645 N PRESTON ST, Philadelphia, PA 19104

• 2,100 sqft

Property Description

Location, Location, Location: Investor Special in Powelton Village / University City – Full Rehab Opportunity, Gutted out shell ready for rehab. Exceptional value-add opportunity in the highly sought-after Powelton Village neighborhood, located in the heart of University City. This spacious property (approx. 2,100+ sq ft) has been fully gutted and is ready for a complete renovation—offering a blank canvas for investors, developers, or owner-occupants looking to customize from the ground up. This property is just steps from Drexel University and minutes to the University of Pennsylvania, CHOP, and Penn Medicine. The location provides strong, consistent rental demand from students, faculty, and medical professionals, making it ideal for a flip, rental hold, or potential multi-unit conversion to triplex ( quad needs to be verified by zoning and use). Conveniently located near Lancaster Avenue’s retail and dining corridor, public transportation including SEPTA trolley lines, and with easy access to 30th Street Station and Center City Philadelphia. The neighborhood continues to see steady appreciation, with renovated comparable properties. *owner financing may be available for the experienced investors*

Listing Status:

Active

Data Last Updated:

August 8, 2026 at 3:17AM

Listing Office:

The Greene Realty Group : 8882785840

Listing Agent:

Derek J. Greene : 8882785840

MLS ID:

PAPH2651854

Interior

• Basement: CombinationFront entrance
• A/C: None
• Heating: None
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Other

Construction

• Roofing: Flat
• General: MasonryStuccoStone

Location

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

Lot

• Zoning: RM1871067250

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN