$533,000

1913 N 23rd St Philadelphia, PA 19121

$6,329
Closing credit¹
1,839 sqft
0.03 acres
$290 / sqft
Multi-Family

Property details

About 1913 N 23rd St

Property Addresses included in portfolio : 2725 Glenwood Ave MLS# PAPH2285644 | 2530 Ridge Ave MLS# PAPH2285656 | 1913 N 23rd MLS# PAPH2285666 | 1941 N 23rd MLS# PAPH2285670 | 1210 W Dauphin MLS# PAPH2285626 | 1212 W Dauphin MLS# PAPH2285638 Total Asking Price For Portfolio: $3,200,000 Scan for photos on the Virtual Offering Memorandum. Here is a remarkable investment opportunity in the heart of Philadelphia – a portfolio of six triplex multi-family buildings, offering a total of 18 units, 19 bathrooms, and 31 bedrooms. This is an exceptional chance for discerning investors seeking a strong return. All leases except for Glenwood units are through PHA making rent payments guaranteed. 2024 rents are poised to increase $1764 for 2 beds and $1476 for 1 beds. Advertised rents are for 2024 proforma, and current cap rate is 8%+ **Key Features:** - Turnkey Recently Renovated Portfolio: These properties have been meticulously renovated, ensuring they are in superb condition and ready for occupancy or rental. - Rent Program Tenants: Enjoy the reliability of guaranteed rent from the city, providing a stable income stream. - Under Market Rents: There exists an opportunity to maximize your returns by adjusting rental rates to align with the current market conditions. - Proximity to Philadelphia Schools: These properties are conveniently located near Philadelphia schools, making them appealing to potential tenants with families. **Location:** Strategically positioned in Philadelphia, a city renowned for its vibrant culture and robust real estate market. With easy access to schools and essential amenities, this location is poised for growth and offers excellent rental potential. This outstanding investment opportunity is exclusively represented by MY Philly Cassell, your trusted partner in Philadelphia real estate. If you are considering expanding your investment portfolio or entering the dynamic Philadelphia real estate market, this is an opportunity you should explore. Seize this remarkable chance to acquire this portfolio of multi-family buildings. Contact us today to obtain more details and take the first step toward securing a prosperous investment in the City of Brotherly Love.

Highlights

Home typeTriplex
HeatingCentral
StatusActive
(ACTIVE)
CoolingCentral Air
Size1,839 sqft
Lot size0.03 Acres
Year built1915
ParkingOn Street
MLS #PAPH2285666

Summary

  • Parking: On Street
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $533,000
  • Price/SqFt: $289
  • Annual Tax Amount: $1,101
  • Tax Year: 2023
  • Directions: On N 23rd Street.
  • Year Built: 1915
  • Living Area: 1,839 SqFt
  • Municipality: Philadelphia
  • Lot Size: 0.03 Acres
  • MLS Number: PAPH2285666
  • MLS Name: BRIGHT
  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Office Email: vicki@kwempower.com
  • Listing Agent: Richard K Cassell
  • Agent Phone: (267) 813-2985
  • Agent Email: rcassell@kw.com

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2025, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

exterior space

$533,000

1913 N 23rd St

$6,329

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 14, 2022
Home Sold
$170,000

Tax history

YearAssessmentProperty Tax
2023$78,700$1,101
2022$78,700$634
2021$-$634
2020$45,300$634
2019$43,800$613
2018$27,700$387
2017$27,700$387

History based on county public records data.

Nearby schools

1

Richard R. Wright Elementary School

Public District KG-5

0.5 mi

2700 W Dauphin St

2

Kipp North Philadelphia Charter School

Public Charter KG-6

0.9 mi

2539 N 16th St

1

Thomas May Peirce Elementary School

Public District KG-6

1.0 mi

2300 W Cambria St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $13,452. Residents of Philadelphia, PA typically earn less than $<35k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

87%
<35k
12%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

49%
Single, No Kids
42%
Single, with Kids
4%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
11%
12-17 yrs old
27%
18-34 yrs old
34%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1913 N 23rd St in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 1,839 square foot home, which was built in 1915, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since October 25, 2023 and is currently priced at $533,000.

Philadelphia, PA housing market in March 2025 saw over 174 listings sold above listed price, more than 171 sold at listed price and over 344 sold below. The number of homes for sale in Philadelphia, PA increased by 29.2% between February and March 2025. Listings spent 50 days on the market in March 2025, and had a median list price of $269,412 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources