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1618 S Broad StreetPhiladelphia, PA 19145

For Sale

$950,000

Smart Buyer Rebate $9,500

Philly CRE Advisors proudly presents 1618 S Broad St, a recently renovated and well-maintained multifamily asset prominently positioned along the highly visible Broad Street corridor in South Philadelphia’s Newbold neighborhood, offering a compelling opportunity for investors seeking strong in-place cash flow in one of the area’s most strategically located and steadily appreciating corridors. The property consists of three well-appointed residential units featuring modern finishes, central air, in-unit washer and dryer, and updated mechanical systems, providing contemporary comfort with minimal near-term capital expenditure requirements. The unit mix includes Unit 1, a 2-bedroom, 2-bathroom residence leased at $2,100 per month; Unit 2, a 2-bedroom, 2-bathroom residence leased at $2,200 per month; and Unit 3, a 3-bedroom, 2-bathroom residence leased at $2,100 per month, generating a total of $6,400 per month ($76,800 annually) in gross residential income and delivering immediate stabilized cash flow supported by strong rental fundamentals. Located steps from Methodist Hospital, the South Philadelphia Sports Complex, and the vibrant Passyunk Avenue dining and retail corridor, the property benefits from exceptional visibility, accessibility, and proximity to Broad Street transit with seamless access to Center City, positioning the asset for long-term appreciation and sustained rental demand in one of South Philadelphia’s most active and resilient submarkets.

Listed by ERIC Andrew Dvotsky

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License #rs332410

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BHHS Fox & Roach-Center City Walnut

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2672434652

Last updated March 13, 2026

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Source: BrightMLS #PAPH2587622

Listing Facts

  • TypeMulti-family
  • NeighborhoodNewbold
  • Days on Prevu17
  • Taxes$8,184/year
  • Size3,460 sqft
  • Price per sqft$275

Location

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Listing History

02/27/2026
Listed by BHHS Fox & Roach-Center City Walnut
$950,000

Property Details for 1618 S Broad Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Year Built: 1915
  • Architectural Style: Contemporary
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.03
  • Lot Size Dimensions: 18
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,476
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $8,184.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 3,460
  • Living Area Source: Assessor

Other

Location

  • Subdivision Name: NEWBOLD
  • Tax Lot: 316

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Ductless/Mini-Split
  • Heating: Other
  • 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 1618 S Broad Street.

What are the annual taxes for 1618 S Broad Street?

Annual taxes for this multi-family home are estimated at $8,184.

How does 1618 S Broad Street compare to other multi-family homes in Newbold?

This multi-family home is listed 42% above the average price for multi-family homes in Newbold and has been on the market for 105 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 3,460 sqft.

1618 S Broad Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19145. Available on Prevu for 17 days at $950,000. This home features 3,460 square feet of living space, located in Newbold. The median listing price for multi-family homes in this area is $345,750. Explore more multi-family home listings in Philadelphia.

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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.