Listing
$475,000
229-31 N••••• 65th St (Sign up for 50 free credits to unlock)Philadelphia, PA 19139
Property Description
Exceptional income-producing quadplex located just minutes from the University of Pennsylvania and the heart of University City. This investment opportunity features four residential units, including three renovated 1-bedroom, 1-bath apartments that have historically leased for $1,200-$1,500 per month, and a spacious 3-bedroom, 3.5-bath unit that was leased for $2,400 per month. Three of the four units have been updated, while the remaining unit offers value-add potential through renovation. The property also includes a large detached garage that generated an additional $1,200 per month in rental income. With a total monthly income potential of approximately $7,200-$7,400, this property presents an outstanding opportunity for investors seeking strong cash flow in one of Philadelphia's most desirable rental markets, close to major universities, hospitals, public transportation, and neighborhood amenities.
Property Facts & Features
- Property Type
- Multi Family
- Status
- Active
- Listed
- Jun 24, 2026
- Price per Sq Ft
- $95/sqft
- ZIP Code
- 19139
- Garage
- 1 space
- Parking
- Attached Garage
- Heating
- Forced Air
- Cooling
- Wall Unit
- Construction
- Masonry
- Style
- Colonial
- Neighborhood
- West Philadelphia
- County
- Philadelphia
- School District
- The School District of Philadelphia
Features & Amenities
Land Info
- Lot Size Acres: 0.1147842
- Lot Size Square Feet: 5000
Multi-Unit Info
- Number of Units: 3
- Number of 1 Bedroom Units: 3
- Number of 2 Bedroom Units: 0
- Number of 3 Bedroom Units: 1
Garage and Parking
- Garage Spaces: 1
- Parking Features: Attached Garage
- Parking Total: 1
School Information
- School District: PHILADELPHIA CITY
Heating and Cooling
- Cooling Features: Wall Unit
- Heating Features: Forced Air
- Heating: Yes
Other Property Info
- Annual Tax Amount: 2910
- Source Listing Status: Active
- County: PHILADELPHIA
- Disclaimer: Standard
- Ownership: Fee Simple
- Postal Code Plus 4: 1007
- Township: PHILADELPHIA
- Property Subtype: Quadruplex
Building and Construction
- Total Square Feet Living: 5000
- Year Built: 1925
- Above Grade Finished Area: 5000
- BelowGradeFinishedArea: 0
- Construction Materials: Masonry
- Property Age: 101
- Structure Type: Twin/Semi-Detached
- Total Area Sqft: 5000
- Architectural Style: Colonial
Exterior and Lot Features
- Street Additional Info: 31
Location
Lat 39.96715 · Lng -75.24977