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Back 1540 South Street
Off Market

1540 South Street

Philadelphia PA 19146

3
2920 sq. ft.
1088 sq. ft.
Duplex
Last sold for $795,000
Tony SalloumTony Salloum, last sold this property on 10 June 2026 after 457 days on market.

Overview

Step into a unique opportunity on vibrant South Street. This expansive, grandfathered four-story brick-front building offers over 2,900 square feet of combined residential and commercial space in one of the city’s most sought-after locations, bordering Rittenhouse Square and Graduate Hospital. Fully tenant-occupied, the mixed-use property includes a ground-floor retail space, a second-floor one-bedroom apartment, and a spacious bi-level two-bedroom apartment spanning the third and fourth floors. The storefront features its own private entrance, separate from the residential units, and enjoys prime positioning along South Street. A large bay window provides excellent visibility and display potential, while the interior boasts high ceilings, a private office, a powder room, and access to a small rear yard. A full basement, accessible from both the store and the street via Bilco doors, adds valuable storage and functionality. Above, the residential units are bright and thoughtfully designed. The second-floor one-bedroom apartment includes hardwood floors and a private rear balcony. The upper bi-level unit offers a more expansive layout with two bedrooms, hardwood flooring, skylight, and access to a large private deck. Both apartments, along with the retail space, are equipped with separate central air conditioning systems that are only a few years old. Originally custom-rehabbed in the 1980s by an architect, the property was designed to maximize natural light throughout. This attention to detail is evident even in the shared staircase, where exposed brick and abundant natural light create a warm, inviting transition between levels. Each unit also includes additional storage space for added convenience. Located just steps from the historic Royal Theatre and surrounded by an eclectic mix of restaurants, shops, theaters, and neighborhood amenities, this one-of-a-kind property offers immediate access to Rittenhouse Square, Graduate Hospital, and Broad Street.

Features

3 bedrooms
2920 sq. ft. floor area
1088 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar 3 bedroom duplexes sold in Philadelphia over the last 12 months, the estimated median property value of 1540 South Street is $577k.

Median value
$577k
Estimated value range
$225k - $921k
Median days on market
47
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Philadelphia. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1540 South Street

2026
Sold
$795,000
10 Jun 2026 by Tony Salloum, of Compass RE

Happy sellers in Philadelphia

100%
100% of sellers in Philadelphia reported that their sale price either exceeded or met their price expectations.

Philadelphia stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Philadelphia over the last 12 months.

Local market activity for 3 bedroom duplexes in Philadelphia

In the last 12 months, 7 three-bedroom duplexes similar to 1540 South Street, have been sold.

This represents a 34% increase in three-bedroom duplexes sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Philadelphia

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Reid Rosenthal

Sellers who recommend Reid Rosenthal have praised them for being local expert, responsive, well-prepared, strategic, supportive, clear communication, and great negotiation

  •   5   (49 reviews)
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  •  9 Sales in Philadelphia
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Martin Rodriguez

Martin Rodriguez is an award winning recommended agent for Philadelphia.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (42 reviews)
  •  2 Reviews in Philadelphia
  •  1 Sale in Philadelphia
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Patty Dunn

Patty Dunn is a recommended agent for Philadelphia.  They have collected 2 local reviews across the last 12 months.

  •   5   (4 reviews)
  •  2 Reviews in Philadelphia
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Marc Hammarberg

Marc Hammarberg is a recommended agent for Philadelphia.  They have 7 local sales and collected 1 local review across the last 12 months.

  •   5   (11 reviews)
  •  1 Review in Philadelphia
  •  7 Sales in Philadelphia
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