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$699,500
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Property Description
Outstanding Investment Opportunity with a current cap rate of 7.18 - 5-Unit Apartment Building located in Graduate Hospital. This is a neighborhood where buildings of this size in shell condition go for over $600,00 and you can buy a turnkey investment opportunity for $699,500. This is a building has a stable tenant base with long-term residents, ensuring a consistent and dependable rental income stream, while also offering potential for increased value through higher rents. The current rents are below market, current gross income is $65,340 all tenants pay on time every month like clockwork and all utilities are separated expect cold water . Situated on a desirable Christian Street near restaurants, parks, and public transportation, the property provides exceptional walkability and convenience for tenants. A superb asset for any investment portfolio, this building offers immediate income as well as strong potential for future appreciation. Graduate Hospital neighborhood ratings: "¢ Walk Score: 95 (Walker's Paradise - daily errands can be accomplished without a car) "¢ Transit Score: 85 (Excellent Transit - public transportation is convenient for most trips) "¢ Bike Score: 94 (Biker's Paradise - daily errands can be easily completed on a bike) These impressive scores make the area highly attractive to both renters and investors
Full Property Details
Full Property Details for 2311 Christian St
General
- Price: $699,500
- Taxes: $6,383 (2024)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2552502
- Updated: 12/17/2025
- Added to Site: 75 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Engineered Wood, Ceramic Tile
Additional Information
- Security/Safety: Fire Detection System
Parking
- Parking Type: None
Location
- Area: 19146 (19146)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Cross Streets: 23Rd
- Driving Directions: West on Christian past 23rd
Heating & Cooling
- Cooling Type: Window Unit(s), Wall Unit
- Cooling Fuel: Electric
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Foundation: Stone
- Roof: Flat
- Building Size: 1872
- Year Built: 1900
- Year Built Source: Estimated
- Property Condition: Average
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
Lot Features
- Property View: Street
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,117
- Lot Size Source: Estimated
- Lot Dimensions: 15.00 x 74.00
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $373.66
- Assessment Year: 2025
- School Tax: $3,574
- City/TownTax: $2,808
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $456,000
- Tax Amount: $6,383
- Tax Year: 2024
- Owner Pays: Water, Taxes - Real Estate, Snow Removal, Sewer Maintenance, Sewer, Repairs, Pest Control
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 393
Listed by Best City Homes Inc, Richard B Moore
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Schools
Schools serving 2311 Christian St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Arthur Chester A School 2000 Catharine Street, Philadelphia, PA 19146 | K-8 | 0.3 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 2311 Christian St
Date
Details
Price
Change
Source
11/05/2025
Listed
$699,500
—
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 2311 Christian St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,383
—
$456,000
—
2024
$6,383
12%
$456,000
100%
2021
$5,701
-5%
-100%
2023
$5,977
5%
$427,000
5%
2020
$5,701
-20%
$407,300
-20%
2019
$7,166
26%
$511,900
26%
2018
$5,687
19%
$406,300
19%
2017
$4,787
—
$342,000
—
2016
$4,787
4%
$342,000
—
2015
$4,583
—
$342,000
—
2014
$4,583
174%
$342,000
1898%
2013
$1,673
—
$17,120
—
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 2311 Christian St
2311 Christian Street, Philadelphia, PA 19146 (MLS# PAPH2552502) is a Apartment property. 2311 Christian Street is currently listed for $699,500 and was received on November 05, 2025. Want to learn more about 2311 Christian Street? 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.

