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$615,000
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Property Description
Welcome to 2048 3rd Street, a newly constructed DUPLEX boasting 6 bedrooms and 4 bathrooms (3/2 in each unit), a 10 YEAR TAX ABATEMENT and 1 YEAR BUILDERS WARRANTY! Take advantage of everything that comes with this location which includes the redesign of the American Street Corridor and walking distance to the Berks L Stop taking you into center city, LMNO, Kalaya, Goldie, Suraya, Evil Genius Beer Company, Human Robot Brewing Company, Stateside Vodka, The Ground Coffee, Plants, and Gifts, Luna Cafe, Cousins Supermarket, and Norris Square! With projected income of $4200/month or $50,400/year this cash cow will not last long! Qualify for a grant of up to $17,500 in free grant money, making your homeownership dreams a reality with just 3% down and low PMI for owner occupied buyers! (Income restrictions apply) Step into this 4-story, duplex to explore its open-plan living space and modern kitchen, featuring exquisite quartz countertops with a waterfall edge, two-toned shaker cabinets, a modern subway-tiled backsplash, and high-end stainless steel appliances, including a microwave, slide in range, dishwasher, and a spacious fridge. Each bedroom is equipped with ample closet space, and the 2 full bathrooms showcase beautifully tiled showers with glass doors and large shower heads. The building is equipped with security cameras and an alarm system. Unit 1 (1st floor and basement) offers a delightful backyard, providing the perfect escape with a projected monthly rent of $2400, while Unit 2 (2nd and 3rd floor) boasts a private rooftop deck with stunning views of the Philadelphia city center and projected monthly rent of $2,000 for a total of $4,400/month or $52,800. Don't miss out on this exceptional opportunity to merge luxury living with financial advantages. Reach out to the listing agent today for more details and to schedule a viewing.
Full Property Details
Full Property Details for 2048 3rd St
General
- Price: $615,000
- Taxes: $1,572 (2025)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2536192
- Updated: 12/17/2025
- Added to Site: 129 day(s) ago
Interior
- Interior Features: Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Recessed Lighting, Wood Floors, Breakfast Area, Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops
- Appliances: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Oven/Range - Electric
Exterior
- Porch/Patio/Deck: Deck(s), Patio(s)
Parking
- Parking Type: On Street
Location
- Area: 19122 (19122)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: OLDE KENSINGTON
- Driving Directions: 2000 block of N 3rd
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: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Brick, Batts Insulation, Masonry, Vinyl Siding, Tile
- Basement: Yes
- Basement Desc.: Fully Finished
- Foundation: Concrete Perimeter
- Roof: Fiberglass
- Square Feet: 2,800
- Sq. Ft. Source: Estimated
- Living Area: 2,800 Sq. Ft.
- Finished Above Grnd: 2,800 Sq. Ft.
- Year Built: 2025
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- Other Units: Unit 1, Unit 2
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 900
- Lot Size Source: Assessor
- Lot Dimensions: 15.00 x 60.00
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $219.64
- Tax w/Assessment: $112,300
- Tax Amount: $1,572
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: 2 refrigerators and 2 washer/dryers
Listed by KW Empower, Ryan Stawasz
Get Pre-Approved Today
Schools
Schools serving 2048 3rd St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Moffet John School 127 West Oxford Street, Philadelphia, PA 19122 | K-5 | 0.5 mi |
Penn Treaty Middle School 600 East Thompson Street, Philadelphia, PA 19125 | 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 2048 3rd St
Date
Details
Price
Change
Source
10/13/2025
Price Reduced
$615,000
-1.6%
MLS
9/10/2025
Listed
$625,000
503.86%
MLS
4/22/2024
Sold
$103,500
—
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 2048 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,572
—
$112,300
—
2024
$1,572
778%
$112,300
100%
2021
$179
-86%
-100%
2023
$1,285
618%
$91,800
617%
2020
$179
—
$12,800
—
2019
$179
—
$12,800
—
2018
$179
—
$12,800
—
2017
$179
145%
$12,800
146%
2016
$73
4%
$5,200
—
2015
$70
—
$5,200
—
2014
$70
106%
$5,200
1377%
2013
$34
—
$352
—
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 2048 3rd St
2048 3rd Street, Philadelphia, PA 19122 (MLS# PAPH2536192) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 2048 3rd Street is currently listed for $615,000 and was received on September 10, 2025. Want to learn more about 2048 3rd Street? Do you have questions about finding other Townhouse 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.

