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

  • Price: $1,400,000
  • 356 Days on Market
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Federal 30-year interest rate: 7.28% last updated on Oct 1, 2026
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19145
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  • 0.05Acreage
  • 2021Year Built
  • 184Price Per Square Foot
  • 5Units
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.
Listed by Ryan J McManus of Keller Williams Liberty Place

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Location Information

  • UsmAreaPhiladelphia -

Parking

  • Parking TypesNone

Basic Information

  • Date Listed10/13/2025

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
  • StatePA
  • SubdivisionPoint Breeze
  • TownPhiladelphia
  • Zip19145

Legal

  • LandusecodeSR
  • PossessionSettlement
  • Sale TypeStandard

Other

  • Cap Rate6
  • View Count2

Basic Information

  • Broker NameKeller Williams Liberty Place
  • List Price$1,400,000
  • MLS NumberPAPH2547390
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot184
  • StatusACT
  • Units5

Building

  • Building Area SourceEstimated
  • Building Area Total7602
  • Construction MaterialsBrick
  • FoundationConcrete Perimeter
  • 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

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 Year2025
  • Taxes$1,781
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.05
  • Business TypeApartment Building
  • Lot Dimensions SourceEstimated
  • Lot Size Dimensions0.00 x 0.00
  • Lot Size SourceEstimated
  • Lot Size Square Feet1,984
  • New Construction YNN
  • Property SubTypeFive Or More Units
  • ZoningRM1

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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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