appeal and low maintenance. Rent below Market. The owner pays water and heating, with one central heater servicing the entire building. Electric meters are separated, allowing tenants to manage their own usage. Additional perks include individual storage units in the basement for each tenant — a rare and valuable feature for city rentals. Located close to public transportation, major highways, and Philadelphia’s sports stadiums, this property sits in the heart of where the city celebrates — enjoy watching the parades right from Broad Street! Whether you’re a seasoned investor or new to multi-family ownership, 2318 S Broad Street offers strong rental income, steady tenant demand, and unbeatable location.
For sale
Price cut: $24K (4/1)
$775,000
2318 S Broad St, Philadelphia, PA 19145
6beds
--baths
2,814sqft
Townhouse
Built in 1914
-- sqft lot
$743,600 Zestimate®
$275/sqft
$-- HOA
What's special
Low maintenanceUpdated hardwood floors
- 246 days |
- 188 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Joey Fang 215-869-8636,
Canaan Realty Investment Group 2153331826
Source: Bright MLS,MLS#: PAPH2553058
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- Baseboard, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 2,814
- Total interior livable area: 2,814 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: Accessible Hallway(s)
Features
- Pool features: None
Lot
- Size: 1,440 Square Feet
- Dimensions: 18.00 x 80.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 871122500
- Zoning: RSA5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Straight Thru
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Block
- Roof: Flat
Condition
- Good
- New construction: No
- Year built: 1914
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $275/sqft
- Tax assessed value: $505,200
- Annual tax amount: $7,071
- Date on market: 10/27/2025
- Listing agreement: Exclusive Right To Sell
- Exclusions: Tenants Belongings.
- Ownership: Fee Simple
- Total actual rent: 58200
Estimated market value
$743,600
$706,000 - $781,000
$1,658/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Price change | $775,000-3%$275/sqft |
Source:  Bright MLS #PAPH2553058 Report a problem | ||
| 10/27/2025 | Listed for sale | $799,000-3.7%$284/sqft |
Source: Bright MLS #PAPH2553058 Report a problem | ||
| 10/7/2025 | Listing removed | $830,000$295/sqft |
Source: Bright MLS #PAPH2478724 Report a problem | ||
| 6/25/2025 | Price change | $830,000-2.4%$295/sqft |
Source: Bright MLS #PAPH2478724 Report a problem | ||
| 5/5/2025 | Listed for sale | $850,000+150%$302/sqft |
Source: Bright MLS #PAPH2478724 Report a problem | ||
| 7/24/2014 | Sold | $340,000-10.5%$121/sqft |
Source: Public Record Report a problem | ||
| 4/13/2014 | Price change | $379,900-4.8%$135/sqft |
Source: Berkshire Hathaway HomeServices Fox & Roach, Realtors #6342872 Report a problem | ||
| 2/27/2014 | Listed for sale | $399,000$142/sqft |
Source: Berkshire Hathaway HomeServices Fox & Roach, Realtors #6342872 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,072 +24.7% | $505,200 +24.7% |
| 2024 | $5,669 | $405,000 |
| 2023 | $5,669 +23.7% | $405,000 |
| 2022 | $4,584 | -- |
| 2021 | $4,584 +1% | -- |
| 2018 | $4,540 | -- |
| 2017 | $4,540 +3% | -- |
| 2016 | $4,408 +13.6% | -- |
| 2015 | $3,880 | -- |
| 2014 | $3,880 | $277,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: Girard Estates
Nearby schools
GreatSchools rating
- 5/10Girard Stephen SchoolGrades: K-4Distance: 0.4 mi
- 6/10Fell D Newlin SchoolGrades: K-8Distance: 0.6 mi
- 3/10South Philadelphia High SchoolGrades: PK,9-12Distance: 0.1 mi
Schools provided by the listing agent
- District: Philadelphia City
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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A local lender can help you make sure your offer is ready when you are.
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