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$600,000

  • For Sale
  • Active
  • Single Family
  • 6 Beds
  • 2 Full Baths
  • 1,350 Sq. Ft.
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Income-producing student rental opportunity in the heart of Powelton Village near Drexel University. 416 N 31st Street is a 6-bedroom, 2-bath property fully leased through August 31, 2026 at $4,600 per month, offering stable rental income in a highly desirable university neighborhood. The home offers a practical layout designed for student housing with large bedrooms, shared living areas, a full kitchen, and two full bathrooms. Its close proximity to Drexel University, the University of Pennsylvania, public transportation, and neighborhood amenities ensures strong and consistent rental demand. The property has experienced 100% occupancy with no meaningful vacancy history, making it a reliable investment opportunity. With low operating expenses, low property taxes, and low insurance costs, this property offers investors strong cash-flow potential in one of Philadelphia's most established student rental markets. Current Lease: $4,600/month through 8/31/2026. Annual Gross Rent: $55,200. Offered at $600,000

Full Property Details for 416 N 31st St

General

  • Price: $600,000
  • Taxes: $6,916 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2595382
  • Updated: 3/18/2026
  • Added to Site: 14 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 2
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 6
  • Bedrooms Main & Up: 6

Parking

  • Parking Type: Off Street

Location

  • Area: 19104 (19104)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Subdivision: POWELTON VILLAGE
  • Driving Directions: Use GPS

School Information

  • School District: Philadelphia City

Heating & Cooling

  • Cooling Type: Other
  • Cooling Fuel: Electric
  • Heating Type: Other
  • Heating Fuel: Electric
  • Water Heater: Other

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Other, A-Frame
  • Structure Type: Twin/Semi-Detached
  • Construction: Masonry
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Other
  • Stories Description: Main
  • Square Feet: 1,350
  • Sq. Ft. Source: Assessor
  • Living Area: 1,350 Sq. Ft.
  • Finished Above Grnd: 1,350 Sq. Ft.
  • Year Built: 1920
  • Year Built Source: Assessor

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,672
  • Lot Size Source: Assessor
  • Lot Dimensions: 21.00 x 80.00
  • Zoning: RM1

Financial Considerations

  • Price Per Sq. Ft.: $444.44
  • Assessment Year: 2026
  • County Tax Freq: Annually
  • Tax w/Assessment: $494,100
  • Tax Amount: $6,916
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 1350

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 17

Listed by BHHS Fox & Roach-Center City Walnut, Frank L DeFazio

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Listing agent

— 416 N 31st St —

  • Frank L DeFazio

    BHHS Fox & Roach-Center City Walnut

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 416 N 31st St

School District:Philadelphia City School District
NameGradesDistance
Powel Samuel School
3610 Warren Street, Philadelphia, PA 19104
K-40.5 mi
Science Leadership Academy Middle School
3610 Warren Street, Philadelphia, PA 19104
5-80.5 mi
West Philadelphia High School
4901 Chestnut Street, Philadelphia, PA 19139
9-121.7 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 416 N 31st St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/18/2026
Listed
$600,000
35.59%
MLS
9/29/2016
Sold
$442,500
—
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 416 N 31st St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,916
—
$494,100
—
2024
$6,916
79%
$494,100
100%
2021
$3,862
-39%
-100%
2023
$6,295
63%
$449,700
63%
2020
$3,862
4%
$275,900
4%
2019
$3,723
10%
$266,000
10%
2018
$3,383
—
$241,700
—
2017
$3,383
—
$241,700
—
2016
$3,383
4%
$241,700
—
2015
$3,239
—
$241,700
—
2014
$3,239
297%
$241,700
2794%
2013
$816
—
$8,352
—
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 416 N 31st 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

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Listed by BHHS Fox & Roach-Center City Walnut, Frank L DeFazio

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416 N 31st Street, Philadelphia, PA 19104 (MLS# PAPH2595382) is a Single Family property with 6 bedrooms and 2 full bathrooms. 416 N 31st Street is currently listed for $600,000 and was received on March 18, 2026. Want to learn more about 416 N 31st Street? Do you have questions about finding other Single Family 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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