Backup offers
$3,443 Closing Credit¹
#PAPH2403498, Thomas Beerley, Listing Office: Keller Williams Realty Group
$275,000 List price
702 N 40th St Philadelphia, PA 19104
$3,266
Closing credit¹
4 beds
4 full
2,370 sqft
0.08 acres
$116 / sqft
Townhouse
Property details
About 702 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)
(ACTIVE)
Size2,370 sqft
BasementYes
Lot size0.08 Acres
Year built1935
MLS #PAPH2446798
Summary
- MLS Number: PAPH2446798
- MLS Name: BRIGHT
- Office Name: Keller Williams Realty Group
- Office Phone: (610) 792-5900
- Office Email: teresekw@gmail.com
- Listing Agent: Eric D Feinberg
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: 2/22/2025, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$275,000
702 N 40th St
$3,266
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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 | $188,000 | $1,511 |
| 2022 | $143,000 | $1,879 |
| 2021 | $- | $1,879 |
| 2020 | $179,300 | $2,509 |
| 2019 | $178,900 | $2,504 |
| 2018 | $173,700 | $2,431 |
| 2017 | $253,100 | $3,542 |
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
1.8 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 $19,630. The most common annual income of people living in Philadelphia, PA is less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
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 Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 702 N 40th St
This home is located at 702 N 40th St in Philadelphia, PA and zip code 19104 in the Belmont neighborhood. This 2,370 square foot home, which was built in 1935, sits on a 0.08 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 19, 2025 and is currently priced at $275,000.
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. While the average time on the market in January 2025 was 52 days, the median list price was $266,945.
From Rocket Homes Real Estate and based on county public records data.