About This Home

This 5-bedroom, 5-bathroom townhouse at 1215 S 23RD Street in Philadelphia, PA is listed for $899,000 ($300 per sqft). Built in 1915, the home offers 3,000 sqft of living space on a 0.02 acres lot.

Key Features

  • Built in 1915
  • 0.02 acre lot
  • 4 stories

Property Details

4 stories
5 full
1915

Amenities

A/C
Listing Description

**Motivated Sellers - Open to all offers!** Positioned in the rapidly appreciating Graduate Hospital / Point Breeze corridor of Philadelphia, this fully operational, income-producing duplex offers a rare opportunity to acquire a proven, turnkey asset with immediate cash flow and long-term tax advantages.

Designed for both flexibility and performance, the property features two completely independent residences with separate entrances, allowing each unit to function as its own private home. Each level spans approximately 1,500 square feet, delivering generous layouts rarely found in comparable multifamily properties.

The upper residence offers a 3-bedroom, 3-bath configuration, complete with a private deck and can be delivered fully furnished. Currently operating as a successful short-term rental, this unit boasts documented income, strong guest reviews, and consistent occupancy, with future bookings already in place, allowing the next owner to step directly into an established revenue stream.

The lower residence features a well-appointed 2-bedroom, 2-bath layout with access to a private backyard, ideal for owner-occupancy, long-term rental, or additional short- or mid-term income generation. What sets this property apart is not just its design, but its performance and financial efficiency.

With approximately 7 years remaining on the Philadelphia 10-Year Tax Abatement, ownership benefits from significant ongoing tax savings, enhancing overall returns. Whether you are an investor seeking a plug-and-play short-term rental asset, or a buyer looking to live in one unit while generating income from the other, this property delivers unmatched versatility.

With proven income history, forward bookings, and operational systems already in place, this is not a concept, it is a business already in motion. A rare opportunity to acquire a performing asset with built-in income, tax advantages, and long-term upside in one of Philadelphia's most dynamic neighborhoods. Schedule your private showing today!

Monthly Cost Estimate

$4,808/mo

20% down · 6.5% · 30 years

Principal$650
Interest$3,896
Insurance$262

Estimates only. Actual payments may vary.

Location

1215 S 23RD Street

Philadelphia, PA 19146

POINT BREEZE

Features & Amenities

Interior Features

Ceiling Fan(s)Entry Level BedroomRecessed LightingStore/Office

Property Details

Construction

Masonry Brick

Parking

On Street

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 5-bedroom, 5-bathroom townhouse at 1215 S 23RD Street is listed at $899,000 ($300/sqft). The estimated monthly payment is $4,808 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1915, 0.02 acre lot, 4 stories. Interior Features: Ceiling Fan(s), Entry Level Bedroom, Recessed Lighting.

This property is listed by Joe Hill.

JH

Joe Hill

License RS344689

Agent at HomeStarr Realty

Listed by HomeStarr Realty · Broker phone: (215) 355-5565 · View on Broker Site · Broker website

MLS# PAPH2612044· Source: Bright MLS· 158 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1215 S 23RD Street, Philadelphia, PA 19146

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