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$585,000
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Property Description
Fully occupied triplex in an A+ location at 15th & Ellsworth. 94 WalkScore. One block to Broad Street Subway. Two blocks to Giant, Sprouts, Target, Starbucks, PetSmart, and a lot more. Easy walk to East Passyunk, the Italian Market, and Center City. Turn-key investment in a desirable location. Solid Cap Rate! In great condition with fully separated gas and electric. The building is fully zoned for 3 units with an active rental license for 3 units. All units include in-unit dishwasher and washer/dryer, central air, hardwood floors, and outdoor space. Each unit has reasonable rents and is in great condition-exactly what tenants are looking for. These units are always easy to rent. The current owner values both quality tenants and no vacancies. Leases run into mid-2026. ✅ 1149 S 15th is also being offered as part of a larger portfolio with various purchase options. Details on the portfolio and all package combinations include--Superb turn-key commercial investment package. Includes 6 fully occupied, income-generating apartment buildings (37 total units) in excellent locations. 23 units in red-hot Germantown. 9 units at prime 15th & Ellsworth location. 5 units in University City. All new or newer buildings, some with remaining tax abatements✅ Solid Cap Rates!✅ Each apartment building is fully turnkey, and in excellent condition✅ Fully separated gas and electric✅ All units legally zoned with active rental licenses corresponding to exact number of units✅ All units include in-unit dishwasher and washer/dryer✅ New or newer stainless-steel appliances & granite countertops in 34 units (3 units have nice white appliances)✅ Some units with nice outdoor space as well✅ Each unit has reasonable rents for its desirable location and pristine condition-exactly what tenants are looking for. Always easy to rent✅ The current owner values both quality tenants and no vacancies. Most leases run into mid-2026. All buildings well-cared for and maintained with a striking pride of ownership. ✅ The 6-building breakdown is as follows: 4529 Pulaski (14 units-2022 ground-up new construction--Tax Abatement thru 2031)-$2,550,000✅ 4637 Germantown (9 units-2024 ground up new construction-Tax Abatement thru 2035)-$1,635,000✅ These two buildings are a few blocks apart and are also available as a solid 23-unit mini package at $4,185,000. Superb location in burgeoning Wayne Junction-walkable to Attic Brewing, Deke's etc. Transit hub and Right off the Roosevelt Extension (US1)✅ 1148 & 1150 S 15th (6 units being sold together; both 2014 new construction)-$1,400,000✅ 1149 S 15th (3 units-available individually or with 1148-1150; 2008 total rehab)-$625,000✅ 1149 is directly across the street. All nine 15th Street units available for $2,025,000 A+ location at 15th & Ellsworth. 94 WalkScore. One block to Broad Street Subway. Two blocks to Giant, Sprouts, Target, Starbucks, PetSmart, and a lot more. Easy walk to East Passyunk, Italian Market, and Center City✅ 5027 Spruce Street (5 units-2017 ground up new construction-Tax abatement thru 2026)-$925,000. Lovely University City block. Walk to tons of restaurants and shops; Penn, HUP, CHOP, and Drexel; great SEPTA access. ✅ Excellent numbers-the entire package offers a 6.92% cap rate. OFFERING MEMORANDUM available upon request. Includes individual building rents, terms, expenses, NOIs, cap rates, and other information. ✅ Two additional Development Opportunities are also available for purchase: 5037 Wissahickon-Zoning approval for 18 residential units and one commercial space-$625,000✅ 4633 Germantown-Vacant lot with potential to also acquire city owned corner lot next door-$50,000. Note that the 4633 Germantown vacant lot goes street to street and has a clear encroachment built onto the rear portion. ✅ Contact Listing Agent for Offering Memorandum. OM includes bed/bath breakdown.
Full Property Details
Full Property Details for 1149 S 15th St
General
- Sold For: $585,000
- Taxes: $8,618 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2524324
- Added to Site: 125 day(s) ago
Rental Information
- Lease Info: Yearly
Interior
- Flooring: Hardwood
Exterior
- Porch/Patio/Deck: Patio(s)
Parking
- Parking Type: On Street
Location
- Area: 19145 (19145)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: NEWBOLD
- Cross Streets: Ellsworth
- Driving Directions: On the 1100 block of S 15th Street.
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full
- Foundation: Concrete Perimeter
- Square Feet: 1,886
- Sq. Ft. Source: Assessor
- Living Area: 1,886 Sq. Ft.
- Finished Above Grnd: 1,886 Sq. Ft.
- Year Built: 1925
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2, Unit 3
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,700
- Lot Size Source: Assessor
- Lot Dimensions: 17.00 x 100.00
- Zoning: RSA5
- Lot Description: Rear Yard
Financial Considerations
- Price Per Sq. Ft.: $331.39
- Assessment Year: 2025
- Tax w/Assessment: $615,700
- Tax Amount: $8,618
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1886
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants' Personal Property
- Inclusions: All appliances.
- Lot Number: 134
Listed by Compass Pennsylvania, LLC, Jeffrey Block
Sold by Liberty Real Estate, Richard Q Li
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Schools
Schools serving 1149 S 15th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Edwin M Stanton School 1700 Christian Street, Philadelphia, PA 19146 | K-8 | 0.3 mi |
South Philadelphia High School 2101 South Broad Street, Philadelphia, PA 19148 | 9-12 | 0.9 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 1149 S 15th St
Date
Details
Price
Change
Source
12/10/2025
Sold
$585,000
-6.4%
MLS
9/15/2025
Listed
$625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1149 S 15th Street, Philadelphia, PA 19146 (MLS# PAPH2524324) is a Townhouse property that was sold at $585,000 on December 10, 2025. Want to learn more about 1149 S 15th Street? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

