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Marjorie Dick Stuart

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327 N 40th St, PHILADELPHIA, PA – $1,850,000

  • $1.9M Price
  • 2,950 Sqft
  • .07 Acres
  • 7 DOM
  • $1.9M Price
  • 2,950 Sqft
  • .07 Acres
  • 7 DOM

327 N 40th St

327 N 40th Street is a fully stabilized six-unit multifamily property located in the heart of West Powelton Village, adjacent to University City, Philadelphia. Constructed in 2018, the building features large, high-yielding units with premium finishes, private outdoor spaces, and in-unit laundry. The unit mix includes a majority of larger-than-average four-bedroom units, along with two- and threebedroom units. Positioned just blocks from UPenn, Drexel University, Penn Presbyterian Medical Center, and the Market-Frankford Line, 327 N 40th offers an investor secure long-term returns in one of the city’s strongest rental corridors. The property is currently fully leased and generates $14,746/month in gross income. Offered at a 7.74% cap rate, the building has over 3 years on the remaining tax abatement and $238/SF, this is a rare opportunity to acquire a stabilized, income-generating property in a premier university-adjacent submarket.

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Essential Information

  • MLS® #PAPH2537876
  • Price$1,850,000
  • Bathrooms0.00
  • Square Footage2,950
  • Acres0.07
  • Year Built2017
  • TypeMulti-Family
  • Sub-TypeOther, Other
  • StyleOther
  • StatusActive

Community Information

  • Address327 N 40th St
  • Area19104
  • CityPHILADELPHIA
  • CountyPHILADELPHIA-PA
  • StatePA
  • MunicipalityPHILADELPHIA
  • Zip Code19104

Interior

  • HeatingCentral
  • CoolingCentral A/C
  • # of Stories3

School Information

  • DistrictPHILADELPHIA CITY

Additional Information

  • Date ListedSeptember 15th, 2025
  • Days on Market7
  • ZoningRM1

Listing Details

  • Office Contact2156085745

Office

Trophy Commercial Real Estate LLC

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Listing information last updated on September 21st, 2025 at 6:15am CDT.