601 N 39th Street, Philadelphia, PA 19104 - Photo 1

1/1

$631,000

Sold
Closed
Multi-Family

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Property Description

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 $695,000, the property is projected to generate a pro forma Net Operating Income of approximately $47,909, representing a projected cap rate of 6.89% upon stabilization.

Full Property Details

Full Property Details for 601 N 39th St

General

Sold For: $631,000
Taxes: $646 (2025)
Status: Closed
Type: Multi-Family
Source: BrightMLSPhilly
MLS ID: PAPH2576864
Added to Site: 157 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 â†’ Head west on Market St toward N 40th St â†’ Turn right onto N 39th St â†’ 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.: $214.51
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
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 3240

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 74

Listed and Sold 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

Listing Office Email: saam@trophycommercial.com

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Schools

Schools serving 601 N 39th St

School District:Philadelphia City School District

Name	Grades	Distance
Mcmichael Morton School 3543 Fairmount Avenue, Philadelphia, PA 19104	K-8	0.4 mi
West Philadelphia High School 4901 Chestnut Street, Philadelphia, PA 19139	9-12	1.1 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 601 N 39th St

Date

Details

Price

Change

Source

4/30/2026

Sold

$631,000

-9.21%

MLS

2/13/2026

Price Reduced

$695,000

-4.14%

MLS

1/20/2026

Listed

$725,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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601 N 39th Street, Philadelphia, PA 19104 (MLS# PAPH2576864) is a Multi-Family property that was sold at $631,000 on April 30, 2026. Want to learn more about 601 N 39th Street? Do you have questions about finding other Multi-Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

601 N 39th St Philadelphia, PA 19104