648 N 38Th Street Philadelphia, PA $ 690,000
648 N 38Th Street
$ 690,000
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648 N 38Th Street

Philadelphia, PA, 19104
$ 690,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 4,766

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Multi-Family Home for sale in Philadelphia, PA

for $690,000 with 6 bedrooms. This home was built in 2022 on a lot size of 0.03.

Welcome to 648 N 38th Street, a newly constructed triplex offering modern design, quality finishes, and an excellent investment opportunity in Philadelphia. This thoughtfully designed three-unit property features three spacious 2-bedroom residences, each offering contemporary living spaces with open layouts, modern kitchens, stylish bathrooms, and well-appointed finishes throughout. Built with todays tenant and owner-occupant in mind, the property provides the benefits of new construction with low-maintenance systems and efficient living. Each unit offers two generously sized bedrooms and comfortable living space, creating strong rental appeal and flexibility for a variety of occupants. Adding even more value, the property benefits from a tax abatement through 2035, providing years of reduced real estate tax exposure and making this an especially attractive opportunity for investors. Whether you're looking to add a turnkey multifamily property to your portfolio or live in one unit while generating income from the other two, 648 N 38th Street offers an appealing combination of new construction, income potential, and long-term value. Schedule your private showing and experience everything this brand-new triplex has to offer.

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Multi-Family Active

Price

$ 690,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 2,143

Style

Contemporary

Lot Size

0.03

Year Built

2022

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2676604

Features
General
Living Area 2191
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Immediate
Roof Flat
Zoning RM1
Architectural Style Contemporary
Construction Materials Concrete
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Year Built 2022
Electric 100 Amp Service
Property Subtype Triplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Subdivision Name MANTUA
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions From Center City: Take Market St west → turn left onto N 38th St → continue to 648 N 38th St. The property is near the 38th St & Filbert St area.
City PHILADELPHIA
Number Of Units Total 3
MLS Area 19104 (19104)
Lot Size Units Square Feet
Lot Size Square Feet 1306.80
Number of Units Leased 2
Tax Annual Amount 2143.0
Property Condition Excellent
Two Bedroom 3
Structure Type Other
Price Per Sq Ft Total AG 314.92
Acceptable Financing Conventional Cash
Rent Control Y/N Y
Vacation Rental Y/N N
Lease Type Yearly Month to Month
Standard Status Active
Year Built Source Assessor
Tax Lot 154
Total Actual Rent 54900.00
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Interior
Heating Fuel Natural Gas
Basement Full
Flooring Hardwood Ceramic Tile
Hot Water Electric
Total Stories 3
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Pool No Pool
Water Source Public
Type of Parking None
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Size Acres 0.03
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 153100.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 648
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* Excluded Features
List By
Keller Williams Main Line

Broker

denise@gnr-group.com

Email

Affordability Calculator

$4,944
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,766
Monthly Property Taxes
$179
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/5/2026$690,000 Listed Price

Map


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648 N 38Th Street, Philadelphia, PA, 19104 is a Multi-Family Home for sale at $690,000 with a lot size of 0.03. 648 N 38Th Street has 6 bedrooms, 0.0 baths, and was built in 2022. The property's zip code is 19104 which is in Philadelphia, PA