3410 RACE ST, Philadelphia, PA 19104

Property Description

3410 Race St is a 5-unit, three-story apartment building totaling ±3,330 SF, offered in Philadelphia's premier academic rental corridor. Located steps from Drexel University's main campus and minutes from the University of Pennsylvania, the property sits at the intersection of two world-class institutions that collectively generate one of the deepest and most durable pools of renter demand in the Mid-Atlantic. The building carries the classic Victorian character that defines Powelton Village — a neighborhood that continues to attract students, graduate researchers, faculty, and healthcare professionals employed at nearby Penn Medicine and CHOP. With a SEPTA station four minutes on foot and walkable access to the 40th Street retail corridor, tenants at 3410 Race St enjoy genuine transit-oriented convenience without sacrificing neighborhood livability. University City's 19104 zip code is one of the tightest rental submarkets in Philadelphia, consistently posting sub-5% vacancy driven by institutional enrollment cycles and anchor employers in healthcare and biotech. The property reflects a stabilized, income-producing asset with meaningful downside protection — the kind of profile that holds up across market cycles. For a 1031 exchange buyer or a portfolio investor seeking reliable academic-market income, this is a straightforward opportunity to add a well-located, fully tenanted building in a submarket where replacement supply is severely constrained. Contact us for rent roll, financials, and showing availability.

Listing Status:

Active

Data Last Updated:

June 24, 2026 at 3:16AM

Listing Office:

Compass Pennsylvania, LLC : 6108223356

Listing Agent:

Thomas S Dilsheimer : 6103891482

MLS ID:

PAPH2638328

Interior

• Flooring: Hardwood
• A/C: None
• Heating: RadiatorNatural Gas
• Disability Feature: None

Construction

• Roofing: FlatSlateShingle
• General: StuccoStone

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: RTA1241065400

Utilities

• Water: Community
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: Tenant possessions