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$705,000
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Property Description
Amazing investment opportunity. This modern, fully occupied 3-unit building also offers a built-in garage. The 8-bedroom multi-family property is situated in the highly sought-after West Powelton neighborhood of Philadelphia. Just a short walk from the University of Pennsylvania and Drexel University, ensuring consistent demand from students and professionals. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and includes a tax abatement through 2026. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes two (2) two-bedroom, one or two-bathroom units and one (1) four-bedroom, four-bathroom unit. The units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, and much more. Don't miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. Seven property portfolio, can be purchased individually or as a full / partial portfolio (4008, 4010, 4032 & 416-18 N. Wiota Street, 508 Budd Street, 1537 Swain Street and 1802 N. 5th Street).
Full Property Details
Full Property Details for 416 N Wiota St
General
- Sold For: $705,000
- Taxes: $5,853 (2024)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2461002
- Added to Site: 391 day(s) ago
Parking
- Parking Type: None
Location
- Area: 19104 (19104)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: WEST POWELTON
- Driving Directions: From Market Street to Lancaster Avenue to Baring Street to right on Wiota Street
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air, Heat Pump(s)
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Straight Thru
- Structure Type: End of Row/Townhouse
- Construction: Masonry
- Foundation: Slab
- Square Feet: 4,080
- Sq. Ft. Source: Assessor
- Living Area: 4,080 Sq. Ft.
- Finished Above Grnd: 4,080 Sq. Ft.
- Year Built: 2015
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2, Unit 3
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 2,924
- Lot Size Source: Assessor
- Lot Dimensions: 30.00 x 97.00
- Zoning: RSA5
Financial Considerations
- Price Per Sq. Ft.: $183.82
- Assessment Year: 2025
- School Tax: $3,278
- City/TownTax: $2,575
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $418,186
- Tax Amount: $5,853
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 4080
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 160
Listed by KW Empower, Steven Onesti
Sold by KW Empower, Gaurav Gambhir and KW Empower, Tyler Hopp
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Schools
Schools serving 416 N Wiota 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 | 0.9 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 416 N Wiota St
Date
Details
Price
Change
Source
3/25/2026
Sold
$705,000
-6%
MLS
1/26/2026
Price Reduced
$750,000
-4.46%
MLS
10/07/2025
Price Reduced
$785,000
-1.26%
MLS
7/02/2025
Price Reduced
$795,000
-0.62%
MLS
3/24/2025
Listed
$800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
416 N Wiota Street, Philadelphia, PA 19104 (MLS# PAPH2461002) is a Townhouse property that was sold at $705,000 on March 25, 2026. Want to learn more about 416 N Wiota 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.

