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229-31 N 65TH STREETPHILADELPHIA, PA 19139

Multi-Family · 5,000 Sq. ft. | 0.11 Acres
$525,000 ACTIVE

229-31 N 65TH STREET Overview

Time on Site:
5 days
Visits:
0

Exceptional income-producing quadplex located just minutes from the University of Pennsylvania and the heart of University City. This investment opportunity features four residential units, including three renovated 1-bedroom, 1-bath apartments that have historically leased for $1,200&$1,500 per month, and a spacious 3-bedroom, 3.5-bath unit that was leased for $2,400 per month. Three of the four units have been updated, while the remaining unit offers value-add potential through renovation. The property also includes a large detached garage that generated an additional $1,200 per month in rental income. With a total monthly income potential of approximately $7,200&$7,400, this property presents an outstanding opportunity for investors seeking strong cash flow in one of Philadelphia's most desirable rental markets, close to major universities, hospitals, public transportation, and neighborhood amenities.

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229-31 N 65TH STREET Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,000
  • Price/Sq.ft. $105
  • Lot 0.11 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 5000
  • Year Built: 1925

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19139 (19139)

Parking Information

  • Total Parking Spaces: 1
  • Type of Parking: Attached Garage

Tax Information

  • City/Town Tax: 1280.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax Payment Frequency: Annually
  • School Tax: 1629.00
  • Tax Annual Amount: $2,910.00
  • Tax Assessed Value: 207900.00
  • Tax Year: 2025

General Information

  • Property Condition: Very Good
  • Property Sub Type: Quadruplex
  • Property Type: Multi-Family
  • School District Name: PHILADELPHIA CITY
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2026
  • Zoning: RSA3

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas

Parking Information

  • Garage Features: Garage - Front Entry
  • Garage Spaces: 1.00
  • Garage: Yes

Building Exterior/Construction

  • Structure Type: Twin/Semi-Detached

Building Interior

  • Above Grade Finished Area: 5000
  • Above Grade Finished Area Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: No
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: None
  • Cooling: Wall Unit
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Living Area: 5000
  • Living Area Source: Estimated

Unit Information

  • One Bedroom Units Count: 3
  • Single Room Units Count: 0
  • Three Bedroom Units Count: 1
  • Two Bedroom Units Count: 0

Exterior

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.11
  • Lot Size Dimensions: 40.00 x 125.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5000.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Colonial
  • Construction Materials: Masonry

General Information

  • Number Of Units Total: 3
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

229-31 N 65TH STREET Neighborhood

Community

19139 (PHILADELPHIA) Demographics

34
Median Age
25,517
Population Density (per sq. mile)
24%
College Educated
$30,490
Estimated Median Income
7,517
Estimated Total Home Owners
10,667
Estimated Total Renters
41% / 59%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

229-31 N 65TH STREET Monthly Cost

$
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

229-31 N 65TH STREET Market Data

Based on the last 30 days in this zip code

$196,722
Average List Price
$141
Average Price per Square Foot
16
Properties Sold
113
Average Days on Market
215
Properties for Sale
Calculations provided by Reliance Network

229-31 N 65TH STREET History

Date Event Value Agent
6/24/2026Source: BRIGHT MLS Added to Database
June 24, 2026
Valerie Yosef
Listing Agent
12/3/2024Source: BRIGHT MLS Added to Database
August 12, 2021
Listing provided courtesy of BHHS Fox & Roach-Center City Walnut- MLS# PAPH2640954MLS ProviderContact Information: 2156276005