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416 N 31st StreetPhiladelphia, PA 19104

For Sale

$600,000

Smart Buyer Rebate $6,000

Income-producing student rental opportunity in the heart of Powelton Village near Drexel University. 416 N 31st Street is a 6-bedroom, 2-bath property fully leased through August 31, 2026 at $4,600 per month, offering stable rental income in a highly desirable university neighborhood. The home offers a practical layout designed for student housing with large bedrooms, shared living areas, a full kitchen, and two full bathrooms. Its close proximity to Drexel University, the University of Pennsylvania, public transportation, and neighborhood amenities ensures strong and consistent rental demand. The property has experienced 100% occupancy with no meaningful vacancy history, making it a reliable investment opportunity. With low operating expenses, low property taxes, and low insurance costs, this property offers investors strong cash-flow potential in one of Philadelphia’s most established student rental markets.
Current Lease: $4,600/month through 8/31/2026. Annual Gross Rent: $55,200. Offered at $600,000

Listed by Frank L DeFazio

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License #RS299840

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BHHS Fox & Roach-Center City Walnut

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6106364364

Last updated March 18, 2026

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Source: BrightMLS #PAPH2595382

Listing Facts

  • TypeSingle-family
  • NeighborhoodPowelton
  • Bedrooms6
  • Bathrooms2
  • Days on Prevu45
  • Taxes$6,916/year
  • Size1,350 sqft
  • Price per sqft$444

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/27/2026
Status changed to Active
$600,000
03/26/2026
Status changed to Removed from Feed
$600,000
03/18/2026
Listed by BHHS Fox & Roach-Center City Walnut
$600,000

Property Details for 416 N 31st Street

Exterior

Construction

  • New Construction: No
  • Year Built: 1920
  • Architectural Style: Other, A-Frame
  • 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: 21
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,672
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $6,916.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 1,350
  • Living Area Source: Assessor

Rooms

  • Basement: Full
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 6
  • Main Level Bedrooms: 6

Other

General

  • Senior Community: No

Location

  • Subdivision Name: POWELTON VILLAGE
  • Tax Lot: 17

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Other
  • Heating: Other
  • 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 6 bedrooms and 2 bathrooms in this single-family home at 416 N 31st Street.

What are the annual taxes for 416 N 31st Street?

Annual taxes for this single-family home are estimated at $6,916.

How does 416 N 31st Street compare to other single-family homes in Powelton?

This single-family home is listed 41% below the average price for single-family homes in Powelton and has been on the market for 73 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 1,350 sqft.

416 N 31st Street is a 6-bedroom, 2-bath single-family home for sale in PHILADELPHIA PA 19104. On Prevu for 45 days at $600,000. This home features 1,350 square feet of living space, located in Philadelphia. The median listing price for single-family homes in this area is $1,197,500. Additional amenities include parking. Browse more single-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.