3410 Race Street Philadelphia, PA $ 575,000
3410 Race Street
$ 575,000
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3410 Race Street

Philadelphia, PA, 19104
$ 575,000
Bedrooms-- Baths-- Sq 3,330

Monthly Estimate*

$ 3,631

3410 Race Street, Philadelphia, PA 19104 - Image 1
3410 Race Street, Philadelphia, PA 19104 - Image 2

Commercial Property for sale in Philadelphia, PA

for $575,000. This 3,330 square foot building was built in 1915 on a lot size of 0.08.

3410 Race St is a 5-unit, three-story apartment building totaling 3,330 SF, offered in Philadelphia's premier academic rental corridor. Located steps from Drexel University's main campus and minutes from the University of Pennsylvania, the property sits at the intersection of two world-class institutions that collectively generate one of the deepest and most durable pools of renter demand in the Mid-Atlantic. The building carries the classic Victorian character that defines Powelton Village a neighborhood that continues to attract students, graduate researchers, faculty, and healthcare professionals employed at nearby Penn Medicine and CHOP. With a SEPTA station four minutes on foot and walkable access to the 40th Street retail corridor, tenants at 3410 Race St enjoy genuine transit-oriented convenience without sacrificing neighborhood livability. University City's 19104 zip code is one of the tightest rental submarkets in Philadelphia, consistently posting sub-5% vacancy driven by institutional enrollment cycles and anchor employers in healthcare and biotech. The property reflects a stabilized, income-producing asset with meaningful downside protection the kind of profile that holds up across market cycles. For a 1031 exchange buyer or a portfolio investor seeking reliable academic-market income, this is a straightforward opportunity to add a well-located, fully tenanted building in a submarket where replacement supply is severely constrained. Contact us for rent roll, financials, and showing availability.

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Commercial Contingent

Price

$ 575,000

Property Type

Commercial

Taxes

$ 0

Style

Apartment Building

Lot Size

0.08

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2638328

Features
Interior
Heating Fuel Natural Gas
Flooring Hardwood
Hot Water 60+ Gallon Tank
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Radiator
Cooling None
Possession Negotiable
Roof Flat Slate Shingle
Zoning RTA1
Construction Materials Stucco Stone
Exclusions Tenant possessions
Year Built 1915
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
Net Operating Income 26076.00
New Construction N
Property Type Commercial Sale
Subdivision Name POWELTON VILLAGE
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
Directions Head north on 35th St right onto Race St. Destination will be on the right .
City PHILADELPHIA
Number Of Units Total 5
MLS Area 19104 (19104)
Lot Size Units Square Feet
Lot Size Square Feet 3566.00
Tax Annual Amount 0.0
Price Per Sq Ft Total AG 195.98
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 211
Total Actual Rent 59538.00
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Exterior
Water Source Community
Type of Parking On Street
Water View Y/N N
Building Area Total 2934.00
Lot Dimensions 30.00 x 121.00
Lot Size Acres 0.08
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 3410
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* Excluded Features
List By
Compass Pennsylvania, Llc

Broker

tomdils@compass.com

Email

Affordability Calculator

$3,631
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,631
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/23/2026$575,000 Listed Price

Map


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3410 Race Street, Philadelphia, PA, 19104 is a Commercial Property for sale at $575,000 with 3,330 sqft and a lot size of 0.08. 3410 Race Street was built in 1915. The property's zip code is 19104 which is in Philadelphia, PA