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1215 S 23rd St , Philadelphia, PA 19146
$899,000
Est. Payment: $4,856.55/mo
5 Bed
5 Bath
3000 Sqft
0.02 Acres
Status: active | Days on site: 170
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HOMSTAR - 3304450
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House 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!

Highlights

Listed by Joe Hill , 2154364768 Homestarr Realty , 2153555565. Bright MLS

Property Type

Townhome

Lot/Acreage
0.02

Year Built

1915

County

Philadelphia

Area

19146 (19146)

Neighborhood

Point Breeze

School District

Philadelphia City

Listing ID

PAPH2612044

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:5
Air Cond:Central A/C
Fireplaces:
Floor:Laminated
Above Ground Sq Ft:2250
Below Ground Sq Ft:750
Basement:Fully Finished
Other:
  • ▪ Additional:Ceiling Fan(s), Entry Level Bedroom, Recessed Lighting, Store/Office
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:RSA5
Roof:Flat
Others:
  • ▪ Additional:Exterior Lighting, Sidewalks, Street Lights, Excellent
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$4,857
Taxes
$285

Home Price

$899,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$179,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,856.55

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,856.55 $285.17 $0.00 $5,141.72
Yearly $58,278.64 $3,422.00 $0.00 $61,700.64
Total $1,748,359.30 $102,660.00 $0.00 $1,851,019.30
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T01:13:51.000Z

© 2026 Bright MLS