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$1,500,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5,792 Sq. Ft.
  • Updated 13 hours ago
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This fully occupied five-unit building commands an annual gross rental income of over $132,000. Each unit is equipped with separate utilities and dedicated HVAC systems, ensuring optimal comfort and efficiency. The apartments showcase high-quality finishes, including hardwood flooring, granite and stainless-steel kitchens with Shaker cabinetry, dishwashers, built-in microwaves, and tile bathrooms. Each unit includes its own washer and dryer, and all but one apartment is partially furnished. Additionally, a spacious unfinished basement provides ample storage. The property consists of two 5-bedroom, 2-bath units, one 4-bedroom, 2-bath unit, and two 2-bedroom, 1-bath units. Located in the thriving West Powelton neighborhood, this property is strategically positioned near the University City Science Center, Drexel University, and the University of Pennsylvania, along with a variety of dining and coffee options. With multiple convenient SEPTA transportation options available, it is less than ten minutes by car or bicycle to Center City-an undeniable opportunity for any investor.

Full Property Details for 321 N 40th St

General

  • Price: $1,500,000
  • Taxes: $1,618 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2675566
  • Updated: 10/6/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Lease Info: Yearly

Interior

  • Flooring: Wood

Parking

  • Parking Type: None

Location

  • Area: 19104 (19104)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Cross Streets: Powelton/Baring
  • Driving Directions: 312 N 40th St

School Information

  • School District: The School District Of Philadelphia

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C, Zoned
  • Cooling Fuel: Electric
  • Heating Type: Central, Zoned
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Other
  • Structure Type: Detached
  • Construction: Brick, Stucco
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Foundation: Concrete Perimeter
  • Roof: Flat
  • Square Feet: 5,792
  • Sq. Ft. Source: Assessor
  • Living Area: 5,792 Sq. Ft.
  • Finished Above Grnd: 5,792 Sq. Ft.
  • Year Built: 2016
  • Year Built Source: Assessor

Unit Information

  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,085
  • Lot Size Source: Assessor
  • Lot Dimensions: 21.00 x 100.00
  • Zoning: RM1

Financial Considerations

  • Price Per Sq. Ft.: $258.98
  • Assessment Year: 2025
  • School Tax: $906
  • City/TownTax: $712
  • City/TownTax Freq: Annually
  • Tax w/Assessment: $115,630
  • Tax Amount: $1,618
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 5792

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Tenants' furniture.
  • Inclusions: All refrigerators, washers and dryers
  • Lot Number: 366

Listed by Compass Pennsylvania, LLC, Jordan B Wiener and Compass Pennsylvania, LLC, Susan J Henley

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Listing agents

— 321 N 40th St —

  • Jordan B Wiener

    Compass Pennsylvania, LLC

  • Susan J Henley

    Compass Pennsylvania, LLC

Listing Office Email: kenenochs@compass.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 321 N 40th St

School District:Philadelphia City School District
NameGradesDistance
Powel Samuel School
3610 Warren Street, Philadelphia, PA 19104
K-40.4 mi
Science Leadership Academy Middle School
3610 Warren Street, Philadelphia, PA 19104
5-80.4 mi
West Philadelphia High School
4901 Chestnut Street, Philadelphia, PA 19139
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 321 N 40th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/05/2026
Listed
$1,500,000
15.38%
MLS
9/18/2020
Sold
$1,300,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 321 N 40th St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,619
—
$1,156,900
—
2025
$1,619
—
$1,156,300
—
2024
$1,619
—
$1,156,300
100%
2023
$1,619
39%
100%
2021
$1,162
-28%
-100%
2023
$1,619
39%
$115,630
-86%
2020
$1,162
1%
$830,100
1%
2019
$1,153
41%
$824,000
1311%
2017
$817
175%
$58,400
175%
2016
$297
-89%
$21,200
-90%
2015
$2,767
—
$206,500
—
2014
$2,767
254%
$206,500
2481%
2013
$782
—
$8,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 321 N 40th St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Compass Pennsylvania, LLC, Jordan B Wiener and Compass Pennsylvania, LLC, Susan J Henley

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321 N 40th Street, Philadelphia, PA 19104 (MLS# PAPH2675566) is a Single Family property with 0 bedrooms and 0 full bathrooms. 321 N 40th Street is currently listed for $1,500,000 and was received on October 05, 2026. Want to learn more about 321 N 40th Street? Do you have questions about finding other Single Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

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