Property

Philadelphia, PA 19104 327 N 40Th Street

327 N 40Th Street Philadelphia, PA - Image 1327 N 40Th Street Philadelphia, PA - Image 2327 N 40Th Street Philadelphia, PA - Image 3
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Presented By: Trophy Commercial Real Estate LLC
  • MLS# PAPH2537876
  • 09/15/2025
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  • Beds • 18

Home Details

327 N 40th Street is a fully stabilized six-unit multifamily property located in the heart of West Powelton Village, adjacent to University City, Philadelphia. Constructed in 2018, the building features large, high-yielding units with premium finishes, private outdoor spaces, and in-unit laundry. The unit mix includes a majority of larger-than-average four-bedroom units, along with two- and threebedroom units. Positioned just blocks from UPenn, Drexel University, Penn Presbyterian Medical Center, and the Market-Frankford Line, 327 N 40th offers an investor secure long-term returns in one of the citys strongest rental corridors. The property is currently fully leased and generates $14,746/month in gross income. Offered at a 7.74% cap rate, the building has over 3 years on the remaining tax abatement and $238/SF, this is a rare opportunity to acquire a stabilized, income-generating property in a premier university-adjacent submarket.
Presented By: Trophy Commercial Real Estate LLC

Interior Features for 327 N 40Th Street

Bedrooms

Three Bedroom Units Count6

Other Interior Features

LivingAreaSourceEstimated
Central Air Y/NYes
Heating FuelElectric
Heating Y/NYes
Hot WaterNatural Gas
Total Stories3

General for 327 N 40Th Street

Acceptable FinancingCash, Negotiable
AccessibilityNone
Architectural StyleOther
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
Directions327 N 40th Street is just a short walk to the Market- Frankford Line and Lancaster Avenue retail.
Garage Y/NNo
HeatingCentral
Home Warranty Y/NNo
Lease TypeLong Term
Living Area2950
Lot Size Square Feet3049.00
Lot Size UnitsSquare Feet
MLS Area19104 (19104)
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total1
Number of Units Leased6
One Bedroom Units Count
Other StructuresAbove Grade
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG627.12
Property SubtypeOther
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeOther
Tax Annual Amount2358.0
Tax Assessed Value168480.0
Tax Lot209
Tax Year2024
Total SQFT2950
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built2017
Year Built SourceEstimated
ZoningRM1

Exterior for 327 N 40Th Street

Land Assessed Value168480.00
Land Use CodeCA0
Lot Size Acres0.07
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $1,850,000
MLS#PAPH2537876
List Date 09/15/2025
Property Type Multi-Family
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