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$1,017,450
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Property Description
Income-producing five-unit building located in West Powelton Village. This well maintained property features fully occupied apartments with immediate rental income and convenient access to transit, universities, and major employment centers. Ideal opportunity for investors seeking steady cash flow in a strong rental market.
Full Property Details
Full Property Details for 423 N 40th St
General
- Sold For: $1,017,450
- Taxes: $15,442 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2580324
- Added to Site: 247 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: 19104 (19104)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: WEST POWELTON
- Driving Directions: gps
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Electric
- Water Heater: Electric, 60+ Gallon Tank
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Straight Thru, Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Fully Finished
- Foundation: Brick/Mortar, Concrete Perimeter
- Square Feet: 7,303
- Sq. Ft. Source: Estimated
- Living Area: 7,303 Sq. Ft.
- Finished Above Grnd: 7,303 Sq. Ft.
- Year Built: 2014
- Year Built Source: Estimated
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 2,875
- Lot Size Source: Estimated
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $145.15
- Assessment Year: 2025
- School Tax: $973
- City/TownTax: $800
- City/TownTax Freq: Annually
- Tax w/Assessment: $1,103,000
- Tax Amount: $15,442
- Tax Year: 2025
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant's Personal Property.
- Lot Number: 324
Listed by New Age Realty Group Inc, Nicole Caprario
Sold by KW Empower, Ernest Dodge III
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Schools
Schools serving 423 N 40th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Powel Samuel School 3610 Warren Street, Philadelphia, PA 19104 | K-4 | 0.5 mi |
Science Leadership Academy Middle School 3610 Warren Street, Philadelphia, PA 19104 | 5-8 | 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 423 N 40th St
Date
Details
Price
Change
Source
8/27/2026
Sold
$1,017,450
-4.01%
MLS
4/08/2026
Price Reduced
$1,060,000
-1.4%
MLS
3/13/2026
Price Reduced
$1,075,000
-2.27%
MLS
2/03/2026
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
423 N 40th Street, Philadelphia, PA 19104 (MLS# PAPH2580324) is a Townhouse property that was sold at $1,017,450 on August 27, 2026. Want to learn more about 423 N 40th 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.

