1735 S 23rd StreetPhiladelphia, PA 19145Price: $1,400,000

Price: $1,400,000
Est. Mortgage of $/month
356 Days on Market

This 23rd Street five-plex commands instant attention with its striking architecture and curb appeal. Designed by Gnome, one of Philly's leading architectural firms, this 5-unit multifamily building provides a 6.65% CAP in one of Philly's most dynamic locations, swelling with residential demand. The ±7600+ SF apartment property features two (2) 1bd x 1ba units, two (2) 3bd x 3ba units and one (1) 2bd x 2ba bi-level penthouse unit with private deck. Each oversized apartment is flooded with natural light and bright and contemporary fit + finish kit. The spacious units provide plenty of room for occupants, powered by high-efficiency building systems. Above-average rent growth coupled with minimal OPEX and a FULL 10yr tax abatement make 1735 S 23rd ST a coveted real estate investment in a Top-10 USA MSA.

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Location Information

UsmAreaPhiladelphia -

School Information

High School DistrictPhiladelphia City
School District SourceListing Agent

Parking

Parking TypesNone

Basic Information

Date Listed10/13/2025

Building

Construction MaterialsBrick
FoundationConcrete Perimeter
One Bedroom Units2
Property StyleContemporary
Square Feet7,602
Structure Design TypeInterior Row/Townhouse
Three Bedroom Units2
Two Bedroom Units1
Year Built2021

Utilities

Central Air YNYes
CoolingCentral A/C
Cooling FuelNatural Gas
Heat SystemCentral
Heating FuelNatural Gas
Heating YNYes
SewerPublic Sewer
Water HeaterNatural Gas
Water SourcePublic

Basic Information

Broker NameKeller Williams Liberty Place
List Price$1,400,000
MLS NumberPAPH2546916
MLS Property TypeResidential Income
Price Per Square Foot184
StatusACT
Units4

Location

Address1735 S 23rd Street
Building Number1735
CountyPhiladelphia
Cross StreetPoint Breeze Ave
DirectionsBetween S 23rd and Pierce St/Moore St off Point Breeze Ave.
IncorporatedcitynamePhiladelphia
Living Area SourceEstimated
StatePA
SubdivisionPoint Breeze
TownPhiladelphia
Zip19145

Property Information

Area Total7,602
Area Total SourceEstimated
Below Grade Area Total SourceAssessor

Legal

LandusecodeSR
PossessionSettlement
Rent Control YNN
Sale TypeStandard

Tax Information

Assessment Year2025
City Town Tax$784
City Town Tax Payment FrequencyAnnually
County Tax Payment FrequencyAnnually
School Tax$997
Tax Assessment Amount$127,300
Tax Lot92
Tax Total Finished Sq Ft6,688
Tax Year2025
Taxes$1,781
Total Taxes Payment FrequencyAnnually

Property

Acreage0.05
Lot Dimensions SourceAssessor
Lot Size Dimensions0.00 x 0.00
Lot Size SourceAssessor
Lot Size Square Feet1,984
New Construction YNN
Number Of Units Leased5
Property SubTypeTownhouse
ZoningRM1

Amenities

PoolNo Pool

Other

Cap Rate6
Other UnitsUnit 1, Unit 1
View Count2

Copyright 2026 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated October 4, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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1735 S 23rd StreetPhiladelphia, PA 19145Price: $1,400,000

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1735 S 23rd StreetPhiladelphia, PA 19145Price: $1,400,000

$/month over payments

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