MLS: #PAPH2657594, Listed By: Matthew Ostroff, Compass Pennsylvania, LLC, Source:Bright MLS
1642 South Street
PHILADELPHIA, PA 19146
4
Bed
0
Bath
3,785Sqft
0.03Acre(Lot)
Positioned on a prime corner of one of the city’s most vibrant corridors, 1642 South Street represents a rare chance to acquire a high-performing, fully occupied asset. This isn’t just a building; it’s a turnkey addition to any portfolio where you can start collecting rent on day one. The property features two expansive 2-bedroom, 2-bathroom apartments that feel incredibly airy and bright. Thanks to the corner orientation, oversized windows to the north and east flood the living spaces with natural light, creating a sense of volume and warmth that is hard to find in urban rentals. These units offer the kind of scale and layout that keeps occupancy high and turnover low. Anchoring the building is a thriving commercial space occupied by a long-term triple net (NNN) tenant. With a recently
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Room Information
Has Basement: Yes Basement: Exterior Entry, Sump Pump, Bath/Stubbed -
Roofing Information
Rubber, Fiberglass -
Interior Features
Roof: Rubber, Fiberglass Appliances: Gas Range, Gas Oven, Electric Water Heater, Washer/Dryer Stacked, Dishwasher, Refrigerator, Freezer, Water Heater, Microwave -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Electric
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Building Information
Year Built: 2002 Building Area Total: 3785 Pool Features: None Private Pool: No
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Lot Information
Lot Dimensions: 41.00 x 35.00 Lot Size Acres: 0.03 Lot Size Source: Assessor Lot Size Square Feet: 1416Property Information
Subdivision: GRADUATE HOSPITAL Source Property Type: Residential Income Postal Code Plus 4: 1542 Property SubType: Townhouse Property Age: 24
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Listing Price Information
Listing Price: $1475000
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Tax Information
Parcel Number: 871135150 Tax Lot: 497 Tax Year: 2026 Annual Tax: $16346
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Parking Information
On Street
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Location Information
Direction: Traveling East on South Street from 18th Street, the building will be on your right at the SE corner of 17th & South Streets WaterSource: Public Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1417 S 15th Street, Philadelphia, PA, 19146 | $475,000 | 5 | 2 | 1,864 | 1,864 SqFt |
| 1505 Carpenter Street, Philadelphia, PA, 19146 | $799,000 | 5 | -- | 2,261 | 2,261 SqFt |
| 1016 S 17th Street #B, Philadelphia, PA, 19146 | $624,900 | 3 | 3 | 1,690 | 1,690 SqFt |
| 2301 Montrose Street, Philadelphia, PA, 19146 | $560,000 | 2 | 3 | 1,602 | 1,602 SqFt |
| 1136 S 26th Street, Philadelphia, PA, 19146 | $439,900 | 4 | 4 | 2,050 | 2,050 SqFt |
| 1534 S Etting Street, Philadelphia, PA, 19146 | $158,900 | 3 | 1 | 1,021 | 1,021 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 08/17/2026 @ 12:25
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