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For sale
  • $650,000

    517 N 35th St, Philadelphia, PA 19104

    8beds
    --baths
    2,364sqft
    : 
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    Townhouse
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $275/sqft
    $-- HOA

    What's special

    Self-contained studiosPrivate bathroom
    Turnkey Investment Opportunity! CASH COW in Powelton Village - 517 N. 35th Street is an income-producing, multifamily property located in the heart of Powelton Village. This well-maintained building features 8 self-contained studios, each with its own kitchenette and private bathroom, a low-maintenance, high-demand rental configuration ideal for the student rental and young professional tenant base. The property is currently grossing $80,940 annually, delivering strong, stable cash flow with potential upside through targeted improvements or rental increases. The layout includes 2 rooms on the first floor, 3 rooms on the second floor, and 3 rooms on the third floor. The building is fully leased and respectfully managed. All tenants pay separately for electric, internet and the landlord is responsible for water and common area electric. Located just blocks from Drexel University, the University of Pennsylvania, and Powelton Village, this asset benefits from strong demand from students, young professionals, and medical staff. It’s walkable to campus, SEPTA transit lines, restaurants, and local amenities. Buyer is responsible for verifying any and all zoning, licensure, and usage requirements with the City of Philadelphia.
    338 days
    |
    85
    |
    8
    |

    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#: PAPH2522082MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      Basement
      • Area: 0
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Other
      Appliances
      • Included: Gas Water Heater
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 2,364
      • Total interior livable area: 2,364 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 963 Square Feet
      • Dimensions: 18.00 x 55.00
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 242159900
      • Zoning: CMX1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Townhouse
      Materials
      • Masonry
      • Foundation: Other
      Condition
      • New construction: No
      • Year built: 1930

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Philadelphia
      • Municipality: PHILADELPHIA

      Financial & listing details

      • Price per square foot: $275/sqft
      • Tax assessed value: $807,000
      • Annual tax amount: $11,296
      • Date on market: 8/1/2025
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,072/mo

        Price history

        DateEventPrice
        8/1/2025Listed for sale$650,000+225%$275/sqft
        Source: Bright MLS #PAPH2522082 Report a problem
        6/25/2024Listing removed--
        Source: Zillow Rentals Report a problem
        6/22/2024Listed for rent$750-21.1%
        Source: Zillow Rentals Report a problem
        11/14/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/23/2023Price change$950+26.7%
        Source: Zillow Rentals Report a problem
        10/2/2023Listed for rent$750
        Source: Zillow Rentals Report a problem
        9/24/2023Listing removed--
        Source: Zillow Rentals Report a problem
        7/19/2023Listed for rent$750-15.7%
        Source: Zillow Rentals Report a problem
        7/4/2023Listing removed--
        Source: Zillow Rentals Report a problem
        5/23/2023Listed for rent$890
        Source: Zillow Rentals Report a problem
        4/8/2023Listing removed--
        Source: Zillow Rentals Report a problem
        3/18/2023Listed for rent$890+18.7%
        Source: Zillow Rentals Report a problem
        2/27/2023Listing removed--
        Source: Zillow Rentals Report a problem
        1/31/2023Listed for rent$750
        Source: Zillow Rentals Report a problem
        2/5/2018Sold$200,000+154.5%$85/sqft
        Source: Public Record Report a problem
        10/18/2006Sold$78,600$33/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,296 +49.3%$807,000 +49.3%
        2024$7,566 $540,500
        2023$7,566 +42.3%$540,500
        2022$5,318 --
        2021$5,318 +3.9%--
        2018$5,118 +8.4%--
        2017$4,721 +47.2%--
        2016$3,207 --
        2015$3,207 --
        2014$3,207 +4.5%$229,100 +2675%
        2012$3,070 $8,256 +760%
        1999-- $960

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Mantua

        Getting around

        83 / 100
        Very Walkable
        62 / 100
        Good Transit
        98 / 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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