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For sale
    • $600,000

    416 N 31st St, Philadelphia, PA 19104

    6beds
    1,350sqft
    : 
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    Single Family Residence
    Built in 1920
    1,672 Square Feet Lot
    $580,900 Zestimate®
    $444/sqft
    $-- HOA

    What's special

    Full kitchenLarge bedrooms
    Income-producing student rental opportunity in the heart of Powelton Village near Drexel University. 416 N 31st Street is a 6-bedroom, 2-bath property fully leased through August 31, 2026 at $4,600 per month, offering stable rental income in a highly desirable university neighborhood. The home offers a practical layout designed for student housing with large bedrooms, shared living areas, a full kitchen, and two full bathrooms. Its close proximity to Drexel University, the University of Pennsylvania, public transportation, and neighborhood amenities ensures strong and consistent rental demand. The property has experienced 100% occupancy with no meaningful vacancy history, making it a reliable investment opportunity. With low operating expenses, low property taxes, and low insurance costs, this property offers investors strong cash-flow potential in one of Philadelphia’s most established student rental markets. Current Lease: $4,600/month through 8/31/2026. Annual Gross Rent: $55,200. Offered at $600,000
    119 days
    |
    187
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Frank DeFazio 610-636-4364,

    BHHS Fox & Roach-Center City Walnut (215) 627-6005

    Source: Bright MLS,MLS#: PAPH2595382MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 6
      Basement
      • Area: 0
      Heating
      • Other, Electric
      Cooling
      • Other, Electric
      Appliances
      • Included: Water Heater
      Features
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 1,350
      • Total interior livable area: 1,350 sqft
      • Finished area above ground: 1,350
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Off Street
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Three
      • Stories: 3
      • Pool features: None
      Lot
      • Size: 1,672 Square Feet
      • Dimensions: 21.00 x 80.00
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 241207500
      • Zoning: RM1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other,A-Frame
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Masonry
      • Foundation: Other
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Powelton Village
      HOA
      • Has HOA: No
      Location
      • Region: Philadelphia
      • Municipality: PHILADELPHIA

      Financial & listing details

      • Price per square foot: $444/sqft
      • Tax assessed value: $494,100
      • Annual tax amount: $6,916
      • Date on market: 3/18/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        $580,900

        $552,000 - $610,000

        $2,979/mo

        Price history

        DateEventPrice
        3/18/2026Listed for sale$600,000+35.6%$444/sqft
        Source: Bright MLS #PAPH2595382 Report a problem
        3/17/2026Price change$4,495-8.2%$3/sqft
        Source: Zillow Rentals Report a problem
        3/4/2026Price change$4,895-1.1%$4/sqft
        Source: Zillow Rentals Report a problem
        2/4/2026Listed for rent$4,950+26.9%$4/sqft
        Source: Zillow Rentals Report a problem
        7/5/2023Listing removed--
        Source: Zillow Rentals Report a problem
        6/14/2023Price change$3,900-7.1%$3/sqft
        Source: Zillow Rentals Report a problem
        5/19/2023Price change$4,200-8.7%$3/sqft
        Source: Zillow Rentals Report a problem
        4/23/2023Listed for rent$4,600$3/sqft
        Source: Zillow Rentals Report a problem
        10/11/2016Sold$442,500+23%$328/sqft
        Source: Public Record Report a problem
        5/11/2005Sold$359,900$267/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,916 +9.9%$494,100 +9.9%
        2024$6,295 $449,700
        2023$6,295 +63%$449,700
        2022$3,862 --
        2021$3,862 +3.7%--
        2018$3,723 --
        2017$3,723 +10.1%--
        2016$3,383 --
        2015$3,383 --
        2014$3,383 $241,700 +2793.9%
        2012-- $8,352
        2011-- $8,352
        2010-- $8,352
        2009-- $8,352
        2008-- $8,352
        2007-- $8,352 +7.4%
        2006-- $7,776
        2005-- $7,776
        2004-- $7,776 -19.8%
        2003-- $9,696 +26.3%
        2002-- $7,680 +18.8%
        2000-- $6,464 +6.3%
        1999-- $6,080
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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: Powelton

        Getting around

        82 / 100
        Very Walkable
        63 / 100
        Good Transit
        93 / 100
        Biker's Paradise

        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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