Philadelphia City Real Estate

Philadelphia City Real Estate

Welcome to Philadelphia City, a vibrant urban hub steeped in history and culture, where education is a cornerstone of community life. The Philadelphia School District, one of the largest and most diverse districts in the United States, serves over 200,000 students across more than 300 schools. This district is dedicated to fostering a rich learning environment that nurtures academic excellence and personal growth.

Philadelphia City is home to a variety of educational options, including traditional public schools, charter schools, and specialized programs that cater to the unique needs and interests of students. The district is committed to providing a well-rounded education, emphasizing not only core subjects like math and science but also the arts, technology, and physical education. Many schools within the district have received recognition for their innovative teaching methods and commitment to student success.

Parents and students alike will appreciate the emphasis on community involvement and support within the Philadelphia School District. With numerous partnerships with local organizations and businesses, students benefit from mentorship programs, internships, and extracurricular activities that enhance their educational experience.

Moreover, the district's commitment to equity ensures that every child, regardless of their background, has access to quality education. With a focus on improving facilities, resources, and teacher training, the Philadelphia School District is dedicated to creating a safe and inspiring environment for all learners.

Choosing to live in Philadelphia City not only immerses you in a rich cultural landscape but also places you within a dynamic educational ecosystem that prioritizes the future of its students. Explore the opportunities that await your family in this historic city!

Newest Listings in Philadelphia City

$2,999,900
Welcome to 890-892 N 42nd Street, a newer-construction 9-unit multifamily investment opportunity positioned just minutes from University City in Philadelphia’s 19104 zip code. This 2023 newer construction building has been designed around highly functional and desirable 3-bedroom, 2-bathroom residences, the property offers investors a stabilized, turnkey, low maintenance and low taxes through the Philadelphia 10 year tax abatement program and a compelling combination of substantial existing rental income, modern construction, strong tenant appeal, and a predominantly guaranteed voucher-supported rent roll. The property is 100% leased and currently generates approximately $18,701 per month and $224,412 annually in gross rental income. The current rent roll includes a combination of Section 8/voucher-supported and market-rate tenancies, providing a diversified rental structure within the building. Current rents range from approximately $1,936 to $2,200 per month, demonstrating strong existing rental performance across a consistent unit mix. The voucher component of the rent roll further differentiates the investment by providing a significant portion of rental income through established housing-assistance programs while maintaining additional market-rate exposure within the property. Each of the nine residences features a spacious 3-bedroom, 2-bathroom layout designed for comfortable modern living. Interiors include quartz countertops, stainless steel appliances, premium soft-close cabinetry, luxury vinyl flooring, recessed lighting, fully tiled bathrooms, central heating and air conditioning, in-unit washer and dryer, and generous closet space. These finishes create an attractive and durable residential product while reducing many of the immediate capital-improvement concerns associated with older Philadelphia multifamily inventory. Additional amenities include rooftop outdoor space, private and fenced outdoor areas, bicycle storage, and additional storage options, further enhancing the resident experience and supporting the property's long-term leasing appeal. The location provides convenient access to University City, Fairmount Park, Belmont Plateau, the Philadelphia Museum of Art, Center City, and major employment and educational institutions throughout the city. The property's proximity to some of Philadelphia's largest universities and employment centers creates a deep surrounding renter base while offering residents convenient access to recreation, transportation, dining, and neighborhood amenities. Whether acquiring a stabilized multifamily asset, completing a 1031 exchange, or expanding an existing Philadelphia investment portfolio, 890-892 N 42nd Street offers a rare opportunity to acquire nine modern 3-bedroom residences producing approximately $224,412 in current annual gross rental income with a significant voucher-supported tenant base, turnkey asset in a good location.

890 N 42nd St, Philadelphia

Listing courtesy of Compass Pennsylvania, LLC. Contact: 2674358015

$399,000
Welcome to 2533 S 13th Street, a well-maintained brick, purpose-built duplex in the heart of Philadelphia’s desirable Lower Moyamensing neighborhood. Featuring two spacious 2-bedroom units, separate utilities, central air in each unit, and private laundry, this property offers an excellent opportunity for both owner-occupants and investors. The first-floor unit was recently rented for $1,500 per month and has been completely remodeled. It features a large living room with hardwood floors and an updated eat-in kitchen with ceramic tile flooring and backsplash, granite countertops, and newer appliances including a built-in microwave, dishwasher, refrigerator, and gas range. Two generously sized bedrooms feature hardwood flooring, with the primary bedroom offering direct access to a private rear courtyard. The remodeled hall bathroom includes ceramic tile and a pedestal sink. The lower level provides additional living space with a family room/den, private laundry area, and ample storage. The second-floor unit is currently owner-occupied and has an estimated rental value of approximately $1,300 per month. This spacious unit features a large living room with hardwood floors, an eat-in kitchen, an in-unit washer and dryer, two generously sized bedrooms, and a ceramic tile hall bathroom. With the first floor generating $1,500 per month and the upper unit offering approximately $1,300 per month in potential rent, the property has an estimated gross rental potential of approximately $2,800 per month. This makes it an ideal house-hack opportunity—live in one unit while rental income from the other helps offset your housing expenses—or utilize the property as a full two-unit rental investment. Additional highlights include newer windows throughout, separate utilities, central air in both units, private laundry for each residence, and a desirable brick duplex configuration. Located in a prime South Philadelphia location near schools, shopping, restaurants, neighborhood amenities, and public transportation, with convenient access to East Passyunk Avenue, Broad Street, major roadways, and Center City. Whether you’re looking for a smart owner-occupied investment or a fully income-producing property, 2533 S 13th Street offers flexibility, convenience, and excellent long-term potential.

2533 S 13th St, Philadelphia

Listing courtesy of KW Empower. Contact: irene@kwempower.com

$320,000
3 Beds 2 Baths
Professional Photos coming 9/24. Open House 9/27. Welcome to 135 W. Ritner Street, a beautifully maintained brick rowhome nestled on one of South Philadelphia's most convenient blocks. This charming residence offers 3 spacious bedrooms, 1.5 baths, and a thoughtfully designed layout that blends classic Philadelphia character with modern updates. Step inside to a bright and inviting main level featuring an open living and dining area highlighted by exposed brick accents and abundant natural light. The updated kitchen boasts granite countertops, stainless steel appliances, and ample cabinet space, making it perfect for both everyday living and entertaining. Just beyond the kitchen, enjoy an oversized rear patio offering exceptional outdoor living space, including a covered section ideal for relaxing or hosting gatherings year-round. Upstairs, you'll find three comfortable bedrooms and a full bathroom, while the finished lower level provides additional storage and flexible living space. A convenient first-floor powder room adds to the home's functionality. Located in the heart of South Philadelphia, this home is just minutes from shopping, dining, neighborhood favorites, major highways, and public transportation. Whether commuting into Center City or exploring all the neighborhood has to offer, you'll appreciate the unbeatable convenience and vibrant community atmosphere. Don't miss the opportunity to own this move-in ready South Philadelphia gem!

135 W Ritner St, Philadelphia

Listing courtesy of Coldwell Banker Realty. Contact: 8566855600

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