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423 N 40TH StreetPhiladelphia, PA 19104

For Sale

$1,075,000

Smart Buyer Rebate $10,750

Income-producing five-unit building located in West Powelton Village. This well maintained property features fully occupied apartments with immediate rental income and convenient access to transit, universities, and major employment centers. Ideal opportunity for investors seeking steady cash flow in a strong rental market.

Listed by Nicole Caprario

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License #RS320794

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New Age Realty Group Inc

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2153871002

Last updated March 13, 2026

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Source: BrightMLS #PAPH2580324

Listing Facts

  • TypeMulti-family
  • NeighborhoodWest Powelton
  • Days on Prevu41
  • Taxes$15,442/year
  • Size7,303 sqft
  • Price per sqft$147

Location

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Listing History

03/13/2026
Price Decreased
$1,075,000
02/03/2026
Listed by New Age Realty Group Inc
$1,100,000

Property Details for 423 N 40TH Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 4
  • Year Built: 2014
  • Architectural Style: Straight Thru, Traditional
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.07
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 2,875
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $15,442.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No
  • Spa: No

Measurements

  • Living Area: 7,303
  • Living Area Source: Estimated

Rooms

  • Basement: Fully Finished
  • Has Basement: Yes

Other

General

  • Exclusions: Tenant's Personal Property.

Location

  • Subdivision Name: WEST POWELTON
  • Tax Lot: 324

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 423 N 40TH Street.

What are the annual taxes for 423 N 40TH Street?

Annual taxes for this multi-family home are estimated at $15,442.

How does 423 N 40TH Street compare to other multi-family homes in West Powelton?

This multi-family home is listed 3% below the average price for multi-family homes in West Powelton and has been on the market for 59 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 7,303 sqft.

423 N 40TH Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19104. Available on Prevu for 41 days at $1,075,000. This includes a recent price decrease of $25,000. This home features 7,303 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.

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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.