2308 Cecil B Moore Ave, Philadelphia, PA 19121

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
2308 Cecil B Moore Ave,Philadelphia, PA 19121
$425,000
  • 3 Beds
  • - Baths
  • 2,812 sq. ft.
  • Multi-family
  • Active
Listed by: xiaohui xie
Office: bhhs fox & roach wayne-devon
MLS#:PAPH2617848
Source:BRIGHTMLS

Price summary

  • Price:$425,000
  • Price per sq. ft.:$151.14

About this home

LOW TAX! 2308 Cecil B. Moore Ave is a strong cash-flowing 4-unit mixed-use investment opportunity positioned along the Ridge Ave & Cecil B. Moore corridors and located within a Qualified Opportunity Zone (QOZ). The property consists of three occupied 1BR/1BA residential units above a highly visible street-level commercial space, currently vacant and for owner use or additional income potential. 2310 Cecil B Moore is also for sale. All residential units are currently rented below market with primarily month-to-month leases, offering immediate upside through lease optimization and repositioning. Strong rental demand for 1-bedroom apartments in the area continues to support stable occupancy and predictable operations, whether targeting market-rate tenants or voucher programs. The commercial storefront benefits from excellent street exposure, steady neighborhood traffic, and flexible potential uses. Pro forma projections indicate an estimated 9.5%–10% CAP rate (buyer to verify),...

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Home facts

  • Year built:1920
  • Listing ID #:PAPH2617848
  • Added:64 day(s) ago
  • Updated:July 09, 2026 at 01:41 PM

Rooms and interior

  • Bedrooms:3
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:2,812 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Roof:Flat
  • Year built:1920
  • Building area:2,812 sq. ft.
  • Lot area:0.03 Acres
  • Architectural Style:Straight Thru
  • Construction Materials:Masonry
  • Foundation Description:Block, Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$425,000
  • Price per sq. ft.:$151.14
  • Tax amount:$2,943 (2025)

Parking

  • Parking description:On Street

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