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$699,000 Just Listed

  • For Sale
  • Active
  • Triplex
  • 3,618 Sq. Ft.
  • Updated 20 hours ago
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Premium location (42nd st & Spruce st). Investment property with a rental income of $7,000+ per month and a Return on Invest of 22% after tax. Total 11b4b. Duplex for both rental and self occupation in the core area of the Penn University city. The property has four floors, each floor can be rented as a separate unit: Floor 1: Living room + 3b1b; Floor 2: 3b1b; Floor 3: 3b1b; Floor 4: 2b1b. Situated in Spruce Hill -- a charming neighborhood teeming with historic residences, multicultural eateries. Penn Alexander School in 200 yards. Close proximity to Penn hospitals and universities.

Full Property Details for 322 S 42nd St

General

  • Price: $699,000
  • Taxes: $11,598 (2025)
  • Status: Active
  • Type: Triplex
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2625500
  • Updated: 5/23/2026
  • Added to Site: 1 day(s) ago

Parking

  • Parking Features: Public
  • Parking Type: On Street

Location

  • Area: 19104 (19104)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Driving Directions: Pine St to 322 S 42nd St

School Information

  • School District: Philadelphia City

Heating & Cooling

  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Type: 90% Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Other
  • Structure Type: Other
  • Construction: Other
  • Basement: Yes
  • Basement Desc.: Partially Finished
  • Square Feet: 3,618
  • Sq. Ft. Source: Assessor
  • Living Area: 3,618 Sq. Ft.
  • Finished Above Grnd: 3,618 Sq. Ft.
  • Year Built: 1930
  • Year Built Source: Assessor

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,890
  • Lot Size Source: Assessor
  • Lot Dimensions: 18.00 x 105.00
  • Zoning: RM1

Financial Considerations

  • Price Per Sq. Ft.: $193.2
  • Assessment Year: 2026
  • School Tax: $6,495
  • City/TownTax: $5,103
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $828,600
  • Tax Amount: $11,598
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 3618

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 19

Listed by The Greene Realty Group, Derek J. Greene

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Listing agent

— 322 S 42nd St —

  • Derek J. Greene

    The Greene Realty Group

Listing Office Email: office@thegreenerealtygroup.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 322 S 42nd St

School District:Philadelphia City School District
NameGradesDistance
Penn Alexander School
4209 Spruce Street, Philadelphia, PA 19104
K-80.1 mi
West Philadelphia High School
4901 Chestnut Street, Philadelphia, PA 19139
9-120.8 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 S 42nd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/23/2026
Listed
$699,000
-12.62%
MLS
4/19/2019
Sold
$800,000
—
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 322 S 42nd St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,199
—
$828,600
—
2024
$10,199
41%
$828,600
100%
2021
$7,254
67%
-100%
2023
$4,345
-40%
$390,400
-25%
2020
$7,254
4%
$518,200
4%
2019
$6,982
66%
$498,800
66%
2018
$4,218
—
$301,300
—
2017
$4,218
—
$301,300
—
2016
$4,218
4%
$301,300
—
2015
$4,037
—
$301,300
—
2014
$4,037
18%
$301,300
760%
2013
$3,424
—
$35,040
—
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.

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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

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Listed by The Greene Realty Group, Derek J. Greene

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322 S 42nd Street, Philadelphia, PA 19104 (MLS# PAPH2625500) is a Triplex property with 0 bedrooms and 0 full bathrooms. 322 S 42nd Street is currently listed for $699,000 and was received on May 23, 2026. Want to learn more about 322 S 42nd Street? Do you have questions about finding other Triplex real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

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