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$3,800,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 11 hours ago
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Newly constructed multifamily building in University City, just steps from Drexel and UPenn. This fully leased property offers 11 apartments with 33 bedrooms and 33 bathrooms over 1,460 SF of retail space. Each unit features private bathrooms, large living areas, and modern finishes. 10-year tax abatement. With an annual gross income of $322K, operating expense of $67k, and net income (NOI) of $255K, this property offers a strong 6.7% cap rate. Ideal for investors seeking a turnkey asset in a prime, high-demand location - UCITY - the fastest-growing rental submarket in Philadelphia, a Top-10 USA MSA (population) and Top-5 USA MSA for Life Sciences. The Eds & Meds economy powers this district and provides the community with insatiable, perennial rental demand, insulating investment properties for years to come.

Full Property Details for 619 N 35th St

General

  • Price: $3,800,000
  • Taxes: $8,398 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2586190
  • Updated: Today (2/20/2026)
  • Added to Site: Today

Rental Information

  • Lease Info: Yearly, Triple Net

Interior

  • Number of Rooms: 34
  • Flooring: Laminated, Vinyl

Parking

  • Parking Type: None

Location

  • Area: 19104 (19104)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Subdivision: UNIVERSITY CITY
  • Driving Directions: use 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

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Split Level, Unit/Flat
  • Structure Type: Other
  • Construction: Masonry, Concrete
  • Foundation: Concrete Perimeter, Other
  • Stories/Levels: 3
  • Square Feet: 13,822
  • Sq. Ft. Source: Estimated
  • Living Area: 13,822 Sq. Ft.
  • Finished Above Grnd: 13,822 Sq. Ft.
  • Year Built: 1920
  • Year Built Source: Estimated
  • Property Condition: Good

Unit Information

  • Other Units: Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,000
  • Lot Size Source: Estimated
  • Lot Dimensions: 60.00 x 100.00
  • Zoning: CMX2

Financial Considerations

  • Price Per Sq. Ft.: $274.92
  • Operating Expenses: $67,450
  • Assessment Year: 2024
  • School Tax: $4,703
  • County Tax Freq: Annually
  • Tax w/Assessment: $600,000
  • Tax Amount: $8,398
  • Tax Year: 2024
  • Owner Pays: Insurance, Pest Control, Repairs, Snow Removal, Taxes - Real Estate, Other

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Keller Williams Liberty Place, Or Aharon and Keller Williams Liberty Place, Ryan J McManus

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Listing agents

— 619 N 35th St —

  • Or Aharon

    Keller Williams Liberty Place

  • Ryan J McManus

    Keller Williams Liberty Place

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 619 N 35th St

School District:Philadelphia City School District
NameGradesDistance
Mcmichael Morton School
3543 Fairmount Avenue, Philadelphia, PA 19104
K-80.2 mi
West Philadelphia High School
4901 Chestnut Street, Philadelphia, PA 19139
9-121.5 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 619 N 35th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/20/2026
Listed
$3,800,000
322.22%
MLS
7/27/2021
Sold
$900,000
—
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 619 N 35th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,399
17%
$1,788,600
249%
2024
$7,181
6%
$513,000
100%
2021
$6,803
-19%
-100%
2023
$8,399
23%
$600,000
23%
2020
$6,803
1%
$486,000
1%
2019
$6,736
3%
$481,200
3%
2018
$6,540
-7%
$467,200
-7%
2017
$6,999
—
$500,000
—
2016
$6,999
4%
$500,000
—
2015
$6,700
-16%
$500,000
-16%
2014
$7,952
-15%
$593,400
518%
2013
$9,380
—
$96,000
—
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 619 N 35th 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 Keller Williams Liberty Place, Or Aharon and Keller Williams Liberty Place, Ryan J McManus

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619 N 35th Street, Philadelphia, PA 19104 (MLS# PAPH2586190) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 619 N 35th Street is currently listed for $3,800,000 and was received on February 20, 2026. Want to learn more about 619 N 35th 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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