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Sold for $645,000
  • $645,000

    332 N 41st St, Philadelphia, PA 19104

    9beds
    4baths
    2,763sqft
    Triplex
    Built in 2013
    -- sqft lot
    $-- Zestimate®
    $233/sqft
    $2,645 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,645/mo

    Zestimate® history
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    What's special

    Exceptional investment opportunity in the booming West Powelton neighborhood of University City, located in a Qualified Opportunity Zone (QOZ). This property is just minutes from Drexel University, the University of Pennsylvania, and the University of the Sciences, offering prime access to one of Philadelphia’s most vibrant areas. Nestled on a quiet street, yet steps from public transit and University City amenities, this property boasts outstanding walk, transit, and bike scores (Walk Score: 85, Transit Score: 89, Bike Score: 99). This 11-year-old, well-maintained, ground-up construction triplex features hardwood floors, in-unit laundry, stainless steel appliances, and large windows for natural light. Each unit has separate utilities (tenants pay except for water). The kitchens are equipped with shaker-style cabinets, granite countertops, dishwashers, garbage disposals, microwaves, and refrigerators. The building consists of: Unit 1: 5-bedroom, 2-bath bilevel with a private yard, Unit 2: 2-bedroom, 1-bath with a private rear deck, Unit 3: 2-bedroom, 1-bath with a private roof deck This fully occupied property has a solid rental history since its inception, providing immediate income for the buyer. With rents currently below market value, there is significant potential for rent increases and added value. The property is also positioned near several major development projects, including 3.0 University Place, Schuylkill Yards, uCity Square, and the Science Center, making it a strategic long-term investment. This turnkey asset is ideal for both investors and owner-occupants. The property falls under the FHA limit for four-unit buildings and qualifies for Fannie Mae/Freddie Mac’s new 5% down owner-occupied multifamily program. With strong appreciation and rental growth prospects, this is a rare opportunity in a high-demand area. Licensed PA salesperson with ownership interest.

    Zillow last checked:

    Listing updated:

    Listed by:

    Marino Polidori 267-223-7820,

    HomeSmart Realty Advisors

    Bought with:

    Danny Tran, RS298300

    Realty Mark Associates

    Source: Bright MLS,MLS#: PAPH2411522MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 4
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Flooring: Wood, Tile/Brick
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 2,763
    • Total interior livable area: 2,763 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 1,494 Square Feet
    • Dimensions: 20.00 x 75.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 061221800
    • Zoning: RSA5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Triplex
    Materials
    • Masonry
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 2013

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: West Powelton
    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Financial & listing details

    • Price per square foot: $233/sqft
    • Tax assessed value: $683,900
    • Annual tax amount: $9,573
    • Date on market: 10/29/2024
    • Listing agreement: Exclusive Agency
    • Inclusions: Attached Appliances, Washers, Dryers, Refrigerators
    • Exclusions: Tenant's Belongings, Wireless Bridge
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/16/2026Listing removed$695,000$252/sqft
    Source: Bright MLS #PAPH2618756 Report a problem
    6/8/2026Price change$695,000-4.1%$252/sqft
    Source: Bright MLS #PAPH2618756 Report a problem
    5/8/2026Listed for sale$724,800+12.4%$262/sqft
    Source: Bright MLS #PAPH2618756 Report a problem
    12/17/2024Sold$645,000-7.2%$233/sqft
    Source: Bright MLS #PAPH2411522 Report a problem
    11/14/2024Contingent$695,000$252/sqft
    Source: Bright MLS #PAPH2411522 Report a problem
    10/29/2024Listed for sale$695,000-15.8%$252/sqft
    Source: Bright MLS #PAPH2411522 Report a problem
    9/13/2022Listing removed$825,000$299/sqft
    Source: Bright MLS #PAPH2091108 Report a problem
    3/19/2022Price change$825,000-5.2%$299/sqft
    Source: Bright MLS #PAPH2091108 Report a problem
    3/12/2022Listed for sale$870,000+3311.8%$315/sqft
    Source: Bright MLS #PAPH2091108 Report a problem
    1/14/2015Listing removed$1,900$1/sqft
    Source: Soldier Real Estate #6461463 Report a problem
    9/24/2014Listed for rent$1,900$1/sqft
    Source: Soldier Real Estate #6461463 Report a problem
    10/12/2012Sold$25,500+1493.8%$9/sqft
    Source: Public Record Report a problem
    4/26/2000Sold$1,600$1/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,340 +18.5%$810,100 +18.5%
    2024$9,573 +400%$683,900
    2023$1,915 +58.8%$683,900
    2022$1,206 --
    2021$1,206 -85.2%--
    2018$8,144 +601.8%--
    2017$1,161 +6%--
    2016$1,094 +41.6%--
    2015$773 --
    2014$773 $387,400 +60431.3%
    2012-- $640
    2011-- $640
    2010-- $640
    2009-- $640
    2008-- $640
    2007-- $640
    2006-- $640
    2005-- $640
    2004-- $640 -82%
    2003-- $3,552
    2002-- $3,552
    2000-- $3,552
    1999-- $3,552
    Find assessor info on the county website

    Neighborhood: West Powelton

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Philadelphia City

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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