305 N 41ST STREETPHILADELPHIA, PA 19104

Multi-Family · 2,505 Sq. ft. | 0.03 Acres
$610,000 ACTIVE

305 N 41ST STREET Overview

Time on Site:
7 days
Visits:
0

Welcome to 305 N 41st Street, a FULLY LEASED triplex offering immediate cash flow and exceptional long-term upside in one of Philadelphia's fastest-growing development corridors. Whether you are an investor seeking a strong addition to your portfolio or a buyer looking to owner-occupy and house hack, this property presents a compelling opportunity in the heart of West Powelton. The building consists of three well-maintained 2-bedroom, 1-bath apartments, each featuring hardwood flooring, in-unit laundry, and recently upgraded kitchens and bathrooms. Kitchens include granite countertops, white cabinetry, and newer appliances, while the bathrooms offer updated fixtures and modern finishes. The property is turn-key and fully leased, providing immediate income from day one. The lower-level unit is the largest, offering private outdoor patio space and direct basement access, ideal for additional storage. All units are accessed through a shared foyer and common hallway, providing convenient yet private entrances for residents. Positioned within a major development and institutional growth area, the property benefits from strong and consistent rental demand. It is walkable to multiple major university campuses, including UPenn and Drexel, and minutes from University City's hospitals, research centers, and expanding commercial corridors. Located just two blocks from 40th Street Station, the property offers exceptional connectivity via rail, trolley, and bus routes. With a Walk Score of 85 and Transit Score of 99, residents enjoy easy access to Market Street, Lancaster Avenue, Spring Garden Street, Center City, I-76, and I-95. With its prime location, strong tenant demand, and proximity to some of Philadelphia's largest employers and universities, 305 N 41st Street represents a rare opportunity to secure a fully leased asset in a high-growth neighborhood with significant long-term appreciation potential.

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305 N 41ST STREET Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,505
  • Price/Sq.ft. $244
  • Lot 0.03 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Yearly
  • Gross Income: 48600.00
  • Income Includes: Apartment Rentals

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 2505
  • Year Built: 1915

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19104 (19104)
  • Subdivision Name: PHILADELPHIA (WEST)

Parking Information

  • Type of Parking: On Street

Tax Information

  • Tax Annual Amount: $9,461.00
  • Tax Assessed Value: 675900.00
  • Tax Year: 2025

General Information

  • Inclusions: all appliances
  • Property Condition: Very Good,Excellent,Good
  • Property Sub Type: Triplex
  • Property Type: Multi-Family
  • School District Name: PHILADELPHIA CITY
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Zoning: RSA5

Unit Information

  • Other Units: Unit 1,Unit 2,Unit 3

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas

Parking Information

  • Garage: No

Building Exterior/Construction

  • Structure Type: Interior Row/Townhouse

Building Interior

  • Above Grade Finished Area: 2505
  • Above Grade Finished Area Source: Assessor
  • 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: Other

General Information

  • Accessibility Features: None
  • Appliances: Dryer, Oven - Single, Stove, Stainless Steel Appliances, Washer, Water Heater, Microwave, Range Hood, Oven/Range - Gas
  • Cooling: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Foundation Details: Brick/Mortar, Stone
  • Heating: None
  • Living Area: 2505
  • Living Area Source: Assessor
  • Units Furnished: None

Unit Information

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

Exterior

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 17.00 x 84.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1427.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

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

Building Exterior/Construction

  • Architectural Style: Other
  • Construction Materials: Brick

General Information

  • Exterior Features: Sidewalks, Street Lights
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number Of Units Vacant: 0
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

Unit Information

Unit 3 Details

  • Unit Type: Unit 1
  • Total Rent: 1360.00
  • Beds Total: 2

Unit 2 Details

  • Unit Type: Unit 2
  • Total Rent: 1295.00
  • Beds Total: 2

Unit 1 Details

  • Unit Type: Unit 3
  • Total Rent: 1395.00
  • Beds Total: 2

305 N 41ST STREET Neighborhood

Community

19104 (PHILADELPHIA) Demographics

23
Median Age
16,705
Population Density (per sq. mile)
45%
College Educated
$28,603
Estimated Median Income
3,460
Estimated Total Home Owners
13,048
Estimated Total Renters
21% / 79%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

305 N 41ST STREET Monthly Cost

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$
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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.

305 N 41ST STREET Market Data

Based on the last 30 days in this zip code

$334,006
Average List Price
$193
Average Price per Square Foot
7
Properties Sold
101
Average Days on Market
122
Properties for Sale
Calculations provided by Reliance Network

305 N 41ST STREET History

Date Event Value Agent
6/22/2026Source: BRIGHT MLS Added to Database
June 22, 2026
12/3/2024Source: BRIGHT MLS Added to Database
August 13, 2021
Listing provided courtesy of OCF Realty LLC - Philadelphia- MLS# PAPH2639672MLS ProviderContact Information: [email protected] - 2157357368