929 N 40TH ST, Philadelphia, PA 19104

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:

March 24, 2026 at 7:18AM

Listing Office:

Keller Williams Liberty Place : 6093995454

Listing Agent:

Alyce Gerhardt : 5706908064

MLS ID:

PAPH2593190

Interior

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

Construction

• General: Brick

Location

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

Lot

• Zoning: CMX1243237400
• View: City

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN