223 S 45TH ST, Philadelphia, PA 19104

Property Description

223 S. 45th Street offers investors the opportunity to acquire a well-located asset in Philadelphia’s highly desirable University City submarket. Situated in the Spruce Hill neighborhood, the property benefits from immediate proximity to the University of Pennsylvania and Drexel University, driving consistent rental demand from students, faculty, and young professionals. Fully occupied with 5-units including (1) studio/1 bathroom, (2) 1 bedroom/1 bathroom; (1) 2 bedroom/2 bathroom); and (1) 3 bedroom/3 bathroom. Investment highlights include: University City location with durable rental demand; Walkable to parks, retail, and dining amenities; Strong transit connectivity to Center City and major employment hubs; and Stable cash flow and long-term appreciation in one of Philadelphia’s most resilient rental markets.

Listing Status:

Active

Date Added:

May 15, 2026

Data Last Updated:

May 20, 2026 at 8:20PM

Listing Office:

JG Real Estate LLC : 2154674100

Listing Agent:

Ariel L Morgenstein : 2154674100

MLS ID:

PAPH2620030

Interior

• A/C: Central A/C
• Heating: Forced AirHeat Pump(s)Electric
• Disability Feature: None

Construction

• General: Other

Location

• Originating MLS: BRIGHT_MAIN
• School District: THE SCHOOL DISTRICT OF PHILADELPHIA
• County: PHILADELPHIA-PA

Lot

• Zoning: CMX2871127150

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: Tenant personal belongings