Amazing investment opportunity. This modern, fully occupied 3-unit, 7-bedroom multi-family property was built in 2012 and is situated in the highly sought-after West Powelton neighborhood of Philadelphia. Just a short walk from the University of Pennsylvania and Drexel University, ensuring consistent demand from students and professionals. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes two (2) two-bedroom, one-bathroom units and one (1) three-bedroom, two-bathroom unit. The units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, and much more. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Eight property portfolio, can be purchased individually or as a full / partial portfolio (4008, 4010, 4032 & 4011 Baring Street, 416-18 N. Wiota Street, 508 Budd Street, 1537 Swain Street and 1802 N. 5th Street). Seller is in the process of appealing taxes.
Under contract
Price cut: $19K (5/1)
$680,000
4008 Baring St, Philadelphia, PA 19104
7beds
4baths
3,141sqft
Townhouse
Built in 2012
-- sqft lot
$-- Zestimate®
$216/sqft
$-- HOA
What's special
Hardwood floorsIn-unit washer and dryersStainless-steel appliances
- 468 days |
- 75 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Steven Onesti 215-783-7779,
KW Empower 215-627-3500,
Listing Team: The Mike Mccann Team
Source: Bright MLS,MLS#: PAPH2460910
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Basement
- Area: 0
Heating
- Forced Air, Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 3,141
- Total interior livable area: 3,141 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,500 Square Feet
- Dimensions: 20.00 x 75.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 061023300
- Zoning: RSA5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 2012
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: $216/sqft
- Tax assessed value: $875,800
- Annual tax amount: $12,259
- Date on market: 3/24/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$2,276/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Contingent | $680,000$216/sqft |
Source:  Bright MLS #PAPH2460910 Report a problem | ||
| 5/1/2026 | Price change | $680,000-2.7%$216/sqft |
Source: Bright MLS #PAPH2460910 Report a problem | ||
| 1/26/2026 | Price change | $699,000-4.1%$223/sqft |
Source: Bright MLS #PAPH2460910 Report a problem | ||
| 10/7/2025 | Price change | $729,000-1.4%$232/sqft |
Source: Bright MLS #PAPH2460910 Report a problem | ||
| 6/20/2025 | Price change | $739,000-1.5%$235/sqft |
Source: Bright MLS #PAPH2460910 Report a problem | ||
| 3/24/2025 | Listed for sale | $750,000$239/sqft |
Source: Bright MLS #PAPH2460910 Report a problem | ||
| 7/8/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 6/29/2021 | Listed for rent | $2,000$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,259 +82% | $875,800 +82% |
| 2024 | $6,734 +400% | $481,100 |
| 2023 | $1,347 +9% | $481,100 |
| 2022 | $1,236 | -- |
| 2021 | $1,236 -85.2% | -- |
| 2018 | $8,353 +602% | -- |
| 2017 | $1,190 +83.5% | -- |
| 2016 | $648 | -- |
| 2015 | $648 | -- |
| 2014 | $648 | $325,000 +31638.3% |
| 2012 | -- | $1,024 |
| 2011 | -- | $1,024 |
| 2010 | -- | $1,024 |
| 2009 | -- | $1,024 |
| 2008 | -- | $1,024 |
| 2007 | -- | $1,024 +6.7% |
| 2006 | -- | $960 +200% |
| 2005 | -- | $320 |
| 2004 | -- | $320 |
| 2003 | -- | $320 |
| 2002 | -- | $320 |
| 2000 | -- | $320 |
| 1999 | -- | $320 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: West Powelton
Nearby schools
GreatSchools rating
- 5/10Locke Alain SchoolGrades: K-8Distance: 0.5 mi
- 3/10West Philadelphia High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: The School District Of Philadelphia
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
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