239 Race Street Philadelphia, PA $ 1,650,000
239 Race Street
$ 1,650,000
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239 Race Street

Philadelphia, PA, 19106
$ 1,650,000
Bedrooms9 Baths0.0

Monthly Estimate*

$ 10,159

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Multi-Family Home for sale in Philadelphia, PA

for $1,650,000 with 9 bedrooms. This home was built in 1900.

239 Race Street: A Legacy of Industrial Elegance in Philadelphias Old City Own an Architectural Masterpiece and a prestigious piece of American history with the John Jordan Building, a meticulously maintained, historic masonry structure standing in the heart of Old City since 1900. This mixed-use powerhouse offers a rare blend of (5) five residential condominiums and a premier commercial office suite, totaling approximately 5,895 square feet of high-yield real estate. Residential Interiors: Where Historic Soul Meets High Design Step inside to discover interiors that define "Old City Luxury." Each unit serves as a masterclass in industrial-chic design, featuring: Original Craftsmanship: Glistening wide-plank pine floors and dramatic decorative marble fireplaces serve as stunning focal points in the living areas. Curated Details: Soaring 10-foot+ ceilings are complemented by bespoke built-in library bookshelves, some featuring classic rolling ladders. Light & Air: Massive factory-style windows and private patios balconies/decks offer sun-drenched living spaces and views of the neighborhood's tree-lined beauty. Modern Amenities: Every unit is thoughtfully "fully loaded" with in-unit laundry, appliances (including dishwashers and gas ranges), and central A/C. Detailed Unit Breakdown & Monthly Income This diversified portfolio provides immediate income stability with the following residential layouts: Unit A: 1 Bed / 1 Bath | 780 sq ft Unit B: 2 Bed / 1.5 Bath | 1,422 sq ft Unit C: 3 Bed / 2 Bath | 1,272 sq ft Unit D: 2 Bed / 1 Bath | 966 sq ft Unit E: 1 Bed / 1 Bath + Den | 720 sq ft Basement 735 sq ft Unrivaled Investment & Development Upside Strategically zoned CMX-3, this property is more than a turn-key income generator, it is a growth engine with room to raise the current rents of these amazing condo's. Development Potential: The current zoning allows for significant future expansion, including potential vertical or rear extensions. An additional 735 square feet of cellar storage offers a "blank canvas" for resident amenities or expanded commercial utility. Optimized Systems: Benefit from a full roof replacement in 2023, new HVAC systems, and new water heaters, ensuring minimal capital expenditure for years to come. At the Center of Philadelphias Historic Renaissance Boasting a near-perfect Walk Score of 97, 239 Race Street places your tenants in the "Most Stylish Neighborhood" in the city. Culture: Seconds from the Benjamin Franklin Bridge, Race Street Pier, and the legendary Elfreths Alley. Dining: Surrounded by world-class staples like Race Street Cafe, Tuna Bar, and Cafe Ole. Schedule your appointment today to capture this timeless allure of Old City. 239 Race Street is an acquisition for the ages. Schedule your appointment today!

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Multi-Family Active

Price

$ 1,650,000

Bedrooms

9

Property Type

Multi-Family

Taxes

$ 19,592

Style

Year Built

1900

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2594248

Features
General
Living Area 5160
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Immediate
Zoning CMX3
Architectural Style Other
Construction Materials Masonry
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Year Built 1900
Property Subtype Other
Tax Year 2025
Ownership Other
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Subdivision Name OLD CITY
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions East on Race St pass 3rd St and property on the left
City PHILADELPHIA
Number Of Units Total 4
MLS Area 19106 (19106)
Tax Annual Amount 19592.0
Property Condition Excellent
Two Bedroom 2
Structure Type End of Row/Townhouse
Price Per Sq Ft Total AG 319.77
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Virtual Tour https://my.matterport.com/show/?m=JqV6ZYAVvHM&brand=0&mls=1&
Standard Status Active
Year Built Source Assessor
Tax Lot 753
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Interior
Heating Fuel Natural Gas
Flooring Hardwood
Hot Water Natural Gas
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
Number of Elevators 0
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Brick/Mortar
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Waterfront Y/N N
Land Assessed Value 40400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 239
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* Excluded Features
List By
Keller Williams Real Estate - Newtown

Broker

tomgreertherealtor@gmail.com

Email

Affordability Calculator

$11,792
Per Month
86%
14%
0%
Monthly Principal & Interest
$10,159
Monthly Property Taxes
$1,633
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/14/2026$1,650,000 Listed Price

Map


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239 Race Street, Philadelphia, PA, 19106 is a Multi-Family Home for sale at $1,650,000. 239 Race Street has 9 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 19106 which is in Philadelphia, PA