423 N 40Th Street Philadelphia, PA ^$ 1,100,000

423 N 40Th Street

^$ 1,100,000

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Recently Listed

423 N 40Th Street

Philadelphia, PA, 19104

^$ 1,100,000

Bedrooms-- Baths-- Sq 7,303

Monthly Estimate*

^$ 6,773

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Commercial Property for sale in Philadelphia, PA

for $1,100,000. This 7,303 square foot building was built in 2014 on a lot size of 0.07.

Income-producing five-unit building located in West Powelton Village. This well maintained property features fully occupied apartments with immediate rental income and convenient access to transit, universities, and major employment centers. Ideal opportunity for investors seeking steady cash flow in a strong rental market.

Commercial Active

Price

^$ 1,100,000

Property Type

Commercial

Taxes

^$ 15,442

Style

Apartment Building

Lot Size

0.07

Year Built

2014

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2578786

Features

Interior

Heating Fuel Electric

Hot Water Electric 60+ Gallon Tank

Heating Y/N Y

Central Air Y/N Y

General

Sewer Public Sewer

Heating Central

Cooling Central A/C

Possession Settlement

Zoning RM1

Construction Materials Masonry

Exclusions Tenant's Personal Property.

Year Built 2014

Property Subtype Five Or More Units

Tax Year 2025

Ownership Fee Simple

Cool Fuel Electric

Municipality PHILADELPHIA

Business Type Apartment Building

Accessibility 2+ Access Exits

County PHILADELPHIA

Operating Expense 3540.00

Insurance Expense 6404.00

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions gps

City PHILADELPHIA

Number Of Units Total 1

MLS Area 19104 (19104)

Lot Size Units Square Feet

Lot Size Square Feet 2875.00

Tax Annual Amount 15442.0

Electric Expense 480.00

Acceptable Financing Cash Conventional Private

Vacation Rental Y/N N

Standard Status Active

Year Built Source Assessor

Tax Lot 324

Total Actual Rent 112800.00

Exterior

Water Source Public

Type of Parking On Street

Foundation Details Brick/Mortar Concrete Perimeter

Water View Y/N N

Building Area Total 0.00

Lot Dimensions 25.00 x 115.00

Lot Size Acres 0.07

Lot Size Source Assessor

Waterfront Y/N N

Land Assessed Value 165480.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 423

* Excluded Features

List By

New Age Realty Group Inc

Broker

nicole@newagerealtygroup.com

Affordability Calculator

$8,060

Per Month

Monthly Principal & Interest: $6,773
Monthly Property Taxes: $1,287
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Philadelphia, PA

Average List Price ^$1,125,278

Percent of Sale Price 2%

About Philadelphia, PA

1,588,239 Population

5% Since 2002

^$42,223 Median Income

36 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/2/2026	$1,100,000		Listed Price

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423 N 40Th Street, Philadelphia, PA, 19104 is a Commercial Property for sale at $1,100,000 with 7,303 sqft and a lot size of 0.07. 423 N 40Th Street was built in 2014. The property's zip code is 19104 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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423 N 40Th Street

Commercial Property for sale in Philadelphia, PA

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