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$849,900
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Property Description
Seize this incredible opportunity to purchase this huge, highly visible, corner, commercial mixed use property. The 8,412 sqft property features CMX1 zoning with 6132 sqft of 1st floor commercial/retail space and 2280 sqft of 2nd floor apartment space. There are currently (2) huge two bedroom apartments with all separate utilities and central air throughout the entire building. There are 7 off street parking spots. and lots of street parking. The commercial space has been occupied by a family owned Deli that has operated for the last 48 years from this location. The property is located at the busy corner of Rhawn and Torresdale in the densely populated Mayfair area. This is a great investment opportunity for an investor but more important is the rarely offered opportunity to grow your business in a prime spot that people have been coming to for 48 years. Serious inquiries please contact the Listing Agent for more detailed information and to schedule a showing.
Full Property Details
Full Property Details for 4624 Rhawn St
General
- Price: $849,900
- Taxes: $8,852 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2414438
- Updated: 5/31/2026
- Added to Site: 592 day(s) ago
Business
- Business Type: Supermarket/Grocery Store, Restaurant/Bar, Professio
Interior
- Flooring: Ceramic Tile, Concrete
Rooms
Bathrooms
- Restrooms: 4
Parking
- Total Spaces: 6
- Parking Type: On Street, Driveway
Location
- Area: 19136 (19136)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: MAYFAIR
- Cross Streets: Torresdale Avenue
- Driving Directions: Intersection of Rhawn and Torresdale Avenues
- Location Details: Business District
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Multi Units, Roof Mounted
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Block, Brick, Frame, Masonry, Stucco
- Foundation: Slab
- Roof: Shingle, Asphalt
- Ceiling Height: 10' to 12'
- Doors: Double Entry
- # Loading Docks: 1
- Building Size: 8412
- Year Built: 1940
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
Lot Features
- Property View: Street
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,000
- Lot Size Source: Assessor
- Lot Dimensions: 46.00 x 167.00
- Frontage Feet: 167
- Zoning: CMX1
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $101.03
- Assessment Year: 2025
- School Tax: $4,957
- City/TownTax: $3,894
- City/TownTax Freq: Annually
- Tax w/Assessment: $632,400
- Tax Amount: $8,852
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: All equipment. It is owned by the current occupant.
- Inclusions: Building Only. No equipment.
- Lot Number: 29
Listed by Re/Max One Realty, Michael E Cole
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Schools
Schools serving 4624 Rhawn St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Brown Joseph H School 3600 Stanwood Street, Philadelphia, PA 19136 | K-7 | 0.6 mi |
Lincoln High School 3201 Ryan Avenue, Philadelphia, PA 19136 | 9-12 | 1.1 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 4624 Rhawn St
Date
Details
Price
Change
Source
12/26/2025
Price Reduced
$849,900
-14.92%
MLS
12/02/2025
Price Reduced
$998,886
—
MLS
11/09/2025
Price Reduced
$998,887
—
MLS
10/29/2024
Listed
$998,888
—
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 4624 Rhawn St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,852
—
$632,400
—
2024
$8,852
-4%
$632,400
100%
2021
$9,195
36%
-100%
2023
$6,775
-26%
$484,000
-26%
2020
$9,195
1%
$656,900
1%
2019
$9,104
3%
$650,400
3%
2018
$8,840
-10%
$631,500
-10%
2017
$9,869
—
$705,000
—
2016
$9,869
4%
$705,000
—
2015
$9,447
—
$705,000
—
2014
$9,447
1%
$705,000
637%
2013
$9,352
—
$95,712
—
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 4624 Rhawn St
4624 Rhawn Street, Philadelphia, PA 19136 (MLS# PAPH2414438) is a Apartment property. 4624 Rhawn Street is currently listed for $849,900 and was received on October 29, 2024. Want to learn more about 4624 Rhawn 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.

