7 days on Rocket
$6,638 Closing Credit¹
#PAPH2494668, Jake Himmelstein, Listing office: Coldwell Banker Realty
$533,000 List price
1941 N 23rd St Philadelphia, PA 19121
$6,329
Closing credit¹
1,884 sqft
0.03 acres
$283 / sqft
Multi-Family
Property details
About 1941 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)
(ACTIVE)
CoolingCentral Air
Size1,884 sqft
Lot size0.03 Acres
Year built1915
ParkingOn Street
MLS #PAPH2285670
Summary
- Parking: On Street
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $533,000
- Price/SqFt: $282
- Annual Tax Amount: $1,094
- Tax Year: 2023
- Directions: On N 23rd Street.
- Year Built: 1915
- Living Area: 1,884 SqFt
- Municipality: Philadelphia
- Lot Size: 0.03 Acres
- MLS Number: PAPH2285670
- 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
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: 6/21/2025, 11:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$533,000
1941 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
| Date | Event | Price |
|---|---|---|
| Jul 25, 2022 | Home Sold | $168,000 |
| Jan 26, 2022 | Home Sold | $115,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $78,200 | $1,094 |
| 2022 | $78,200 | $634 |
| 2021 | $- | $634 |
| 2020 | $45,300 | $634 |
| 2019 | $43,800 | $613 |
| 2018 | $27,600 | $386 |
| 2017 | $27,600 | $386 |
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.
Neighborhood
The neighbors living near this home have an average income of $13,452. Typical income of Philadelphia, PA residents is less than $<35k annually. Most families are single, no kids. Residents of this area typically 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 Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1941 N 23rd St
The listing price of 1941 N 23rd St property is $533,000.
The property 1941 N 23rd St is a multi located in Philadelphia, Pennsylvania, 19121.
Active Listing: 1941 N 23rd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1941 N 23rd St are: Richard R. Wright Elementary School (GreatSchools Rating 1/10), Kipp North Philadelphia Charter School (GreatSchools Rating 2/10), Thomas May Peirce Elementary School (GreatSchools Rating 1/10), Young Scholars Charter School at Frederick Douglass (GreatSchools Rating 3/10), William Dick School (GreatSchools Rating 4/10), Alliance for Progress Charter School (GreatSchools Rating 3/10), Carver High School (GreatSchools Rating 8/10), Vaux Big Picture High School (GreatSchools Rating 2/10), Dobbins Avt High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $1,094 (source: MLS/based on county public records data).
The last sale was on July 25, 2022 for $168,000 (source: MLS/tax record).
The property 1941 N 23rd St is 1,884 SqFt (source: MLS/tax record).
The year of construction for 1941 N 23rd St is 1915.
This home is located at 1941 N 23rd St in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 1,884 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.
The number of homes for sale in Philadelphia, PA increased by 40.9% between April and May 2025. In May 2025, listings were on the market for 89 days. During the same period, the median list price in this real estate market was $298,569.
From Rocket Homes Real Estate and based on county public records data.