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327 N 40TH StreetPhiladelphia, PA 19104

For Sale

$1,850,000

Smart Buyer Rebate $18,500

327 N 40th Street is a fully stabilized six-unit multifamily property located in the heart of West
Powelton Village, adjacent to University City, Philadelphia. Constructed in 2018, the building features large, high-yielding units with premium finishes, private outdoor spaces, and in-unit laundry. The unit mix includes a majority of larger-than-average four-bedroom units, along with two- and threebedroom
units. Positioned just blocks from UPenn, Drexel University, Penn Presbyterian
Medical Center, and the Market-Frankford Line, 327 N 40th offers an investor secure long-term returns in one of the city’s strongest rental corridors. The property is currently fully leased and generates $14,746/month in gross income. Offered at a 7.74% cap rate, the building has over 3 years on the
remaining tax abatement and $238/SF, this is a rare opportunity to acquire a stabilized, income-generating property in a premier university-adjacent submarket.

Listed by Saam Tashayyod

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Trophy Commercial Real Estate LLC

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2156085745

Last updated September 15, 2025

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Source: BrightMLS #PAPH2537876

Listing Facts

  • TypeMulti-family
  • NeighborhoodWest Powelton
  • Days on Prevu88
  • Taxes$2,358/year
  • Size2,950 sqft
  • Price per sqft$627

Location

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Listing History

09/15/2025
Listed by Trophy Commercial Real Estate LLC
$1,850,000

Property Details for 327 N 40TH Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 1
  • Stories Total: 3
  • Year Built: 2017
  • Architectural Style: Other
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.07
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 3,049
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $2,358.00
  • Tax Year: 2024

Interior

Measurements

  • Living Area: 2,950
  • Living Area Source: Estimated

Other

Location

  • Tax Lot: 209

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 327 N 40TH Street.

What are the annual taxes for 327 N 40TH Street?

Annual taxes for this multi-family home are estimated at $2,358.

How does 327 N 40TH Street compare to other multi-family homes in West Powelton?

This multi-family home is listed 66% above the average price for multi-family homes in West Powelton and has been on the market for 12 less days than the typical home in this area.

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

According to the MLS, this listing is 2,950 sqft.

327 N 40TH Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19104. On Prevu for 88 days at $1,850,000. This home features 2,950 square feet of living space, located in West Powelton. The median listing price for multi-family homes in this area is $450,000. Explore more multi-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.