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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.

Source: BRIGHT MLS, MLS#: PAPH2553058

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  • Property Type
    Residential Income
  • Lot
    0.03 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2318 S BROAD STREET


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/1/2026Source: BRIGHT MLS Price Reduction
$775,000 -3.0%
10/27/2025Source: BRIGHT MLS Added to Database
October 27, 2025
12/3/2024Source: BRIGHT MLS Added to Database
August 13, 2021
Listing provided courtesy of Canaan Realty Investment Group- MLS# PAPH2553058MLS ProviderContact Information: [email protected] - 2153331826