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1324 Locust St
For Sale $100,000 ($313.48 per Sq Ft)
$100,000 ($313.48 per Sq Ft)
- Unknown Bedrooms
- 1 Bathrooms
- 319 Sq Ft
- Unknown Sq Ft
Description
Investment Opportunity – 1324 Locust St #1422 | The Arts Condominium | Center City Philadelphia
Add a turnkey, low-maintenance asset to your portfolio in the beautifully renovated Arts Condominium, ideally positioned on Philadelphia’s iconic Avenue of the Arts. This well-maintained studio condo offers strong rental appeal for medical, university, and Center City professionals seeking convenience, security, and all-in living.
Current income profile: the unit is newly occupied with rent at $980/month + $120 utilities = $1,100/month total collected.
Investors will appreciate one of the building’s biggest value drivers: the monthly condo fee includes all utilities and core services, covering electric, gas, water, sewer, heat, A/C, DirectTV, trash removal, pest control, fitness center access, and common area maintenance—simplifying monthly budgeting and enhancing tenant retention.
Inside, the unit features high ceilings, abundant natural light, and sweeping skyline and river views, a combination that consistently performs well in the rental market.
Full-service building amenities support long-term desirability and hands-off ownership, including a newly remodeled Art Deco grand lobby, 24-hour concierge, controlled access, fitness center, laundry facilities, new elevators, and professional on-site management.
Location is the demand engine. The condo sits steps from major employment and education hubs including Jefferson Hospital, Pennsylvania Hospital, Thomas Jefferson University, and the city’s arts and entertainment anchors like the Kimmel Center, Merriam Theater, and the Academy of Music, plus quick access to Rittenhouse Square, dining, shopping, and multiple public transit options.
Whether you’re targeting stable occupancy, a Center City rental, or a plug-and-play holding, Unit #1422 offers an efficient path to owning in one of Philadelphia’s most recognizable buildings. Schedule a private showing today.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $100,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 319 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1900 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| Association Name: | THE ARTS CONDOMINIUM |
| Association Amenities: | Bar/Lounge,Elevator,Exercise Room,Fitness Center,Laundry Facilities,Meeting Room, High Speed Internet,Electricity,Health Club,Heat,Common Area Maintenance,Trash,Sewer,Water |
| APN # | 888115872 |
| MLS # | PAPH2541758 |
| Property ID | 322216536 |
| Lot Sqft | Unknown |
| Zoning | CMX5 |
| Days on Market | 85 |
| Original List Price | Unknown |
| Applicances | Cooktop,Refrigerator% |
| Date Updated | December 12, 2025 |
| Date Created | September 28, 2025 |
Listing Provided By
William B Spinner an agent of Real of Pennsylvania.
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Data last updated: December 22, 2025.
Contact Agent
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Showing Agent
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- 30 mins
- America/Phoenix
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Robert Crawford
REAL ESTATE AGENT