Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
2,697 sqft

$439,900

1232 N 15TH STREET, PHILADELPHIA PA, 19121

Price per sqft$163.11
Built in1915
Property size2,697 sqft
Property typeMulti-family

Overview

Active

Active-bright

Listed Sep 8, 2026

Updated 6 days ago

•Welcome to 1232 N 15th St, a spacious and versatile duplex offering an excellent opportunity for investors and house hackers in a centrally located Philadelphia neighborhood. With two generously sized bi-level units, updated finishes, and a flexible layout, this property offers both immediate rental income and significant potential for a new owner. •The upper bi-level unit features 5 bedrooms and 2 full bathrooms and has been recently renovated with new flooring and new bathrooms. The spacious unit is currently leased for $1910 per month ($1850 + $60 water), providing immediate rental income on day one. •The lower bi-level unit features 2 bedrooms and 1 full bathroom on the main floor, along with a large finished basement offering additional living, recreation, or storage space. This unit is currently vacant, providing a new owner with the flexibility to lease it to a new tenant, or potentially occupy the unit and use it as part of a house-hacking strategy. •With 7 bedrooms across the two units, the property offers an attractive combination of space and income potential. An investor can lease both units, while an owner occupant can live in the lower unit and use the rental income from the upper unit to help offset their housing costs. •Adding to the investment appeal, the property has an assumable VA loan with a 5.75% interest rate, offering a potentially attractive financing opportunity for a qualified buyer. Buyers should consult with their lender regarding eligibility and assumption requirements. •The location is another major asset. Situated near Temple University, the property is well positioned for access to the university and its surrounding amenities. It's also conveniently located near the popular Fairmount and Brewerytown neighborhoods, offering easy access to an expanding selection of restaurants, cafés, breweries, bars, parks, entertainment, and neighborhood businesses. Public transportation and major roadways provide convenient connections throughout Philadelphia. •Whether you're an investor looking to add a multi-unit property to your portfolio or a buyer seeking to house hack and build equity, 1232 N 15th St offers an uncommon combination of 7 bedrooms, two bi-level units, a finished basement, existing rental income, and an assumable 5.75% VA loan in a location surrounded by some of Philadelphia's most active neighborhoods.

$2,927/mo

Est. mortgage payment based on a $439,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PAPH2662784

Interior Features

Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.02 Acres

Other Property Details

Taxes
$4,727
Tax Frequency
Annually
MLS provider logo

Listed by Compass Pennsylvania, LLC
Listing Contact: 2677684404 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 10/2/2026 at 12:35 AM UTC

 

Powered by Luxury Presence