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$450,000
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Property Description
A rare opportunity to own a fully rented, well-maintained triplex in the heart of University City. Each of the three units offers 3 bedrooms and 1 bathroom, combining spacious layouts with updated finishes and consistent rental demand. Unit 1: $1,400/month, Unit 2: $1,565/month, Unit 3: $1,100/month. All leases are secured through July 2026, providing immediate and reliable cash flow from day one. The property has been thoughtfully updated and cared for by ownership, ensuring smooth operation and low maintenance. Ideal for an investor seeking strong returns or an owner-occupant looking to live affordably, you can occupy one unit and let the other two cover your mortgage. Located near UPenn and Drexel University, this property sits in one of Philadelphia's most desirable rental markets, surrounded by universities, hospitals, and public transportation. Whether you're expanding your portfolio or searching for a smart house-hack opportunity, 413 Preston Street delivers dependable income and long-term appreciation potential.
Full Property Details
Full Property Details for 413 N Preston St
General
- Sold For: $450,000
- Taxes: $12,136 (2025)
- Status: Closed
- Type: Triplex
- Source: BrightMLSPhilly
- MLS ID: PAPH2568542
- Added to Site: 284 day(s) ago
Interior
- Number of Rooms: 9
Parking
- Parking Type: None
Location
- Area: 19104 (19104)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: .
School Information
- School District: Philadelphia City
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump - Electric BackUp
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Other
- Construction: Masonry
- Square Feet: 3,348
- Sq. Ft. Source: Assessor
- Living Area: 3,348 Sq. Ft.
- Finished Above Grnd: 3,348 Sq. Ft.
- Year Built: 1915
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 1,990
- Lot Size Source: Assessor
- Lot Dimensions: 21.00 x 95.00
- Zoning: RSA5
Financial Considerations
- Price Per Sq. Ft.: $138.59
- Assessment Year: 2025
- School Tax: $6,796
- City/TownTax: $5,339
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $867,000
- Tax Amount: $12,136
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 3348
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 101
Listed by JBMP Group, Maria A. Pacitti
Sold by KW Empower, Stephen M Kennedy
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Schools
Schools serving 413 N Preston St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Locke Alain School 4550 Haverford Avenue, Philadelphia, PA 19139 | K-8 | 0.5 mi |
West Philadelphia High School 4901 Chestnut Street, Philadelphia, PA 19139 | 9-12 | 0.8 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 413 N Preston St
Date
Details
Price
Change
Source
5/22/2026
Sold
$450,000
-3.02%
MLS
12/29/2025
Listed
$464,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
413 N Preston Street, Philadelphia, PA 19104 (MLS# PAPH2568542) is a Triplex property that was sold at $450,000 on May 22, 2026. Want to learn more about 413 N Preston Street? Do you have questions about finding other Triplex real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

