3800 Spring Garden St, Philadelphia, PA 19104

Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
3800 Spring Garden St,Philadelphia, PA 19104
$638,000
  • 5 Beds
  • - Baths
  • 2,499 sq. ft.
  • Multi-family
  • Active
Listed by: margaret mccain
Office: coldwell banker residential brokerage - princeton
MLS#:PAPH2540174
Source:BRIGHTMLS

Price summary

  • Price:$638,000
  • Price per sq. ft.:$255.3

About this home

Turnkey Corner Triplex in Powelton Village – 5%+ Cap Rate | Fully Leased Welcome to 3800 Spring Garden Street, a fully occupied corner triplex in the heart of Powelton Village / University City, one of Philadelphia’s most dependable and high-demand rental corridors. Surrounded by Drexel University, the University of Pennsylvania, CHOP, and Presbyterian Hospital, this location supports consistent tenant demand and long-term rental stability. The property is fully leased with reliable tenants in place and offers immediate income from day one. Based on current rents and expenses, the building operates at an approximate 5%+ cap rate, making it a stabilized, income-producing asset well suited for buy-and-hold investors. Each unit features efficient layouts and updated bathrooms. The building includes separate electric meters, shared basement laundry, and accessible basement mechanicals, allowing for straightforward management and controlled operating costs. Property Highlights: • Fully

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Home facts

  • Year built:1920
  • Listing ID #:PAPH2540174
  • Added:325 day(s) ago
  • Updated:February 23, 2026 at 02:42 PM

Rooms and interior

  • Bedrooms:5
  • Living area:2,499 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central, Natural Gas

Structure and exterior

  • Roof:Flat
  • Year built:1920
  • Building area:2,499 sq. ft.
  • Lot area:0.02 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$638,000
  • Price per sq. ft.:$255.3
  • Tax amount:$7,298 (2025)

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