416 N 31ST ST, Philadelphia, PA 19104

• 6 beds |
• 2 baths |
• 1,350 sqft

Property Description

Income-producing student rental opportunity in the heart of Powelton Village near Drexel University. 416 N 31st Street is a 6-bedroom, 2-bath property fully leased through August 31, 2026 at $4,600 per month, offering stable rental income in a highly desirable university neighborhood. The home offers a practical layout designed for student housing with large bedrooms, shared living areas, a full kitchen, and two full bathrooms. Its close proximity to Drexel University, the University of Pennsylvania, public transportation, and neighborhood amenities ensures strong and consistent rental demand. The property has experienced 100% occupancy with no meaningful vacancy history, making it a reliable investment opportunity. With low operating expenses, low property taxes, and low insurance costs, this property offers investors strong cash-flow potential in one of Philadelphia’s most established student rental markets. Current Lease: $4,600/month through 8/31/2026. Annual Gross Rent: $55,200. Offered at $600,000

Listing Status:

Active

Data Last Updated:

August 13, 2026 at 4:19AM

Listing Office:

BHHS Fox & Roach-Center City Walnut : 2156276005

Listing Agent:

Frank L DeFazio : 6106364364

MLS ID:

PAPH2595382

Interior

• Basement: Full
• A/C: Other
• Heating: OtherElectric
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: OtherA-Frame

Construction

• General: Masonry3Other

Location

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

Lot

• Zoning: RM1241207500

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN