Income-producing five-unit building located in West Powelton Village. This well maintained property features fully occupied apartments with immediate rental income and convenient access to transit, universities, and major employment centers. Ideal opportunity for investors seeking steady cash flow in a strong rental market.
Under contract
$1,060,000
423 N 40th St, Philadelphia, PA 19104
13beds
8baths
7,303sqft
Townhouse
Built in 2014
-- sqft lot
$-- Zestimate®
$145/sqft
$-- HOA
What's special
Fully occupied apartments
- 151 days |
- 48 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Nicole Caprario 215-387-1002,
New Age Realty Group Inc 2153871002
Source: Bright MLS,MLS#: PAPH2580324
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 8
Basement
- Area: 0
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater, Water Heater
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 7,303
- Total interior livable area: 7,303 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,875 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 881822349
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Straight Thru,Traditional
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Brick/Mortar, Concrete Perimeter
Condition
- New construction: No
- Year built: 2014
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: $145/sqft
- Tax assessed value: $1,103,000
- Annual tax amount: $15,442
- Date on market: 2/3/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Private Financing Available
- Exclusions: Tenant's Personal Property.
- Ownership: Fee Simple
- Total actual rent: 112800
Estimated market value
Not available
Estimated sales range
Not available
$1,382/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Contingent | $1,060,000$145/sqft |
Source: | ||
| 5/12/2026 | Listed for sale | $1,060,000$145/sqft |
Source: | ||
| 5/1/2026 | Listing removed | $1,060,000$145/sqft |
Source: | ||
| 4/8/2026 | Price change | $1,060,000-1.4%$145/sqft |
Source: | ||
| 3/13/2026 | Price change | $1,075,000-2.3%$147/sqft |
Source: | ||
| 2/3/2026 | Listed for sale | $1,100,000-15.4%$151/sqft |
Source: | ||
| 8/16/2024 | Listing removed | -- |
Source: | ||
| 8/13/2024 | Listed for sale | $1,300,000$178/sqft |
Source: | ||
| 3/8/2024 | Listing removed | -- |
Source: | ||
| 6/16/2023 | Listed for sale | $1,300,000-10.3%$178/sqft |
Source: | ||
| 11/22/2022 | Listing removed | $1,450,000$199/sqft |
Source: | ||
| 8/23/2022 | Listed for sale | $1,450,000-3.3%$199/sqft |
Source: | ||
| 6/23/2022 | Listing removed | $1,500,000$205/sqft |
Source: | ||
| 4/28/2022 | Price change | $1,500,000-3.2%$205/sqft |
Source: | ||
| 3/25/2022 | Listed for sale | $1,550,000+10.7%$212/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/24/2017 | Listing removed | $2,000 |
Source: Owner Report a problem | ||
| 8/25/2017 | Price change | $2,000-16.7% |
Source: Owner Report a problem | ||
| 8/8/2017 | Listed for rent | $2,400 |
Source: Owner Report a problem | ||
| 6/29/2017 | Listing removed | $2,400 |
Source: Owner Report a problem | ||
| 5/2/2017 | Price change | $2,400+71.4% |
Source: Owner Report a problem | ||
| 3/22/2017 | Listed for rent | $1,400 |
Source: Owner Report a problem | ||
| 2/16/2017 | Sold | $1,400,000+2214%$192/sqft |
Source: Public Record Report a problem | ||
| 2/6/2013 | Sold | $60,500+462.8%$8/sqft |
Source: Public Record Report a problem | ||
| 12/23/2004 | Sold | $10,750$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,443 +770% | $1,103,200 -13% |
| 2024 | $1,775 | $1,268,000 |
| 2023 | $1,775 +21.2% | $1,268,000 |
| 2022 | $1,465 | -- |
| 2021 | $1,465 | -- |
| 2018 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: West Powelton
Nearby schools
GreatSchools rating
- 9/10Powel Samuel SchoolGrades: K-4Distance: 0.4 mi
- 5/10Science Leadership Academy Middle SchoolGrades: 5-8Distance: 0.4 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.








