#PAPH2489268, Reda B Akbil, Listing office: Compass Pennsylvania, LLC
Property details
About 329 N 40th St
This is new construction done five years ago. There are 6 apartments with 20 bedrooms and 17 bathrooms. Walking distance to UPenn and Drexel. It still has close to 5 years of tax abatement. Fully furnished apartments. Fully rented each year. Great cash flow with 10% to 20% rent increase potential. Contact me for tour.
Highlights
Home typeOther
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size8,000 sqft
BasementYes
Lot size0.06 Acres
Year built2018
ParkingOn Street
MLS #PAPH2398888
Summary
- Basement: Yes
- Parking: On Street
- Architectural Style: Other
- Heating: Forced Air
- Cooling: Central Air
- List Price: $1,750,000
- Price/SqFt: $218
- Annual Tax Amount: $1,451
- Tax Year: 2023
- Directions: North 40th Street
- Year Built: 2018
- Living Area: 8,000 SqFt
- Municipality: Philadelphia
- Lot Size: 0.06 Acres
- MLS Number: PAPH2398888
- MLS Name: BRIGHT
- Office Name: Panphil Realty, LLC
- Office Phone: (215) 332-3089
- Listing Agent: Nanxing Wei
- Agent Phone: (215) 332-3089
- Agent Email: ussinobull@gmail.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/21/2025, 1:45:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $- | $1,451 |
| 2022 | $103,670 | $1,451 |
| 2021 | $- | $1,436 |
| 2020 | $1,036,700 | $14,511 |
| 2019 | $1,019,700 | $1,427 |
History based on county public records data.
Nearby schools
5
Samuel Powel Elementary School
Public District KG-4
0.4 mi
•301 N 36th St
3
Inquiry Charter School
Public Charter PK-5
1.2 mi
•1301 Belmont Ave
3
Universal Institute Charter School at Bluford
Public Charter KG-6
2.1 mi
•5801 Media St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $11,828. Most Philadelphia, PA residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
91%
<35k
7%
35k-100k
0%
100k-200k
2%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
82%
Single, No Kids
8%
Single, with Kids
8%
Married, No Kids
2%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
5%
12-17 yrs old
27%
18-34 yrs old
28%
35-64 yrs old
28%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 329 N 40th St
The listing price of 329 N 40th St property is $1,750,000.
The property 329 N 40th St is a house located in Philadelphia, Pennsylvania, 19104.
Active Listing: 329 N 40th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 329 N 40th St are: Samuel Powel Elementary School (GreatSchools Rating 5/10), Inquiry Charter School (GreatSchools Rating 3/10), Universal Institute Charter School at Bluford (GreatSchools Rating 3/10), Science Leadership Academy Middle School (GreatSchools Rating 6/10), Belmont Elementary Charter School (GreatSchools Rating 3/10), Morton McMichael School (GreatSchools Rating 3/10), Paul Robeson High School for Human Services (GreatSchools Rating 5/10), Philadelphia Learning Academy - South (GreatSchools Rating 3/10), Parkway West (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $1,451 (source: MLS/based on county public records data).
The property at 329 N 40th St has 0 bathroom.
The property 329 N 40th St is 8,000 SqFt (source: MLS/tax record).
The year of construction for 329 N 40th St is 2018.
This home is located at 329 N 40th St in Philadelphia, PA and zip code 19104 in the Powelton neighborhood. This 8,000 square foot home, which was built in 2018, sits on a 0.06 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $1,750,000.
In June 2025 in Philadelphia, PA there were 36.5% more homes for sale than in May. In June 2025 median list price was $292,873 and the average listing age was 90 days.
From Rocket Homes Real Estate and based on county public records data.