416 N 31st St, Philadelphia, PA 19104

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
416 N 31st St,Philadelphia, PA 19104
$600,000
  • 6 Beds
  • 2 Baths
  • 1,350 sq. ft.
  • Single family
  • Active
Listed by: frank l defazio
Office: bhhs fox & roach-center city walnut
MLS#:PAPH2595382
Source:BRIGHTMLS

Price summary

  • Price:$600,000
  • Price per sq. ft.:$444.44

About this home

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....

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1920
  • Listing ID #:PAPH2595382
  • Added:101 day(s) ago
  • Updated:June 27, 2026 at 05:26 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Basement:Yes
  • Basement Description:Full
  • Living area:1,350 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1920
  • Building area:1,350 sq. ft.
  • Lot area:0.04 Acres
  • Architectural Style:A-Frame
  • Construction Materials:Masonry
  • Levels:3 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$600,000
  • Price per sq. ft.:$444.44
  • Tax amount:$6,916 (2025)

Parking

  • Parking description:Off Street

New listings near 416 N 31st St