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$350,000
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Property Description
CMX-1 mixed-use property located on 7th Street, currently operated as a small convenience store / food establishment. The front of the building features a street-level storefront. Moving toward the rear, there is a full kitchen, a washer and dryer area, and a stairway leading to the upper level residential unit. Beyond the kitchen is an additional store, currently setup as laundry room with access to a small, fenced rear yard. The property also includes an unfinished basement. for additional storage The second floor offers a 4 bed room, 1.5 bath residential unit with central air. Entry opens into a central hallway that leads to all four bedrooms and the bathrooms. The property could use some renovations, but the layout offers strong flexibility and multiple use options. Great for owner-operator looking to run a business below and live above, or for an investor seeking separate income streams from the commercial and residential spaces. Purchase Options: 1) $350,000 - Building only 2) $420,000 - Building plus store equipment, appliances, food inventory, and business-related items Store inventory is not included in the base sale price. As-is sale, seller will not make any repairs.
Full Property Details
Full Property Details for 2324 S 7th St
General
- Price: $350,000
- Taxes: $2,794 (2026)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2573026
- Updated: 1/9/2026
- Added to Site: 10 day(s) ago
Business
- Business Type: Other, Other/General Retail, Hair Salon and Spa, Conv
Parking
- Parking Type: None
Location
- Area: 19148 (19148)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: GPS
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Building Size: 1540
- Year Built: 1920
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 854
- Lot Size Source: Estimated
- Lot Dimensions: 14.00 x 61.00
- Zoning: CMX1
Financial Considerations
- Price Per Sq. Ft.: $227.27
- School Tax: $1,564
- City/TownTax: $1,229
- City/TownTax Freq: Annually
- Tax w/Assessment: $199,600
- Tax Amount: $2,794
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
Listed by Canaan Realty Investment Group, Phillyn Noeun
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Schools
Schools serving 2324 S 7th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Key Francis Scott School 2230 South 8th Street, Philadelphia, PA 19148 | K-6 | 0.1 mi |
Southwark School 1835 South 9th Street, Philadelphia, PA 19148 | K-6 | 0.4 mi |
South Philadelphia High School 2101 South Broad Street, Philadelphia, PA 19148 | 9-12 | 0.6 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 2324 S 7th St
Date
Details
Price
Change
Source
1/09/2026
Listed
$350,000
—
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 2324 S 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,414
—
$199,600
—
2024
$2,414
-3%
$199,600
-3%
2023
$2,498
40%
$206,500
100%
2021
$1,779
-29%
-100%
2023
$2,498
21%
$186,500
27%
2020
$2,059
1%
$147,100
1%
2019
$2,040
3%
$145,700
3%
2018
$1,981
2%
$141,500
2%
2017
$1,940
12%
$138,600
—
2016
$1,730
-7%
$138,600
—
2015
$1,857
—
$138,600
—
2014
$1,857
256%
$138,600
2494%
2013
$522
—
$5,344
—
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 2324 S 7th St
2324 S 7th Street, Philadelphia, PA 19148 (MLS# PAPH2573026) is a Apartment property. 2324 S 7th Street is currently listed for $350,000 and was received on January 09, 2026. Want to learn more about 2324 S 7th 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.

