This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/83
$1,200,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/83
Property Description
Fantastic cash flowing investment opportunity in the heart of the Temple U area off campus housing market. This six unit building has been well cared for buy the current owner for nearly 40 years. . This building has the added bonus of extending from 15th Street to Sydenham Street with detached garage and/or plenty of vacant lot space for construction of an additional multi family property (build it yourself or subdivide and sell it). The units offer contemporary and well maintained finishes but can certainly be refreshed to increase the rents. All units are spacious and easily rented. Unit mix is Studio and 2BR/1BA Owner's Unit on ground floor, (2) 1BR/1BA Units on 2nd floor, and (1) 1BR/1BA and 2BR/1BA on 3rd floor. Gross income represents 4 units of income with owner's unit a(non-paying) and 3R vacant. Projected rents range up to $78,600 per year when laundry and garage rental are included . All utilities are separated, systems are up to date. Owner must have time to lease back following settlement. Property is being sold as-is, seller will not make repairs or inspection concessions.
Full Property Details
Full Property Details for 1540 N 15th St
General
- Price: $1,200,000
- Taxes: $7,138 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2607220
- Updated: 4/13/2026
- Added to Site: 36 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Total Spaces: 1
- Parking Type: On Street, Private Garage
Location
- Area: 19121 (19121)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: TEMPLE UNIVERSITY
- Driving Directions: Use GPS
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Foundation: Slab, Stone
- Drive-In Doors: 1
- Year Built: 1915
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,083
- Lot Size Source: Assessor
- Lot Dimensions: 21.00 x 100.00
- Zoning: RM1
Financial Considerations
- Assessment Year: 2026
- School Tax: $3,997
- City/TownTax: $3,141
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $510,000
- Tax Amount: $7,138
- Tax Year: 2025
- Owner Pays: Water
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 35
Listed by Realty Mark Associates, Larry R Levin
Get Pre-Approved Today
Schools
Schools serving 1540 N 15th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Meade Gen George C School 1600 North 18th Street, Philadelphia, PA 19121 | K-8 | 0.3 mi |
Vaux HS: A Big Picture School 2300 Master Street, Philadelphia, PA 19121 | 12- | 0.8 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 1 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 1540 N 15th St
Date
Details
Price
Change
Source
4/13/2026
Listed
$1,200,000
—
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 1540 N 15th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,139
24%
$510,000
—
2024
$5,739
-7%
$510,000
-2%
2023
$6,180
-12%
$521,500
100%
2021
$7,044
6%
-100%
2022
$6,670
-13%
$476,500
-13%
2020
$7,674
—
$548,200
—
2019
$7,656
28%
$546,900
28%
2018
$5,983
4%
$427,400
4%
2017
$5,750
—
$410,800
—
2016
$5,750
4%
$410,800
—
2015
$5,505
—
$410,800
—
2014
$5,505
171%
$410,800
1875%
2013
$2,032
—
$20,800
—
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 1540 N 15th St
1540 N 15th Street, Philadelphia, PA 19121 (MLS# PAPH2607220) is a Apartment property. 1540 N 15th Street is currently listed for $1,200,000 and was received on April 13, 2026. Want to learn more about 1540 N 15th Street? Do you have questions about finding other Apartment real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

