643 N Preston St, Philadelphia, PA 19104
Local realty services provided by:ERA Byrne Realty
643 N Preston St,Philadelphia, PA 19104
$250,000
- 7 Beds
- - Baths
- 2,580 sq. ft.
- Multi-family
- Pending
Listed by: eric d feinberg
Office: keller williams realty group
MLS#:PAPH2621198
Source:BRIGHTMLS
Price summary
- Price:$250,000
- Price per sq. ft.:$96.9
About this home
Located in the heart of Philadelphia’s booming University City neighborhood, this is an exceptional opportunity for investors, developers, and builders to capitalize on one of the city’s fastest-growing areas. Positioned along the highly visible Lancaster Avenue commercial corridor, the property offers incredible potential for redevelopment and long-term appreciation. There are so many new constructions on the block; come and be the next developer. The work has been made easy for you.
The building has already been framed for a three-unit layout, featuring spacious two-bedroom units on the second and third floors. The first floor was previously approved for restaurant use, though buyers should verify the current status of any permits with the city.
Surrounded by strong rental demand driven by students from Drexel University and the University of Pennsylvania, as well as young professionals, this location is primed for continued growth. The ongoing expansion of Schuylkill Yards is expected to further transform the area and increase property values for years to come.
Whether you’re looking to develop 3 apartments or create a mixed-use investment property, this property presents endless possibilities in a rapidly appreciating market.
No power in the building. So, please bring a flashlight with you. Don’t miss this rare investment opportunity — submit your offer today!...
Contact an agent
Home facts
- Year built:1925
- Listing ID #:PAPH2621198
- Added:52 day(s) ago
- Updated:July 06, 2026 at 07:47 AM
Rooms and interior
- Bedrooms:7
- Flooring:Rough-In
- Basement:Yes
- Basement Description:Interior Access, Walkout Stairs
- Living area:2,580 sq. ft.
Structure and exterior
- Year built:1925
- Building area:2,580 sq. ft.
- Lot area:0.03 Acres
- Lot Features:Rear Yard, Urban
- Architectural Style:Traditional
- Construction Materials:Masonry
- Exterior Features:Patio(s), Sidewalks, Street Lights
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$250,000
- Price per sq. ft.:$96.9
- Tax amount:$1,979 (2025)
Parking
- Parking description:On Street
New listings near 643 N Preston St
- New
$225,000Active3 beds 2 baths1,128 sq. ft.1710 S 24th St, PHILADELPHIA, PA 19145
MLS# PAPH2644364Listed by: HIGGINS & WELCH REAL ESTATE, INC. - New
$249,900Active3 beds 2 baths1,908 sq. ft.4725 Rosehill St, PHILADELPHIA, PA 19120
MLS# PAPH2644366Listed by: EXIT ELEVATE REALTY - New
$85,000Active3 beds 1 baths992 sq. ft.2511 S Millick St, PHILADELPHIA, PA 19142
MLS# PAPH2643480Listed by: HIGGINS & WELCH REAL ESTATE, INC. - Coming Soon
$210,000Coming Soon3 beds 2 baths6764 Hegerman St, PHILADELPHIA, PA 19135
MLS# PAPH2644292Listed by: FOWLER AND CO - Coming Soon
$389,900Coming Soon3 beds 2 baths10227 N Canterbury Rd, PHILADELPHIA, PA 19114
MLS# PAPH2644230Listed by: KELLER WILLIAMS REAL ESTATE-LANGHORNE - Coming SoonOpen Sat, 11am to 12:30pm
$374,900Coming Soon2 beds 3 baths1613 Brown St #a, PHILADELPHIA, PA 19130
MLS# PAPH2644224Listed by: KELLER WILLIAMS REAL ESTATE-BLUE BELL - New
$549,900Active4 beds -- baths2,200 sq. ft.9208 Ambassador Pl, PHILADELPHIA, PA 19115
MLS# PAPH2644346Listed by: HOWARD HANNA REAL ESTATE SERVICES - New
$350,000Active3 beds 2 baths2,049 sq. ft.10830 Perrin Rd, PHILADELPHIA, PA 19154
MLS# PAPH2644348Listed by: DAN REALTY - New
$530,000Active3 beds 2 baths1,608 sq. ft.2008 Trenton Ave, PHILADELPHIA, PA 19125
MLS# PAPH2644338Listed by: ONYX MANAGEMENT GROUP - Coming SoonOpen Sat, 12 to 1pm
$389,900Coming Soon2 beds 2 baths1839 S Watts St, PHILADELPHIA, PA 19148
MLS# PAPH2644334Listed by: COMPASS PENNSYLVANIA, LLC