229 Race St, Philadelphia, PA 19106

Philadelphia
Local realty services provided by:ERA Martin Associates
229 Race St,Philadelphia, PA 19106
$1,250,000
  • 4 Beds
  • 3 Baths
  • 3,493 sq. ft.
  • Townhouse
  • Active
Listed by: nancy l alperin
Office: maxwell realty company
MLS#:PAPH2645586
Source:BRIGHTMLS

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$357.86

About this home

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...

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Home facts

  • Year built:1850
  • Listing ID #:PAPH2645586
  • Added:11 day(s) ago
  • Updated:July 20, 2026 at 02:04 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Dining Description:Combination Dining/Living, Combination Kitchen/Dining, Dining Area
  • Kitchen Description:2nd Kitchen, Breakfast Area, Built-Ins, Combination Kitchen/Living, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting
  • Bedroom Description:Entry Level Bedroom, Walk In Closet(s)
  • Basement:Yes
  • Basement Description:Full, Fully Finished
  • Living area:3,493 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Year built:1850
  • Building area:3,493 sq. ft.
  • Lot area:0.04 Acres
  • Construction Materials:Masonry
  • Exterior Features:Balcony, Breezeway, Bump-outs, Exterior Lighting, Patio(s), Porch(es), Sidewalks, Street Lights
  • Levels:4 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$357.86
  • Tax amount:$22,228 (2025)

Features and amenities

  • Laundry features:Dryer In Unit, Has Laundry, Hookup, Washer In Unit
  • Amenities:Built-Ins, Ceiling Fan(s), Exposed Beams, Recessed Lighting

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