$7,588 Closing Credit¹
#PAPH2476542, Margaret McCain, Listing office: Coldwell Banker Residential Brokerage - Princeton
$715,000 List price
705 N 40th St Philadelphia, PA 19104
$8,491
Closing credit¹
2,400 sqft
0.04 acres
$298 / sqft
Multi-Family
Property details
About 705 N 40th St
This is new rehab done 1 years ago. There are 3 upscale apartments with 2 bedrooms and 2 bathrooms each. All units inside finish high-quality tile, hard wood floor, stainless-steel appliances, washer/dryer. Each unit has its own HVAC high efficiency, heat and central air. Well, laid out floor plans. Conveniently located near schools, parks, and public transportation. Minutes to PENN, Drexel, CHOP, PENN Hospitals.
Highlights
Home typeTriplex
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size2,400 sqft
BasementYes
Lot size0.04 Acres
Year built1960
ParkingOn Street,Driveway
MLS #PAPH2405824
Summary
- Basement: Yes
- Parking: On Street,Driveway
- Architectural Style: Traditional
- Heating: Forced Air
- Cooling: Central Air
- List Price: $715,000
- Price/SqFt: $297
- Annual Tax Amount: $5,480
- Tax Year: 2023
- Directions: 40th St to Fairmount Av
- Year Built: 1960
- Living Area: 2,400 SqFt
- Municipality: Philadelphia
- Lot Size: 0.04 Acres
- MLS Number: PAPH2405824
- MLS Name: BRIGHT
- Office Name: Burke Property Group
- Office Phone: (215) 635-5500
- Office Email: e.michael@burkepropertygroup.com
- Listing Agent: Desiree R Richardson
- Agent Phone: (215) 416-3467
- Agent Email: movewithdesiree@gmail.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: 6/28/2025, 5:45:33 PM 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
$715,000
705 N 40th St
$8,491
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 29, 2022 | Home Sold | $280,000 |
| Jan 04, 2022 | Home Sold | $190,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $391,500 | $5,480 |
| 2022 | $391,500 | $1,890 |
| 2021 | $- | $2,029 |
| 2020 | $145,000 | $2,029 |
| 2019 | $139,600 | $1,954 |
| 2018 | $95,900 | $1,342 |
| 2017 | $95,900 | $1,342 |
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. Typical income of Philadelphia, PA residents is less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living 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 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
Similar homes for sale
$9,381 Closing Credit¹
#PAPH2441916, Leighanne Tancredi, Listing office: United Real Estate
Tour
$8,788 Closing Credit¹
#PAPH2464294, ERIC Andrew Dvotsky, Listing office: BHHS Fox & Roach-Center City Walnut
$7,719 Closing Credit¹
#PAPH2487786, Carlton Williams, Listing office: EXP Realty, LLC
Tour
$7,719 Closing Credit¹
#PAPH2456896, Deneen Sweeney, Listing office: Keller Williams Real Estate - West Chester
$8,063 Closing Credit¹
#PAPH2466332, Leron K Grossman, Listing office: Victory Real Estate, LLC
$7,125 Closing Credit¹
#PAPH2456006, Shengfei Lin, Listing office: Target Realty
$7,006 Closing Credit¹
#PAPH2468638, Gazi Ataseven, Listing office: HomeSmart Realty Advisors
$7,125 Closing Credit¹
#PAPH2451430, Todd Richard Bouchard II, Listing office: Coldwell Banker Realty
Backup offers
$6,234 Closing Credit¹
#PAPH2476574, Nicole Caprario, Listing office: New Age Realty Group Inc
Frequently asked questions
About 705 N 40th St
The listing price of 705 N 40th St property is $715,000.
The property 705 N 40th St is a multi located in Philadelphia, Pennsylvania, 19104.
Active Listing: 705 N 40th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 705 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 $5,480 (source: MLS/based on county public records data).
The last sale was on September 29, 2022 for $280,000 (source: MLS/tax record).
The property 705 N 40th St is 2,400 SqFt (source: MLS/tax record).
The year of construction for 705 N 40th St is 1960.
This home is located at 705 N 40th St in Philadelphia, PA and zip code 19104 in the Belmont neighborhood. This 2,400 square foot home, which was built in 1960, sits on a 0.04 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since October 3, 2024 and is currently priced at $715,000.
The inventory of homes for sale in Philadelphia, PA between April and May 2025 increased by 40.9%. In May 2025 median list price was $298,569 and the average listing age was 89 days.
From Rocket Homes Real Estate and based on county public records data.