$10,000 Closing Credit¹
Frank L DeFazio, Listing Office: BHHS Fox & Roach-Center City Walnut
$10,000
closing credit¹
638 S St Philadelphia, PA 19147
$1,799,000 List price
$10,000
Closing credit¹
6,258 sqft
0.05 acres
$287 / sqft
House
Property details
About 638 S St
Welcome to 638 South Street! Located on one of Philadelphia’s most popular and well known streets, you don’t want to miss out on this investment opportunity. This building includes a retail store front and 4 residential, two bedroom apartments. This amazing cash producing investment opportunity is fully occupied currently producing a 6.9% cap rate! The retail space includes a half bathroom and a basement for storage. Two of the apartments face South Street, and the other two apartments face Kater Street. The apartments are located on the second and third floors of the building and all have separate entrances. The residential apartments include recessed living room lighting, beautiful hardwood floors in the living/kitchen area, stainless steel kitchen appliances, great natural light, and ceiling fans in the bedrooms. The units each have central air/heat controlled with a Nest thermostat, an in-unit washer/dryer set, dishwasher, and separate utilities. Residents will find themselves experiencing all that South Street has to offer. Only a short walk or distance away from some of the most popular attractions in the area including, markets, parks, museums, cafes & restaurants, shops, nightlife, and more! Visit Penn’s Landing and its many piers or the Liberty Bell in Philadelphia which are both nearby. There is plenty of public transportation nearby, including buses, trains, and subways, which take you anywhere you’d like to go in Philadelphia and the surrounding area. Don’t miss out on this great investment opportunity!
Highlights
Home typeOther
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size6,258 sqft
Lot size0.05 Acres
Year built1920
ParkingOn Street
MLS #PAPH2377130
Summary
- MLS Number: PAPH2377130
- MLS Name: BRIGHT
- Office Name: Becker Capital, LLC
- Office Phone: (445) 227-3555
- Listing Agent: Cordell Kevin Becker
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: 1/23/2025, 8:20:54 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
$1,799,000
638 S St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2020 | $0 | $15,581 |
| 2019 | $1,102,100 | $15,427 |
| 2018 | $1,353,600 | $18,947 |
| 2017 | $525,100 | $7,350 |
History based on county public records data.
Nearby schools
5
Francis Scott Key School
Public District KG-6
1.5 mi
•2230 S 8th St
1
Hope Community Charter School
Public Charter KG-6
1.7 mi
•836 S 4th St
3
Stephen Girard Elementary School
Public District KG-4
1.7 mi
•1800 Snyder Ave
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 $69,420. Residents of Philadelphia, PA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
25%
<35k
44%
35k-100k
20%
100k-200k
11%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
69%
Single, No Kids
3%
Single, with Kids
17%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
2%
12-17 yrs old
43%
18-34 yrs old
38%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Tennis
Live Theatre
Where do the neighbors shop?
Bloomingdales
Crate & Barrel
H&M
Where do the neighbors go to eat?
Starbucks
Boston Market
Chipotle
What do the neighbors drive?
Audi
BMW
Mercedes
What do the neighbors listen to?
Alternative
News- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 638 S St
This home is located at 638 S St in Philadelphia, PA and zip code 19147 in the South Philadelphia neighborhood. This 6,258 square foot home, which was built in 1920, sits on a 0.05 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $1,799,000.
In December 2024 more than 218 listings in Philadelphia, PA were sold above the asking price. During the same period more than 229 listings were sold at asking price, while more than 580 were sold below. The number of listings in Philadelphia, PA decreased by 2.3% between November and December 2024. The median list price of listings available in December 2024 was $267,873, while the average time on the real estate market was 49 days.
From Rocket Homes Real Estate and based on county public records data.