$900,000
$50K PRICE DROP

Estimated payment $5,665/month

Total Views 678
Studio
-- Bath
3,120 Sq Ft
$288 Price per Sq Ft

Highlights

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • 3-minute walk to Cat Park
  • Central Heating and Cooling System

About This Home

Prime cash flowing investment opportunity in the heart of University City! Welcome to 500 N 34th St, Philadelphia, PA 19104, a rare chance to own a high income potential property in one of Philadelphia’s strongest and fastest growing rental markets. Located just minutes from Drexel University, UPenn, major hospitals, public transportation, restaurants, and shopping, this property is ideally positioned to attract steady tenant demand year round. This spacious multi level property offers an excellent layout designed for maximizing rental income. The first floor features 4 private rooms and 3 bathrooms, the second floor includes 1 room and 1 bathroom, and the third floor offers an additional 4 private rooms and 3 bathrooms, providing exceptional flexibility for student housing, shared living, or long term rental strategies. With multiple income producing rooms, strong rental appeal, and a highly desirable location, this property presents an outstanding opportunity for investors looking to generate immediate cash flow while benefiting from long term appreciation. Large living spaces, abundant natural light, and convenient access to Center City, I 76, SEPTA, universities, and healthcare campuses further enhance the property’s value and tenant appeal. Whether you are expanding your portfolio or searching for your next high performing investment, this is an opportunity you do not want to miss.

Listing Agent

CHENG QIU ZHENG

(215) 583-7777 raygaber@comcast.net Realty Mark Cityscape Brokerage Phone: 2155837777 License #Rs343309 Listed on: 05/08/2026

Realty Mark Cityscape

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,294

Year Built

  • Built in 1935

Lot Details

  • 2,121 Sq Ft Lot
  • Lot Dimensions are 22.00 x 95.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Masonry

Interior Spaces

  • 3,120 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Baseboard Heater
  • Multi-Tank Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 100
  • Assessor Parcel Number 242151900

Community Details

Overview

  • 2 Units
  • 3-Story Building
  • Powelton Village Subdivision

Building Details

  • Income includes apartment rentals
  • Trash Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,294

Year Built

Built in 1935

Lot Details

2,121 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3120
  • Living Area Sq Ft: 3120
  • Price Per Sq Ft: 288.46
  • Above Grade Finished Sq Ft: 3120
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Electric, Central
  • Heating: Yes
  • Hot Water: Multi-Tank, Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 22.00 x 95.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2121.00
  • Zoning: RM1

Rental Info

  • Ground Rent Exists: No
  • Total Actual Rent: 85800.00
  • Vacation Rental: No

Tax Info

  • School Tax: 5205.00
  • Tax Annual Amount: 9294.00
  • Assessor Parcel Number: 242151900
  • Tax Lot: 100
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,295 $664,000 $132,800 $531,200
2025 $8,498 $1,045,300 $209,060 $836,240
2024 $8,498 $1,045,300 $209,060 $836,240
2023 $8,498 $607,100 $121,420 $485,680
2022 $8,848 $607,100 $121,420 $485,680
2021 $8,848 $0 $0 $0
2020 $8,848 $0 $0 $0
2019 $8,516 $0 $0 $0
2018 $4,470 $0 $0 $0
2017 $4,470 $0 $0 $0
2016 $4,470 $0 $0 $0
2015 $3,708 $0 $0 $0
2014 -- $319,300 $39,427 $279,873
2012 -- $16,128 $3,398 $12,730
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2026 06/04/26 Price Changed $900,000 -5.3% $288 / Sq Ft
05/08/2026 05/08/26 For Sale $949,999 +100.0% $304 / Sq Ft
06/28/2016 06/28/16 Sold $475,000 -17.4% $152 / Sq Ft View Prior Sale
05/07/2016 05/07/16 Pending -- -- --
11/01/2015 11/01/15 For Sale $575,000 -- $184 / Sq Ft
Source: Bright MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $475,000 None Available
Deed $205,000 --
Deed $118,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $285,000 Commercial
Previous Owner $164,000 Commercial
Source: Public Records

Source: Bright MLS

MLS Number: PAPH2618140

Bright MLS

APN: 242151900

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