USAPAPhiladelphiaParkside929 N 40Th St
Listing image | Image 1

929 N 40Th St, Philadelphia, PA

House

For Sale

Listed price in listed location currency (USD).
$1,188,250

000

MLS® PAPH2673176

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 5032 sqft
Garage 
Taxes $100
Days Active 24
Lot Size 0.06 Acres
Approx. Age 2025
Avg. Price Per Sqft $236
MLS® Number PAPH2673176

Property Address: 929 N 40th St, PHILADELPHIA, PA, 19104-1133

Average square foot calculated using Size range provided by listing agent.

Description

929 N 40th Street presents a strong mixed-use investment opportunity with immediate cash flow, diversified income, and built-in rent growth. This property features six income-producing spaces, including one commercial unit and five residential units. The property currently generates $8, 992 in monthly gross income, totaling $107, 904 in annual gross income. Based on the provided expenses, the property produces an estimated annual NOI of approximately $101, 808–$101, 908, in-place cap rate of 8%. The commercial space is leased at $2, 250 per month on a 5-year lease with 3% annual increases, providing investors with stable income and built-in rent growth. Residential rents include Unit A at $1, 150/month, Unit B at $1, 692/month, Unit C at $1, 300/month, Unit D at $1, 300/month, and Unit E at $1, 300/month. Property Highlights: • Mixed-use investment with commercial and residential income • Six income-producing spaces • Current monthly gross income: $8, 992 • Annual gross income: $107, 904 • Estimated NOI: approximately $101, 808–$101, 908 • 5-year commercial lease with 3% annual increases • Tax abatement in place • Potential 1031 tax-deferred exchange opportunity 929 N 40th Street is positioned as an attractive opportunity for investors seeking cash flow, stability, and long-term upside in Philadelphia. The combination of residential income and a long-term commercial lease creates multiple revenue streams and added income security. This property may also be a strong option for investors looking to complete a 1031.
MLS® NumberPAPH2673176
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2025
Basement
DrivewayOn Street
Garage Spaces
HeatForced Air, Electric
A/CCentral A/C, Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 22, 2026List Date
$1,188,250List Price
  • Commute

Commute

Starting Address
Destination Address
929 N 40Th St, Philadelphia, PA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties

Explore eXpFind an AgentJoin eXpInvestor RelationsCompany CareersHome Guides
eXp LifeZoocasaSUCCESSeXp RevenoseXp CommercialeXp LuxuryeXp Land and Ranch
Terms and ConditionsPrivacy Rights RequestPrivacy PolicyCookie PolicyBrand GuidelinesSitemap

2219 Rimland Drive, Suite 301, Bellingham, Washington, 98226

1 833-303-0610

[email protected]

eXp REALTY

DMCA Notice

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply

Fair Housing and Reasonable Accommodations

MLS Compliance Statements

Karen Richards - Designated Managing Broker, Broker Operations - TX

Texas Real Estate Commission information about brokerage services

Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations.The Fair Housing Notice →

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H.Learn More →

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny - Designated Broker

eXp Realty of Southern California, Inc. | CA DRE#01325837 | Jason Crawford – Designated Broker

eXp Realty of Greater Los Angeles, Inc. | CA DRE# 01240990 | Mike Mendibles - Designated Broker

eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas - Designated Broker

© 2026 eXp Realty. eXp World Holdings, Inc. All Rights Reserved