Backup offers
$10,000 Closing Credit¹
#PAPH2413538, Francis Mangubat, Listing Office: Keller Williams Main Line
$10,000
closing credit¹
424 N 40th St Philadelphia, PA 19104
$1,149,900 List price
$10,000
Closing credit¹
4,204 sqft
0.04 acres
$274 / sqft
Multi-Family
Property details
About 424 N 40th St
INCREDIBLE INVESTMENT OPPORTUNITY! 424 N 40th st is 4 upscale units with shared roof deck. Each unit offering luxury and tastefully designed bi-level floor plan, hardwood flooring, stainless-steel appliances, access to roof deck and/or courtyard and tons of square footage. As you enter each unit, you are met with a large open-concept common space and extremely spacious bedrooms with sizable walk-in closets and lots of natural light! Located in Powelton Village. Newly built in 2016 with remaining tax abatment. Tenants pay own electric, heating, and cooling. All units have a washer/dryer and intercom system. 1 lease per apartment. Easy to manage and lease. Low expenses! Minutes to PENN, Drexel, CHOP, PENN Hospitals. Located within the University City District Patrol area. Steps away from subway, trolley, and bus stop. Easy access to 30th Street Station and all nearby universities. Incredible investment opportunit and Cash flow from day 1! Disclosure: Broker has financial interest and is related to the seller.
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size4,204 sqft
BasementYes
Lot size0.04 Acres
Year builtNew Const., 2016
ParkingOn Street
MLS #PAPH2396866
Summary
- MLS Number: PAPH2396866
- MLS Name: BRIGHT
- Office Name: Archstone Realty
- Office Phone: (215) 924-0440
- Office Email: yourarchstone@gmail.com
- Listing Agent: Ausra Anusauskas
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, 11:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,149,900
424 N 40th St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 24, 2011 | Home Sold | $68,000 |
| Nov 12, 2004 | Home Sold | $114,840 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $893,700 | $2,502 |
| 2022 | $178,740 | $1,412 |
| 2021 | $- | $5,109 |
| 2020 | $720,500 | $1,412 |
| 2019 | $693,500 | $1,359 |
| 2018 | $542,000 | $1,062 |
| 2017 | $45,700 | $639 |
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
1.1 mi
•1301 Belmont Ave
3
Universal Institute Charter School at Bluford
Public Charter KG-6
2.0 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. The majority of Philadelphia, PA residents have income less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents 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 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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This home is located at 424 N 40th St in Philadelphia, PA and zip code 19104 in the Powelton neighborhood. This 4,204 square foot home, which was built in 2016, sits on a 0.04 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since September 15, 2024 and is currently priced at $1,149,900.
In January 2025 more than 152 listings in Philadelphia, PA were sold above the asking price. During the same period more than 186 listings were sold at asking price, while more than 457 were sold below. 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.