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5 Beds
4 Baths
2,850 sqft

$515,900

1328 S 31ST STREET, PHILADELPHIA PA, 19146

Price per sqft$181.02
Built in2024
Property size2,850 sqft
Property typeTownhomes

Overview

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Listed Oct 17, 2026

Updated 1h ago

TURNKEY LUXURY WITH 8 YEARS OF TAX ABATEMENT REMAINING! Welcome to 1328 S 31st St—a sprawling, flawless 5-bedroom, 4-bathroom townhome offering over 2,850 sq ft of premium living space in the rapidly developing Grays Ferry neighborhood. Fully built from the ground up in 2024 and freshly repainted from top to bottom, this property is in pristine, immediate move-in condition. Whether you are an owner-occupant looking for a massive, multi-level residence or an investor seeking a high-yield, low-maintenance asset (perfect for a highly profitable multi-tenant setup!), this property delivers unmatched value. THE FINANCIAL ADVANTAGE: Lock in drastically lower monthly payments and massive ROI. This home boasts an active, city-approved Tax Abatement with approximately 8 years remaining, shielding over $240,000 of the building's value from property taxes. THE MAIN LEVEL: Step into a sun-drenched, open-concept first floor featuring gleaming hardwood floors, recessed lighting, and a spacious living and dining area. The beautifully appointed eat-in kitchen is an entertainer’s dream, complete with ample soft-close cabinetry, a large center island, a breakfast bar, and stainless steel appliances. Just beyond the kitchen is the first of four outdoor spaces: a private rear patio perfect for summer BBQs and firepit nights. THE UPPER LEVELS: The second floor offers two generously sized, well-lit bedrooms, a custom-tiled hall bathroom, and a convenient dedicated laundry area. Ascend to the third floor to find your private primary suite oasis, alongside an additional bedroom and two full bathrooms, with select bedrooms featuring their own attached private balconies. THE ROOF DECK: The crown jewel of this home is the massive private roof deck. Offering breathtaking, unobstructed views of the Philadelphia skyline, the deck comes fully equipped with hardwired water and electric lines—making rooftop entertaining, lighting, and cleaning an absolute breeze. THE FINISHED BASEMENT: The fully finished lower level maximizes the home's footprint, featuring the 5th bedroom, a 4th custom full bathroom, and extensive storage space. This separate living area is highly versatile, perfect for a guest suite, home gym, home office, or maximizing rental income. PREMIUM UPGRADES: Built with quality and safety in mind, the home features energy-efficient windows that flood the space with natural light, a modern fire-sprinkler system, hardwired smoke/carbon monoxide detectors, and low-VOC paint throughout. This is a rare opportunity to secure a zero-headache, turnkey asset in one of South Philadelphia's most strategic pockets. With the heavy lifting done and the tax abatement secured, this one will not last.

$3,432/mo

Est. mortgage payment based on a $515,900 home price.

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

Additional information

MLS® ID
PAPH2681908

Interior Features

Bedrooms
5
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.02 Acres

Other Property Details

Taxes
$2,454
Tax Frequency
Annually
New Construction
Yes
55+/Senior Community
No
MLS provider logo

Listed by Keller Williams Real Estate -Exton
Listing Contact: 2159207284 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/18/2026. 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 10/18/2026 at 1:20 PM UTC

 

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