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$1,490,000
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Property Description
Located in a high-visibility urban setting, 1048 South St is a premier mixed-use property that offers an exceptional investment or owner-user opportunity. This versatile building features a ground-floor commercial storefront-currently operating as a well-established dental practice-with two separate residential units located directly above for excellent income potential. Residents and businesses alike benefit from a "Walker's Paradise" lifestyle, with a Walk Score of 98 and immediate access to nearby essentials like ACME Markets and Whole Foods. The property is steps away from some of the city's most iconic attractions, including Jim's South St. and the Philadelphia Magic Gardens. This unique three-story asset represents a rare chance to own a multi-unit building in one of Philadelphia's most energetic and amenity-rich corridors.
Full Property Details
Full Property Details for 1048 South St
General
- Price: $1,490,000
- Taxes: $10,133 (2025)
- Status: Active
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: PAPH2573108
- Updated: 3/13/2026
- Added to Site: 86 day(s) ago
Business
- Business Type: Other/General Retail
Parking
- Parking Type: On Street
Location
- Area: 19147 (19147)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: South St and S Clifton St
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,415
- Lot Size Source: Assessor
- Lot Dimensions: 25.00 x 58.00
- Zoning: CMX25
Financial Considerations
- Assessment Year: 2025
- School Tax: $5,674
- City/TownTax: $4,458
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $723,900
- Tax Amount: $10,133
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 166
Listed by Keller Williams Main Line, Sam A Akif and KW Empower, Michael R. McCann
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Schools
Schools serving 1048 South St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Fanny Jackson Coppin School 1213 South 12th Street, Philadelphia, PA 19147 | K-8 | 0.6 mi |
Furness Horace High School 1900 South 3rd Street, Philadelphia, PA 19148 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1048 South St
Date
Details
Price
Change
Source
3/13/2026
Price Reduced
$1,490,000
-6.29%
MLS
1/09/2026
Listed
$1,590,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1048 South St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,133
—
$723,900
—
2024
$10,133
34%
$723,900
100%
2021
$7,542
-15%
-100%
2023
$8,872
18%
$633,800
18%
2020
$7,542
1%
$538,800
1%
2019
$7,468
9%
$533,500
9%
2018
$6,852
7%
$489,500
7%
2017
$6,400
—
$457,200
—
2016
$6,400
4%
$457,200
—
2015
$6,126
—
$457,200
—
2014
$6,126
-28%
$457,200
421%
2013
$8,567
—
$87,680
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1048 South St
1048 South Street, Philadelphia, PA 19147 (MLS# PAPH2573108) is a Retail property. 1048 South Street is currently listed for $1,490,000 and was received on January 09, 2026. Want to learn more about 1048 South Street? Do you have questions about finding other Retail real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

