Located in the vibrant University City neighborhood, this turnkey multifamily property offers an incredible opportunity for both investors and owner-occupants. Just steps from Drexel University, Penn, and major hospitals, it’s in one of Philadelphia’s most desirable and consistently growing rental markets.
Unit 1 is a spacious 2-bedroom, 1-bathroom apartment currently rented for $1,600/month. It features an updated kitchen and bathroom, along with exclusive access to a large private backyard, perfect for outdoor relaxation and entertaining.
Unit 2 is a bi-level 3-bedroom, 2-bathroom residence currently rented for $2,200/month. The open-concept living and dining areas flow seamlessly to a private balcony through sliding glass doors, creating an airy and inviting space. The oversized primary bedroom is located on the main floor, while the upper level offers two additional bedrooms and a full bath. Original architectural details add to the property’s charm and character.
With consistent rental history and zero vacancy, this property is exceptionally easy to lease thanks to its prime location near universities, hospitals, and cultural institutions. Whether you’re seeking a reliable cash-flowing investment or planning to live in one unit and rent out the other, this property is a rare find in Powelton Village.
Listed by Reda B Akbil
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License #RS337002
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Compass Pennsylvania, LLC
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2672051369
Last updated October 06, 2025
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Source: BrightMLS #PAPH2540218
Listing Facts
TypeMulti-family
NeighborhoodMantua
Days on Prevu17
Taxes$6,128/year
Size2,072 sqft
Price per sqft$265
Location
Mortgage Calculator
Listing History
10/06/2025
Listed by Compass Pennsylvania, LLC
$549,000
Property Details for 3816 Spring Garden Street
Exterior
Construction
New Construction: No
Number Of Units Total: 1
Year Built: 1920
Architectural Style: Other
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.04
Lot Size Dimensions: 16
Lot Size Source: Assessor
Lot Size Square Feet: 1,712
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $6,128.00
Tax Year: 2025
Interior
Features
Fireplace: No
Measurements
Living Area: 2,072
Living Area Source: Assessor
Other
Location
Tax Lot: 196
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Ductless/Mini-Split
Heating: Other
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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