$1,280,000

929 N 40TH ST, Philadelphia, PA 19104

Multi-Family Home
Built in 2025
2,614sqft lot
—— car garage
$——/sqft
Listed 3 months ago

Property Description

Turnkey new construction multifamily in the University City area of Philadelphia, Pennsylvania — the #1 destination to visit in the world for 2026 (WSJ) and a Top-10 USA MSA for rent growth (2026). Six (6) units spanning ±5K SF on a prominent cornel parcel with serious curb appeal. 10 Year Tax Abatement. Minimal OPEX, above-average rent growth forecast. Easy access to the “EDS + MEDS” powerhouse economic district with world-class employers, institutions, healthcare systems, universities and corporations — UPENN, CHOP, HUP, Drexel University, Science Center, Schuylkill Yards, Amtrak’s 30th Street Station, Philadelphia Zoo, Boathouse Row, Kelly Drive, Museums District — all within reach from North 40th — insulating the property with rental demand for years to come.

Listing Status:: Active
Data Last Updated:: June 24, 2026 at 2:19AM
Listing Office:: Keller Williams Liberty Place : 6093995454
Listing Agent:: Alyce Gerhardt : 5706908064
MLS ID:: PAPH2593190

Flooring: Luxury vinyl plank
A/C: Central A/C
Heating: Forced AirElectric
Disability Feature: None

General: Brick

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

Zoning: CMX1243237400
View: City

Water: Public
Sewer: Public Sewer

Source: BRIGHT_MAIN

This listing courtesy of Alyce Gerhardt , Keller Williams Liberty Place

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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