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327 N 40th St
For Sale $1,795,000 ($608.47 per Sq Ft)
$1,795,000 ($608.47 per Sq Ft)
- 1 Units
- 2,950 Sq Ft
- 3,049 Sq Ft
- Unknown Cap Rate
Description
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 three-bedroom
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 $14,835 /month in gross income. Offered at a 8.03% cap rate, the building has over 3 years on the
remaining tax abatement and $249/SF. This is a rare opportunity to acquire a stabilized, income-generating property in a premier university-adjacent submarket.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,795,000 |
| Property Type | Other |
| Usable Sqft | 2,950 |
| Number of Stories | 3 stories |
| Parking Spots | 0 spots |
| Year Built | 2017 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 881161740 |
| MLS # | PAPH2537876 |
| Property ID | 321282853 |
| Lot Sqft | 3,049 |
| Zoning | RM1 |
| Total Units | 1 |
| Days on Market | 150 |
| Original List Price | Unknown |
| Date Updated | February 03, 2026 |
| Date Created | September 14, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Saam Tashayyod an agent of .
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Data last updated: February 11, 2026.
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Robert Crawford
REAL ESTATE AGENT