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$724,900 Just Listed
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Property Description
Welcome to 788 S 2nd Street, a legally zoned triplex ideally located in the heart of Queen Village-one of Philadelphia's most sought-after and charming neighborhoods. This well-positioned investment opportunity features strong in-place income with Unit 1 currently rented for $2,000/month and Unit 2 for $1,575/month, while Unit 3 is vacant, offering the perfect setup for an owner-occupant or the ability to lease at approximately $1,275/month to maximize cash flow. The property is surrounded by award-winning restaurants, coffee shops, boutique shopping, and beloved neighborhood parks, all contributing to the vibrant, walkable lifestyle that makes Queen Village so special. With its unbeatable location, consistent rental demand, and flexible living/income potential, this is a rare opportunity to own a versatile asset in one of the city's most desirable communities.
Full Property Details
Full Property Details for 788 S 2nd St
General
- Price: $724,900
- Taxes: $9,793 (2025)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2603318
- Updated: Today (4/3/2026)
- Added to Site: Today
Rental Information
- Lease Info: Yearly
Parking
- Parking Type: On Street
Location
- Area: 19147 (19147)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: GPS
School Information
- School District: Philadelphia City
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Basement: Yes
- Basement Desc.: Fully Finished
- Foundation: Stone
- Stories/Levels: 3
- Square Feet: 2,113
- Sq. Ft. Source: Assessor
- Living Area: 2,113 Sq. Ft.
- Finished Above Grnd: 2,113 Sq. Ft.
- Year Built: 1915
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 904
- Lot Size Source: Assessor
- Lot Dimensions: 14.00 x 64.00
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $343.07
- Assessment Year: 2026
- School Tax: $5,484
- City/TownTax: $4,308
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $699,600
- Tax Amount: $9,793
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 2113
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 332
Listed by KW Empower, Eric Land
Get Pre-Approved Today
Schools
Schools serving 788 S 2nd 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 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 788 S 2nd St
Date
Details
Price
Change
Source
4/03/2026
Listed
$724,900
6.6%
MLS
8/05/2024
Sold
$680,000
—
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 788 S 2nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,793
—
$699,600
—
2024
$9,793
17%
$699,600
100%
2021
$8,393
—
-100%
2023
$8,393
—
$599,600
—
2020
$8,393
8%
$599,600
8%
2019
$7,745
51%
$553,300
51%
2018
$5,123
—
$366,000
—
2017
$5,123
—
$366,000
—
2016
$5,123
4%
$366,000
—
2015
$4,904
—
$366,000
—
2014
$4,904
40%
$366,000
918%
2013
$3,514
—
$35,968
—
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 788 S 2nd St
788 S 2nd Street, Philadelphia, PA 19147 (MLS# PAPH2603318) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 788 S 2nd Street is currently listed for $724,900 and was received on April 03, 2026. Want to learn more about 788 S 2nd 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.

