#PAPH2437556, Kevin M McGettigan, Listing office: OCF Realty LLC - Philadelphia
$825,000 List price
503 S 42nd St Philadelphia, PA 19104
2,805 sqft
0.06 acres
$294 / sqft
Multi-Family
Property details
About 503 S 42nd St
Investor Alert: Prime Conversion Opportunity in University City This large multi-family duplex is an exceptional investment opportunity in the highly sought-after University City neighborhood, located within the prestigious Penn Alexander Catchment Area. Ideal for conversion into a 4-6 unit investment property, rooming house, or multi-suite rental, this property offers the scale and location that discerning investors seek. The primary front unit boasts 8 spacious bedrooms 6 full bathrooms 2 full kitchens A main-level bedroom with en-suite bathroom Additional bedrooms and bathrooms across the 2nd and 3rd floors, perfectly suited for multi-resident living A secondary rear unit includes: 1 bedroom, 1 bathroom Private entrance via a side walkway, ideal for privacy. Additional features: Full basement with laundry facilities Significant interior square footage for future reconfiguration Centrally located with easy access to University of Pennsylvania (UPenn), Children’s Hospital of Philadelphia (CHOP), Center City, VA Hospital, and Philadelphia International Airport (PHL) This property is ripe for redevelopment, offering both strong rental potential and long-term value appreciation in one of Philadelphia’s most vibrant and dynamic submarkets.
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingWall Unit(s)
Size2,805 sqft
BasementYes
Lot size0.06 Acres
Year built1930
ParkingOn Street
MLS #PAPH2512620
Summary
- Basement: Yes
- Parking: On Street
- Exterior: Exterior Lighting
- Architectural Style: Victorian
- Heating: Forced Air
- Cooling: Wall Unit(s)
- List Price: $825,000
- Price/SqFt: $294
- Annual Tax Amount: $5,166
- Tax Year: 2023
- Directions: 42nd & Baltimore Avenue
- Year Built: 1930
- Living Area: 2,805 SqFt
- Municipality: Philadelphia
- Lot Size: 0.06 Acres
- MLS Number: PAPH2512620
- MLS Name: BRIGHT
- Office Name: Wolverton & Company LLC
- Office Phone: (610) 994-9750
- Office Email: will@wolvertonco.com
- Listing Agent: Vaughn P Slater
- Agent Phone: (610) 656-9090
- Agent Email: vaughns@wolvertonco.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: 8/1/2025, 9:45:40 AM 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 | $369,100 | $5,166 |
| 2022 | $369,100 | $6,888 |
| 2021 | $- | $6,611 |
| 2020 | $492,100 | $6,888 |
| 2019 | $473,700 | $6,630 |
| 2018 | $316,700 | $4,433 |
| 2017 | $316,700 | $3,624 |
History based on county public records data.
Nearby schools
5
Samuel Powel Elementary School
Public District KG-4
1.0 mi
•301 N 36th St
3
Inquiry Charter School
Public Charter PK-5
1.8 mi
•1301 Belmont Ave
5
Thomas G. Morton School
Public District KG-5
2.1 mi
•2501 S 63rd 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 $23,288. The majority of Philadelphia, PA residents have income less than $<35k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
63%
<35k
31%
35k-100k
5%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
81%
Single, No Kids
4%
Single, with Kids
9%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
1%
12-17 yrs old
72%
18-34 yrs old
19%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Major League Soccer (MLS)
Tennis
Where do the neighbors shop?
H&M
Banana Republic
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Jack In The Box
Starbucks
What do the neighbors drive?
Volkswagen
Toyota
BMW
What do the neighbors listen to?
Rhythmic Contemporary Hits
Jazz
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 503 S 42nd St
The listing price of 503 S 42nd St property is $825,000.
The property 503 S 42nd St is a multi located in Philadelphia, Pennsylvania, 19104.
Active Listing: 503 S 42nd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 503 S 42nd St are: Samuel Powel Elementary School (GreatSchools Rating 5/10), Inquiry Charter School (GreatSchools Rating 3/10), Thomas G. Morton School (GreatSchools Rating 5/10), Penn Alexander School (GreatSchools Rating 8/10), Henry C. Lea School (GreatSchools Rating 5/10), Science Leadership Academy Middle School (GreatSchools Rating 6/10), Paul Robeson High School for Human Services (GreatSchools Rating 5/10), The Workshop School (GreatSchools Rating 3/10), West Philadelphia High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $5,166 (source: MLS/based on county public records data).
The property 503 S 42nd St is 2,805 SqFt (source: MLS/tax record).
The year of construction for 503 S 42nd St is 1930.
This home is located at 503 S 42nd St in Philadelphia, PA and zip code 19104 in the Woodland neighborhood. This 2,805 square foot home, which was built in 1930, sits on a 0.06 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 5, 2025 and is currently priced at $825,000.
The inventory of homes for sale in Philadelphia, PA between May and June 2025 increased by 36.5%. In June 2025, listings were on the market for 90 days. During the same period, the median list price in this real estate market was $292,873.
From Rocket Homes Real Estate and based on county public records data.