223 S 45TH ST, Philadelphia, PA 19104
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223 S 45TH ST, Philadelphia, PA 19104
223 S 45TH ST, Philadelphia, PA 19104
223 S 45TH ST, Philadelphia, PA 19104
223 S 45TH ST, Philadelphia, PA 19104
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Tonia Falkowski

Tonia Falkowski

+1(443) 510-0383
Listed by Ariel Morgenstein • JG Real Estate LLC
$ 1,199,995
Est. payment /mo
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Price Dropped by $75K

223 S 45TH ST Philadelphia, PA 19104

2,033 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2620030

Year Built 1935

Available Date 2026-05-15

Annual Tax Amount $5,053

Tax Year 2026

Lot Size 2,033 Sqft

Acres 0.05

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

223 S. 45th Street offers investors the opportunity to acquire a well-located asset in Philadelphia's highly desirable University City submarket. Situated in the Spruce Hill neighborhood, the property benefits from immediate proximity to the University of Pennsylvania and Drexel University, driving consistent rental demand from students, faculty, and young professionals. Fully occupied with 5-units including (1) studio/1 bathroom, (2) 1 bedroom/1 bathroom; (1) 2 bedroom/2 bathroom); and (1) 3 bedroom/3 bathroom. Investment highlights include: University City location with durable rental demand; Walkable to parks, retail, and dining amenities; Strong transit connectivity to Center City and major employment hubs; and Stable cash flow and long-term appreciation in one of Philadelphia's most resilient rental markets.

Location

State PA

County Philadelphia

Area 19143 (19143)

Zoning CMX2

Interior

Hot Water Electric

Heating Forced Air, Heat Pump(s)

Cooling Central A/C

Inclusions All appliances in as-is condition

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871127150

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Tonia Falkowski

Tonia Falkowski

Advisor | License ID: 659530

+1(443) 510-0383

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223 S 45TH ST