1149 S 15th St

$585,000
Last Sold Price
5
Beds
4
Baths
1,886 Sq. Ft.
$310 / Sq. Ft.
1,886
Sq. Ft.
$310
per Sq. Ft.

Description

Fully occupied triplex in an A+ location at 15th & Ellsworth. 94 WalkScore. One block to Broad Street Subway. Two blocks to Giant, Sprouts, Target, Starbucks, PetSmart, and a lot more. Easy walk to East Passyunk, the Italian Market, and Center City. Turn-key investment in a desirable location. Solid Cap Rate! In great condition with fully separated gas and electric. The building is fully zoned for 3 units with an active rental license for 3 units. All units include in-unit dishwasher and washer/dryer,...Fully occupied triplex in an A+ location at 15th & Ellsworth. 94 WalkScore. One block to Broad Street Subway. Two blocks to Giant, Sprouts, Target, Starbucks, PetSmart, and a lot more. Easy walk to East Passyunk, the Italian Market, and Center City. Turn-key investment in a desirable location. Solid Cap Rate! In great condition with fully separated gas and electric. The building is fully zoned for 3 units with an active rental license for 3 units. All units include in-unit dishwasher and washer/dryer, central air, hardwood floors, and outdoor space. Each unit has reasonable rents and is in great condition—exactly what tenants are looking for. These units are always easy to rent. The current owner values both quality tenants and no vacancies. Leases run into mid-2026. ✅ 1149 S 15th is also being offered as part of a larger portfolio with various purchase options. Details on the portfolio and all package combinations include--Superb turn-key commercial investment package. Includes 6 fully occupied, income-generating apartment buildings (37 total units) in excellent locations. 23 units in red-hot Germantown. 9 units at prime 15th & Ellsworth location. 5 units in University City. All new or newer buildings, some with remaining tax abatements✅ Solid Cap Rates!✅ Each apartment building is fully turnkey, and in excellent condition✅ Fully separated gas and electric✅ All units legally zoned with active rental licenses corresponding to exact number of units✅ All units include in-unit dishwasher and washer/dryer✅ New or newer stainless-steel appliances & granite countertops in 34 units (3 units have nice white appliances)✅ Some units with nice outdoor space as well✅ Each unit has reasonable rents for its desirable location and pristine condition—exactly what tenants are looking for. Always easy to rent✅ The current owner values both quality tenants and no vacancies. Most leases run into mid-2026. All buildings well-cared for and maintained with a striking pride of ownership. ✅ The 6-building breakdown is as follows: 4529 Pulaski (14 units—2022 ground-up new construction--Tax Abatement thru 2031)—$2,550,000✅ 4637 Germantown (9 units—2024 ground up new construction-Tax Abatement thru 2035)—$1,635,000✅ These two buildings are a few blocks apart and are also available as a solid 23-unit mini package at $4,185,000. Superb location in burgeoning Wayne Junction-walkable to Attic Brewing, Deke's etc. Transit hub and Right off the Roosevelt Extension (US1)✅ 1148 & 1150 S 15th (6 units being sold together; both 2014 new construction)—$1,400,000✅ 1149 S 15th (3 units—available individually or with 1148-1150; 2008 total rehab)—$625,000✅ 1149 is directly across the street. All nine 15th Street units available for $2,025,000 A+ location at 15th & Ellsworth. 94 WalkScore. One block to Broad Street Subway. Two blocks to Giant, Sprouts, Target, Starbucks, PetSmart, and a lot more. Easy walk to East Passyunk, Italian Market, and Center City✅ 5027 Spruce Street (5 units—2017 ground up new construction—Tax abatement thru 2026)—$925,000. Lovely University City block. Walk to tons of restaurants and shops; Penn, HUP, CHOP, and Drexel; great SEPTA access. ✅ Excellent numbers—the entire package offers a 6.92% cap rate. OFFERING MEMORANDUM available upon request. Includes individual building rents, terms, expenses, NOIs, cap rates, and other information. ✅ Two additional Development Opportunities are also available for purchase: 5037 Wissahickon—Zoning approval for 18 residential units and one commercial space—$625,000✅ 4633 Germantown—Vacant lot with potential to also acquire city owned corner lot next door—$50,000. Note that the 4633 Germantown vacant lot goes street to street and has a clear encroachment built onto the rear portion. ✅ Contact Listing Agent for Offering Memorandum. OM includes bed/bath breakdown.

Listing Agent

  1. Jeff City Block

    Jeff City Block

    Listing Agent

    Compass

    jeff.block@compass.com

    P: (215)-833-7088

Property Details for 1149 South 15th Street

Tax ID Number
365036500
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Other
Levels/Stories
Three or More (3+)
Waterfront
No
Garage
No
Expected On Market Date
09-15-2025
LISTING UPDATED: 12/10/2025 10:06 PM

Property Details for 1149 South 15th Street

StatusClosed
MLS #PAPH2524324
Days on Market45
Taxes$8,618 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1925
Lot Size0.04 AC / 1,700 SF
CountyPhiladelphia County

Location

Sold By Liberty Real Estate

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Building Information for 1149 South 15th Street

Stories-Residences3Year Built1925Building Size-Lot Size0.04 AC / 1,700 SF

Payment Calculator

$3,609 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,891

Property Taxes

$718

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1149 South 15th Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19145 (19145)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Senior Community: No
  • Type of Condo
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $615,700
  • Year Assessed: 2025
  • Improvement Assessed Value: $492,560
  • Clean Green Assessed: No
  • Land Use Code: U50
  • Zoning: RSA5
  • Tax Lot: 134
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Finished SQFT: 1000
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: Has access to the patio and the full unfinished basement.
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Finished SQFT: 500
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Finished SQFT: 1100
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 2
Financial Information
Financial Information
  • Gross Income: $54,900
  • Net Operating Income: $39,778
  • Cap Rate: 6.36
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 1,886.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 17.00 x 100.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Rear Yard
  • Parcel ID: 1122496
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
  • Laundry Type: Washer In Unit, Dryer In Unit
Exterior Features
Exterior Features
  • Outdoor Living Structures: Patio(s)
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS
  • List Agent URL: www.cityblockteam.com

Property History for 1149 South 15th Street

DateEvent & SourcePriceAppreciation
Dec 10, 2025

Closed

BRIGHT #PAPH2524324

$585,000
Oct 27, 2025

Pending

BRIGHT #PAPH2524324

Sep 15, 2025

Listed (Active)

BRIGHT #PAPH2524324

$625,000
Sep 26, 2006

Closed (Public Record)

Public Record #240340382

$90,000

+312.0% / yr

Feb 8, 2004

Closed (Public Record)

Public Record #239702382

$2,169
DateEvent & SourcePrice
12/10/2025

Closed

BRIGHT #PAPH2524324

$585,000
10/27/2025

Pending

BRIGHT #PAPH2524324

09/15/2025

Listed (Active)

BRIGHT #PAPH2524324

$625,000
09/26/2006

Closed (Public Record)

Public Record #240340382

$90,000

+312.0% / yr

02/08/2004

Closed (Public Record)

Public Record #239702382

$2,169

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1149 South 15th Street

Taxable ValueLand$123,140Additions$492,560Total$615,700
Tax Record2025$8,619 ($718 / month)
Home Facts
Total Finished SqFt1,886 SqFtAbove Grade Finished SqFt1,886 SqFtStories1Lot Size1,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningRSA5CountyPHILADELPHIAAPN36-5-0365-00

Schools near 1149 South 15th Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Edwin M Stanton School
PublicPK to 8

South Philadelphia High School
Public9 to 12

Creative And Performing Arts
Public9 to 12

Academy At Palumbo
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.