2323 Mifflin Street
Philadelphia, PA 19145
- – beds
- – baths
- 2,632 sqft
- 1,612 sqft lot
- $151 per sqft
- 1920 build
Interior Photos, Floor Plan, and Virtual Tour will be published at the end of this week! Completely Renovated in 2022, this 3-unit mixed-use property generates significant cash flow, complete with almost 9 Years Remaining of TAX ABATEMENT running through 12/31/33. For additional information, please inquire for the Marketing Packet! The property sits on an impressive lot with street frontage of over 72 feet along Passyunk Ave and 41 feet along Mifflin St. The large, uniquely shaped lot allows for exceptional layouts for both the commercial and apartment units. Located in one of the most desirable neighborhoods in the city, nestled between Point Breeze and West Passyunk, this area is poised for major appreciation. The location is fantastic, offering incredible potential for long-term growth. The property is fully occupied with excellent tenants, featuring a highly functional unit mix. Unit 1 is a large commercial space currently leased by Z&M Social Events, a business specializing in baby showers, birthday parties, and religious gatherings. The space also includes a large basement, perfect for all storage needs. Units 2 and 3 are well-designed 1-bedroom, 1-bathroom apartments, each equipped with central air. The price, size, and condition of the property attract high-quality tenants from various backgrounds, making it an ideal investment. This property also presents an excellent opportunity for business owners, as the commercial space has recently received a Certificate of Occupancy (CO) allowing it to be used as a daycare or for a variety of other uses under the CMX-2 zoning. With great cash flow and tremendous upside, this property is a perfect purchase for both investors and business owners seeking a prime location. Contact us to discuss the numbers — don’t wait — this opportunity won’t last long!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Mar 31, 2025
•
MLS# PAPH2463154 —
The Building
-
Year Built:1920
-
Year Built Source:Assessor
-
Year Major Reno/Remodel:2022
-
New Construction:No
-
Construction Materials:Masonry
-
Building Units Total:3
-
Structure Type:End of Row/Townhouse
-
Architectural Style:Traditional
-
Accessibility Features:None
-
Foundation Details:Other
-
Total SqFt Source:Estimated
-
Total Below Grade SqFt:1300
-
Total Below Grade SqFt Source:Estimated
-
Tax Total Finished SqFt:2632
Interior
-
Interior Features:Floor Plan - Open, Kitchen - Island, Recessed Lighting, Sprinkler System, Upgraded Countertops
-
Fireplace:No
-
Wall & Ceilings:High
-
Living Area SqFt Source:Estimated
Room Dimensions
-
Total SqFt:3932
-
Living Area SqFt:2,632 Sqft
Financial & Terms
-
Sale Type:Standard
-
Acceptable Financing:Cash, Conventional, Negotiable
-
Possession:Negotiable
Location
-
Directions:The property is at the corner of Mifflin Street and Point Breeze Avenue.
-
Cross Street:Passyunk Avenue
-
Latitude:39.92894363
-
Longitude:-75.18457031
The Property
-
Property Type:Multi-Family
-
Property Subtype:Triplex
-
Property Condition:Excellent
-
Lot Size Units:Square Feet
-
Lot Size Acres:0.04
-
Lot Size Source:Assessor
-
Lot Size Dimensions:41.51 X 72.57 X 8.06 X 65.00
-
Lot Dimensions Source:Estimated
-
Lot Features:Corner
-
Lot SqFt:1,612 Sqft
-
Exclusions:All Tenants Belongings including and Clothes Washer/Dryer units.
-
Zoning Description:1 Commercial Space and 2 Apartments.
-
Zoning:CMX2
-
Other Structures:Above Grade, Below Grade
-
Waterview:No
-
Waterfront:No
-
Water Oriented:No
-
Water Access:No
-
Navigable Water:No
-
Tidal Water:No
-
Land Use Code:BB0
-
Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (484) 948-5872
- Office phone:
- (610) 792-5900
Taxes
-
Tax ID Number:882006830
-
Tax Year:2024
-
Tax Lot:217
-
Tax Annual Amount:$3,638
-
Tax Assessed Value:$259,900
-
Year Assessed:2024
-
School Tax:2037.0
-
City/Town Tax:1600.00
-
Total Taxes Payment Frequency:Annually
Heating & Cooling
-
Cooling Type:Central A/C
-
Central Air:Yes
-
Cooling Fuel:Electric
-
Heating:Yes
-
Heating Type:Forced Air
-
Heating Fuel:Other
Utilities
-
Sewer/Septic:Public Sewer
-
Electric Service:220 Volts
-
Hot Water:Other
-
Water Source:Public
Appliances
-
Appliances:Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances
Schools
-
School District Name:Philadelphia City
-
School District Source:Listing Agent
The Community
-
Pool:No Pool
-
Transportation:Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Commuter Rail Station 1 to 5 miles
Parking
-
Garage:No
-
Type of Parking:On Street
Extra Units
-
Other Units:Unit 1,Unit 2,Unit 3
-
Vacation Rental:No
-
Units Furnished:None
-
Single Room Units:1
-
One Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/31/25
Mar 31, 2025
|
Listed / Active | BRIGHT | $400,000 |