2318 S Broad St

Beds
Baths
2,814 Sq. Ft.
$275 / Sq. Ft.
2,814
Sq. Ft.
$275
per Sq. Ft.

Description

Fantastic income-producing 4-unit property located right on South Broad Street! The first-floor commercial space has been converted into a residential apartment, making this a fully residential, legal 4-unit building. Each unit features updated hardwood floors throughout, providing modern appeal and low maintenance. Rent below Market. The owner pays water and heating, with one central heater servicing the entire building. Electric meters are separated, allowing tenants to manage their own usage....Fantastic income-producing 4-unit property located right on South Broad Street! The first-floor commercial space has been converted into a residential apartment, making this a fully residential, legal 4-unit building. Each unit features updated hardwood floors throughout, providing modern appeal and low maintenance. Rent below Market. The owner pays water and heating, with one central heater servicing the entire building. Electric meters are separated, allowing tenants to manage their own usage. Additional perks include individual storage units in the basement for each tenant — a rare and valuable feature for city rentals. Located close to public transportation, major highways, and Philadelphia’s sports stadiums, this property sits in the heart of where the city celebrates — enjoy watching the parades right from Broad Street! Whether you’re a seasoned investor or new to multi-family ownership, 2318 S Broad Street offers strong rental income, steady tenant demand, and unbeatable location.
  1. Listed by Joey S. Fang • Canaan Realty Investment Group
    P: (215)-869-8636 joeyfang88@gmail.com

Property Details for 2318 South Broad Street

Tax ID Number
871122500
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Straight Thru
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Total Parking Spaces
0
LISTING UPDATED: 04/01/2026 03:45 PM

Property Details for 2318 South Broad Street

StatusActive
MLS #PAPH2553058
Days on Market180
Taxes$7,071 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1914
Lot Size0.03 AC / 1,440 SF
CountyPhiladelphia County

Location

Listing Courtesy of Canaan Realty Investment Group
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Building Information for 2318 South Broad Street

Stories-Residences4Year Built1914Building Size-Lot Size0.03 AC / 1,440 SF

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$4,492 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,903

Property Taxes

$589

HOA Dues

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Property Information for 2318 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: $505,200
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $404,160
  • City Town Tax: $3,111
  • Land Assessed Value: $101,040
  • Clean Green Assessed: No
  • Land Use Code: Y50
  • Zoning: RSA5
  • Tax Lot: 189
  • School Tax: $3,960
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 2
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Units Leased Count: 5
  • Rent Control: No
Financial Information
Financial Information
  • Annual Rental Income: $58,200
  • Existing Lease Type: Gross
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 2,814.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 18.00 x 80.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1040212
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: 36"+ wide Halls
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office

Property History for 2318 South Broad Street

DateEvent & SourcePriceAppreciation
Apr 1, 2026

Price Change

BRIGHT #PAPH2553058

$775,000
Apr 1, 2026

Listed (Active)

BRIGHT #PAPH2553058

Mar 31, 2026

Expired

BRIGHT #PAPH2553058

DateEvent & SourcePrice
04/01/2026

Price Change

BRIGHT #PAPH2553058

$775,000
04/01/2026

Listed (Active)

BRIGHT #PAPH2553058

03/31/2026

Expired

BRIGHT #PAPH2553058

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

Public Records for 2318 South Broad Street

Taxable ValueLand$101,040Additions$404,160Total$505,200
Tax Record2025$7,072 ($589 / month)
Home Facts
Total Finished SqFt2,814 SqFtAbove Grade Finished SqFt2,814 SqFtStories3Lot Size1,440 SqFtStyleOffice BuildingYear Built1914ZoningRSA5CountyPHILADELPHIAAPN87-1-1225-00

Schools near 2318 South Broad Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Girard Stephen School
PublicK to 4

Girard Academic Music Program (GAMP)
Public5 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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2318 South Broad Street is a multi-family home for sale in Philadelphia, PA 19145. This property was listed for sale on October 27, 2025 by Canaan Realty Investment Group, it's currently listed at $775,000. It has been on the market for a total of 180 days and was last sold on July 18, 2014. This listing's school district is The School District of Philadelphia. Nearby schools include Girard Stephen School, Girard Academic Music Program (GAMP) and Creative And Performing Arts. 2318 South Broad Street is a 0-bed, 0-bath, 2,814 sqft multi-family home built in 1914.

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 Canaan Realty Investment Group

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.