$384,000
$16K PRICE DROP

Estimated payment $2,160/month

Total Views 3,649
-- Bed
-- Bath
2,003 Sq Ft
$192 Price per Sq Ft

Highlights

  • Traditional Architecture
  • 5-minute walk to Lancaster Avenue And Parrish Street
  • 4-minute walk to God Is Great Park
  • Heating Available

About This Home

Fully Leased Triplex | Great Rental Income | Prime House-Hack Opportunity
Invest smart in the heart of West Philadelphia with this income-producing gem in Mantua—830 N Preston St, a fully leased triplex offering strong cash flow, guaranteed Section 8 rent in one of three units, and the rare potential to live in one unit (if you choose), while tenants rental payments offset your monthly mortgage payment.

Step into a well-maintained, & professionally managed building with three separate units—one 1-bedroom, and two 2-bedroom units, each offering a full bath, washer/dryer, and bright, spacious layouts that tenants love. Each apartment has GREAT tenants and welcomes you with large, sun-filled windows, open-concept living and kitchen areas that feel modern and functional. Kitchens are designed for practicality, with wood cabinetry, gas ranges, microwaves, and full-size refrigerators—perfectly suited for long-term tenants or an owner-occupant. Bedrooms are generously sized, filled with natural light, and offer solid closet space, while clean, modern bathrooms ensure each unit is fully self-sufficient.

1 of the 3 units are leased through Section 8, offering dependable, government-backed payments—a key asset in today’s rental market. Safety and security are also covered with a building-wide fire alarm system, giving peace of mind to both tenants and owners alike. But here's the real opportunity: If you're looking to break into the market, why not house-hack? Live in one unit, and let the other two offset your monthly mortgage payment. (If you utilize FHA financing, you may be able to purchase with as little as 3.5% down!)
The location is unmatched. Situated in the up-and-coming Mantua neighborhood, you're minutes from Drexel University, University of Pennsylvania, the Philadelphia Zoo, and everything University City and Center City have to offer. Transit, nightlife, green spaces, and culture—all at your doorstep. This is the kind of property investors salivate for—secure income, strategic location, and flexibility to grow with your goals. Whether you're just starting out, building a portfolio, or stepping into homeownership the smart way, 830 N Preston St is ready to perform for you. Schedule your private showing today—and step into a future where your property pays you.

Listing Agent

Andre Richardson

(856) 617-1414 BossRealtor777@gmail.com HomeSmart Realty Advisors Listed on: 04/10/2025

HomeSmart Realty Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,673

Year Built

  • Built in 1915

Lot Details

  • 1,479 Sq Ft Lot
  • Lot Dimensions are 17.00 x 87.00

Parking

  • On-Street Parking

Home Design

  • 2,003 Sq Ft Home
  • Triplex
  • Traditional Architecture
  • Block Foundation
  • Masonry

Utilities

  • Heating Available
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • 3-Story Building
  • Mantua Subdivision

Listing and Financial Details

  • Tax Lot 151
  • Assessor Parcel Number 062240700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,673

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • New Construction: No
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Total Sq Ft: 2003
  • Living Area Sq Ft: 2003
  • Price Per Sq Ft: 191.71
  • Above Grade Finished Sq Ft: 2003
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • 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: No
  • Heating Fuel: Natural Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: 3rd Party

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 17.00 x 87.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1479.00
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Number Of Units Month To Month: 1
  • Owner Pays: Water
  • Rent Control: No
  • Total Actual Rent: 38240.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 936.00
  • Tax Annual Amount: 1673.00
  • Assessor Parcel Number: 062240700
  • Tax Lot: 151
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

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

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 $1,884 $403,800 $80,760 $323,040
2025 $1,884 $403,800 $80,760 $323,040
2024 $1,884 $403,800 $80,760 $323,040
2023 $1,884 $454,800 $90,960 $363,840
2022 $490 $134,621 $90,960 $43,661
2021 $490 $0 $0 $0
2020 $490 $0 $0 $0
2019 $471 $0 $0 $0
2018 $472 $0 $0 $0
2017 $472 $0 $0 $0
2016 $420 $0 $0 $0
2015 $4,368 $0 $0 $0
2014 -- $44,700 $6,656 $38,044
2012 -- $4,896 $1,149 $3,747
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2025 09/30/25 Price Changed $384,000 -1.3% $192 / Sq Ft
09/04/2025 09/04/25 Price Changed $389,000 -2.8% $194 / Sq Ft
04/10/2025 04/10/25 For Sale $400,000 0.0% $200 / Sq Ft
04/24/2023 04/24/23 Rented $1,025 0.0% --
04/15/2023 04/15/23 Price Changed $1,025 +5.1% $1 / Sq Ft
10/06/2022 10/06/22 Under Contract -- -- --
09/12/2022 09/12/22 Price Changed $975 -2.5% $0 / Sq Ft
09/06/2022 09/06/22 Price Changed $1,000 -7.0% $0 / Sq Ft
08/05/2022 08/05/22 For Rent $1,075 0.0% --
01/15/2021 01/15/21 Sold $345,000 -9.0% $172 / Sq Ft View Prior Sale
11/26/2020 11/26/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $379,000 -- $189 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $345,000 Settlement Engine Inc
Sheriffs Deed $19,500 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $258,750 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: PAPH2468330

Bright MLS

APN: 062240700