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$399,000
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Property Description
Move in Ready Home with Endless Potential in University City! Rare opportunity for investors, students, faculty, or first time home buyers. 322 N 42nd St is a thoughtfully updated 3 bedroom, 2.5 bath home offering versatile living in University City. With a 16 ft wide layout, 2 outdoor spaces, and a brand new roof (2025) this home blends modern updates and functional living spaces, offering comfort, convenience, and strong rental potential. Inside, the open concept living area features soaring ceilings, abundant natural light, a fireplace, and a striking exposed brick accent wall. Pour yourself a glass of wine from the wine fridge and step outside to a large private fenced patio, perfect for outdoor dining, grilling, or simply relaxing. The chef-inspired kitchen impresses with quartz countertops, soft-close cabinetry, stainless steel appliances, a wine fridge, and a 6 ft island ideal for gatherings. A powder room and dedicated laundry complete the first floor. Upstairs, the primary suite offers a tray ceiling and ensuite bath, while 2 additional bedrooms provide flexible space for guests, home offices, or shared living, complemented by a hall bath. The full basement features all new recent electric, plumbing, and HVAC systems. This home qualifies for the Drexel Home Purchase Assistance Program ($15,000 forgivable loan) and the UPenn Closing Cost Reduction Program, making it especially appealing to university staff. With a proven rental history, including successful student tenancy, this home adds an extra layer of investment appeal. Ideally located near Drexel University, University of Pennsylvania, CHOP, major medical centers, and with easy access to I-76 and the Market-Frankford Line, this home puts the city at your doorstep. Don't miss this rare University City opportunity with endless possibilities!
Full Property Details
Full Property Details for 322 N 42nd St
General
- Sold For: $399,000
- Taxes: $4,206 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2603714
- Added to Site: 148 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Upper Floor Baths: 2
- Upper - Full Baths: 2
- Main Floor Baths: 1
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Upper: 3
Parking
- Parking Type: Off Street
Location
- Area: 19104 (19104)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: UNIVERSITY CITY
- Driving Directions: East on Lancaster Ave. Make a right onto 42nd St
School Information
- School District: Philadelphia City
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Ceiling Fan(s)
- Cooling Fuel: Natural Gas
- Heating Type: 90% Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: AirLite
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Fully Finished
- Foundation: Concrete Perimeter
- Stories Description: Main, Upper 1
- Square Feet: 1,510
- Sq. Ft. Source: Assessor
- Living Area: 1,510 Sq. Ft.
- Finished Above Grnd: 1,510 Sq. Ft.
- Year Built: 1925
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,280
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 80.00
- Zoning: RSA5
Financial Considerations
- Price Per Sq. Ft.: $270.86
- Assessment Year: 2026
- School Tax: $2,355
- City/TownTax: $1,850
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $300,500
- Tax Amount: $4,206
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1510
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 3011
Listed by Elfant Wissahickon Realtors, Erin Larkin
Sold by RE/MAX One Realty - TCDT, Capri D'Amario Dessecker
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Schools
Schools serving 322 N 42nd St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Locke Alain School 4550 Haverford Avenue, Philadelphia, PA 19139 | K-8 | 0.4 mi |
West Philadelphia High School 4901 Chestnut Street, Philadelphia, PA 19139 | 9-12 | 0.7 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 322 N 42nd St
Date
Details
Price
Change
Source
7/23/2026
Sold
$399,000
-2.44%
MLS
4/10/2026
Listed
$409,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
322 N 42nd Street, Philadelphia, PA 19104 (MLS# PAPH2603714) is a Townhouse property that was sold at $399,000 on July 23, 2026. Want to learn more about 322 N 42nd Street? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

