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Income-Producing Multifamily Building

423 N 40TH Street Philadelphia, PA 19104

For Sale

Under Contract

$1,060,000

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property size:

7,303 SF

Lot size:

0.07 Acres

Price / SF:

$145.15/SF

For Sale

Under Contract

$1,060,000

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property size:

7,303 SF

Lot size:

0.07 Acres

Price / SF:

$145.15/SF

Added:: Feb 3, 2026
Days on Market:: 161
Last Refresh:: Jul 14 at 7:06 am

Property Features for 423 N 40TH Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Parking features: On Street
Standard status: Active Under Contract
Size: 7,303 SF
Lot size: 0.07 Acres

Taxes and HOA fees

Tax Annual Amount: 15442

Utilities

Heating system: Central
Cooling system: Central Air

Building Details

Year built: 2014
Number of units: 4
Building materials: Masonry
Architectural style: Other

Listing agent Nicole Caprario License #RS320794

Listing office New Age Realty Group Inc 3070 Spring Garden Street, Philadelphia, PA

Listing date Feb 3, 2026

MLS# PAPH2580324 Listing URL

Investment Insights

Based on property information with market context.

This income-producing five-unit building is located in West Powelton Village. The well-maintained property features fully occupied apartments, providing immediate rental income. Its location offers convenient access to transit, universities, and major employment centers. This property presents an opportunity for investors seeking steady cash flow in a strong rental market. The property contains 7,303 square feet and is situated on a 0.066-acre lot.

Key Highlights

Income‑producing five‑unit building with fully occupied apartments
Immediate rental income and steady cash flow
Convenient access to transit, universities, and major employment centers

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Nexus IT Technologies Marketing & Advertising

Suggested Use

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For sale
Apartment buildings
PA
Philadelphia
19104
423 N 40TH Street

What type of property is this?

Apartment building - Five-unit building in West Powelton Village with immediate rental income.

Where is this apartment building located?

The property is located at 423 N 40TH Street Philadelphia, PA.

What is the asking price?

The asking price for this property is $1,060,000.

What are key features of this property?

This property features: Income‑producing five‑unit building with fully occupied apartments; Immediate rental income and steady cash flow; Convenient access to transit, universities, and major employment centers

423 N 40TH Street Philadelphia, PA 19104

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Features for 423 N 40TH Street

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Freestanding Single-Story Retail Building

Mixed-Use Corner Property with Garage

Restaurant Opportunity in Philadelphia, PA

Corner Mixed-Use Building with Bar

Mixed-Use Brownstone with Storefront

Mixed-Use Building with Two-Level Layout

New-Construction 11-Unit Apartment Building

Fully Leased Triplex with In-Unit Laundry

Turnkey Multifamily Apartment Buildings

2019 Four-Unit Multifamily Investment

Turnkey Three-Story Building with Elevator

Turnkey Triplex with Tax Abatement

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