#PAPH2415956, Jaimee A. Cohen, Listing Office: RE/MAX Prime Real Estate
421 N Preston St Philadelphia, PA 19104
Property details
About 421 N Preston St
PRIME INVESTMENT OPPORTUNITY IN WEST PHILLY! Investors, developers, and savvy flippers this is the deal you’ve been waiting for! Located in the rapidly appreciating West Philadelphia/West Powelton area, this massive property offers an unmatched opportunity to transform a diamond in the rough into a high-value asset. With ARVs soaring past $1M, the potential here is undeniable! Why 421 N. Preston Street? Prime Location: Just minutes from Drexel University, University of Pennsylvania, and major hospitals, making it perfect for high-end rentals or luxury student housing. Endless Possibilities: Ideal for a multi-family conversion, a high-end flip, or a ground-up redevelopment to maximize returns. Strong Comps: Surrounding luxury townhomes and new construction properties are selling for well over $1M, ensuring a lucrative exit strategy. Growing Demand: With University City’s booming development, demand for premium housing is skyrocketing, don’t miss your chance to capitalize! Bring Your Vision to Life! This is your chance to flip, develop, or hold for long-term appreciation in one of Philly’s most promising pockets. Whether you’re an experienced investor or a first-time developer looking for a high-yield project, 421 N. Preston Street is a golden opportunity you won’t want to pass up. Act Fast! Opportunities like this don’t last. Contact us today to secure this high-potential investment!
Highlights
(ACTIVE UNDER CONTRACT)
Summary
- Full Bathrooms: 5
- Basement: Yes
- Total Bedroom Count: 7
- Parking: On Street
- Architectural Style: Colonial
- Heating: Radiant
- Cooling: Wall Unit(s)
- List Price: $349,900
- Price/SqFt: $82
- Annual Tax Amount: $1,364
- Tax Year: 2021
- Directions: Please use GPS
- Year Built: 1915
- Stories: 3
- Living Area: 4,240 SqFt
- Municipality: Philadelphia
- Lot Size: 0.06 Acres
- MLS Number: PAPH2454716
- MLS Name: BRIGHT
- Office Name: Realty One Group Restore - Conshohocken
- Office Phone: (215) 828-5330
- Office Email: lmuscella@rogrestore.com
- Listing Agent: Emerald Marie Butler-Smith
- Agent Phone: (610) 809-9595
- Agent Email: emeraldopensdoors@gmail.com
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Last updated on: 5/14/2025, 10:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$349,900
421 N Preston St
$4,155
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 27, 2009 | Home Sold | $179,900 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $445,800 | $- |
2022 | $445,800 | $- |
2021 | $- | $1,364 |
2020 | $327,900 | $- |
2019 | $324,700 | $- |
2018 | $315,300 | $- |
2017 | $150,700 | $2,109 |
History based on county public records data.
Nearby schools
5
Samuel Powel Elementary School
Public District KG-4
0.5 mi
•301 N 36th St
3
Inquiry Charter School
Public Charter PK-5
1.1 mi
•1301 Belmont Ave
3
Universal Institute Charter School at Bluford
Public Charter KG-6
1.9 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 $25,680. Residents of Philadelphia, PA typically earn less than $<35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 421 N Preston St
The listing price of 421 N Preston St property is $349,900.
The property 421 N Preston St is a townhouse located in Philadelphia, Pennsylvania, 19104.
Accepting Backup Offers: 421 N Preston St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 421 N Preston 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), Belmont Elementary Charter School (GreatSchools Rating 3/10), Alain Locke Elementary School (GreatSchools Rating 2/10), Martha Washington Elementary Academics (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 2021 is $1,364 (source: MLS/based on county public records data).
The last sale was on February 27, 2009 for $179,900 (source: MLS/tax record).
The property at 421 N Preston St has 7 bedrooms and 5 bathrooms.
The property 421 N Preston St is 4,240 SqFt (source: MLS/tax record).
The year of construction for 421 N Preston St is 1915.
This home is located at 421 N Preston St in Philadelphia, PA and zip code 19104 in the Powelton neighborhood. This 4,240 square foot home, which was built in 1915, sits on a 0.06 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 8, 2025 and is currently priced at $349,900.
Between March and April 2025, Philadelphia, PA real estate market has seen increase in the number of listings by 49.7%. In April 2025 median list price was $291,214 and the average listing age was 88 days.