4008 Baring St Philadelphia, PA 19104
West Powelton NeighborhoodEstimated payment $5,104/month
Total Views
3,112
--
Bed
--
Bath
3,141
Sq Ft
$235
Price per Sq Ft
Highlights
- Forced Air Heating and Cooling System
- 4-minute walk to 40Th Street
- 5-minute walk to Saunders Park
About This Home
Amazing investment opportunity. This modern, fully occupied 3-unit, 7-bedroom multi-family property was built in 2012 and is situated in the highly sought-after West Powelton neighborhood of Philadelphia. Just a short walk from the University of Pennsylvania and Drexel University, ensuring consistent demand from students and professionals. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes two (2) two-bedroom, one-bathroom units and one (1) three-bedroom, two-bathroom unit. The units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, and much more. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Eight property portfolio, can be purchased individually or as a full / partial portfolio (4008, 4010, 4032 & 4011 Baring Street, 416-18 N. Wiota Street, 508 Budd Street, 1537 Swain Street and 1802 N. 5th Street). Seller is in the process of appealing taxes.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,259
Year Built
- Built in 2012
Lot Details
- 1,500 Sq Ft Lot
- Lot Dimensions are 20.00 x 75.00
Home Design
- 3,141 Sq Ft Home
- Triplex
- Concrete Perimeter Foundation
- Masonry
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Additional Features
- Finished Basement
Community Details
- 3 Units
- West Powelton Subdivision
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 061023300
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,734 | $875,800 | $175,160 | $700,640 |
| 2024 | $6,734 | $875,800 | $175,160 | $700,640 |
| 2023 | $1,347 | $481,100 | $96,220 | $384,880 |
| 2022 | $1,236 | $96,220 | $96,220 | $0 |
| 2021 | $1,236 | $0 | $0 | $0 |
| 2020 | $1,236 | $0 | $0 | $0 |
| 2019 | $1,190 | $0 | $0 | $0 |
| 2018 | $648 | $0 | $0 | $0 |
| 2017 | $648 | $0 | $0 | $0 |
| 2016 | $157 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $325,000 | $11,200 | $313,800 |
| 2012 | -- | $1,024 | $1,024 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | Price Changed | $739,000 | -1.5% | $235 / Sq Ft |
| 03/24/2025 03/24/25 | For Sale | $750,000 | -- | $239 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $85,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,117,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2460910
APN: 061023300
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 4010 Baring St
- 416-18 Wiota St
- 4011 Baring St
- 408 N Wiota St
- 329 N 40th St
- 4032 Baring St
- 441 N Wiota St
- 4026 Spring Garden St
- 419 N Budd St
- 427 N Budd St
- 37 N Preston St
- 3932 Spring Garden St
- 4019 Spring Garden St
- 341 N State St
- 4076 Spring Garden St
- 328 N 39th St
- 4063 Spring Garden St
- 4059 Filbert St
- 511 N Budd St
- 437 N 41st St
- 339 Wiota St
- 4017 Baring St
- 4030 Baring St
- 4021 Baring St Unit 4
- 325 N Preston St Unit 2
- 321 N Preston St Unit 2
- 321 N Preston St Unit 1R
- 333 N 40th St Unit 3B
- 333 N 40th St Unit 2C
- 333 N 40th St Unit 2A
- 333 N 40th St Unit 1C
- 321 N 40th St Unit 5
- 4034 Baring St Unit 2
- 439 N Wiota St Unit C
- 439 N Wiota St Unit B
- 344 N Sloan St
- 4042 Baring St Unit 3
- 429 N 40th St
- 437 N 40th St
- 4019 Spring Garden St Unit 3