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MLS: #PAPH2612632, Listed By: Joe Hill, Homestarr Realty, Source:Bright MLS

1215 S 23rd Street

PHILADELPHIA, PA 19146
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Bed 5

Bed

Bath 0

Bath

SqFt3,000

Sqft

Acres0.02

Acre(Lot)

Positioned in the rapidly appreciating Graduate Hospital / Point Breeze corridor of Philadelphia, this fully operational, income-producing duplex offers a rare opportunity to acquire a proven, turnkey asset with immediate cash flow and long-term tax advantages. Designed for both flexibility and performance, the property features two completely independent residences with separate entrances, allowing each unit to function as its own private home. Each level spans approximately 1,500 square feet, delivering generous layouts rarely found in comparable multifamily properties. The upper residence offers a 3-bedroom, 3-bath configuration, complete with a private deck and can be delivered fully furnished. Currently operating as a successful short-term rental, this unit boasts documented income, s trong guest reviews, and consistent occupancy, with future bookings already in place, allowing the next owner to step directly into an established revenue stream. The lower residence features a well-appointed 2-bedroom, 2-bath layout with access to a private backyard, ideal for owner-occupancy, long-term rental, or additional short- or mid-term income generation. What sets this property apart is not just its design, but its performance and financial efficiency. With approximately 7 years remaining on the Philadelphia 10-Year Tax Abatement, ownership benefits from significant ongoing tax savings, enhancing overall returns. Whether you are an investor seeking a plug-and-play short-term rental asset, or a buyer looking to live in one unit while generating income from the other, this property delivers unmatched versatility. With proven income history, forward bookings, and operational systems already in place, this is not a concept, it is a business already in motion. A rare opportunity to acquire a performing asset with built-in income, tax advantages, and long-term upside in one of Philadelphia’s most dynamic neighborhoods. Schedule your private showing today!

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Detail Ic Property Details

Property Type : Residential Income

Price : $949,000

AD Id : 77760334

MLS Id : PAPH2612632

Beds : 5

Lot Size : 0.02 Acre

Living Area Size : 3,000

Year Built : 1915

County : PHILADELPHIA

Subdivision: Point Breeze

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Feature Features

  • Bedroom Information

    Total beds: 5

    Room Information

    Has Basement: Yes Basement: Finished
  • Flooring Information

    Laminate
  • Roofing Information

    Flat
  • Interior Features

    Ceiling Fan(s), Recessed Lighting Roof: Flat Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Forced Air Has Cooling: Yes Cooling: Central Air, Ceiling Fan(s), Electric

  • Building Information

    Year Built: 1915 Building Area Total: 3000 Construction Materials: Brick Patio And Porch Features: Patio Pool Features: None Private Pool: No View: City
  • Exterior Features

    Exterior Features: Lighting, Rain Gutters

  • Lot Information

    Lot Size Acres: 0.02 Lot Size Source: Estimated Lot Size Square Feet: 871

    Property Information

    Subdivision: POINT BREEZE Source Property Type: Residential Income Postal Code Plus 4: 4247 Property SubType: Duplex Property Age: 111

  • Listing Price Information

    Listing Price: $949000

  • Tax Information

    Parcel Number: 361333400 Tax Lot: 321 Tax Year: 2026 Annual Tax: $3422

  • Parking Information

    On Street

  • Location Information

    Direction: From I‑76 East or West (Schuylkill Expressway): Take Exit 346A – South St, Turn right onto South St, Continue 0.6 miles, Turn left onto S 23rd St, Continue 0.3 miles, Property will be on the right. From Broad St / PA‑611: Head south on Broad St (PA‑611), Turn right onto Washington Ave, Continue 0.7 miles, Turn left onto S 23rd St, Continue 0.2 miles, Property will be on the left. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1508 S Broad St, Philadelphia, PA, 19146 $729,000 4 -- 3,105 3,105 SqFt
1438 Federal Street, Philadelphia, PA, 19146 $990,000 11 -- 5,174 5,174 SqFt
767 S 15th Street, Philadelphia, PA, 19146 $1,050,000 7 -- 2,776 2,776 SqFt
1250 S 15th Street, Philadelphia, PA, 19146 $499,900 3 -- 2,217 2,217 SqFt
1539 South Street, Philadelphia, PA, 19146 $845,000 3 -- 2,084 2,084 SqFt
1637 Carpenter Street, Philadelphia, PA, 19146 $1,200,000 6 -- 3,460 3,460 SqFt
1645 Ellsworth Street, Philadelphia, PA, 19146 $499,000 3 -- 1,851 1,851 SqFt
751 S 17th Street, Philadelphia, PA, 19146 $2,000,000 9 -- 2,853 2,853 SqFt
919 S 17th Street, Philadelphia, PA, 19146 $524,500 -- -- 3,204 3,204 SqFt
1713 South Street, Philadelphia, PA, 19146 $855,000 2 -- 1,920 1,920 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/21/2026 @ 23:08

MLS: PAPH2612632 LISTED BY: Joe Hill, Homestarr Realty 215-355-5565 SOURCE: Bright MLS

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