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 Market48
Property Features for 1230 S 2ND ST
General Information
Standard status
Active
Size
1,728 SF
Property subtype
Multi-Family
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: Sep 8
Last Checked: Sep 13 at 12:25PM
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
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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Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
1,858
Businesses Nearby
Explore this area
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
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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
