239-00 Race Street
Philadelphia, PA, 19106 $ 1,600,000
Bedrooms9 Baths0.0 Monthly Estimate*
$ 9,851
for $1,600,000 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. Live. Work. Own the Entire Experience. This is one of those rare properties where you dont just invest, you position yourself. Operate your business from a premier commercial space while living upstairs in a stunning Old City residence, or keep the full building income-producing while still having the option to step in whenever you want. Flexibility, control, and presence, all under one roof in one of Philadelphias most iconic neighborhoods. Schedule your appointment today!
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FeaturesGeneralLiving 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 310.08
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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InteriorHeating 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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ExteriorPool 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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* Excluded FeaturesList ByKeller Williams Real Estate - NewtownBroker
tomgreertherealtor@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,851
- 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.
Learn more about how to save NearbyMulti-family listings in Philadelphia, PA
Average List Price $547,257
Percent of Sale Price 66%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/17/2026 | $1,600,000 | -3.03% | Price Down |
| 3/14/2026 | $1,650,000 | | Listed Price |