$275,000

700 N 40th St Philadelphia, PA 19104

$3,266
Closing credit¹
4 beds
4 full
3,120 sqft
0.07 acres
$88 / sqft
Townhouse

Property details

About 700 N 40th St

ATTENTION Investors and Builders!! Great opportunity in one of the fastest growing zip codes in Philadelphia, University City! LOCATION LOCATION LOCATION...get in now while you still can. University City is one of the fastest growing sections of the city with tons of rental demand from Drexel University, Penn University, and young professionals. The Schuylkill Yards Development is proceeding and going to double or triple values here. These 2 HUGE CORNER lots have tons of development potential. ZONED RM-1 and 55 FEET WIDE BY 115 FEET DEEP!!! 700 North 40th Street is 25 feet wide and 702 North 40th Street is 30 feet wide according to public record and both lots are 115 feet deep. Seller requires properties to be sold as a package. With the possibility to develop 14 apartments OR MORE, this is a can't miss opportunity. Bring your offers fast, this one won't last long! Properties are being sold AS-IS!

Highlights

Home typeTownhouse
HeatingBaseboard
StatusActive
(ACTIVE)
Size3,120 sqft
BasementYes
Lot size0.07 Acres
Year built1915
ParkingCovered Parking, Detached Garage,Driveway
MLS #PAPH2445492
Garage1 space

Summary

  • Full Bathrooms: 4
  • Basement: Yes
  • Flooring Type: Carpet, Wood
  • Total Bedroom Count: 4
  • Garage Space: 1 space
  • Parking: Covered Parking, Detached Garage,Driveway
  • Architectural Style: Other
  • Heating: Baseboard
  • Cooling: None
  • List Price: $275,000
  • Price/SqFt: $88
  • Annual Tax Amount: $772
  • Tax Year: 2023
  • Lot: Corner Lot
  • Directions: The building is at the corner of Fairmount Avenue and North 40th Street.
  • Year Built: 1915
  • Stories: 3
  • Living Area: 3,120 SqFt
  • Municipality: Philadelphia
  • Lot Size: 0.07 Acres
  • MLS Number: PAPH2445492
  • MLS Name: BRIGHT
  • Office Name: Keller Williams Realty Group
  • Office Phone: (610) 792-5900
  • Office Email: teresekw@gmail.com
  • Listing Agent: Eric D Feinberg
  • Agent Phone: (484) 948-5872
  • Agent Email: ericfeinberg@kw.com

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: 6/24/2025, 11:45:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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700 N 40th St, Philadelphia, PA 19104 - birds eye view of property

$275,000

700 N 40th St

$3,266

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$135,200$772
2022$90,200$261
2021$-$261
2020$63,700$891
2019$61,400$859
2018$63,400$887
2017$63,400$887

History based on county public records data.

Nearby schools

5

Samuel Powel Elementary School

Public District KG-4

0.6 mi

301 N 36th St

3

Inquiry Charter School

Public Charter PK-5

0.8 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $19,630. Most Philadelphia, PA residents have annual incomes less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

77%
<35k
16%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

60%
Single, No Kids
26%
Single, with Kids
7%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

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

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

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

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Frequently asked questions

About 700 N 40th St

The listing price of 700 N 40th St property is $275,000.

The property 700 N 40th St is a townhouse located in Philadelphia, Pennsylvania, 19104.

Active Listing: 700 N 40th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 700 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), Belmont Elementary Charter School (GreatSchools Rating 3/10), Martha Washington Elementary Academics (GreatSchools Rating 3/10), Morton McMichael School (GreatSchools Rating 3/10), Philadelphia Learning Academy - South (GreatSchools Rating 3/10), Paul Robeson High School for Human Services (GreatSchools Rating 5/10), Parkway West (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $772 (source: MLS/based on county public records data).

The property at 700 N 40th St has 4 bedrooms and 4 bathrooms.

The property 700 N 40th St is 3,120 SqFt (source: MLS/tax record).

The year of construction for 700 N 40th St is 1915.

This home is located at 700 N 40th St in Philadelphia, PA and zip code 19104 in the Belmont neighborhood. This 3,120 square foot home, which was built in 1915, sits on a 0.07 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 18, 2025 and is currently priced at $275,000.

Between April and May 2025, Philadelphia, PA real estate market has seen increase in the number of listings by 40.9%. In May 2025, listings were on the market for 89 days. During the same period, the median list price in this real estate market was $298,569.

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

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