5-Unit Apartment
New
For Sale
$1,075,000
833 N 40TH STREET, Philadelphia, PA 19104
All five residences are occupied, and the property has a tax abatement.
Property Size6,716 SF
Days on Market6
Property Features for 833 N 40TH STREET
General Information
Standard status
Active
Size
6,716 SF
Property subtype
Five Or More Units
Occupancy
100%
Additional Details
Public Transit
Yes
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$8,453
Building Details
Building Size
6,716 SF
Year Built
2023
Listing Agency:
Keller Williams Main Line
Listed By:
Denise A Frazier · License #AB067937
(215) 421-3362
Source:
Patmckennarealtors
Added: Oct 16
Changed: Oct 21
Last Checked: Oct 21 at 3:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Main Line
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Investment Insights
Based on property information with market context.
Built in 2023, this Philadelphia apartment property contains five residential units, all currently occupied. A tax abatement is also in place. The building’s recent construction and existing occupancy define its current configuration.
The property is in Mantua, near University City, Drexel University, the University of Pennsylvania, public transportation, and major commuter routes.
The property is in Mantua, near University City, Drexel University, the University of Pennsylvania, public transportation, and major commuter routes.
Key Highlights
- Five residential units; all are occupied
- Built in 2023
- Tax abatement in place
Property Analytics
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Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,452
Businesses Nearby
Explore this area
Business Placement
Demographics for 19104, PA
56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - All five residences are occupied, and the property has a tax abatement.
Where is this apartment building located?
The property is located at 833 N 40TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Five residential units; all are occupied; Built in 2023; Tax abatement in place
