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$1,100,000
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Property Description
This is a rare opportunity to own a FULLY RENOVATED, four-unit building located in the highly sought-after Queen Village neighborhood. The property is ideally situated in the heart of the area, offering both excellent foot traffic and a vibrant community atmosphere. The first floor features a WELL-ESTABLISHED hair salon helping to provide a steady stream of income. The remaining three units consist of two spacious 1-bedroom apartments and one 2-bedroom apartment, each designed to appeal to today's renters with modern finishes, ample natural light, and attractive layouts. These units are highly marketable, making them ideal for generating consistent rental income. With a GROSS ANNUAL CASH FLOW OF OVER $93,000, this property presents a fantastic investment opportunity. Whether you're looking for a HIGH-PERFORMING addition to your real estate portfolio, seeking a prime location, or looking to JUMP INTO THE REAL ESTATE BUSINESS, and enjoying a steady stream of rental income, this building offers both versatility and FINANCIAL UPSIDE.
Full Property Details
Full Property Details for 113 South St
General
- Price: $1,100,000
- Taxes: $8,584 (2024)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2439066
- Updated: 12/17/2025
- Added to Site: 356 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Parking Type: On Street
Location
- Area: 19147 (19147)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: PHILADELPHIA (SOUTH)
- Driving Directions: Use GPS
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Ceiling Fan(s)
- Cooling Fuel: Natural Gas
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Septic
- Water: Public
Structural Information
- Construction: Masonry
- Building Size: 2928
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,151
- Lot Size Source: Assessor
- Lot Dimensions: 17.00 x 70.00
- Zoning: CMX1
Financial Considerations
- Price Per Sq. Ft.: $375.68
- Assessment Year: 2025
- School Tax: $4,807
- City/TownTax: $3,777
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $613,300
- Tax Amount: $8,584
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 208
Listed by Maxwell Realty Company, Nancy L Alperin
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Schools
Schools serving 113 South St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
McCall Gen George A School 325 South 7th Street, Philadelphia, PA 19106 | K-8 | 0.5 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 113 South St
Date
Details
Price
Change
Source
1/28/2025
Listed
$1,100,000
84.87%
MLS
6/26/2020
Sold
$595,000
—
Public Record
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 113 South St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,585
—
$613,300
—
2024
$8,585
7114%
$613,300
100%
2021
$119
-99%
-100%
2023
$8,319
3%
$594,300
3%
2020
$8,095
1%
$578,300
1%
2019
$8,015
—
$572,600
—
2018
$7,979
20%
$570,000
20%
2017
$6,667
—
$476,300
—
2016
$6,667
4%
$476,300
—
2015
$6,382
—
$476,300
—
2014
$6,382
-36%
$476,300
365%
2013
$10,006
—
$102,400
—
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 113 South St
113 South Street, Philadelphia, PA 19147 (MLS# PAPH2439066) is a Apartment property. 113 South Street is currently listed for $1,100,000 and was received on January 28, 2025. Want to learn more about 113 South Street? Do you have questions about finding other Apartment real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

