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$250,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 2,580 Sq. Ft.
  • Updated 3 hours ago
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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 for 643 N Preston St

General

  • Price: $250,000
  • Taxes: $1,979 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2621198
  • Updated: Today (5/14/2026)
  • Added to Site: Today

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

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
  • Tax Total Finished Sq. Ft.: 2580

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 109

Listed by Keller Williams Realty Group, Eric D Feinberg

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Listing agent

— 643 N Preston St —

  • Eric D Feinberg

    Keller Williams Realty Group

Listing Office Email: teresekw@gmail.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 643 N Preston St

School District:Philadelphia City School District
NameGradesDistance
West Philadelphia High School
4901 Chestnut Street, Philadelphia, PA 19139
9-120.9 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/14/2026
Listed
$250,000
400%
MLS
7/09/2015
Sold
$50,000
—
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 643 N Preston St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,979
—
$141,400
—
2024
$1,979
74%
$141,400
100%
2021
$1,135
12%
-100%
2023
$1,011
-11%
$72,200
-11%
2020
$1,135
1%
$81,100
1%
2019
$1,124
3%
$80,300
3%
2018
$1,092
-6%
$78,000
-6%
2017
$1,165
—
$83,200
—
2016
$1,165
4%
$83,200
—
2015
$1,115
—
$83,200
—
2014
$1,115
210%
$83,200
2161%
2013
$360
—
$3,680
—
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 643 N Preston 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 Realty Group, Eric D Feinberg

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643 N Preston Street, Philadelphia, PA 19104 (MLS# PAPH2621198) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 643 N Preston Street is currently listed for $250,000 and was received on May 14, 2026. Want to learn more about 643 N Preston Street? Do you have questions about finding other Townhouse real estate for sale in Belmont? You can browse all Belmont real estate or contact a Coldwell Banker agent to request more information.

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