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329 N 40TH StreetPhiladelphia, PA 19104

For Sale

$1,750,000

Smart Buyer Rebate $17,500

This is new construction done five years ago. There are 6 apartments with 20 bedrooms and 17 bathrooms. Walking distance to UPenn and Drexel. It still has close to 5 years of tax abatement. Fully furnished apartments. Fully rented each year. Great cash flow with 10% to 20% rent increase potential. Contact me for tour.

Listed by Nanxing Wei

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License #AB068621

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Panphil Realty, LLC

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2153323089

Last updated December 10, 2025

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Source: BrightMLS #PAPH2398888

Listing Facts

  • TypeMulti-family
  • NeighborhoodWest Powelton
  • Days on Prevu449
  • Taxes$2,520/year
  • Size8,000 sqft
  • Price per sqft$219

Location

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Listing History

03/19/2025
Price Decreased
$1,750,000
09/19/2024
Listed by Panphil Realty, LLC
$1,850,000

Property Details for 329 N 40TH Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 4
  • Property Condition: Excellent
  • Year Built: 2018
  • Architectural Style: Other
  • Construction Materials: Brick

Features

  • Other Structures: Above Grade
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.06
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 2,754
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $2,520.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 8,000
  • Living Area Source: Estimated

Rooms

  • Basement: Full
  • Has Basement: Yes
  • Rooms Total: 20

Other

Location

  • Subdivision Name: UNIVERSITY CITY
  • Tax Lot: 173

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Forced Air
  • 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 329 N 40TH Street.

What are the annual taxes for 329 N 40TH Street?

Annual taxes for this multi-family home are estimated at $2,520.

How does 329 N 40TH Street compare to other multi-family homes in West Powelton?

This multi-family home is listed 57% above the average price for multi-family homes in West Powelton and has been on the market for 349 more 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 8,000 sqft.

329 N 40TH Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19104. On Prevu for 449 days at $1,750,000. This includes a recent price decrease of $100,000. This residence features 8,000 square feet of living space, located in West Powelton. The median listing price for multi-family homes in this area is $450,000. Browse more multi-family home listings in Philadelphia.

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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.