643 N Preston Street, Philadelphia, PA 19104 - Photo 1

1/1

$240,000

Sold
Closed
Townhouse
2,580 Sq. Ft.

1/1

Property Description

Located in the heart of Philadelphia's booming University City neighborhood, this is an exceptional opportunity for investors, developers, and builders to capitalize on one of the city's fastest-growing areas. Positioned along the highly visible Lancaster Avenue commercial corridor, the property offers incredible potential for redevelopment and long-term appreciation. There are so many new constructions on the block; come and be the next developer. The work has been made easy for you. The building has already been framed for a three-unit layout, featuring spacious two-bedroom units on the second and third floors. The first floor was previously approved for restaurant use, though buyers should verify the current status of any permits with the city. Surrounded by strong rental demand driven by students from Drexel University and the University of Pennsylvania, as well as young professionals, this location is primed for continued growth. The ongoing expansion of Schuylkill Yards is expected to further transform the area and increase property values for years to come. Whether you're looking to develop 3 apartments or create a mixed-use investment property, this property presents endless possibilities in a rapidly appreciating market. No power in the building. So, please bring a flashlight with you. Don't miss this rare investment opportunity - submit your offer today!

Full Property Details

Full Property Details for 643 N Preston St

General

Sold For: $240,000
Taxes: $1,979 (2025)
Status: Closed
Type: Townhouse
Source: BrightMLSPhilly
MLS ID: PAPH2621198
Added to Site: 149 day(s) ago

Interior

Interior Features: Other
Flooring: Rough-In

Exterior

Exterior Features: Sidewalks, Street Lights
Porch/Patio/Deck: Patio(s)

Parking

Parking Type: On Street

Location

Area: 19104 (19104)
Municipality: PHILADELPHIA
County: PHILADELPHIA
Subdivision: UNIVERSITY CITY
Cross Streets: Lancaster Avenue
Driving Directions: The building is at the corner of N Preston Street and Lancaster Avenue, next to the church.
Location Details: Urban

School Information

School District: Philadelphia City

Heating & Cooling

Cooling Type: None
Heating Type: None
Water Heater: None

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Traditional
Structure Type: Interior Row/Townhouse
Construction: Masonry
Basement: Yes
Basement Desc.: Interior Access, Walkout Stairs
Foundation: Concrete Perimeter
Walls/Ceilings: High
Square Feet: 2,580
Sq. Ft. Source: Assessor
Living Area: 2,580 Sq. Ft.
Finished Above Grnd: 2,580 Sq. Ft.
Year Built: 1925
Year Built Source: Assessor
Property Condition: Very Good

Unit Information

Other Units: Unit 1, Unit 1

Lot Features

Property View: Street
Lot Size (Acres): 0.03
Lot Size (Sq. Ft.): 1,386
Lot Size Source: Assessor
Lot Dimensions: 18.00 x 77.00
Zoning: RM1
Lot Description: Rear Yard

Financial Considerations

Price Per Sq. Ft.: $96.9
Assessment Year: 2026
School Tax: $1,108
City/TownTax: $870
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $141,400
Tax Amount: $1,979
Tax Year: 2025
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 2580

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 109

Listed by Keller Williams Realty Group, Eric D Feinberg
Sold by Realty Mark Associates, WALAA ELDIN ELABSY

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Listing agent

— 643 N Preston St —

Eric D Feinberg

Keller Williams Realty Group

Listing Office Email: teresekw@gmail.com

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Schools

Schools serving 643 N Preston St

School District:Philadelphia City School District

Name	Grades	Distance
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 643 N Preston St

Date

Details

Price

Change

Source

9/24/2026

Sold

$240,000

-4%

MLS

5/14/2026

Listed

$250,000

—

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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643 N Preston Street, Philadelphia, PA 19104 (MLS# PAPH2621198) is a Townhouse property that was sold at $240,000 on September 24, 2026. Want to learn more about 643 N Preston 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.

643 N Preston St Philadelphia, PA 19104