1231 S Philip St, Philadelphia, PA 19147

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
1231 S Philip St,Philadelphia, PA 19147
$1,200,000
  • 2 Beds
  • - Baths
  • 1,440 sq. ft.
  • Multi-family
  • Active
Listed by: moshe adika, alex c prince
Office: tcs management, llc.
MLS#:PAPH2575476
Source:BRIGHTMLS

Price summary

  • Price:$1,200,000
  • Price per sq. ft.:$833.33

About this home

"PROPERTY IS SOLD AS A PACKAGE. LIST PRICE REFLECTS SALE OF 1228 S 2ND 1230 S 2ND AND PHILIP ST" Presenting the opportunity to acquire the fee simple interest in 1228-30 South 2nd Street and 1231 S. Philip Street, a boutique 7-unit multifamily property located in the heart of Pennsport, an attractive and rapidly gentrifying residential neighborhood in South Philadelphia. The Property offers investors an attractive entry point into a strong neighborhood known for low vacancy, strong demographics, and sustained rental demand. The Property features a well-balanced mix of (5) two-bedroom/one-bath rental units and (2) one-bedroom/one-bath rental units, with an average monthly in-place rent of $1,551. The layouts cater to a diverse renter base, including young professionals, couples, and small families. In-place rents range from $1,400 to $1,700 for the one-bedroom units and $1,440 to $1,700 for the two-bedroom units, providing measurable room for repositioning or incremental increases...

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Home facts

  • Year built:1920
  • Listing ID #:PAPH2575476
  • Added:250 day(s) ago
  • Updated:September 23, 2026 at 01:39 PM

Rooms and interior

  • Bedrooms:2
  • Living area:1,440 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central

Structure and exterior

  • Year built:1920
  • Building area:1,440 sq. ft.
  • Lot area:0.02 Acres
  • Construction Materials:Masonry

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,200,000
  • Price per sq. ft.:$833.33
  • Tax amount:$4,209 (2025)

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