$10,000

closing credit¹

331 State St Philadelphia, PA 19104

$1,275,000
8 beds
8 full, 1 partial
4,200 sqft
0.02 acres
$304 / sqft
Townhouse

Property details

About 331 State St

Step into this stunning newly constructed residence, complete with 7 years remaining on the tax abatement. Custom built in 2021, this architectural gem features 6 private bedroom suites, 2 versatile flex spaces, multiple outdoor areas, and an expansive open-concept first floor designed for seamless entertaining. Thoughtfully crafted to blend modern amenities with sophisticated style, this home offers strong investment returns, making it ideal for both Airbnb entrepreneurs looking to expand their portfolio and real estate investors seeking long-term rental opportunities. Its generous 20' width ensures every room feels exceptionally spacious, providing unparalleled versatility for furniture placement and functionality. Upon entering, you are welcomed by a light-filled open floor plan that enhances the sense of space. The living room flows effortlessly into the dining area, past a stylish powder room, and into the expansive L-shaped kitchen. Equipped with Whirlpool stainless steel appliances, a generous island with bar seating, and direct access to a private back patio, this kitchen is perfectly suited for both casual dining and sophisticated gatherings. The lower level houses two flex spaces, each featuring walk-in showers, alongside a convenient laundry room outfitted with a commercial-grade Speed Queen washer and dryer. Ascend to the second, third, and fourth floors, where you’ll find two bedroom suites on each level. Each suite serves as a self-contained oasis, boasting a kitchenette with a refrigerator, microwave, wet bar, and pull-out trash can, along with its own mini-split HVAC system, security system, large-screen TV, and elegantly appointed bathroom with porcelain tiles and a shower/tub combination. The rear bedrooms are complemented by private balconies, while the front-facing suites feature walls of windows that invite abundant natural light. Venture up to the fifth-floor pilot house, which opens to a sprawling roof deck offering breathtaking city views. The builder’s attention to detail is evident throughout, with soundproofing gypcrete beneath the luxury vinyl flooring and strategically placed cameras monitored via an app for enhanced security. Safety and efficiency are prioritized with a full sprinkler system, two 50-gallon hot water heaters, and dual electrical panels. Constructed with durable brick and metal siding, this low-maintenance home marries elegance with practicality. Nestled in vibrant West Philadelphia, you’re just a short walk from universities, hospitals, and trendy cafés. With a robust rental history and exceptional income potential, this residence is not just visually stunning but also a savvy investment choice.

Highlights

Home typeTownhouse
HeatingZoned
StatusActive
(ACTIVE)
CoolingCentral Air
Size4,200 sqft
BasementYes
Lot size0.02 Acres
Year built2021
ParkingOn Street
MLS #PAPH2411278

Summary

  • MLS Number: PAPH2411278
  • MLS Name: BRIGHT
  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Office Email: vicki@kwempower.com
  • Listing Agent: Michelle Ashley

IDX 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: 2/8/2025, 10:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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living room with light hardwood / wood-style floors and ceiling fan

$1,275,000

331 State St

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $11,828. The majority of Philadelphia, PA residents have income less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

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 BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • PopeyesPopeyes
  • White CastleWhite Castle

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 331 State St

This home is located at 331 State St in Philadelphia, PA and zip code 19104 in the Powelton neighborhood. This 4,200 square foot home, which was built in 2021, sits on a 0.02 acre lot. Features: 8 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $1,275,000.

Over 152 listings were sold over their listed price in January 2025 in Philadelphia, PA. In the same period over 457 listings were sold below the listed price and 186 listings were sold for the listed price. The number of listings in Philadelphia, PA increased by 3.5% between December and January 2025. In January 2025 median list price was $266,945 and the average listing age was 52 days.

From Rocket Homes Real Estate and based on county public records data.

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