2 S 46Th Street Philadelphia, PA $ 2,800,000
2 S 46Th Street
$ 2,800,000
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2 S 46Th Street

Philadelphia, PA, 19139
$ 2,800,000
Bedrooms-- Baths-- Sq 11,250

Monthly Estimate*

$ 17,240

2 S 46Th Street, Philadelphia, PA 19139 - Image 1
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2 S 46Th Street, Philadelphia, PA 19139 - Image 10
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2 S 46Th Street, Philadelphia, PA 19139 - Image 12
2 S 46Th Street, Philadelphia, PA 19139 - Image 13

Commercial Property for sale in Philadelphia, PA

for $2,800,000. This 11,250 square foot building was built in 1930 on a lot size of 0.13.

We are pleased to present the exclusive sale of 2-8 S 46th St., a 13-unit apartment building located at the highly trafficted corner of S 46th St. and Market St. in University City. The property presents a fantastic investment opportunity with (13) 2 bedroom/ 1 bath units, all of which are self-contained. The property does present a value-add opportunity, as with some upgrades / improvements, there is potential to increase rents. The seller has owned the property for over 15 years, and has had stellar rental history throughout their ownership. The property is very well located in University City, making this an ideal location for students from local universities.

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Commercial Active

Price

$ 2,800,000

Property Type

Commercial

Taxes

$ 15,497

Style

Apartment Building

Lot Size

0.13

Year Built

1930

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2611852

Features
Interior
Heating Fuel Other
Hot Water Other
Heating Y/N Y
Central Air Y/N N
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General
Sewer Other
Heating Baseboard - Electric
Cooling Window Unit(s)
Possession Negotiable
Roof Flat Asphalt Tar/Gravel
Zoning RM1
Construction Materials Masonry Brick Stucco
Year Built 1930
Property Subtype Five Or More Units
Tax Year 2026
Ownership Fee Simple
Cool Fuel Other
Municipality PHILADELPHIA
Gross Income 224640.00
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
Net Operating Income 147284.00
Operating Expense 54993.00
Insurance Expense 11976.00
New Construction N
Property Type Commercial Sale
MaintenanceExpense 10500.00
Water Access Y/N N
Status ACTIVE
Directions N/A
City PHILADELPHIA
MLS Area 19139 (19139)
Lot Size Units Square Feet
Lot Size Square Feet 5609.00
Tax Annual Amount 15497.0
Electric Expense 6355.00
Trash Expense 7804.00
Price Per Sq Ft Total AG 248.89
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 117
Total Actual Rent 217774.00
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Exterior
Water Source Other
Type of Parking None
Water View Y/N N
Building Area Total 11250.00
Lot Dimensions 79.00 x 71.00
Lot Size Acres 0.13
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 166065.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2
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* Excluded Features
List By
Mallin Panchelli Nadel Realty Inc

Broker

nbilynsky@mpnrealty.com

Email

Affordability Calculator

$18,531
Per Month
93%
7%
0%
Monthly Principal & Interest
$17,240
Monthly Property Taxes
$1,291
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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2026$2,800,000 Listed Price

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2 S 46Th Street, Philadelphia, PA, 19139 is a Commercial Property for sale at $2,800,000 with 11,250 sqft and a lot size of 0.13. 2 S 46Th Street was built in 1930. The property's zip code is 19139 which is in Philadelphia, PA