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322 N 42nd StreetPhiladelphia, PA 19104

For Sale

$409,000

Smart Buyer Rebate $4,090

Move in Ready Home with Endless Potential in University City!

Rare opportunity for investors, students, faculty, or first time home buyers. 322 N 42nd St is a thoughtfully updated 3 bedroom, 2.5 bath home offering versatile living in University City. With a 16 ft wide layout, 2 outdoor spaces, and a brand new roof (2025) this home blends modern updates and functional living spaces, offering comfort, convenience, and strong rental potential.

Inside, the open concept living area features soaring ceilings, abundant natural light, a fireplace, and a striking exposed brick accent wall. Pour yourself a glass of wine from the wine fridge and step outside to a large private fenced patio, perfect for outdoor dining, grilling, or simply relaxing.

The chef-inspired kitchen impresses with quartz countertops, soft-close cabinetry, stainless steel appliances, a wine fridge, and a 6 ft island ideal for gatherings. A powder room and dedicated laundry complete the first floor.

Upstairs, the primary suite offers a tray ceiling and ensuite bath, while 2 additional bedrooms provide flexible space for guests, home offices, or shared living, complemented by a hall bath. The full basement features all new recent electric, plumbing, and HVAC systems.

This home qualifies for the Drexel Home Purchase Assistance Program ($15,000 forgivable loan) and the UPenn Closing Cost Reduction Program, making it especially appealing to university staff. With a proven rental history, including successful student tenancy, this home adds an extra layer of investment appeal.

Ideally located near Drexel University, University of Pennsylvania, CHOP, major medical centers, and with easy access to I-76 and the Market-Frankford Line, this home puts the city at your doorstep.

Don’t miss this rare University City opportunity with endless possibilities!

Listed by Erin Larkin

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License #RS356966

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Elfant Wissahickon Realtors

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2156225122

Last updated June 11, 2026

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Source: BrightMLS #PAPH2603714

Listing Facts

  • TypeSingle-family
  • NeighborhoodWest Powelton
  • Bedrooms3
  • Bathrooms3
  • Days on Prevu66
  • Taxes$4,206/year
  • Size1,510 sqft
  • Price per sqft$271

Amenities

  • Parking

Location

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Listing History

05/20/2026
Status changed to Active
$409,000
04/28/2026
Status changed to In Contract
$409,000
04/10/2026
Listed by Elfant Wissahickon Realtors
$409,000

Property Details for 322 N 42nd Street

Exterior

Construction

  • New Construction: No
  • Year Built: 1925
  • Architectural Style: Air Lite
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.03
  • Lot Size Dimensions: 16
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,280
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $4,206.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 1,510
  • Living Area Source: Assessor

Rooms

  • Basement: Fully Finished
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3

Other

Features

  • Accessibility Features: Level Entry - Main

General

  • Senior Community: No

Location

  • Subdivision Name: UNIVERSITY CITY
  • Tax Lot: 3011

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C, Ceiling Fan(s)
  • Heating: 90% Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 3 bedrooms and 3 bathrooms in this single-family home at 322 N 42nd Street.

What are the annual taxes for 322 N 42nd Street?

Annual taxes for this single-family home are estimated at $4,206.

How does 322 N 42nd Street compare to other single-family homes in West Powelton?

This single-family home is listed 9% below the average price for single-family homes in West Powelton and has been on the market for 34 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 1,510 sqft.

322 N 42nd Street is a 3-bedroom, 3-bath single-family home for sale in PHILADELPHIA PA 19104. Available on Prevu for 66 days at $409,000. This residence features 1,510 square feet of living space, located in West Powelton. The median listing price for single-family homes in this area is $450,000. Additional amenities include parking. Browse more single-family home listings in Philadelphia.

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.