257 + 259 South 46th Street: seize the opportunity to enter Philly’s highest-growth marketplace with this value-add real estate located in the coveted PENN ALEXANDER school catchment (Blue Ribbon School Award). Two side-by-side quadplexes (8 total units) with plenty of rental upside and original charm. Each ±3000 SF 3-storey building features two (2) 2bd apartments, one (1) studio and one (1) 1bd apartment. Located on one of the most coveted, quaint streets in West Philadelphia, these assets boast tremendous curb appeal and access to the “Eds & Meds” economy which is Philadelphia’s powerhouse district for jobs, higher education (UPenn and Drexel), healthcare (Chop, Hup) and innovation (Schuylkill Yards, Science Center) — insulating investment potential for years to come with guaranteed rental demand. Located in the top-rated PENN ALEXANDER school catchment (K-8).
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 November 19, 2025
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Source: BrightMLS #PAPH2414070
Listing Facts
TypeMulti-family
NeighborhoodSpruce Hill
Days on Prevu413
Taxes$15,000/year
Size6,000 sqft
Price per sqft$238
Location
Mortgage Calculator
Listing History
11/18/2025
Price Decreased
$1,425,000
06/11/2025
Price Decreased
$1,450,000
03/30/2025
Price Decreased
$1,475,000
02/06/2025
Price Decreased
$1,500,000
11/04/2024
Status changed to Active
$1,600,000
11/04/2024
Status changed to Removed from Feed
$1,600,000
10/25/2024
Listed by Keller Williams Liberty Place
$1,600,000
Property Details for 257-9 S 46TH Street
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Stories Total: 3
Year Built: 1925
Architectural Style: Unit/Flat
Construction Materials: Masonry
Features
Other Structures: Above Grade
View: City
Waterfront: No
Measurements
Lot Dimensions Source: Estimated
Lot Features: Additional Lot(s)
Lot Size Acres: 0.10
Lot Size Dimensions: 40
Lot Size Source: Estimated
Lot Size Square Feet: 4,150
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 7.3
Taxes
Tax Annual Amount: $15,000.00
Tax Year: 2024
Interior
Measurements
Living Area: 6,000
Living Area Source: Estimated
Other
Location
Subdivision Name: WEST PHILADELPHIA
Tax Lot: 62
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Window Unit(s)
Heating: Baseboard - Electric, Radiator
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 257-9 S 46TH Street.
What are the annual taxes for 257-9 S 46TH Street?
Annual taxes for this multi-family home are estimated at $15,000.
How does 257-9 S 46TH Street compare to other multi-family homes in Spruce Hill?
This multi-family home is listed 46% above the average price for multi-family homes in Spruce Hill and has been on the market for 287 more 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 6,000 sqft.
257-9 S 46TH Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19139. Listed on Prevu for 413 days at $1,425,000. This includes a recent price decrease of $25,000. This home features 6,000 square feet of living space, located in Spruce Hill. The median listing price for multi-family homes in this area is $599,000. Browse more multi-family home listings in Philadelphia.
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