1642 South St, Philadelphia, PA 19146

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
1642 South St,Philadelphia, PA 19146
$1,475,000
  • 4 Beds
  • - Baths
  • 3,785 sq. ft.
  • Multi-family
  • Active
Listed by: matthew ostroff
Office: compass pennsylvania, llc.
MLS#:PAPH2657594
Source:BRIGHTMLS

Price summary

  • Price:$1,475,000
  • Price per sq. ft.:$389.7

About this home

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 signed five-year renewal and an additional five-year option on the table, the ground floor provides the kind of stability and hands-off management investors crave. This is an investor’s dream...

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Home facts

  • Year built:2002
  • Subdivision & Development:GRADUATE HOSPITAL
  • Listing ID #:PAPH2657594
  • Added:57 day(s) ago
  • Updated:October 10, 2026 at 01:45 PM

Rooms and interior

  • Bedrooms:4
  • Kitchen Description:Built-In Microwave, Dishwasher, Freezer, Oven/Range - Gas, Refrigerator, Water Heater
  • Basement:Yes
  • Basement Description:Outside Entrance, Poured Concrete, Rough Bath Plumb, Sump Pump
  • Living area:3,785 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Fiberglass, Rubber
  • Year built:2002
  • Building area:3,785 sq. ft.
  • Lot area:0.03 Acres
  • Architectural Style:Contemporary
  • Construction Materials:Masonry
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,475,000
  • Price per sq. ft.:$389.7
  • Tax amount:$16,346 (2026)

Features and amenities

  • Amenities:Carbon Monoxide Detector(s), Fire Detection System, Smoke Detector

Parking

  • Parking description:On Street

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