Listed price in listed location currency (USD).
$575,000

000

MLS® PAPH2638328

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 1
Lot Size 0.08 Acres
Approx. Age 1915
MLS® Number PAPH2638328

Property Address: 3410 Race St, PHILADELPHIA, PA, 19104-4928

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

Description

3410 Race St is a 5-unit, three-story apartment building totaling ±3, 330 SF, offered in Philadelphia's premier academic rental corridor. Located steps from Drexel University's main campus and minutes from the University of Pennsylvania, the property sits at the intersection of two world-class institutions that collectively generate one of the deepest and most durable pools of renter demand in the Mid-Atlantic. The building carries the classic Victorian character that defines Powelton Village — a neighborhood that continues to attract students, graduate researchers, faculty, and healthcare professionals employed at nearby Penn Medicine and CHOP. With a SEPTA station four minutes on foot and walkable access to the 40th Street retail corridor, tenants at 3410 Race St enjoy genuine transit-oriented convenience without sacrificing neighborhood livability. University City's 19104 zip code is one of the tightest rental submarkets in Philadelphia, consistently posting sub-5% vacancy driven by institutional enrollment cycles and anchor employers in healthcare and biotech. The property reflects a stabilized, income-producing asset with meaningful downside protection — the kind of profile that holds up across market cycles. For a 1031 exchange buyer or a portfolio investor seeking reliable academic-market income, this is a straightforward opportunity to add a well-located, fully tenanted building in a submarket where replacement supply is severely constrained. Contact us for rent roll, financials, and showing availability.
MLS® NumberPAPH2638328
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1915
Basement
DrivewayOn Street
Garage Spaces
HeatRadiator, Natural Gas
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 23, 2026List Date
$575,000List Price
  • Commute

Commute

Starting Address
Destination Address
3410 Race St, Philadelphia, PA

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