This isn't just a building; it's a stabilized, income-producing asset perfectly positioned for immediate value creation. Located in a high-demand South Philadelphia neighborhood, this two-unit duplex offers a low-risk entry point for both new and seasoned investors seeking immediate cash flow paired with significant potential for capital appreciation. The property is currently 100% occupied by long-tenured, reliable tenants on month-to-month leases. This arrangement minimizes turnover costs and vacancy risk, providing a robust income stream from day one of ownership. This stability allows the new owner to focus immediately on the property's primary value proposition: rental rate correction.
For sale
$320,000
2213 Wharton St, Philadelphia, PA 19146
3beds
--baths
1,068sqft
Est.:
Townhouse
Built in 1923
-- sqft lot
$321,000 Zestimate®
$300/sqft
$-- HOA
What's special
- 8 days |
- 280 |
- 10 |
Zillow last checked: 12 hours ago
Listing updated: December 05, 2025 at 07:08am
Listed by:
Marvin Lane 267-414-5690,
Legal Real Estate LLC 2159659700
Source: Bright MLS,MLS#: PAPH2564512
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 1,068
- Total interior livable area: 1,068 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Hallway(s)
Features
- Pool features: None
Lot
- Size: 742 Square Feet
- Dimensions: 14.00 x 53.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 361296100
- Zoning: RSA5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: Grays Ferry
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $300/sqft
- Tax assessed value: $192,400
- Annual tax amount: $2,693
- Date on market: 12/3/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: FHA,Cash,Conventional,FHA 203(b),VA Loan
- Ownership: Fee Simple
Estimated market value
$321,000
$305,000 - $337,000
$1,949/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Listed for sale | $320,000+3396.1%$300/sqft |
Source:  Bright MLS #PAPH2564512 Report a problem | ||
| 6/17/2004 | Sold | $9,153$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,693 +6.2% | $192,400 +6.2% |
| 2024 | $2,535 | $181,100 |
| 2023 | $2,535 +56% | $181,100 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,880/mo
Principal & interest
$1555
Property taxes
$213
Home insurance
$112
Climate risks
Neighborhood: Point Breeze
Nearby schools
GreatSchools rating
- 5/10Edwin M Stanton SchoolGrades: PK-8Distance: 0.6 mi
- 3/10South Philadelphia High SchoolGrades: PK,9-12Distance: 1.1 mi
Schools provided by the listing agent
- District: Philadelphia City
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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