1540 South St

$845,000
Price
Beds
Baths
2,920 Sq. Ft.
$289 / Sq. Ft.
2,920
Sq. Ft.
$289
per Sq. Ft.

Description

Rarely offered, this 4-story brick-front building includes more than 2,900 sq. ft. of above-ground living and commercial/retail space, situated on one of the most desirable blocks of South Street. 1540 South St. offers a store on the main/street level, a 1-bedroom apartment on the second floor, and a bi-level 2-bedroom apartment on the third and fourth floors. The second-floor apartment has its own private balcony at the rear, and the bi-level apartment features a private deck. The store and both...Rarely offered, this 4-story brick-front building includes more than 2,900 sq. ft. of above-ground living and commercial/retail space, situated on one of the most desirable blocks of South Street. 1540 South St. offers a store on the main/street level, a 1-bedroom apartment on the second floor, and a bi-level 2-bedroom apartment on the third and fourth floors. The second-floor apartment has its own private balcony at the rear, and the bi-level apartment features a private deck. The store and both apartments are equipped with central air conditioning. The entire property is occupied by long-term tenants.

Note that the store has a private entrance, separate from the apartments. Even better, the store boasts a large bay window, ideal for display on the high-traffic 15th block of South Street. The store also offers high ceilings, a private office area, a powder room, and a small backyard. The property has a full basement, accessible from both the store and the street through Bilco doors.

The second-floor 1-bedroom apartment is bright, boasts hardwood floors, and includes a private balcony at the rear. The top bi-level 2-bedroom apartment is modern, bright, and boasts a skylight, hardwood floors, and a large private deck. Note that the roof, where some mechanicals are located, can be accessed via a pull-down stair.

This unique property was custom rehabbed in the 1980s by an architect who ensured that every part of the property receives ample daylight. This feature is even felt in the main staircase, which accesses the apartments and charms with an exposed brick wall. Even better, the property offers a generous amount of storage space in each unit.

Own a one-of-a-kind 4-story building right next to the historic Royal Theatre, surrounded by numerous restaurants, shops, and everything that Rittenhouse Square, Graduate Hospital, and Broad Street have to offer. Learn more about 1540 South St. today.

Property Details for 1540 South Street

Tax ID Number
871134800
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Subdivision
Graduate Hospital
Municipality
PHILADELPHIA
LISTING UPDATED: 08/12/2025 07:07 PM

Property Details for 1540 South Street

StatusActive
MLS #PAPH2454866
Days on Market271
Taxes$10,156 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.02 AC / 1,088 SF
CountyPhiladelphia County
Buyer's Agent Compensation2.5%
Compensation RemarksBuyer Broker Compensation

Location

Listing Courtesy of: .

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Building Information for 1540 South Street

Stories-Residences3Year Built1915Building Size-Lot Size0.02 AC / 1,088 SF

Payment Calculator

$5,022 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,175

Property Taxes

$846

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1540 South Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19146 (19146)
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: $725,600
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $580,480
  • City Town Tax: $4,468
  • Land Assessed Value: $145,120
  • Clean Green Assessed: No
  • Land Use Code: Y70
  • Zoning: CMX2
  • Tax Lot: 319
  • School Tax: $5,687
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,920.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 16.00 x 68.00
  • Lot Dimensions Source: Estimated
  • Parcel ID: 1059653
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating Fuel: Natural Gas, Electric
  • Hot Water: Natural Gas, Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 1540 South Street

DateEvent & SourcePriceAppreciation
Mar 9, 2025

Listed (Active)

BRIGHT #PAPH2454866

$845,000
Nov 30, 2015

Closed (Public Record)

Public Record #563062812

$675,000
Nov 30, 2015

Closed

BRIGHT #1002725298

$675,000
Oct 31, 2015

Pending

BRIGHT #1002725298

Oct 23, 2015

Listed (Active)

BRIGHT #1002725298

$585,000
DateEvent & SourcePrice
03/09/2025

Listed (Active)

BRIGHT #PAPH2454866

$845,000
11/30/2015

Closed (Public Record)

Public Record #563062812

$675,000
11/30/2015

Closed

BRIGHT #1002725298

$675,000
10/31/2015

Pending

BRIGHT #1002725298

10/23/2015

Listed (Active)

BRIGHT #1002725298

$585,000

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

Public Records for 1540 South Street

Taxable ValueLand$163,080Additions$652,320Total$815,400
Tax Record2024$11,414 ($951 / month)
Home Facts
Total Finished SqFt2,920 SqFtAbove Grade Finished SqFt2,920 SqFtStories4Lot Size1,088 SqFtStyleOffice BuildingYear Built1915ZoningCMX2CountyPHILADELPHIAAPN87-1-1348-00

Schools near 1540 South Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 12
Public - 6 to 8
Rating
School
Distance
Greenfield Albert M School
PublicK to 8

Franklin Benjamin High School
Public9 to 12

Widener Memorial School
PublicK to 12

Middle Years Alternative School
Public6 to 8

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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1540 South Street is a mixed use property for sale in Philadelphia, PA 19146. This property was listed for sale on March 9, 2025 by Compass, it's currently listed at $845,000. It has been on the market for a total of 271 days and was last sold on November 30, 2015. This listing's school district is The School District of Philadelphia. Nearby schools include Greenfield Albert M School, Franklin Benjamin High School and Widener Memorial School. 1540 South Street is a 0-bed, 0-bath, 2,920 sqft mixed use property 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 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.