1231 S Philip St | Image 1
1231 S Philip St | Image 2
1231 S Philip St | Image 3
1231 S Philip St | Image 4
1231 S Philip St | Image 5
1231 S Philip St | Image 6
1231 S Philip St | Image 7

$1,300,000

21 days ago

0 Bed

0 Bath

1440 sqft

--

MLS® PAPH2575476

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1440 sqft
Garage No
Taxes $4,209
Days Active 20
Lot Size 0.02 acres
Approx. Age 1920
Avg. Price Per Sqft $902
MLS® Number PAPH2575476

Property Address: 1231 S Philip St, PHILADELPHIA, PA, 19147-5319

Average square foot calculated using Size range provided by listing agent.

Description

"PROPERTY IS SOLD AS A PACKAGE. LIST PRICE REFLECTS SALE OF 1228 S 2ND 1230 S 2ND AND PHILIP ST" Global Real Estate Advisors (GREA) is pleased to present the opportunity to acquire the fee simple interest in 1228-30 South 2nd Street and 1231 S. Philip Street, a boutique 7-unit multifamily property located in the heart of Pennsport, an attractive and rapidly gentrifying residential neighborhood in South Philadelphia. The Property offers investors an attractive entry point into a strong neighborhood known for low vacancy, strong demographics, and sustained rental demand. The Property features a well-balanced mix of (5) two-bedroom/one-bath rental units and (2) one-bedroom/one-bath rental units, with an average monthly in-place rent of $1, 551. The layouts cater to a diverse renter base, including young professionals, couples, and small families. In-place rents range from $1, 400 to $1, 700 for the one-bedroom units and $1, 440 to $1, 700 for the two-bedroom units, providing measurable room for repositioning or incremental increases through turnover. As a turnkey multifamily asset in a quality location, 1228-30 South 2nd Street and 1231 S. Philip Street presents a compelling opportunity for investors seeking rental upside, high tenant demand, and future appreciation driven by a neighborhood that has benefited from Philadelphia’s development boom.
MLS® NumberPAPH2575476
Laundry Level
Central VacNo
FireplaceNo
Acreage0.02
Exterior
GarageNo
Approx. Age1920
Basement
DrivewayNone
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 16, 2026List Date
$1,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
1231 S Philip St, PHILADELPHIA, PA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties