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 6.25% 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
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License #RS316262
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Keller Williams Liberty Place
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6106061095
Last updated October 13, 2025
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Source: BrightMLS #PAPH2546916
Listing Facts
TypeMulti-family
NeighborhoodPoint Breeze
Days on Prevu10
Taxes$1,781/year
Size7,602 sqft
Price per sqft$196
Location
Mortgage Calculator
Listing History
10/13/2025
Listed by Keller Williams Liberty Place
$1,490,000
Property Details for 1735 S 23rd Street
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Year Built: 2021
Architectural Style: Contemporary
Construction Materials: Brick
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.05
Lot Size Dimensions: 0
Lot Size Source: Assessor
Lot Size Square Feet: 1,984
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 6.25
Taxes
Tax Annual Amount: $1,781.00
Tax Year: 2025
Interior
Features
Fireplace: No
Measurements
Living Area: 7,602
Living Area Source: Estimated
Other
Location
Subdivision Name: POINT BREEZE
Tax Lot: 92
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Central A/C
Heating: Central
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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