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1735 S 23Rd Street Philadelphia, PA $ 1,400,000
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$ 1,400,000 Get more info
1735 S 23Rd Street
$ 1,400,000
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1735 S 23Rd Street

Philadelphia, PA, 19145
$ 1,400,000
Bedrooms-- Baths-- Sq 7,602

Monthly Estimate*

$ 8,734

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Commercial Property for sale in Philadelphia, PA

for $1,400,000. This 7,602 square foot building was built in 2021 on a lot size of 0.05.

This 23rd Street five-plex commands instant attention with its striking architecture and curb appeal. Designed by Gnome, one of Philly's leading architectural firms, this 5-unit multifamily building provides a 6.65% CAP in one of Philly's most dynamic locations, swelling with residential demand. The 7600+ SF apartment property features two (2) 1bd x 1ba units, two (2) 3bd x 3ba units and one (1) 2bd x 2ba bi-level penthouse unit with private deck. Each oversized apartment is flooded with natural light and bright and contemporary fit + finish kit. The spacious units provide plenty of room for occupants, powered by high-efficiency building systems. Above-average rent growth coupled with minimal OPEX and a FULL 10yr tax abatement make 1735 S 23rd ST a coveted real estate investment in a Top-10 USA MSA.

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Commercial Active

Price

$ 1,400,000

Property Type

Commercial

Taxes

$ 1,781

Style

Apartment Building

Lot Size

0.05

Year Built

2021

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2547390
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Settlement
Zoning RM1
Construction Materials Brick
Year Built 2021
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Natural Gas
Municipality PHILADELPHIA
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name POINT BREEZE
Water Access Y/N N
Status ACTIVE
Directions Between S 23rd and Pierce St/Moore St off Point Breeze Ave.
City PHILADELPHIA
Number Of Units Total 5
MLS Area 19145 (19145)
Lot Size Units Square Feet
Lot Size Square Feet 1984.00
Tax Annual Amount 1781.0
Price Per Sq Ft Total AG 184.16
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 92
Cap Rate 6.65
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Exterior
Water Source Public
Type of Parking None
Foundation Details Concrete Perimeter
Water View Y/N N
Building Area Total 7602.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.05
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 127300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1735
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* Excluded Features
List By
Keller Williams Liberty Place

Broker

ryan@agentphl.com

Email

Affordability Calculator

$8,883
Per Month
98%
2%
0%
Monthly Principal & Interest
$8,734
Monthly Property Taxes
$148
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
12/2/2025$1,400,000 -6.04% Price Down
10/13/2025$1,490,000 Listed Price

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1735 S 23Rd Street, Philadelphia, PA, 19145 is a Commercial Property for sale at $1,400,000 with 7,602 sqft and a lot size of 0.05. 1735 S 23Rd Street was built in 2021. The property's zip code is 19145 which is in Philadelphia, PA

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