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Street View
$600,000
Monthly Est:$2,986
6 Beds
2 Baths2 full baths
1,350sqft
416 N 31st Street, Philadelphia, PA 19104
$600,000
$2,986/moEst:
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Single Family Residence
Built in 1920
$-- HOA
1,672 sqft lot
$444/sq.ft
Description
Income-producing student rental opportunity in the heart of Powelton Village near Drexel University. 416 N 31st Street is a 6-bedroom, 2-bath property fully leased through August 31, 2026 at $4,600 per month, offering stable rental income in a highly desirable university neighborhood. The home offers a practical layout designed for student housing with large bedrooms, shared living areas, a full kitchen, and two full bathrooms. Its close proximity to Drexel University, the University of Pennsylvania, public transportation, and neighborhood amenities ensures strong and consistent rental demand. The property has experienced 100% occupancy with no meaningful vacancy history, making it a reliable investment opportunity. With low operating expenses, low property taxes, and low insurance costs, this property offers investors strong cash-flow potential in one of Philadelphia’s most established student rental markets.
Current Lease: $4,600/month through 8/31/2026. Annual Gross Rent: $55,200. Offered at $600,000
- Houzeo last checked: 0 minutes ago
- Listing updated: March 18, 2026 at 6:26 pm
- Listing Provided by: Frank L DeFazio (610) 636-4364 | BHHS Fox & Roach-Center City Walnut (215) 627-6005
- Source: Bright MLS-NJ | MLS#: PAPH2595382
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
Year Built
1920
HOA Fees
-
Finished Area
1,350 sqft
Lot Size
1,672 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
PAPH2595382
MLS Status
ACTIVE-BRIGHT
Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 2
Interior
Sewer
Public Sewer
Heating
Other
Cooling
Other
Construction
Year Built
Year Built: 1920
Home type
Single Family Residence
Construction Materials
Masonry
Architectural Style
Other, A Frame
Foundation Details
Other
Utilities & Energy
Water Source
Public
Basement
Full
Other Features
Subdivision Name
Powelton Village
Price History
| Date | Event | Price |
|---|---|---|
03/18/2026 Source: | Listed for Sale | $600,000 $444/sqft |
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