Welcome to 788 S 2nd Street, a legally zoned triplex ideally located in the heart of Queen Village—one of Philadelphia’s most sought-after and charming neighborhoods. This well-positioned investment opportunity features strong in-place income with Unit 1 currently rented for $1,825/month and Unit 2 for $1,575/month, while Unit 3 is vacant, offering the perfect setup for an owner-occupant or the ability to lease at approximately $1,275/month to maximize cash flow. The property is surrounded by award-winning restaurants, coffee shops, boutique shopping, and beloved neighborhood parks, all contributing to the vibrant, walkable lifestyle that makes Queen Village so special. With its unbeatable location, consistent rental demand, and flexible living/income potential, this is a rare opportunity to own a versatile asset in one of the city’s most desirable communities.
For sale
Price cut: $14K (6/11)
$685,000
788 S 2nd St, Philadelphia, PA 19147
5beds
--baths
2,113sqft
Townhouse
Built in 1915
-- sqft lot
$673,500 Zestimate®
$324/sqft
$-- HOA
What's special
- 97 days |
- 908 |
- 45 |
Zillow last checked:
Listing updated:
Listed by:
Rick Land 609-992-8248,
KW Empower 215-627-3500,
Listing Team: Ccl Team
Source: Bright MLS,MLS#: PAPH2603318
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 2,113
- Total interior livable area: 2,113 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 904 Square Feet
- Dimensions: 14.00 x 64.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 022130900
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Stone
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $324/sqft
- Tax assessed value: $699,600
- Annual tax amount: $9,793
- Date on market: 4/3/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
- Total actual rent: 58200
- Income includes: Apartment Rentals
Estimated market value
$673,500
$640,000 - $707,000
$3,194/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Price change | $685,000-2%$324/sqft |
Source:  Bright MLS #PAPH2603318 Report a problem | ||
| 4/22/2026 | Price change | $699,000-3.6%$331/sqft |
Source: Bright MLS #PAPH2603318 Report a problem | ||
| 4/3/2026 | Listed for sale | $724,900+6.6%$343/sqft |
Source: Bright MLS #PAPH2603318 Report a problem | ||
| 8/5/2024 | Sold | $680,000-2.9%$322/sqft |
Source: Bright MLS #PAPH2283196 Report a problem | ||
| 4/24/2024 | Contingent | $700,000$331/sqft |
Source:  Long & Foster Broker Feed #PAPH2283196 Report a problem | ||
| 3/17/2024 | Price change | $700,000-1.4%$331/sqft |
Source: Bright MLS #PAPH2283196 Report a problem | ||
| 2/16/2024 | Price change | $710,000-2.1%$336/sqft |
Source: Bright MLS #PAPH2283196 Report a problem | ||
| 1/2/2024 | Price change | $725,000-3.3%$343/sqft |
Source: Bright MLS #PAPH2283196 Report a problem | ||
| 11/4/2023 | Price change | $750,000-3.2%$355/sqft |
Source: Bright MLS #PAPH2283196 Report a problem | ||
| 10/18/2023 | Listed for sale | $775,000$367/sqft |
Source: Bright MLS #PAPH2283196 Report a problem | ||
| 6/14/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/10/2022 | Price change | $1,750-1.4%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 5/5/2022 | Listed for rent | $1,775+4.4%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/31/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/5/2021 | Price change | $1,700-2.9%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/7/2020 | Price change | $1,750+6.1%$1/sqft |
Source: Owner Report a problem | ||
| 11/29/2020 | Price change | $1,650-5.7%$1/sqft |
Source: Owner Report a problem | ||
| 11/1/2020 | Price change | $1,750+6.1%$1/sqft |
Source: Owner Report a problem | ||
| 10/4/2020 | Listed for rent | $1,650$1/sqft |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/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: Queen Village
Nearby schools
GreatSchools rating
- 10/10Meredith William M SchoolGrades: K-8Distance: 0.2 mi
- 2/10Furness Horace High SchoolGrades: 9-12Distance: 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.
A local agent can set up tours, give advice and negotiate with sellers.
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