A rare opportunity to own a fully rented, well-maintained triplex in the heart of University City. Each of the three units offers 3 bedrooms and 1 bathroom, combining spacious layouts with updated finishes and consistent rental demand. Unit 1: $1,400/month, Unit 2: $1,565/month, Unit 3: $1,100/month. All leases are secured through July 2026, providing immediate and reliable cash flow from day one.
The property has been thoughtfully updated and cared for by ownership, ensuring smooth operation and low maintenance. Ideal for an investor seeking strong returns or an owner-occupant looking to live affordably, you can occupy one unit and let the other two cover your mortgage.
Located near UPenn and Drexel University, this property sits in one of Philadelphia’s most desirable rental markets, surrounded by universities, hospitals, and public transportation.
Whether you’re expanding your portfolio or searching for a smart house-hack opportunity, 413 Preston Street delivers dependable income and long-term appreciation potential.
Listed by Jonathan Beaulieu
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License #RS340996
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JBMP Group
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2159672668
Last updated October 22, 2025
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Source: BrightMLS #PAPH2549140
Listing Facts
TypeMulti-family
NeighborhoodWest Powelton
Days on Prevu2
Taxes$12,136/year
Size3,348 sqft
Price per sqft$139
Location
Mortgage Calculator
Listing History
10/22/2025
Listed by JBMP Group
$464,000
Property Details for 413 N Preston Street
Exterior
Construction
New Construction: No
Number Of Units Total: 3
Year Built: 1915
Architectural Style: Other
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.05
Lot Size Dimensions: 21
Lot Size Source: Assessor
Lot Size Square Feet: 1,990
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $12,136.00
Tax Year: 2025
Interior
Features
Fireplace: No
Measurements
Living Area: 3,348
Living Area Source: Assessor
Rooms
Rooms Total: 9
Other
Location
Tax Lot: 101
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Central A/C
Heating: Heat Pump - Electric Back Up
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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