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Sold for $577,500
  • $577,500

    723 N 40th St, Philadelphia, PA 19104

    6beds
    3baths
    2,680sqft
    Triplex
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $215/sqft
    $1,915 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,915/mo

    Zestimate® history
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    $1,915/mo

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    What's special

    Your dream investment opportunity has arrived! This impressive triplex has been beautifully renovated and is ready for its next savvy owner. Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the others, this is the perfect property for you! Each of the three 2-bedroom, 1-bathroom units offers premium features including sleek white shaker cabinets, stainless-steel appliances, glass subway tile backsplash, black hardware accents, built-in microwaves, central air, and in-unit washer/dryers. You’ll also love the attention to detail with stylish wall paneling and the convenience of video doorbells and a fully equipped sprinkler system. Located in a prime area, you’re just minutes from University City, Drexel, UPenn, local dining, shopping, hospitals, and public transportation. Commuting is a breeze with easy access to the Market-Frankford Line, #10 trolley, and 41st Street Station, connecting you to all of Philadelphia’s regional train lines. Currently operating as AirBnB rentals, the units are generating solid income: $1,600 for Unit 1 (1st floor), $1,500 for Unit 2 (2nd floor), and $1,500 for Unit 3 (3rd floor). The unbeatable location puts you near iconic Philly landmarks like the Art Museum, Philadelphia Zoo, and Center City. Don’t miss out on this exceptional opportunity in one of the city’s most desirable areas! Schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Joy Marie Johnson 609-534-0212,

    United Real Estate

    Bought with:

    Candy Manning, RS342066

    Coldwell Banker Realty

    Source: Bright MLS,MLS#: PAPH2414572MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    Basement
    • Area: 0
    Heating
    • Forced Air, Hot Water, Natural Gas
    Cooling
    • Central Air, Natural Gas
    Appliances
    • Included: Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Dishwasher, Water Heater
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,680
    • Total interior livable area: 2,680 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 1,785 sqft
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 243113800
    • Zoning: RSA5
    • Zoning description: Legal Triplex
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Triplex
    Materials
    • Masonry
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 1915
    • Major remodel year: 2022

    Utilities & green energy

    • Electric: Fuses, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Security System
    Location
    • Region: Philadelphia
    • Subdivision: Belmont
    • Municipality: PHILADELPHIA

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    4/13/2026Listing removed$1,500$1/sqft
    Source: Zillow Rentals Report a problem
    2/6/2026Listed for rent$1,500$1/sqft
    Source: Zillow Rentals Report a problem
    1/27/2026Listing removed$1,500$1/sqft
    Source: Zillow Rentals Report a problem
    1/11/2026Price change$1,500-6.3%$1/sqft
    Source: Zillow Rentals Report a problem
    1/4/2026Listed for rent$1,600$1/sqft
    Source: Zillow Rentals Report a problem
    2/25/2025Sold$577,500-3.6%$215/sqft
    Source: Bright MLS #PAPH2414572 Report a problem
    1/17/2025Pending sale$599,000$224/sqft
    Source: Bright MLS #PAPH2414572 Report a problem
    1/4/2025Price change$599,000-0.2%$224/sqft
    Source: Bright MLS #PAPH2414572 Report a problem
    1/2/2025Listed for sale$599,900$224/sqft
    Source: Bright MLS #PAPH2414572 Report a problem
    11/10/2024Listing removed$599,900$224/sqft
    Source: Bright MLS #PAPH2414572 Report a problem
    10/28/2024Listed for sale$599,900-7.7%$224/sqft
    Source: Bright MLS #PAPH2414572 Report a problem
    8/25/2024Listing removed$649,999$243/sqft
    Source: Bright MLS #PAPH2314656 Report a problem
    5/2/2024Price change$649,999-3.7%$243/sqft
    Source: Bright MLS #PAPH2314656 Report a problem
    2/6/2024Listed for sale$675,000$252/sqft
    Source: Bright MLS #PAPH2314656 Report a problem
    6/13/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    4/7/2022Listed for rent$1,600$1/sqft
    Source: Zillow Rental Manager Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2021$1,674 +3.8%--
    2018$1,613 --
    2017$1,613 +16.7%--
    2016$1,382 --
    2015$1,382 --
    2014$1,382 +4.5%$98,700 +1672.6%
    2012$1,323 $5,568
    2011-- $5,568
    2010-- $5,568
    2009-- $5,568
    2008-- $5,568
    2007-- $5,568
    2006-- $5,568
    2005-- $5,568
    2004-- $5,568
    2003-- $5,568
    2002-- $5,568 +75.8%
    2000-- $3,168
    1999-- $3,168

    Find assessor info on the county website

    Neighborhood: Mantua

    Nearby schools

    GreatSchools rating
    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.

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