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MLS: #PAPH2675564, Listed By: Jordan Wiener, Compass Pennsylvania, LLC, Source:Bright MLS

516 N Preston Street

PHILADELPHIA, PA 19104
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Bed 4

Bed

Bath 0

Bath

SqFt3,732

Sqft

Acres0.03

Acre(Lot)

Fantastic Investment or Owner-Occupant Opportunity! Don’t miss this well-maintained triplex in the thriving West Powelton neighborhood, offering a combination of existing rental income and flexibility for an owner-occupant or investor. The property features three units with a total of eight bedrooms. The spacious bi-level four-bedroom, two-bath unit includes a kitchen, two living areas, and a private patio. The second and third floors each feature an updated two-bedroom, one-bath apartment. One of the three units is currently vacant, providing an excellent opportunity for an owner-occupant to live in one unit while generating rental income from the other two, or for an investor to lease all three units and maximize the property's income potential. Each apartment features hardwood and cer amic tile flooring, modern kitchens with gas stoves, in-unit washers and dryers, and individual heating and central air conditioning. Recent improvements include newer HVAC systems in Units A, B, and C, vinyl siding, a new water service line, a new dishwasher in Unit A, and a new range and microwave in Unit C. Ideally located in West Powelton, the property is just minutes from the University City Science Center, Drexel University, and the University of Pennsylvania, as well as numerous dining, coffee, and entertainment options. Multiple SEPTA transportation options provide convenient access throughout the city, while Center City is less than ten minutes away by car or bicycle. Whether you're looking for an income-producing investment, an owner-occupied property with rental income to offset your housing costs, or an opportunity to lease all three units, this versatile triplex offers an attractive combination of location, functionality, and upside potential.

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Detail Ic Property Details

Property Type : Residential Income

Price : $675,000

AD Id : 91708117

MLS Id : PAPH2675564

Beds : 4

Lot Size : 0.03 Acre

Living Area Size : 3,732 Sq. Ft

Tax Amount : $8,016

Year Built : 2009

County : PHILADELPHIA

Subdivision: Powelton Village

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Map

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Feature Features

  • Bedroom Information

    Total beds: 4

    Room Information

    Has Basement: Yes Basement: Finished, Full
  • Flooring Information

    Hardwood
  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat Appliances: Electric Water Heater, Washer, Dryer
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 2009 Building Area Total: 3732 Construction Materials: Brick Veneer, Vinyl Siding Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 17.00 x 92.00 Lot Size Acres: 0.03 Lot Size Source: Assessor Lot Size Square Feet: 1524

    Property Information

    Subdivision: POWELTON VILLAGE Source Property Type: Residential Income Property SubType: Triplex Property Age: 17

  • Listing Price Information

    Listing Price: $675000

  • Tax Information

    Parcel Number: 061194900 Tax Lot: 240 Tax Year: 2026 Annual Tax: $8016

  • Parking Information

    On Street

  • Location Information

    Direction: 516 N Preston St WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3101 Haverford Avenue, Philadelphia, PA, 19104 $625,000 5 -- 2,304 0.03 Acre
521 N 34th Street, Philadelphia, PA, 19104 $3,675,000 28 -- 11,700 0.11 Acre
516 N 34th Street, Philadelphia, PA, 19104 $1,250,000 12 -- 4,731 0.04 Acre
641 N 34th Street, Philadelphia, PA, 19104 $220,000 2 -- 1,004 0.02 Acre
3414 Spring Garden Street, Philadelphia, PA, 19104 $829,000 6 -- 3,214 0.09 Acre
3424 Wallace Street, Philadelphia, PA, 19104 $650,000 4 -- 3,672 0.03 Acre
3627 Powelton Avenue, Philadelphia, PA, 19104 $985,000 6 -- 2,712 0.07 Acre
3607 Spring Garden Street, Philadelphia, PA, 19104 $1,500,000 17 -- 4,000 0.06 Acre
3713 Lancaster Avenue, Philadelphia, PA, 19104 $545,000 4 -- 2,096 0.03 Acre
3707 Hamilton Street, Philadelphia, PA, 19104 $699,000 2 -- 3,422 0.06 Acre

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 10/12/2026 @ 09:28

MLS: PAPH2675564 LISTED BY: Jordan Wiener, Compass Pennsylvania, LLC 610-822-3356 SOURCE: Bright MLS

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