223 S 45th St Philadelphia, PA 19104

Listing Agency JG Real Estate LLC a***@jg-realestate.com Show Phone

Listed by Ariel L Morgenstein · License #AB067988 Show Phone

Source Exprealty

Added: May 12 Checked: Jul 17 at 9:03 pm

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Investment Insights

Based on property information with market context.

Located in Philadelphia’s University City submarket, 223 S. 45th Street presents an investment opportunity in the Spruce Hill neighborhood. The property benefits from its proximity to the University of Pennsylvania and Drexel University, which drives rental demand from students, faculty, and young professionals. The building is fully occupied with 5 units, including one studio with one bathroom, two 1-bedroom units with one bathroom each, one 2-bedroom unit with two bathrooms, and one 3-bedroom unit with three bathrooms. The location provides access to parks, retail, and dining amenities. Strong transit connectivity is available to Center City and major employment hubs. The property offers stable cash flow and long-term appreciation in a resilient rental market.

Key Highlights

• University City location with durable rental demand.
• Fully occupied 5‑unit building providing stable cash flow.
• Located in the desirable Spruce Hill neighborhood.

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FAQs

What type of property is this?

Apartment building - Located in University City, Philadelphia, near universities and amenities.

Where is this apartment building located?

The property is located at 223 S 45th St Philadelphia, PA.

What is the asking price?

The asking price for this property is $1,199,995.

What are key features of this property?

This property features: University City location with durable rental demand.; Fully occupied 5‑unit building providing stable cash flow.; Located in the desirable Spruce Hill neighborhood.