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$225,000
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Property Description
Attention Developers and Investors - Don't miss this exceptional chance to own a high-potential, mixed-use property in one of South Philadelphia's most rapidly growing corridors. 1427 Point Breeze Avenue is a framed, 3-story building with all current permits in place, ready for your finishing touches. Designed with income in mind, the layout includes a commercial space on the ground floor and two spacious 2-bedroom, 1-bath flats on the upper levels - each with a separate private entrance. Situated on an extra-deep 16' x 78' lot, the building offers generous interior space on every floor. Upon completion, this property is projected to generate approximately $6,600/month in rental income, delivering an impressive 12%+ cap rate - an outstanding value-add opportunity in a highly desirable location. Located in the heart of a thriving business district with a Walk Score of 83, you'll be surrounded by trendy restaurants, local shops, and new developments, with convenient access to public transit just steps away. Whether you're looking to expand your portfolio or capitalize on South Philly's growth, this is your moment. Schedule your private tour today!
Full Property Details
Full Property Details for 1427 Point Breeze Ave
General
- Price: $225,000
- Taxes: $2,807 (2024)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2517112
- Updated: 3/6/2026
- Added to Site: 239 day(s) ago
Business
- Business Type: Professional, Other/General Retail, Medical, Apartmen
Parking
- Parking Type: None
Location
- Area: 19146 (19146)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: POINT BREEZE
- Driving Directions: South on Broad Street, East on Reed Street, South on Point Breeze Avenue
Heating & Cooling
- Cooling Type: None
- Heating Type: None
- Water Heater: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Building Size: 2118
- Year Built: 1915
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,240
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 78.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $106.23
- Assessment Year: 2025
- School Tax: $1,572
- City/TownTax: $1,235
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $200,600
- Tax Amount: $2,807
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 89
Listed by KW Empower, Stuart C Cohen
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Schools
Schools serving 1427 Point Breeze Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Childs George W School 1599 Wharton Street, Philadelphia, PA 19146 | K-8 | 0.5 mi |
South Philadelphia High School 2101 South Broad Street, Philadelphia, PA 19148 | 9-12 | 0.9 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 1427 Point Breeze Ave
Date
Details
Price
Change
Source
1/30/2026
Price Reduced
$225,000
-24.75%
MLS
9/12/2025
Price Reduced
$299,000
-8%
MLS
7/16/2025
Listed
$325,000
44.44%
MLS
4/14/2022
Sold
$225,000
—
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 1427 Point Breeze Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,808
—
$200,600
—
2024
$2,808
87%
$200,600
100%
2021
$1,499
-35%
-100%
2023
$2,307
54%
$164,800
54%
2020
$1,499
1%
$107,100
1%
2019
$1,485
3%
$106,100
3%
2018
$1,443
-38%
$103,100
-38%
2017
$2,336
—
$166,900
—
2016
$2,336
4%
$166,900
—
2015
$2,236
—
$166,900
—
2014
$2,236
3449%
$166,900
25978%
2013
$63
—
$640
—
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 1427 Point Breeze Ave
1427 Point Breeze Avenue, Philadelphia, PA 19146 (MLS# PAPH2517112) is a Apartment property. 1427 Point Breeze Avenue is currently listed for $225,000 and was received on July 16, 2025. Want to learn more about 1427 Point Breeze Avenue? 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.

