1423 Tasker Street, Philadelphia, PA — Five-Unit Investment Opportunity Attention investors and developers! Here is your opportunity to take advantage of the energy and continued appeal of South Philadelphia. Located at 1423 Tasker Street, this five-unit building offers tremendous potential for an investor looking to renovate, reposition, and maximize the value of a multifamily property. The building needs work and updating, making it an ideal opportunity for a buyer with the vision to bring it to its full potential. South Philly is known for its vibrant neighborhood atmosphere, legendary food scene, local restaurants and bars, neighborhood coffee shops, and strong sense of community. With convenient access to public transportation and the surrounding neighborhoods, this location puts residents close to the local businesses and everyday amenities that make city living so appealing. Bring your vision and unlock the potential! With five units under one roof, 1423 Tasker Street presents an opportunity to create value through strategic improvements and thoughtful management. For the right investor willing to put in the work, the next owner could be well positioned to realize significant upside and build long-term wealth. Opportunities like this reward buyers who can recognize potential and execute a plan.
Point Breeze, located between Washington Avenue and Oregon Avenue, is a residential and artsy Philadelphia neighborhood with classic rowhouse blocks and a growing café-and-gallery scene. The neighborhood’s energy concentrates around Point Breeze Avenue near Wharton Street, where corner bars, small eateries, and storefront studios keep the sidewalks active. American Sardine Bar and Brewery ARS anchor the local food-and-drink conversation, while the nearby Marian Anderson House adds a note of Philadelphia cultural history. Brick twins and straight-row facades define many streetscapes, punctuated by pocket parks and community gardens. Broad Street’s subway stations frame the eastern edge, shaping a walk-and-transit rhythm for daily errands and nights out.
Provided by Walk Score and Local Logic
Market insights
1423 Tasker St · $795,000
DAYS ON MARKET
8 days
The average home goes pending in 147 days.
SALE-TO-LIST
93.6%
Most homes are selling 6% below list price.
LIST PRICE
$795,000
Median list price in this area is $383,474. (52% lower than this home)
PRICE DROP
0 price drops
65% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Heating & cooling
Central heating
Central air conditioning
Home design
End-of-row townhouse
Construction
Masonry construction
Concrete perimeter foundation
Utilities
Public water
Public sewer
Financial info
Four units, including four one-bedroom units and one two-bedroom unit
All five units are vacant
No rent control
Electricity and solar
View estimated energy costs and solar savings for this home
The RSA, Residential Single-Family Attached districts are primarily intended to accommodate attached and semi-detached houses on individual lots, but may be applied in areas characterized by a mix of housing types, including detached houses. The districts are also intended to provide a density transition between RSD districts and RM districts. The Zoning Code includes five RSA districts that are differentiated primarily on the basis of minimum lot area requirements.
Zone overlays
Narcotics Injection Sites Overlay District
Permitted uses
Include but are not limited to:
Assembly / meeting place
Garden center
Housing-Single unit
Fire house
Police station
Recreation-Other
Climate risks
4/10 Flood Factor
Estimated 19-29% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Philadelphia, PA • 19145
Average low and high temperatures (°F)
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40
67
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80
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69
53
57
43
43
30
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Sun exposure
64/ 100
Moderate sunlight
Sunscore
This home receives average direct sun exposure in Philadelphia. There appears to be some shading by surrounding buildings, terrain, and vegetation.
6.5 hrs
3.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1423 Tasker St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $220,000 and $1,010,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $220K to $1.0M.