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$949,000
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Property Description
Positioned in the rapidly appreciating Graduate Hospital / Point Breeze corridor of Philadelphia, this fully operational, income-producing duplex offers a rare opportunity to acquire a proven, turnkey asset with immediate cash flow and long-term tax advantages. Designed for both flexibility and performance, the property features two completely independent residences with separate entrances, allowing each unit to function as its own private home. Each level spans approximately 1,500 square feet, delivering generous layouts rarely found in comparable multifamily properties. The upper residence offers a 3-bedroom, 3-bath configuration, complete with a private deck and can be delivered fully furnished. Currently operating as a successful short-term rental, this unit boasts documented income, strong guest reviews, and consistent occupancy, with future bookings already in place, allowing the next owner to step directly into an established revenue stream. The lower residence features a well-appointed 2-bedroom, 2-bath layout with access to a private backyard, ideal for owner-occupancy, long-term rental, or additional short- or mid-term income generation. What sets this property apart is not just its design, but its performance and financial efficiency. With approximately 7 years remaining on the Philadelphia 10-Year Tax Abatement, ownership benefits from significant ongoing tax savings, enhancing overall returns. Whether you are an investor seeking a plug-and-play short-term rental asset, or a buyer looking to live in one unit while generating income from the other, this property delivers unmatched versatility. With proven income history, forward bookings, and operational systems already in place, this is not a concept, it is a business already in motion. A rare opportunity to acquire a performing asset with built-in income, tax advantages, and long-term upside in one of Philadelphia's most dynamic neighborhoods. Schedule your private showing today!
Full Property Details
Full Property Details for 1215 S 23rd St
General
- Price: $949,000
- Taxes: $3,422 (2026)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2612632
- Updated: 5/26/2026
- Added to Site: 46 day(s) ago
Rental Information
- Lease Info: None
Interior
- Interior Features: Ceiling Fan(s), Recessed Lighting, 2nd Kitchen, Bathroom - Stall Shower, Bathroom - Tub Shower, Bathroom - Walk-In Shower
- Flooring: Laminate Plank
Exterior
- Exterior Features: Exterior Lighting, Sidewalks, Street Lights, Gutter System, Roof Deck
- Porch/Patio/Deck: Roof, Patio(s)
Parking
- Parking Type: On Street
Location
- Area: 19146 (19146)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: POINT BREEZE
- Driving Directions: From I‑76 East or West (Schuylkill Expressway): Take Exit 346A – South St, Turn right onto South St, Continue 0.6 miles, Turn left onto S 23rd St, Continue 0.3 miles, Property will be on the right. From Broad St / PA‑611: Head south on Broad St (PA‑611), Turn right onto Washington Ave, Continue 0.7 miles, Turn left onto S 23rd St, Continue 0.2 miles, Property will be on the left.
- Location Details: Downtown
School Information
- School District: Philadelphia City
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Contemporary
- Structure Type: End of Row/Townhouse
- Construction: Masonry, Brick
- Basement: Yes
- Basement Desc.: Fully Finished
- Foundation: Block
- Roof: Flat
- Walls/Ceilings: Dry Wall
- Stories/Levels: 4
- Square Feet: 3,000
- Sq. Ft. Source: Estimated
- Living Area: 3,000 Sq. Ft.
- Finished Above Grnd: 2,250 Sq. Ft.
- Finished Below Grnd: 750 Sq. Ft.
- Year Built: 1915
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- Other Units: Unit 1, Unit 1
Lot Features
- Property View: City
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 871
- Lot Size Source: Estimated
- Zoning: RSA5
Financial Considerations
- Price Per Sq. Ft.: $421.78
- School Tax: $1,916
- City/TownTax: $1,505
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $244,500
- Tax Amount: $3,422
- Tax Year: 2026
- Tax Total Finished Sq. Ft.: 2250
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Unit B (bottom unit): Artwork and Livingroom Furniture
- Inclusions: All Appliances from both units, Unit A (top unit): Everything included, Unit B (bottom unit): Office Furniture, Bedroom Furniture, TV Stand. (all items are negotiable)
- Lot Number: 321
Listed by Homestarr Realty, Joe Hill
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Schools
Schools serving 1215 S 23rd St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Edwin M Stanton School 1700 Christian Street, Philadelphia, PA 19146 | K-8 | 0.6 mi |
South Philadelphia High School 2101 South Broad Street, Philadelphia, PA 19148 | 9-12 | 1.2 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 1215 S 23rd St
Date
Details
Price
Change
Source
5/26/2026
Price Reduced
$949,000
-2.67%
MLS
4/25/2026
Listed
$975,000
51.16%
MLS
4/27/2023
Sold
$645,000
—
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 1215 S 23rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,423
—
$620,000
—
2024
$3,423
-62%
$620,000
-5%
2023
$9,099
327%
$650,000
100%
2021
$2,132
-38%
-100%
2023
$3,423
61%
$244,500
61%
2020
$2,132
8%
$152,300
8%
2019
$1,982
24%
$141,600
25%
2018
$1,592
—
$113,700
—
2017
$1,592
—
$113,700
—
2016
$1,592
4%
$113,700
—
2015
$1,524
—
$113,700
—
2014
$1,524
22%
$113,700
788%
2013
$1,251
—
$12,800
—
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 1215 S 23rd St
1215 S 23rd Street, Philadelphia, PA 19146 (MLS# PAPH2612632) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 1215 S 23rd Street is currently listed for $949,000 and was received on April 25, 2026. Want to learn more about 1215 S 23rd 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.

