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$795,000
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Property Description
Unique Bilevel Commercial Condominium at The Academy House! Don't miss this exceptional opportunity to acquire a 2100+ sq ft BILEVEL commercial condominium, prominently located on Locust Street, next to the ACADEMY OF MUSIC. This very VISABLE, and PRIME space, is perfect for business owners and investors alike, offering a rare chance to capitalize on both VALUE and an UNBEATABLE LOCATION. Whether you're looking to expand your portfolio or start a new venture, this property is a must-see!
Full Property Details
Full Property Details for 1420 Locust St #R4
General
- Price: $795,000
- Taxes: $7,719 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PAPH2404232
- Updated: 12/17/2025
- Added to Site: 476 day(s) ago
Business
- Business Type: Flex, Hair Salon and Spa, Other/General Retail, Profe
Parking
- Parking Type: None
Location
- Area: 19102 (19102)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Use GPS
Heating & Cooling
- Cooling Type: Other
- Cooling Fuel: Other
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Other
- Water: Other
Structural Information
- Construction: Masonry
- Building Size: 2142
- Year Built: 1977
- Year Built Source: Assessor
Unit Information
- # Tenants: Single
Lot Features
- Lot Size Source: Assessor
- Zoning: CMX5
Financial Considerations
- Price Per Sq. Ft.: $371.15
- Assessment Year: 2025
- School Tax: $4,323
- City/TownTax: $3,396
- City/TownTax Freq: Annually
- Tax w/Assessment: $551,500
- Tax Amount: $7,719
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 7096
Listed by Maxwell Realty Company, Nancy L Alperin
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Schools
Schools serving 1420 Locust St #R4
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Greenfield Albert M School 2200 Chestnut Street, Philadelphia, PA 19103 | K-8 | 0.7 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 1.1 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 1420 Locust St #R4
Date
Details
Price
Change
Source
10/01/2024
Listed
$795,000
—
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 1420 Locust St #R4
Year
Property Taxes
Change
Tax Assessment
Change
2025
$868
—
$5,418,500
—
2024
$868
—
$5,418,500
100%
2023
$868
-99%
100%
2021
$69,585
7917%
-100%
2023
$868
-99%
$56,869
-99%
2020
$69,585
—
$4,971,100
—
2019
$69,585
8480%
$4,971,100
—
2018
$811
-2%
$4,971,100
7%
2017
$830
—
$4,663,200
—
2016
$830
-99%
$4,663,200
—
2015
$62,487
—
$4,663,200
—
2014
$62,487
24895%
$4,663,200
1997%
2013
$250
—
$222,400
—
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 1420 Locust St #R4
1420 Locust Street #R4, Philadelphia, PA 19102 (MLS# PAPH2404232) is a Commercial Service property. 1420 Locust Street #R4 is currently listed for $795,000 and was received on October 01, 2024. Want to learn more about 1420 Locust Street #R4? Do you have questions about finding other Commercial Service real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

