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503 S 42nd StreetPhiladelphia, PA 19104

For Sale

$750,000

Smart Buyer Rebate $7,500

This large multi-family duplex presents an exceptional investment opportunity in the highly sought-after University City neighborhood, located within the prestigious Penn Alexander Catchment Area. Ideally suited for conversion into a four-to-six-unit investment property, rooming house, or multi-suite rental, this property offers the scale, configuration, and location that discerning investors seek.

The primary front unit features eight spacious bedrooms, six full bathrooms, and two full kitchens. A main-level bedroom includes an en-suite bathroom, while additional bedrooms and baths span the second and third floors, making it perfectly suited for multi-resident living. The secondary rear unit offers one bedroom and one bathroom, with a private entrance accessed via a side walkway for added privacy.

Additional highlights include a full basement with laundry facilities and substantial interior square footage that allows for flexible reconfiguration. The property is centrally located with convenient access to the University of Pennsylvania, the Children’s Hospital of Philadelphia, Center City, the VA Hospital, and Philadelphia International Airport.

Ripe for redevelopment, this property combines strong rental potential with long-term value appreciation in one of Philadelphia’s most vibrant and dynamic submarkets.

Listed by Morgan Bradshaw Page

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License #RS364959

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Skale Real Estate

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4842641230

Last updated October 24, 2025

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Source: BrightMLS #PAPH2547320

Listing Facts

  • TypeMulti-family
  • NeighborhoodWoodland Terrace
  • Days on Prevu13
  • Taxes$10,350/year
  • Size1,500 sqft
  • Price per sqft$500

Location

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Listing History

10/24/2025
Price Increased
$750,000
10/12/2025
Listed by Skale Real Estate
$735,000

Property Details for 503 S 42nd Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Year Built: 1930
  • Architectural Style: Traditional
  • Construction Materials: Brick

Features

  • Other Structures: Above Grade, Below Grade
  • Patio And Porch Features: Deck(s), Wrap Around
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.06
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 2,678
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $10,350.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Hardwood
  • Interior Features: 2nd Kitchen, Kitchen - Country

Measurements

  • Living Area: 1,500
  • Living Area Source: Estimated

Rooms

  • Basement: Fully Finished
  • Has Basement: Yes

Other

Location

  • Subdivision Name: UNIVERSITY CITY

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Heating: Hot Water
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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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.