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MLS: #PAPH2595382, Listed By: Frank DeFazio, BHHS Fox & Roach-Center City Walnut, Source:Bright MLS

416 N 31st Street

PHILADELPHIA, PA 19104
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Bed 6

Bed

Bath 2

Bath

SqFt1,350

Sqft

Acres0.04

Acre(Lot)

Income-producing student rental opportunity in the heart of Powelton Village near Drexel University. 416 N 31st Street is a 6-bedroom, 2-bath property fully leased through August 31, 2026 at $4,600 per month, offering stable rental income in a highly desirable university neighborhood. The home offers a practical layout designed for student housing with large bedrooms, shared living areas, a full kitchen, and two full bathrooms. Its close proximity to Drexel University, the University of Pennsylvania, public transportation, and neighborhood amenities ensures strong and consistent rental demand. The property has experienced 100% occupancy with no meaningful vacancy history, making it a reliable investment opportunity. With low operating expenses, low property taxes, and low insurance costs, this property offers investors strong cash-flow potential in one of Philadelphia’s most established student rental markets. Current Lease: $4,600/month through 8/31/2026. Annual Gross Rent: $55,200. Offered at $600,000

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Detail Ic Property Details

Property Type : Residential

Price : $600,000

AD Id : 76248692

MLS Id : PAPH2595382

Beds : 6

Lot Size : 0.04 Acre

Living Area Size : 1,350

Year Built : 1920

County : PHILADELPHIA

Subdivision: Powelton Village

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Has Basement: Yes Basement: Full
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Other Has Cooling: Yes Cooling: Other, Electric

  • Building Information

    Year Built: 1920 Building Area Total: 1350 Stories: 3 Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 21.00 x 80.00 Lot Size Acres: 0.04 Lot Size Source: Assessor Lot Size Square Feet: 1672

    Property Information

    Subdivision: POWELTON VILLAGE Source Property Type: Residential Postal Code Plus 4: 2501 Property SubType: Townhouse Levels: Three Or More Property Age: 106

  • Listing Price Information

    Listing Price: $600000

  • Tax Information

    Parcel Number: 241207500 Tax Lot: 17 Tax Year: 2025 Annual Tax: $6916

  • Parking Information

    Off Street

  • Location Information

    Direction: Use GPS WaterSource: Public
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Nearby Home Value

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3205 Pearl Street, Philadelphia, PA, 19104 $275,000 3 2 1,026 1,026 SqFt
3210 Haverford Avenue, Philadelphia, PA, 19104 $349,000 5 2 1,624 1,624 SqFt
3221 Haverford Avenue, Philadelphia, PA, 19104 $540,000 5 3 1,886 1,886 SqFt
3219 Mount Vernon Street, Philadelphia, PA, 19104 $349,900 5 2 1,839 1,839 SqFt
533 N 33rd Street, Philadelphia, PA, 19104 $339,000 4 3 1,428 1,428 SqFt
3408-16 Brandywine Street, Philadelphia, PA, 19104 $599,000 3 2 4,600 4,600 SqFt
517 N 35th Street, Philadelphia, PA, 19104 $650,000 8 -- 2,364 2,364 SqFt
621 N 35th Street, Philadelphia, PA, 19104 $320,000 4 2 1,600 1,600 SqFt

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 06/26/2026 @ 02:42

MLS: PAPH2595382 LISTED BY: Frank DeFazio, BHHS Fox & Roach-Center City Walnut 215-627-6005 SOURCE: Bright MLS

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