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1215 S 23rd StreetPhiladelphia, PA 19146

For Sale

$975,000

Smart Buyer Rebate $9,750

Positioned in the rapidly appreciating Graduate Hospital / Point Breeze corridor of Philadelphia, this fully operational, income-producing duplex offers a rare opportunity to acquire a proven, turnkey asset with immediate cash flow and long-term tax advantages. Designed for both flexibility and performance, the property features two completely independent residences with separate entrances, allowing each unit to function as its own private home. Each level spans approximately 1,500 square feet, delivering generous layouts rarely found in comparable multifamily properties. The upper residence offers a 3-bedroom, 3-bath configuration, complete with a private deck and can be delivered fully furnished. Currently operating as a successful short-term rental, this unit boasts documented income, strong guest reviews, and consistent occupancy, with future bookings already in place, allowing the next owner to step directly into an established revenue stream. The lower residence features a well-appointed 2-bedroom, 2-bath layout with access to a private backyard, ideal for owner-occupancy, long-term rental, or additional short- or mid-term income generation. What sets this property apart is not just its design, but its performance and financial efficiency. With approximately 7 years remaining on the Philadelphia 10-Year Tax Abatement, ownership benefits from significant ongoing tax savings, enhancing overall returns. Whether you are an investor seeking a plug-and-play short-term rental asset, or a buyer looking to live in one unit while generating income from the other, this property delivers unmatched versatility. With proven income history, forward bookings, and operational systems already in place, this is not a concept, it is a business already in motion. A rare opportunity to acquire a performing asset with built-in income, tax advantages, and long-term upside in one of Philadelphia’s most dynamic neighborhoods. Schedule your private showing today!

Listed by Joe Hill

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License #RS344689

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Homestarr Realty

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2154364768

Last updated April 26, 2026

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Source: BrightMLS #PAPH2612632

Listing Facts

  • TypeMulti-family
  • NeighborhoodPoint Breeze
  • Days on Prevu5
  • Taxes$3,422/year
  • Size3,000 sqft
  • Price per sqft$325

Location

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Listing History

04/25/2026
Listed by Homestarr Realty
$975,000

Property Details for 1215 S 23rd Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 2
  • Property Condition: Excellent
  • Roof: Flat
  • Stories Total: 4
  • Year Built: 1915
  • Architectural Style: Contemporary
  • Construction Materials: Masonry, Brick
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights, Gutter System, Roof Deck

Features

  • Other Structures: Above Grade, Below Grade
  • Patio And Porch Features: Roof, Patio(s)
  • View: City
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.02
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 871
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $3,422.00
  • Tax Year: 2026

Interior

Features

  • Flooring: Laminate Plank
  • Interior Features: Ceiling Fan(s), Recessed Lighting, 2nd Kitchen, Bathroom - Stall Shower, Bathroom - Tub Shower, Bathroom - Walk-In Shower

Measurements

  • Living Area: 3,000
  • Living Area Source: Estimated

Rooms

  • Basement: Fully Finished
  • Has Basement: Yes

Other

General

  • Exclusions: Unit B (bottom unit): Artwork and Livingroom Furniture

Location

  • Subdivision Name: POINT BREEZE
  • Tax Lot: 321

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Electric: 200+ Amp Service
  • Heating: Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1215 S 23rd Street.

What are the annual taxes for 1215 S 23rd Street?

Annual taxes for this multi-family home are estimated at $3,422.

How does 1215 S 23rd Street compare to other multi-family homes in Point Breeze?

This multi-family home is listed 44% above the average price for multi-family homes in Point Breeze and has been on the market for 89 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,000 sqft.

1215 S 23rd Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19146. On Prevu for 5 days at $975,000. This residence features 3,000 square feet of living space, located in Point Breeze. The median listing price for multi-family homes in this area is $354,000. Browse more multi-family home listings in Philadelphia.

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 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. Copyright BRIGHT, All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.