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Request Info$425,000
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2308 CECIL B MOORE AVENUE Overview
- Time on Site:
- 54 days
- Visits:
- 2
LOW TAX! 2308 Cecil B. Moore Ave is a strong cash-flowing 4-unit mixed-use investment opportunity positioned along the Ridge Ave & Cecil B. Moore corridors and located within a Qualified Opportunity Zone (QOZ). The property consists of three occupied 1BR/1BA residential units above a highly visible street-level commercial space, currently vacant and for owner use or additional income potential. 2310 Cecil B Moore is also for sale. All residential units are currently rented below market with primarily month-to-month leases, offering immediate upside through lease optimization and repositioning. Strong rental demand for 1-bedroom apartments in the area continues to support stable occupancy and predictable operations, whether targeting market-rate tenants or voucher programs. The commercial storefront benefits from excellent street exposure, steady neighborhood traffic, and flexible potential uses. Pro forma projections indicate an estimated 9.5%&10% CAP rate (buyer to verify), supported by the property's efficient unit mix, rental upside, and mixed-use income potential.
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2308 CECIL B MOORE AVENUE Facts & Features
- Type Multi-Family
- Sq. ft. 2,812
- Price/Sq.ft. $151
- Lot 0.03 Acres
Details
General
Income/Expenses
- Income Includes: Apartment Rentals
- Insurance Expense: 3500.00
- Maintenance Expense: 2000.00
- Operating Expense Includes: Snow Removal,Trash
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Pool: No Pool
- Total SQFT: 3712
- Year Built: 1920
Location/Region
- Country: US
- County: PHILADELPHIA
- County Or Parish: PHILADELPHIA
- MLS Area Major: 19121 (19121)
- Subdivision Name: SHARSWOOD
Parking Information
- Type of Parking: On Street
Tax Information
- City/Town Tax: 1295.00
- City/Town Tax Payment Frequency: Annually
- County Tax Payment Frequency: Annually
- School Tax: 1648.00
- Tax Annual Amount: $2,943.00
- Tax Assessed Value: 210300.00
- Tax Year: 2025
General Information
- Historic: No
- Municipal Trash: Yes
- Property Condition: Good
- Property Sub Type: Triplex
- Property Type: Multi-Family
- School District Name: PHILADELPHIA CITY
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2026
- Zoning: CMX2
Unit Information
- Other Units: Unit 1,Unit 2,Unit 4,Unit 3
Interior
Building Information
- Building Winterized: No
- Cooling Fuel: Electric
- Heating Fuel: Electric
Parking Information
- Garage: No
Building Exterior/Construction
- Structure Type: Interior Row/Townhouse
- Wall & Ceiling Types: Brick
Building Interior
- Above Grade Finished Area: 2812
- Above Grade Finished Area Source: Assessor
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area: 0
- Below Grade Finished Area Source: Assessor
- Below Grade Finished Area Units: Square Feet
- Central Air: No
- Hot Water: Electric
General Information
- Accessibility Features: Level Entry - Main
- Cooling: Window Unit(s)
- Fireplace: No
- Foundation Details: Block, Brick/Mortar
- Living Area: 2812
- Living Area Source: Assessor
- Spa: No
Unit Information
- One Bedroom Units Count: 3
- Single Room Units Count: 0
- Three Bedroom Units Count: 0
- Two Bedroom Units Count: 0
Exterior
Lot Information
- Lot Dimensions Source: Assessor
- Lot Size Dimensions: 18.00 x 80.00
- Lot Size Source: Assessor
- Lot Size Square Feet: 1440.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Straight Thru
- Construction Materials: Masonry
- Roof: Flat
General Information
- Number Of Units Total: 4
- Number Of Units Vacant: 1
- Other Structures: Above Grade,Below Grade
- Sewer: Public Sewer
- Water Access: No
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 0
- Description: Retail Space + Unfinished Basement
Unit 2 Details
- Unit Type: Unit 2
- Total Rent: 800.00
- Beds Total: 1
- Description: 8+ year tenant
Unit 3 Details
- Unit Type: Unit 3
- Total Rent: 800.00
- Beds Total: 1
- Description: 3+ yr tenant
Unit 4 Details
- Unit Type: Unit 4
- Total Rent: 850.00
- Beds Total: 1
2308 CECIL B MOORE AVENUE Neighborhood
Community
19121 (PHILADELPHIA) Demographics
27
Median Age
13,508
Population Density (per sq. mile)
22%
College Educated
$25,162
Estimated Median Income
4,095
Estimated Total Home Owners
8,067
Estimated Total Renters
34% / 66%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
2308 CECIL B MOORE AVENUE Monthly Cost
2308 CECIL B MOORE AVENUE Market Data
Based on the last 30 days in this zip code
$278,030
Average List Price
$182
Average Price per Square Foot
19
Properties Sold
92
Average Days on Market
294
Properties for Sale
2308 CECIL B MOORE AVENUE History
| Date | Value | Agent |
|---|---|---|
| 5/6/2026Source: BRIGHT MLS | May 06, 2026 |
Alina Xie Listing Agent |
| 12/3/2024Source: BRIGHT MLS | August 09, 2021 |
|
| 12/3/2024Source: BRIGHT MLS | August 10, 2021 |
Listing provided courtesy of BHHS Fox & Roach Wayne-Devon- MLS# PAPH2617848
Contact Information: 6106512700
Contact Information: 6106512700