Seven-Unit Apartment
For Sale
$1,300,000
1230 S 2ND ST, Philadelphia, PA 19147
Boutique multifamily property with five two-bedroom and two one-bedroom units, built in 1915.
Property Size1,728 SF
Price / SF$752.31
Days on Market94
Property Features for 1230 S 2ND ST
General Information
Standard status
Active
Size
1,728 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Pennsport
Units
Unit Mix
5 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
7
Additional Details
Average Monthly Rent
$1,551
Listing Agency:
TCS Management, LLC
(215) 383-1439
Listed By:
Moshe Adika · License #AB069795
(267) 210-3080
Source:
360
Added: Jul 29
Changed: Oct 25
Last Checked: Oct 28 at 8:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TCS Management, LLC
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Investment Insights
Based on property information with market context.
Fee simple opportunity at 1228–30 South 2nd Street and 1231 S. Philip Street: a boutique seven-unit apartment building in South Philadelphia’s Pennsport area. The property is configured with five two-bedroom/one-bath rental units and two one-bedroom/one-bath rental units, providing a balanced unit mix for day-to-day occupancy needs.
The building was constructed in 1915. Total property size is listed at 1,728, and the residential layouts are designed to serve a range of renter types with both one- and two-bedroom options. The offering includes 1228–30 South 2nd Street as well as 1231 S. Philip Street as part of a package sale.
This asset is presented as a turnkey multifamily investment with in-place rents and unit mix spanning one- and two-bedroom homes, supporting steady leasing demand within a neighborhood described as increasingly sought after by residents.
The building was constructed in 1915. Total property size is listed at 1,728, and the residential layouts are designed to serve a range of renter types with both one- and two-bedroom options. The offering includes 1228–30 South 2nd Street as well as 1231 S. Philip Street as part of a package sale.
This asset is presented as a turnkey multifamily investment with in-place rents and unit mix spanning one- and two-bedroom homes, supporting steady leasing demand within a neighborhood described as increasingly sought after by residents.
Key Highlights
- Package sale includes 1228–30 South 2nd Street and 1231 S. Philip Street
- Seven total units with five two‑bedroom/one‑bath and two one‑bedroom/one‑bath units
- Property size listed at 1,728
Property Analytics
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Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
1,858
Businesses Nearby
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Business Placement
Demographics for 19147, PA
41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Boutique multifamily property with five two-bedroom and two one-bedroom units, built in 1915.
Where is this apartment building located?
The property is located at 1230 S 2ND ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Package sale includes 1228–30 South 2nd Street and 1231 S. Philip Street; Seven total units with five two‑bedroom/one‑bath and two one‑bedroom/one‑bath units; Property size listed at 1,728
