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$699,900
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Property Description
Investor Special! Don't miss this four-unit multifamily property located on 3rd Street in a highly desirable area with strong rental demand. Three of the four units are currently occupied, providing immediate rental income, while the vacant unit offers additional value-add potential. The property is being sold in as-is condition and requires renovations, making it an excellent opportunity for investors looking to build equity and increase cash flow. Conveniently located near shopping, public transportation, schools, and major highways. Whether you're looking to expand your portfolio or take on your next redevelopment project, this income-producing property offers tremendous potential in a prime location. Schedule your showing today!
Full Property Details
Full Property Details for 622 S 3rd St
General
- Price: $699,900
- Taxes: $15,238 (2024)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2628654
- Updated: 7/23/2026
- Added to Site: 53 day(s) ago
Parking
- Parking Type: None
Location
- Area: 19147 (19147)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: South Street
School Information
- School District: Philadelphia City
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Private Sewer
- Water: Public
Structural Information
- Architectural Style: Straight Thru
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Foundation: Stone
- Square Feet: 2,694
- Sq. Ft. Source: Estimated
- Living Area: 2,694 Sq. Ft.
- Finished Above Grnd: 2,694 Sq. Ft.
- Year Built: 1915
- Year Built Source: Estimated
Unit Information
- Other Units: Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,546
- Lot Size Source: Estimated
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $259.8
- Assessment Year: 2025
- School Tax: $8,533
- City/TownTax: $6,704
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $1,088,600
- Tax Amount: $15,238
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 76
Listed by Opulent Realty Group LLC, Zakiya L Eleby
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Schools
Schools serving 622 S 3rd St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Meredith William M School 725 South 5th Street, Philadelphia, PA 19147 | K-8 | 0.2 mi |
Furness Horace High School 1900 South 3rd Street, Philadelphia, PA 19148 | 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 622 S 3rd St
Date
Details
Price
Change
Source
6/01/2026
Listed
$699,900
21.72%
MLS
2/28/2005
Sold
$575,000
—
Public Record
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 622 S 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,838
—
$1,088,600
—
2024
$13,838
85%
$1,088,600
77%
2023
$7,465
-26%
$613,300
100%
2021
$10,094
35%
-100%
2023
$7,465
-30%
$568,300
-26%
2020
$10,724
8%
$766,100
8%
2019
$9,895
73%
$706,900
73%
2018
$5,732
—
$409,500
—
2017
$5,732
8%
$409,500
—
2016
$5,312
-3%
$409,500
—
2015
$5,487
—
$409,500
—
2014
$5,487
29%
$409,500
844%
2013
$4,240
—
$43,392
—
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 622 S 3rd St
622 S 3rd Street, Philadelphia, PA 19147 (MLS# PAPH2628654) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 622 S 3rd Street is currently listed for $699,900 and was received on June 01, 2026. Want to learn more about 622 S 3rd Street? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

