503 N 40th St Philadelphia, PA 19104
West Powelton NeighborhoodEstimated payment $3,637/month
Total Views
17,134
Studio
--
Baths
2,921
Sq Ft
$181
Price per Sq Ft
Highlights
- Wood Flooring
- 2-minute walk to Lancaster Avenue And Spring Garden Street
- Property is in very good condition
- Samuel Powel School Rated 9+
- 90% Forced Air Heating and Cooling System
- 2-minute walk to Urban Thinkscape
About This Home
Wonderfully located, Renovated, West Powelton triplex. This property is fully renovated and is perfect for an owner occupant purchaser or investor. Unit 1 has 3 bedrooms and 2 bathrooms with a finished basement and a private rear yard space. Unit 2 and Unit 3 both have 2 bedrooms with 1 bathroom. All units have separate utilities, central air and hardwood flooring. This fully renovated triplex is well located in rapidly improving area. Unit 1 which is the largest unit is vacant for immediate owner occupancy. Unit 2 and 3 are already rented and under professional management. Property is located within walking distance to University on Penn Campus and Market Frankford train line into center city. Owner is licensed PA Broker. Great opportunity.
Listing Agent
(610) 206-3955 sf@sellfastre.com Opulent Realty Group LLC Brokerage Phone: 6102063955 License #RM425920 Listed on: 06/05/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,562
Year Built
- Built in 1920 | Remodeled in 2023
Lot Details
- 1,523 Sq Ft Lot
- Lot Dimensions are 17.00 x 90.00
- Property is in very good condition
Parking
- On-Street Parking
Home Design
- Triplex
- Stone Foundation
- Rubber Roof
- Masonry
Interior Spaces
- Wood Flooring
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Utilities
- 90% Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Natural Gas Water Heater
- Municipal Trash
- Cable TV Available
Community Details
- 3 Units
- 3-Story Building
- West Powelton Subdivision
Listing and Financial Details
- Tax Lot 95
- Assessor Parcel Number 242239800
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2027 | $8,563 | $576,000 | $115,200 | $460,800 |
| 2026 | $8,563 | $611,700 | $122,340 | $489,360 |
| 2025 | $5,595 | $611,700 | $122,340 | $489,360 |
| 2024 | $5,595 | $611,700 | $122,340 | $489,360 |
| 2023 | $5,595 | $399,700 | $79,940 | $319,760 |
| 2022 | $5,595 | $399,700 | $79,940 | $319,760 |
| 2021 | $4,720 | $0 | $0 | $0 |
| 2020 | $4,720 | $0 | $0 | $0 |
| 2019 | $4,544 | $0 | $0 | $0 |
| 2018 | $2,888 | $0 | $0 | $0 |
| 2017 | $2,888 | $0 | $0 | $0 |
| 2016 | $2,745 | $0 | $0 | $0 |
| 2015 | $2,628 | $0 | $0 | $0 |
| 2014 | -- | $206,300 | $15,531 | $190,769 |
| 2012 | -- | $5,952 | $251 | $5,701 |
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 |
|---|---|---|---|---|
| 08/25/2026 08/25/26 | Price Changed | $529,900 | -3.6% | $181 / Sq Ft |
| 06/05/2026 06/05/26 | For Sale | $549,900 | -- | $188 / 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 | $270,000 | First American Title Ins Co | |
| Deed | $246,500 | Lawyers Title Insurance Co |
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 | $260,500 | FHA | |
| Previous Owner | $184,875 | Commercial |
Source: Public Records
About the Listing Agent
+20 years of sales experience serving Philadelphia area and South Jersey.
- Been a professional part in over 3,000 real estate transactions
- Love educating and helping people
- Very knowledgeable
- Manage Construction Team
- Manage Rental Properties
- Coach Investors on process
- Engineer by degree (Temple University)
- Very Well connected
- Personally own lots of homes
- Endless experience
Seth's Other Listings
Source: Bright MLS
MLS Number: PAPH2623226
APN: 242239800
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