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$690,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 2,096 Sq. Ft.
  • Updated 1 day ago
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Fully Renovated Turnkey Four-Unit Multifamily Property | High Cash Flow Potential | Ready-to-Generate Rental Income" Welcome to 45 N Farson Street, a beautifully reimagined four-unit multifamily property in the heart of West Philadelphia. Formerly a distressed triplex, this asset has undergone a comprehensive top-to-bottom rehabilitation, transforming it into a modern, income-producing property with strong upside. The building now features four thoughtfully designed units, including: 1 Studio 2 One-Bedroom Units 1 Two-Bedroom Unit Each unit has been updated with modern finishes, upgraded systems, and functional layouts designed to attract today's rental market. The major renovation work is complete, with only a few minor items remaining, offering the next owner immediate rental potential and the opportunity to add finishing touches. This property is ideal for investors seeking a stabilized or near-stabilized asset, as well as owner-occupants looking to live in one unit while generating rental income from the others. Conveniently located near public transportation, universities, and major employment centers, 45 N Farson Street offers both strong tenant demand and long-term appreciation potential. Don't miss this opportunity to acquire a fully rehabbed four-unit property in a growing West Philadelphia neighborhood.

Full Property Details for 45 N Farson St

General

  • Price: $690,000
  • Taxes: $1,660 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2580738
  • Updated: 2/4/2026
  • Added to Site: 3 day(s) ago

Interior

  • Appliances: Energy Efficient Appliances, Microwave, Oven/Range - Electric, Refrigerator, Water Heater

Parking

  • Parking Type: On Street

Location

  • Area: 19139 (19139)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Driving Directions: gps

School Information

  • School District: The School District Of Philadelphia

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Central
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Above Ground, Under Ground

Structural Information

  • Architectural Style: Other
  • Structure Type: End of Row/Townhouse
  • Construction: Masonry, Stone
  • Basement: Yes
  • Basement Desc.: Fully Finished
  • Foundation: Brick/Mortar
  • Stories/Levels: 4
  • Square Feet: 2,096
  • Sq. Ft. Source: Assessor
  • Living Area: 2,096 Sq. Ft.
  • Finished Above Grnd: 2,096 Sq. Ft.
  • Year Built: 1925
  • Year Built Source: Assessor
  • Property Condition: Excellent

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,600
  • Lot Size Source: Assessor
  • Lot Dimensions: 16.00 x 100.00
  • Zoning: RM1

Financial Considerations

  • Price Per Sq. Ft.: $329.2
  • Assessment Year: 2025
  • School Tax: $929
  • City/TownTax: $730
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $118,600
  • Tax Amount: $1,660
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 2096

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 194

Listed by EXIT Elevate Realty, Tameka Sergeant

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Listing agent

— 45 N Farson St —

  • Tameka Sergeant

    EXIT Elevate Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 45 N Farson St

School District:Philadelphia City School District
NameGradesDistance
Locke Alain School
4550 Haverford Avenue, Philadelphia, PA 19139
K-80.5 mi
West Philadelphia High School
4901 Chestnut Street, Philadelphia, PA 19139
9-120.2 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 45 N Farson St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/03/2026
Listed
$690,000
206.67%
MLS
2/24/2024
Sold
$225,000
—
Public Record
Get Price Alerts and Save Property
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 for 45 N Farson St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,660
—
$118,600
—
2024
$1,660
18%
$118,600
18%
2023
$1,408
—
$100,600
—
2022
$1,408
46%
$100,600
100%
2021
$963
—
-100%
2020
$963
4%
$68,800
4%
2019
$928
87%
$66,300
87%
2018
$496
—
$35,400
—
2017
$496
—
$35,400
—
2016
$496
-43%
$35,400
-45%
2015
$863
—
$64,400
—
2014
$863
64%
$64,400
1098%
2013
$525
—
$5,376
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by EXIT Elevate Realty, Tameka Sergeant

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45 N Farson Street, Philadelphia, PA 19139 (MLS# PAPH2580738) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 45 N Farson Street is currently listed for $690,000 and was received on February 03, 2026. Want to learn more about 45 N Farson 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.

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