Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$975,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3,066 Sq. Ft.
  • Updated 12 hours ago
See This Home
Save This Home
See This Home
Save This Home
Fantastic opportunity to acquire a newer-construction, tax-abated quadruplex at 616 N 42nd Street. This modern multifamily investment features four residential units consisting of two 1-bedroom apartments and two 2-bedroom apartments, offering an attractive unit mix and multiple streams of rental income. The combination of newer construction and an existing tax abatement makes this an especially appealing opportunity for investors. Modern construction and systems can help minimize near-term capital expenditures and maintenance, while the tax abatement helps reduce operating expenses and strengthen the property's income potential. The mix of one- and two-bedroom apartments provides broad rental appeal, while the property's location offers convenient access to public transportation, neighborhood amenities, universities, and major routes throughout Philadelphia. Whether you're expanding an existing portfolio or looking for a newer multifamily asset with favorable tax benefits, 616 N 42nd Street offers an excellent opportunity for long-term investment and income growth.

Full Property Details for 616 N 42nd St

General

  • Price: $975,000
  • Taxes: $2,800 (2026)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2679454
  • Updated: 10/13/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Lease Info: Yearly
  • Rent Control: Yes

Interior

  • Number of Rooms: 14
  • Flooring: Hardwood, Ceramic Tile

Exterior

  • Porch/Patio/Deck: Balcony, Patio(s)

Parking

  • Parking Type: None

Location

  • Area: 19104 (19104)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Subdivision: PHILADELPHIA (WEST)
  • Cross Streets: N 42nd St & Fairmount Ave
  • Driving Directions: From Lancaster Avenue, turn onto N 42nd Street and continue to 616 N 42nd Street, Philadelphia, PA 19104

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
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Contemporary
  • Structure Type: Detached
  • Construction: Concrete, Brick, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Concrete Perimeter
  • Roof: Flat, Rubber
  • Walls/Ceilings: Dry Wall
  • Square Feet: 3,066
  • Sq. Ft. Source: Estimated
  • Living Area: 3,066 Sq. Ft.
  • Finished Above Grnd: 3,066 Sq. Ft.
  • Year Built: 2021
  • Year Built Source: Estimated
  • Property Condition: Excellent

Unit Information

  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,728
  • Lot Size Source: Assessor
  • Zoning: RM1

Financial Considerations

  • Price Per Sq. Ft.: $318
  • Assessment Year: 2025
  • School Tax: $1,019
  • City/TownTax: $801
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $700,000
  • Tax Amount: $2,800
  • Tax Year: 2026
  • Owner Pays: Water, Trash Collection, Insurance, Taxes - Real Estate, Snow Removal, Sewer
  • Tax Total Finished Sq. Ft.: 3236

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 161

Listed by Keller Williams Main Line, Denise A Frazier

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 616 N 42nd St —

  • Denise A Frazier

    Keller Williams Main Line

Listing Office Email: info@mainlinekw.com

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 616 N 42nd St

School District:Philadelphia City School District
NameGradesDistance
Locke Alain School
4550 Haverford Avenue, Philadelphia, PA 19139
K-80.3 mi
West Philadelphia High School
4901 Chestnut Street, Philadelphia, PA 19139
9-120.7 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 616 N 42nd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/13/2026
Listed
$975,000
1552.54%
MLS
3/15/2021
Sold
$59,000
—
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 616 N 42nd St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,800
—
$455,400
-35%
2025
$2,800
-32%
$700,000
139%
2024
$4,096
71%
$292,600
71%
2023
$2,401
66%
$171,500
100%
2021
$1,447
—
-100%
2020
$1,447
4%
$103,400
4%
2019
$1,394
—
$99,600
—
2018
$1,401
—
$100,100
—
2017
$1,401
—
$100,100
—
2016
$1,401
4%
$100,100
—
2015
$1,341
—
$100,100
—
2014
$1,341
248%
$100,100
2443%
2013
$385
—
$3,936
—
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 616 N 42nd St

$
Down Payment
%
$
%

$
$

*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 Keller Williams Main Line, Denise A Frazier

Similar Properties near 616 N 42nd St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3627 Powelton Ave, Philadelphia, PA 19104 - Photo 1
$985,000

3627 Powelton Ave  Philadelphia, PA 19104

  • Single Family
  • Active
  • 3,612
    Sq. Ft.
Listed by Realty ONE Group Focus, Nelson Sinanaj
4815 Chester Ave, Philadelphia, PA 19143 - Photo 1
$1,000,000

4815 Chester Ave  Philadelphia, PA 19143

  • Single Family
  • Active
  • 5,976
    Sq. Ft.
Listed by Loonstyn Brothers Realty LLC, Joseph M. Loonstyn Jr.
1682 N 54th St, Philadelphia, PA 19131 - Photo 1
$925,000

1682 N 54th St  Philadelphia, PA 19131

  • Single Family
  • Active
  • Updated 13 days ago
  • 4,672
    Sq. Ft.
Listed by KW Empower, Asa Kurland and Keller Williams Main Line, Majd Zeidan
2118 W Oxford St, Philadelphia, PA 19121 - Photo 1
$950,000

2118 W Oxford St  Philadelphia, PA 19121

  • Single Family
  • Active
  • 3,505
    Sq. Ft.
Listed by Giraldo Real Estate Group, Alex Gao

Just Listed near 616 N 42nd St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

518 Jefferson St, Camden, NJ 08104 - Photo 1 Just Listed
$159,000

518 Jefferson St  Camden, NJ 08104

  • Townhouse
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 942
    Sq. Ft.
Listed by Real Broker, LLC, Michelle Greco
687 Fairview St, Camden, NJ 08104 - Photo 1 Just Listed
$59,900

687 Fairview St  Camden, NJ 08104

  • Townhouse
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,195
    Sq. Ft.
Listed by Keller Williams - Main Street, Patrick M Gorman
2113 Federal St, Camden, NJ 08105 - Photo 1 Just Listed
$4,900

2113 Federal St  #UNIT A  Camden, NJ 08105

  • Commercial Lease
  • Active
Listed by First Advantage Realty II LLC, Heigly N. Ortiz
832 S 4th St, Camden, NJ 08103 - Photo 1 Just Listed
$795,000

832 S 4th St  Camden, NJ 08103

  • Commercial Institutional
  • Active
Listed by BHHS Fox & Roach-Mullica Hill South, Kenneth J McIlvaine and BHHS Fox & Roach-Mullica Hill South, Wanda L McIlvaine

Price Reduced near 616 N 42nd St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

771 Ramona Gonzalez St, Camden, NJ 08103 - Photo 1 Price Reduced
-$2,500 (-1.27%)
$195,000

771 Ramona Gonzalez St  Camden, NJ 08103

  • Single Family
  • Active
  • Updated 6 days ago
  • 2
    Beds
  • 1
    Total Bath
  • 952
    Sq. Ft.
Listed by Keller Williams - Main Street, Patrick M Gorman
678 Florence St, Camden, NJ 08104 - Photo 1 Price Reduced
-$25,000 (-9.09%)
$250,000

678 Florence St  Camden, NJ 08104

  • Commercial Institutional
  • Active
Listed by EXP Realty, LLC, Carlo Drogo Sr.
603 Berkley St, Camden, NJ 08103 - Photo 1 Price Reduced
-$9,100 (-2.94%)
$299,900

603 Berkley St  Camden, NJ 08103

  • Townhouse
  • Active
  • Updated 10 hours ago
  • 6
    Beds
  • 2
    Total Baths
  • 2,169
    Sq. Ft.
Listed by Keller Williams - Main Street, Patrick M Gorman
521 N 2nd St, Camden, NJ 08102 - Photo 1 Price Reduced
-$15,000 (-3.53%)
$410,000

521 N 2nd St  Camden, NJ 08102

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 4
    Total Baths
  • 2,634
    Sq. Ft.
Listed by Ovation Realty LLC, Danielle Marina Dupont

616 N 42nd Street, Philadelphia, PA 19104 (MLS# PAPH2679454) is a Single Family property with 0 bedrooms and 0 full bathrooms. 616 N 42nd Street is currently listed for $975,000 and was received on October 13, 2026. Want to learn more about 616 N 42nd Street? Do you have questions about finding other Single Family real estate for sale in Belmont? You can browse all Belmont real estate or contact a Coldwell Banker agent to request more information.

Tour this property