Listed price in listed location currency (USD).
$1,250,000

430

MLS® PAPH2645586

  • Key Facts
  • Description
  • Map

Key Facts

Type Townhouse
Levels Residential
Size 3493 sqft
Garage 
Taxes $22,228
Days Active 0
Lot Size 0.04 Acres
Approx. Age 1850
Avg. Price Per Sqft $357
MLS® Number PAPH2645586

Property Address: 229 Race St, PHILADELPHIA, PA, 19106-1909

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional INCOME-PRODUCING multi-family opportunity in the heart of historic OLD CITY. This BEAUTIFULLY RESTORED FOUR-STORY DUPLEX features two spacious residences under one roof and generates over $80, 000 in annual rental income, making it an outstanding investment or future owner-occupant opportunity. Rich in historic character, the property showcases exposed brick walls, wide-plank hardwood floors, restored original details, decorative fireplaces, custom tile work, soaring 11-foot ceilings on the second floor, and updated kitchens and baths throughout. The first-floor bi-level residence offers approximately 2, 000 square feet with a spacious open living area, custom kitchen with granite countertops and stainless steel appliances, one bedroom and full bath on the main level, a fully finished lower level with additional flex space ideal for a bedroom, office, gym or recreation room, laundry, abundant storage, and a private rear patio. The upper residence spans the second through fourth floors and features an OPEN LOFT-STYLE LAYOUT with hardwood floors, wood plank ceilings, a large eat-in kitchen, two bedrooms plus a flexible loft space, one full and a half bath, in-unit laundry, central air, generous closet space, and it’s own private fenced patio. Located in the heart of Old City. This location offers easy access to I-95, I-676, Route 76, Center City, Penn's Landing, Race Street Pier, Spruce Street Harbor Park, Jefferson, Cooper, and Pennsylvania Hospitals, acclaimed restaurants, boutiques, galleries, coffee shops, neighborhood markets, and Philadelphia's most iconic historic landmarks. A rare opportunity to own a TURNKEY INVESTMENT property in one of the city's most desirable and consistently high-demand neighborhoods.
MLS® NumberPAPH2645586
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1850
BasementFull, Fully Finished
DrivewayNone
Garage Spaces
HeatHot Water, Natural Gas
A/CCentral A/C, Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 8, 2026List Date
$1,250,000List Price

Home Appraisal

This property is estimated to sell between: $754,000 and $1,498,000.
Similar properties in this area sold on average for: $754,730
Expected to sell in 91 days. Similar properties sold in 91 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
229 Race St, Philadelphia, PA

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