1230 S 2nd St

Philadelphia, PA 19147

$1,300,000
Price
2
Beds
1
Bath
1,728 Sq. Ft.
$752 / Sq. Ft.
1,728
Sq. Ft.
$752
per Sq. Ft.
Get preapproved with Rocket Mortgage1

Description

"property is sold as a package. LIST PRICE REFLECTS SALE OF 1228 S 2ND 1230 S 2ND AND PHILIP ST"
Presenting the opportunity to acquire the fee simple interest in 1228-30 South 2nd Street and 1231 S. Philip Street, a boutique 7-unit multifamily property located in the heart of Pennsport, an attractive and rapidly gentrifying residential neighborhood in South Philadelphia. The Property offers investors an attractive entry point into a strong neighborhood known for low vacancy, strong demographics, and..."property is sold as a package. LIST PRICE REFLECTS SALE OF 1228 S 2ND 1230 S 2ND AND PHILIP ST"

Presenting the opportunity to acquire the fee simple interest in 1228-30 South 2nd Street and 1231 S. Philip Street, a boutique 7-unit multifamily property located in the heart of Pennsport, an attractive and rapidly gentrifying residential neighborhood in South Philadelphia. The Property offers investors an attractive entry point into a strong neighborhood known for low vacancy, strong demographics, and sustained rental demand. The Property features a well-balanced mix of (5) two-bedroom/one-bath rental units and (2) one-bedroom/one-bath rental units, with an average monthly in-place rent of $1,551. The layouts cater to a diverse renter base, including young professionals, couples, and small families. In-place rents range from $1,400 to $1,700 for the one-bedroom units and $1,440 to $1,700 for the two-bedroom units, providing measurable room for repositioning or incremental increases through turnover. As a turnkey multifamily asset in a quality location, 1228-30 South 2nd Street and 1231 S. Philip Street presents a compelling opportunity for investors seeking rental upside, high tenant demand, and future appreciation driven by a neighborhood that has benefited from Philadelphia’s development boom.
  1. Listed by Moshe Adika • TCS Management, LLC
    P: (267)-210-3080 moshe@tcsmgt.com
  2. Listed by Alex C Prince • TCS Management, LLC
    P: (215)-431-5652 alex@tcsmgt.com

Property Details for 1230 South 2nd Street

Tax ID Number
021384110
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Other
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Total Parking Spaces
0
LISTING UPDATED: 05/13/2026 03:32 PM

Property Details for 1230 South 2nd Street

StatusActive
MLS #PAPH2575468
Days on Market121
Taxes$4,640 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.02 AC / 977 SF
CountyPhiladelphia County
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Location

Listing Courtesy of TCS Management, LLC
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Building Information for 1230 South 2nd Street

Stories-Residences2Year Built1915Building Size-Lot Size0.02 AC / 977 SF

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$6,865 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,478

Property Taxes

$387

HOA Dues

$0

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Property Information for 1230 South 2nd Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19147 (19147)
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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $331,500
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $265,200
  • City Town Tax: $2,041
  • Land Assessed Value: $66,300
  • Clean Green Assessed: No
  • Land Use Code: W30
  • Zoning: RSA5
  • Tax Lot: 426
  • School Tax: $2,598
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 1,728.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: National Association of REALTORS

Property History for 1230 South 2nd Street

DateEvent & SourcePriceAppreciation
May 13, 2026

Listed (Active)

BRIGHT #PAPH2575468

—
May 4, 2026

Active Under Contract

BRIGHT #PAPH2575468

—
Apr 9, 2026

Expired

BRIGHT #PAPH2468388

—
DateEvent & SourcePrice
05/13/2026

Listed (Active)

BRIGHT #PAPH2575468

—
05/04/2026

Active Under Contract

BRIGHT #PAPH2575468

—
04/09/2026

Expired

BRIGHT #PAPH2468388

—

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

Public Records for 1230 South 2nd Street

Taxable ValueLand$66,300Additions$265,200Total$331,500
Tax Record2025$4,640 ($387 / month)
Home Facts
Total Finished SqFt1,728 SqFtAbove Grade Finished SqFt1,728 SqFtStories2Lot Size977 SqFtStyleMulti-Family Dwelling (2-4)Year Built1915ZoningRSA5CountyPHILADELPHIAAPN02-1-3841-10

Schools near 1230 South 2nd Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Vare-Washington Elementary School
Public - PK to 8
Furness Horace High School
Public - 9 to 12
Academy At Palumbo
Public - 9 to 12
Creative And Performing Arts High School
Public - 9 to 12
Rating
School
Distance
Vare-Washington Elementary School
PublicPK to 8

Furness Horace High School
Public9 to 12

Academy At Palumbo
Public9 to 12

Creative And Performing Arts High School
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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More information about 1230 South 2nd Street, Philadelphia, PA 19147

1230 South 2nd Street is a multi-family home for sale in Philadelphia, PA 19147. This property was listed for sale on January 16, 2026 by TCS Management, LLC, it's currently listed at $1,300,000. This listing's school district is The School District of Philadelphia. Nearby schools include Vare-Washington Elementary School, Furness Horace High School and Academy At Palumbo. 1230 South 2nd Street is a 2-bed, 1-bath, 1,728 sqft multi-family home built in 1915.

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.

Listing Courtesy of TCS Management, LLC

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.