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223 S 45Th Street Philadelphia, PA $ 1,275,000
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$ 1,275,000 Get more info
223 S 45Th Street
$ 1,275,000
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Share Save

223 S 45Th Street

Philadelphia, PA, 19104
$ 1,275,000
Bedrooms-- Baths-- Sq 2,428

Monthly Estimate*

$ 7,850

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Commercial Property for sale in Philadelphia, PA

for $1,275,000. This 2,428 square foot building was built in 1935 on a lot size of 0.05.

223 S. 45th Street offers investors the opportunity to acquire a well-located asset in Philadelphias highly desirable University City submarket. Situated in the Spruce Hill neighborhood, the property benefits from immediate proximity to the University of Pennsylvania and Drexel University, driving consistent rental demand from students, faculty, and young professionals. Fully occupied with 5-units including (1) studio/1 bathroom, (2) 1 bedroom/1 bathroom; (1) 2 bedroom/2 bathroom); and (1) 3 bedroom/3 bathroom. Investment highlights include: University City location with durable rental demand; Walkable to parks, retail, and dining amenities; Strong transit connectivity to Center City and major employment hubs; and Stable cash flow and long-term appreciation in one of Philadelphias most resilient rental markets.

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Commercial Coming Soon

Price

$ 1,275,000

Property Type

Commercial

Taxes

$ 5,053

Style

Apartment Building

Lot Size

0.05

Year Built

1935

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2620030
Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air Heat Pump(s)
Cooling Central A/C
Possession Negotiable Settlement Subject to Existing Lease
Zoning CMX2
Construction Materials Other
Exclusions Tenant personal belongings
Year Built 1935
Property Subtype Five Or More Units
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Gross Income 97104.00
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
Net Operating Income 81139.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status COMING SOON
Directions Between Locust Street and Spruce Street on S. 45th Street
City PHILADELPHIA
MLS Area 19143 (19143)
Lot Size Units Square Feet
Lot Size Square Feet 2033.00
Tax Annual Amount 5053.0
Price Per Sq Ft Total AG 524.69
Historic Y/N N
Vacation Rental Y/N N
Standard Status Coming Soon
Year Built Source Estimated
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Exterior
Water Source Public
Inclusions All appliances in as-is condition
Type of Parking None
Water View Y/N N
Building Area Total 2430.00
Lot Size Acres 0.05
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 223
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* Excluded Features
List By
Jg Real Estate Llc

Broker

ariel@jg-realestate.com

Email

Affordability Calculator

$8,271
Per Month
95%
5%
0%
Monthly Principal & Interest
$7,850
Monthly Property Taxes
$421
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/12/2026$1,275,000 Listed Price

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223 S 45Th Street, Philadelphia, PA, 19104 is a Commercial Property for sale at $1,275,000 with 2,428 sqft and a lot size of 0.05. 223 S 45Th Street was built in 1935. The property's zip code is 19104 which is in Philadelphia, PA

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