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Sold for $660,000
  • $660,000

    37 N Preston St, Philadelphia, PA 19104

    6beds
    4baths
    3,544sqft
    Townhouse
    Built in 2007
    -- sqft lot
    $660,100 Zestimate®
    $186/sqft
    $1,832 Estimated rent

    Home value

    $660,100

    $627,000 - $693,000

    $1,832/mo

    Zestimate® history
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    $1,832/mo

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    $4,092/mo

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    $4,092/mo

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    What's special

    Spacious unit layouts
    37 N Preston St is a turnkey, cash-flowing legal triplex located in one of Philadelphia’s fastest-growing rental corridors. Grossing approximately $5,000 per month, this fully occupied multi-family investment offers the perfect blend of strong in-place income, long-term appreciation potential, and true passive cash flow. Featuring three separately metered units, this income-producing asset is ideal for both seasoned investors and owner-occupants looking to house hack while building wealth. Positioned in the heart of West Philadelphia near University City, Drexel University, UPenn, major hospitals, public transportation, and Center City access, this high-demand location continues to attract quality tenants year after year. Investors will appreciate the legal triplex zoning, strong rental performance, low vacancy potential, and scalable upside in an area experiencing continued redevelopment and rising property values. The property offers spacious unit layouts, excellent tenant appeal, and a compelling cap rate opportunity in a market where true turnkey multi-family assets are becoming increasingly scarce. Whether you’re looking to expand your portfolio, execute a buy-and-hold strategy, or secure a high-yield asset in a rapidly appreciating neighborhood, 37 N Preston St checks every box. Opportunities like this do not come around often — stable cash flow, prime location, and serious upside potential all in one package.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rick Land 609-992-8248,

    KW Empower,

    Listing Team: Ccl Team

    Bought with:

    Cindy Fan, RS304225

    Triamond Realty

    Source: Bright MLS,MLS#: PAPH2619238MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,544
    • Total interior livable area: 3,544 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 1,600 Square Feet
    • Dimensions: 16.00 x 100.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 061181400
    • Zoning: RSA5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Townhouse
    Materials
    • Masonry
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 2007

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Financial & listing details

    • Price per square foot: $186/sqft
    • Tax assessed value: $750,000
    • Annual tax amount: $10,498
    • Date on market: 5/8/2026
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
    • Total actual rent: 60000
    • Income includes: Apartment Rentals

    Price history

    DateEventPrice
    8/4/2026Sold$660,000-5.6%$186/sqft
    Source: Bright MLS #PAPH2619238 Report a problem
    6/18/2026Contingent$699,000$197/sqft
    Source: Bright MLS #PAPH2619238 Report a problem
    5/8/2026Listed for sale$699,000-10.3%$197/sqft
    Source: Bright MLS #PAPH2619238 Report a problem
    12/26/2025Listing removed$779,000$220/sqft
    Source: Bright MLS #PAPH2470326 Report a problem
    8/10/2025Price change$779,000-2.5%$220/sqft
    Source: Bright MLS #PAPH2470326 Report a problem
    7/7/2025Price change$799,000-5.9%$225/sqft
    Source: Bright MLS #PAPH2470326 Report a problem
    5/30/2025Price change$849,000-5.6%$240/sqft
    Source: Bright MLS #PAPH2470326 Report a problem
    4/14/2025Listed for sale$899,000+18.4%$254/sqft
    Source: Bright MLS #PAPH2470326 Report a problem
    11/7/2024Listing removed$1,500
    Source: Bright MLS #PAPH2412090 Report a problem
    10/21/2024Listed for rent$1,500
    Source: Bright MLS #PAPH2412090 Report a problem
    10/1/2024Listing removed$1,500
    Source: Bright MLS #PAPH2371770 Report a problem
    8/29/2024Price change$1,500-6.3%
    Source: Bright MLS #PAPH2371770 Report a problem
    8/25/2024Listing removed$759,000$214/sqft
    Source: Bright MLS #PAPH2332544 Report a problem
    7/25/2024Price change$1,600-3%
    Source: Bright MLS #PAPH2371770 Report a problem
    7/1/2024Listed for rent$1,650+32%
    Source: Bright MLS #PAPH2371770 Report a problem
    5/6/2024Price change$759,000-2.6%$214/sqft
    Source: Bright MLS #PAPH2332544 Report a problem
    3/16/2024Listed for sale$779,000-2.5%$220/sqft
    Source: Bright MLS #PAPH2332544 Report a problem
    1/14/2024Listing removed$799,000$225/sqft
    Source: Bright MLS #PAPH2275412 Report a problem
    9/6/2023Listed for sale$799,000+6.5%$225/sqft
    Source: Bright MLS #PAPH2275412 Report a problem
    11/18/2022Listing removed--
    Source: Long & Foster Broker Feed Report a problem
    9/13/2022Price change$750,000-3.2%$212/sqft
    Source: Bright MLS #PAPH2118236 Report a problem
    7/21/2022Listed for sale$774,999-3%$219/sqft
    Source: Bright MLS #PAPH2118236 Report a problem
    7/12/2022Listing removed--
    Source: Long & Foster Broker Feed Report a problem
    5/19/2022Listed for sale$799,000+48%$225/sqft
    Source: Bright MLS #PAPH2118236 Report a problem
    9/24/2020Listing removed$1,250
    Source: Keller Williams Real Estate-Bl #PAPH918960 Report a problem
    12/19/2017Sold$540,000$152/sqft
    Source: Agent Provided Report a problem

    Public tax history

    Tax history is unavailable.

    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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    Estimated market value
    $660,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $660,100