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Sold for $1,562,500
  • $1,562,500

    2609-11 Federal St, Philadelphia, PA 19146

    8beds
    --baths
    6,732sqft
    Townhouse
    Built in 2020
    -- sqft lot
    $1,563,000 Zestimate®
    $232/sqft
    $3,746 Estimated rent

    Home value

    $1,563,000

    $1.48M - $1.64M

    $3,746/mo

    Zestimate® history
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    Owner options

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    $3,746/mo

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    $3,746/mo

    Rent Zestimate®

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    $9,493/mo

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    $9,493/mo

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    What's special

    **Investor's Dream and Owner-Occupied Opportunity in Rapidly Developing Point Breeze!** Welcome to this exceptional fully rented multi-use quadplex over commercial situated in the vibrant and rapidly evolving neighborhood of Point Breeze, Philadelphia. Constructed in 2020, this modern gem combines luxury with practicality, offering a fantastic opportunity for both investors and owner-occupied buyers. **Key Features:** - **New Construction**: Completed in 2020, this mixed-use building boasts contemporary design and high-quality finishes throughout, ensuring low maintenance for years to come. - **Ten-Year Tax Abatement**: Enjoy significant savings with a full tax abatement, enhancing your investment returns. - **Fully Rented**: You have the option to move into the commercial space and/or Unit-B. If you prefer, it can be delivered rented along with the other three apartments. The stable rental income makes this an attractive investment opportunity. - **Investment Potential**: With ongoing development in the area, property values are expected to rise, making this an excellent long-term investment. **Group Purchase Opportunity:** This property can be purchased individually or as part of a group purchase with three other fully-rented new construction buildings located at 1105 S. 27th St, 1107 S. 27th St, and 2613 Federal St. This presents a rare opportunity to quickly expand your rental portfolio with instant rental income. Secure these strategically located properties and benefit from the thriving rental market in Philadelphia. Whether you are looking to expand your investment portfolio or seeking a property where you can live and generate income, this duplex offers versatility and financial benefits. Don't miss out on this opportunity to own a piece of one of Philadelphia's most promising neighborhoods. Schedule a viewing today and envision the possibilities! Commercial Office + Garage - 1.5 bath Unit-A - 2 bed / 2 bath Unit-B - 2 bed / 2 bath Unit-C - 2 bed / 2 bath Unit-D - 2 bed / 2 bath

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Ostroff 215-901-2141,

    Compass RE

    Bought with:

    Matthew Ostroff

    Compass RE

    Source: Bright MLS,MLS#: PAPH2511066MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Stainless Steel Appliance(s), Dishwasher, Washer, Dryer, Oven/Range - Gas, Refrigerator, Freezer, Gas Water Heater
    Features
    • Basement: Partially Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 6,732
    • Total interior livable area: 6,732 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Oversized, Attached, Driveway
    • Attached garage spaces: 8
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Patio & porch: Roof Deck
    • Pool features: None
    Lot
    • Size: 2,432 sqft
    • Dimensions: 32.00 x 76.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 362023700
    • Zoning: CMX2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Townhouse
    Materials
    • Brick, Block, Masonry
    • Foundation: Concrete Perimeter, Slab
    • Roof: Fiberglass
    Condition
    • Excellent
    • New construction: No
    • Year built: 2020

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Security System, Fire Sprinkler System, Smoke Detector(s), Carbon Monoxide Detector(s)
    Location
    • Region: Philadelphia
    • Subdivision: Point Breeze
    • Municipality: PHILADELPHIA

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/29/2026Sold$1,562,500-3.8%$232/sqft
    Source: Bright MLS #PAPH2511066 Report a problem
    3/19/2026Price change$1,625,000-4.4%$241/sqft
    Source: Bright MLS #PAPH2511066 Report a problem
    1/30/2026Price change$1,699,000-2.9%$252/sqft
    Source: Bright MLS #PAPH2511066 Report a problem
    10/11/2025Price change$1,750,000-5.4%$260/sqft
    Source: Bright MLS #PAPH2511066 Report a problem
    7/11/2025Listed for sale$1,850,000+1441.7%$275/sqft
    Source: Bright MLS #PAPH2511066 Report a problem
    2/28/2020Listing removed$1,525
    Source: Center City-Society Hill #PAPH838952 Report a problem
    2/18/2020Price change$1,525-11.6%
    Source: Center City-Society Hill #PAPH838952 Report a problem
    10/7/2019Listed for rent$1,725
    Source: Center City-Society Hill #PAPH838952 Report a problem
    8/20/2014Sold$120,000+781.8%$18/sqft
    Source: Public Record Report a problem
    9/3/1998Sold$13,608$2/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,582 $970,300
    2024$13,582 $970,300
    2023$13,582 +3390.3%$970,300
    2022$389 --
    2021$389 --
    2018$389 --
    2017$389 --
    2016$389 --
    2015$389 --
    2014$389 +4.5%$27,800 +768.8%
    2012$373 $3,200 +212.5%
    2011-- $1,024
    2010-- $1,024
    2009-- $1,024
    2008-- $1,024
    2007-- $1,024 +6.7%
    2006-- $960
    2005-- $960
    2004-- $960
    2003-- $960 -16.7%
    2002-- $1,152
    2000-- $1,152

    Find assessor info on the county website

    Neighborhood: Grays Ferry

    Nearby schools

    GreatSchools rating
    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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    Estimated market value
    $1,563,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,563,000