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$725,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 5 hours ago
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601 N 39th Street, a fully vacant mixed-use multifamily property located in Philadelphia, PA 19104. The property consists of three units totaling approximately 3, 600 rentable square feet, including two three-bedroom apartments and one ground-floor commercial space on the corner of 39th street and Haverford Ave. The asset is being offered vacant, providing an investor with immediate control over leasing strategy, tenant mix, and rental positioning. All income, expense, and return metrics presented herein are pro forma and based on market-supported assumptions. At the price of $725,000, the property is projected to generate a pro forma Net Operating Income of approximately $46,284, representing a projected cap rate of 6.38% upon stabilization.

Full Property Details for 601 N 39th St

General

  • Price: $725,000
  • Taxes: $646 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2576864
  • Updated: 1/20/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 3

Parking

  • Parking Type: On Street

Location

  • Area: 19104 (19104)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Driving Directions: From Market Street → Head west on Market St toward N 40th St → Turn right onto N 39th St → Property is on the right side just north of Market St / near the University City area. Landmarks: Near the University of Pennsylvania / Drexel University area and just a short distance from the 37th St SEPTA station and major bus routes (city center access).

School Information

  • School District: Philadelphia City

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Private/Community Water

Structural Information

  • Architectural Style: Traditional
  • Structure Type: Other
  • Construction: Masonry
  • Stories/Levels: 3
  • Square Feet: 3,240
  • Sq. Ft. Source: Assessor
  • Living Area: 3,240 Sq. Ft.
  • Finished Above Grnd: 3,240 Sq. Ft.
  • Year Built: 2020
  • Year Built Source: Estimated
  • Property Condition: Excellent

Lot Features

  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,195
  • Lot Size Source: Assessor
  • Lot Dimensions: 16.00 x 75.00
  • Zoning: CMX1

Financial Considerations

  • Price Per Sq. Ft.: $223.77
  • Assessment Year: 2025
  • School Tax: $361
  • City/TownTax: $284
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $46,160
  • Tax Amount: $646
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 3240

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 74

Listed by Trophy Commercial Real Estate LLC, Saam Tashayyod

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Listing agent

— 601 N 39th St —

  • Saam Tashayyod

    Trophy Commercial Real Estate LLC

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 601 N 39th St

School District:Philadelphia City School District
NameGradesDistance
Mcmichael Morton School
3543 Fairmount Avenue, Philadelphia, PA 19104
K-80.4 mi
West Philadelphia High School
4901 Chestnut Street, Philadelphia, PA 19139
9-121.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 601 N 39th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/20/2026
Listed
$725,000
1511.11%
MLS
2/28/2013
Sold
$45,000
—
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 601 N 39th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$646
—
$230,800
—
2024
$646
-5%
$230,800
-5%
2023
$680
-32%
$243,000
100%
2021
$994
46%
-100%
2023
$680
457%
$48,600
459%
2020
$122
—
$8,700
—
2019
$122
—
$8,700
—
2018
$122
—
$8,700
—
2017
$122
—
$8,700
—
2016
$122
-92%
$8,700
-92%
2015
$1,455
—
$108,600
—
2014
$1,455
103%
$108,600
1382%
2013
$716
—
$7,328
—
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 601 N 39th 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

Get Pre-Approved

Listed by Trophy Commercial Real Estate LLC, Saam Tashayyod

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601 N 39th Street, Philadelphia, PA 19104 (MLS# PAPH2576864) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 601 N 39th Street is currently listed for $725,000 and was received on January 20, 2026. Want to learn more about 601 N 39th Street? Do you have questions about finding other Multi-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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