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$549,000
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Property Description
This is a rare opportunity in the heart of Northeast Philadelphia! Presenting 2422 Rhawn Street, beautifully renovated totally in 2007 mixed-use property boasting 2,540 square feet of Mixed Use space. The RARE 3 story building includes a lovely huge 2 Story apartment that feels more like a house, boasting a 3 bedroom, 1 - 1/2 bath living quarters offering spacious and modern living with a libg term tenant of 15 yrs with a month to month lease only because xureenr owners want to give the new owner the options of living in the Apartment of raising the rents for additional income. On the first floor, discover a stunning newly renovated clean, commercial restaurant space with a gorgeous dining area, all in top condition with a long term tenant giving you good income from day one. Situated just steps from Roosevelt Boulevard, this prime location offers unbeatable access to shopping, malls, movie theaters, public transit, and more. Don't miss your chance to own a versatile investment in a thriving neighborhood! Call showing time to schedule appt to show 24 hour notice .a must .Please DO NOT TALK TO ANY EMPLOYEES OR ANYONE IN THE RESTAURANT AT ALL. They do not want to be disturbed. You need to sign an NDA prior to any showing approval. This is a discrete sale. PLEASE KEEP IT THAT WAY.
Full Property Details
Full Property Details for 2422 W Rhawn St
General
- Price: $549,000
- Taxes: $4,963 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PAPH2597880
- Updated: 3/21/2026
- Added to Site: 44 day(s) ago
Business
- Business Type: Restaurant/Bar
Parking
- Total Spaces: 1
- Parking Type: Other, Parking Lot, On Street
Location
- Area: 19152 (19152)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: RHAWNHURST
- Cross Streets: Roosevelt
- Driving Directions: South on Roosevelt Blvd left on Rhawn St left into parking lot on left side.
Heating & Cooling
- Cooling Type: Wall Unit
- Cooling Fuel: Electric
- Heating Type: Other
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Foundation: Slab
- Roof: Cool/White, Rubber
- Stories/Levels: 3
- Building Size: 2540
- Year Built: 1925
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,484
- Lot Size Source: Assessor
- Lot Dimensions: 20.00 x 125.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $216.14
- Assessment Year: 2026
- School Tax: $2,779
- City/TownTax: $2,183
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $354,600
- Tax Amount: $4,963
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: The Business on 1st floor is NOT a part of this sale nor is the furniture , fixtures, or equipment used in the business on the first floor is NOT included in this Sale.
- Investment: Yes
- Lot Number: 70
Listed by HomeSmart Realty Advisors, Stefania F Nakos
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Schools
Schools serving 2422 W Rhawn St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Rhawnhurst School 7809 Castor Avenue, Philadelphia, PA 19152 | K-5 | 0.5 mi |
Castor Gardens Middle School 1800 Cottman Avenue, Philadelphia, PA 19111 | 6-8 | 1.2 mi |
Northeast High School 1601 Cottman Avenue, Philadelphia, PA 19111 | 9-12 | 1.2 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 2422 W Rhawn St
Date
Details
Price
Change
Source
3/21/2026
Listed
$549,000
—
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 2422 W Rhawn St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,214
-35%
$354,600
—
2025
$4,964
—
$354,600
—
2024
$4,964
54%
$354,600
54%
2023
$3,214
—
$229,600
—
2022
$3,214
-7%
$229,600
100%
2018
$3,474
-1%
-100%
2020
$3,508
1%
$250,600
1%
2019
$3,474
6%
$248,200
6%
2018
$3,288
-15%
$234,900
-15%
2017
$3,875
—
$276,800
—
2016
$3,875
4%
$276,800
—
2015
$3,709
—
$276,800
—
2014
$3,709
-27%
$276,800
433%
2013
$5,072
—
$51,904
—
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 2422 W Rhawn St
2422 W Rhawn Street, Philadelphia, PA 19152 (MLS# PAPH2597880) is a Commercial Service property. 2422 W Rhawn Street is currently listed for $549,000 and was received on March 21, 2026. Want to learn more about 2422 W Rhawn Street? Do you have questions about finding other Commercial Service real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

