229-31 N 65th St, Philadelphia, PA 19139

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229-31 N 65th St,Philadelphia, PA 19139
$525,000
  • 6 Beds
  • - Baths
  • 5,000 sq. ft.
  • Multi-family
  • Active
Listed by: varda yosef
Office: bhhs fox & roach-center city walnut
MLS#:PAPH2640954
Source:BRIGHTMLS

Price summary

  • Price:$525,000
  • Price per sq. ft.:$105

About this home

Exceptional income-producing quadplex located just minutes from the University of Pennsylvania and the heart of University City. This investment opportunity features four residential units, including three renovated 1-bedroom, 1-bath apartments that have historically leased for $1,200–$1,500 per month, and a spacious 3-bedroom, 3.5-bath unit that was leased for $2,400 per month. Three of the four units have been updated, while the remaining unit offers value-add potential through renovation. The property also includes a large detached garage that generated an additional $1,200 per month in rental income. With a total monthly income potential of approximately $7,200–$7,400, this property presents an outstanding opportunity for investors seeking strong cash flow in one of Philadelphia's most desirable rental markets, close to major universities, hospitals, public transportation, and neighborhood amenities.

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Home facts

  • Year built:1925
  • Listing ID #:PAPH2640954
  • Added:1 day(s) ago
  • Updated:June 25, 2026 at 03:35 AM

Rooms and interior

  • Bedrooms:6
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:5,000 sq. ft.

Heating and cooling

  • Cooling:Wall Unit
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1925
  • Building area:5,000 sq. ft.
  • Lot area:0.11 Acres
  • Architectural Style:Colonial
  • Construction Materials:Masonry
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$525,000
  • Price per sq. ft.:$105
  • Tax amount:$2,910 (2025)

Parking

  • Parking description:Attached Garage, Garage - Front Entry
  • Garage:Yes
  • Garage spaces:1