1540 South Street
Philadelphia, PA, 19146 $ 829,000
Bedrooms3 Baths0.0 Monthly Estimate*
$ 5,104
for $829,000 with 3 bedrooms. This home was built in 1915 on a lot size of 0.02.
Step into a unique opportunity on vibrant South Street. This expansive, grandfathered four-story brick-front building offers over 2,900 square feet of combined residential and commercial space in one of the citys most sought-after locations, bordering Rittenhouse Square and Graduate Hospital. Fully tenant-occupied, the mixed-use property includes a ground-floor retail space, a second-floor one-bedroom apartment, and a spacious bi-level two-bedroom apartment spanning the third and fourth floors. The storefront features its own private entrance, separate from the residential units, and enjoys prime positioning along South Street. A large bay window provides excellent visibility and display potential, while the interior boasts high ceilings, a private office, a powder room, and access to a small rear yard. A full basement, accessible from both the store and the street via Bilco doors, adds valuable storage and functionality. Above, the residential units are bright and thoughtfully designed. The second-floor one-bedroom apartment includes hardwood floors and a private rear balcony. The upper bi-level unit offers a more expansive layout with two bedrooms, hardwood flooring, skylight, and access to a large private deck. Both apartments, along with the retail space, are equipped with separate central air conditioning systems that are only a few years old. Originally custom-rehabbed in the 1980s by an architect, the property was designed to maximize natural light throughout. This attention to detail is evident even in the shared staircase, where exposed brick and abundant natural light create a warm, inviting transition between levels. Each unit also includes additional storage space for added convenience. Located just steps from the historic Royal Theatre and surrounded by an eclectic mix of restaurants, shops, theaters, and neighborhood amenities, this one-of-a-kind property offers immediate access to Rittenhouse Square, Graduate Hospital, and Broad Street.
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FeaturesGeneralLiving Area 2920
Sewer Public Sewer
Heating Central Forced Air
Cooling Central A/C
Possession 0-30 Days CD 31-60 Days CD 61-90 Days CD
Zoning CMX2
Architectural Style Traditional
Construction Materials Masonry
School District PHILADELPHIA CITY
Year Built 1915
Property Subtype Triplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions From 16th St turn right on South St.
City PHILADELPHIA
Number Of Units Total 3
MLS Area 19146 (19146)
Lot Size Units Square Feet
Lot Size Square Feet 1088.00
Number of Units Leased 3
Tax Annual Amount 11413.0
Two Bedroom 1
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 283.9
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
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InteriorHeating Fuel Natural Gas Electric
Hot Water Natural Gas Electric
Heating Y/N Y
Central Air Y/N Y
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ExteriorPool No Pool
Water Source Public
Type of Parking None
Foundation Details Stone
Water View Y/N N
Lot Dimensions 16.00 x 68.00
Lot Size Acres 0.02
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByCompass Pennsylvania, LlcBroker
tony@theaffinityteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,104
- Monthly Property Taxes
- $951
- 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 $563,209
Percent of Sale Price 32%
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.
4835660 Elementary School
4835659 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/15/2026 | $829,000 | | Listed Price |