1618 S Broad St

6
Baths
3,460 Sq. Ft.
$264 / Sq. Ft.
3,460
Sq. Ft.
$264
per Sq. Ft.

Description

Philly CRE Advisors proudly presents 1618 S Broad St, a recently renovated and well-maintained multifamily asset prominently positioned along the highly visible Broad Street corridor in South Philadelphia’s Newbold neighborhood, offering a compelling opportunity for investors seeking strong in-place cash flow in one of the area’s most strategically located and steadily appreciating corridors. The property consists of three well-appointed residential units featuring modern finishes, central air, in-unit...Philly CRE Advisors proudly presents 1618 S Broad St, a recently renovated and well-maintained multifamily asset prominently positioned along the highly visible Broad Street corridor in South Philadelphia’s Newbold neighborhood, offering a compelling opportunity for investors seeking strong in-place cash flow in one of the area’s most strategically located and steadily appreciating corridors. The property consists of three well-appointed residential units featuring modern finishes, central air, in-unit washer and dryer, and updated mechanical systems, providing contemporary comfort with minimal near-term capital expenditure requirements. The unit mix includes Unit 1, a 2-bedroom, 2-bathroom residence leased at $2,100 per month; Unit 2, a 2-bedroom, 2-bathroom residence leased at $2,200 per month; and Unit 3, a 3-bedroom, 2-bathroom residence leased at $2,100 per month, generating a total of $6,400 per month ($76,800 annually) in gross residential income and delivering immediate stabilized cash flow supported by strong rental fundamentals. Located steps from Methodist Hospital, the South Philadelphia Sports Complex, and the vibrant Passyunk Avenue dining and retail corridor, the property benefits from exceptional visibility, accessibility, and proximity to Broad Street transit with seamless access to Center City, positioning the asset for long-term appreciation and sustained rental demand in one of South Philadelphia’s most active and resilient submarkets.
  1. Listed by ERIC Andrew Dvotsky • BHHS Fox & Roach-Center City Walnut
    P: (267)-243-4652 edvotsky@gmail.com
  2. Listed by Jason L Rabinovich • BHHS Fox & Roach-Center City Walnut
    P: (267)-326-1272 jason@phillyhomeadvisors.com

Property Details for 1618 South Broad Street

Tax ID Number
365009800
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Contemporary
Waterfront
No
Garage
No
Subdivision
NEWBOLD
Subdivision
NEWBOLD (PHILADELPHIA PA)
LISTING UPDATED: 05/04/2026 05:10 PM

Property Details for 1618 South Broad Street

StatusActive
MLS #PAPH2587622
Days on Market78
Taxes$8,184 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.03 AC / 1,476 SF
CountyPhiladelphia County

Location

Listing Courtesy of BHHS Fox & Roach-Center City Walnut
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Building Information for 1618 South Broad Street

Stories-Residences3Year Built1915Building Size-Lot Size0.03 AC / 1,476 SF

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$5,289 per month

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Principal and Interest

$4,607

Property Taxes

$682

HOA Dues

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Property Information for 1618 South Broad Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • 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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $584,700
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $467,760
  • City Town Tax: $3,601
  • Land Assessed Value: $116,940
  • Clean Green Assessed: No
  • Land Use Code: U50
  • Zoning: RSA5
  • Tax Lot: 316
  • School Tax: $4,583
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Leased Count: 3
Multi Family
Unit 1
  • Type: Unit 1
  • Beds Total: 3
  • Full Baths Count: 2
Unit 2
  • Type: Unit 2
  • Beds Total: 2
  • Full Baths Count: 2
Unit 3
  • Type: Unit 3
  • Beds Total: 2
  • Full Baths Count: 2
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 3,460.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 18.00 x 82.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1122289
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Other
  • Heating Fuel: Electric
  • Hot Water: 60+ Gallon Tank
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 1618 South Broad Street

DateEvent & SourcePriceAppreciation
May 4, 2026

Price Change

BRIGHT #PAPH2587622

$915,000
Feb 27, 2026

Listed (Active)

BRIGHT #PAPH2587622

$950,000
Aug 1, 2025

Expired

BRIGHT #PAPH2476308

DateEvent & SourcePrice
05/04/2026

Price Change

BRIGHT #PAPH2587622

$915,000
02/27/2026

Listed (Active)

BRIGHT #PAPH2587622

$950,000
08/01/2025

Expired

BRIGHT #PAPH2476308

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

Public Records for 1618 South Broad Street

Taxable ValueLand$116,940Additions$467,760Total$584,700
Tax Record2025$8,185 ($682 / month)
Home Facts
Total Finished SqFt3,459 SqFtAbove Grade Finished SqFt3,459 SqFtStories3Lot Size1,476 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningRSA5CountyPHILADELPHIAAPN36-5-0098-00

Schools near 1618 South Broad 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
Childs George W 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.

Neighborhood Map and Transit

Similar Homes

1618 South Broad Street is a multi-family home for sale in Philadelphia, PA 19145. This property was listed for sale on February 27, 2026 by BHHS Fox & Roach-Center City Walnut, it's currently listed at $915,000. It has been on the market for a total of 78 days and was last sold on September 29, 1997. This listing's school district is The School District of Philadelphia. Nearby schools include Childs George W School, South Philadelphia High School and Creative And Performing Arts. 1618 South Broad Street is a 7-bed, 6-bath, 3,460 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 BHHS Fox & Roach-Center City Walnut

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.