$ 575,000
-
$575,000
Price -
0
Bed -
0
Bath -
2,934
SqFt
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About the Listing COMPASS2 - 3133495
3410 Race St is a 5-unit, three-story apartment building totaling ±3,330 SF, offered in Philadelphia's premier academic rental corridor. Located steps from Drexel University's main campus and minutes from the University of Pennsylvania, the property sits at the intersection of two world-class institutions that collectively generate one of the deepest and most durable pools of renter demand in the Mid-Atlantic. The building carries the classic Victorian character that defines Powelton Village — a neighborhood that continues to attract students, graduate researchers, faculty, and healthcare professionals employed at nearby Penn Medicine and CHOP. With a SEPTA station four minutes on foot and walkable access to the 40th Street retail corridor, tenants at 3410 Race St enjoy genuine transit-oriented convenience without sacrificing neighborhood livability. University City's 19104 zip code is one of the tightest rental submarkets in Philadelphia, consistently posting sub-5% vacancy driven by institutional enrollment cycles and anchor employers in healthcare and biotech. The property reflects a stabilized, income-producing asset with meaningful downside protection — the kind of profile that holds up across market cycles. For a 1031 exchange buyer or a portfolio investor seeking reliable academic-market income, this is a straightforward opportunity to add a well-located, fully tenanted building in a submarket where replacement supply is severely constrained. Contact us for rent roll, financials, and showing availability.
Listing Highlights
Status
Active
Days on Site
8
Property Type
Commercial Sale
MLS ®
PAPH2638328
Year Built
1915
Total Square Footage
2,934
Lot/Acreage
0.08
County
Philadelphia
Neighborhood
Powelton Village
Area
19104 (19104)
School District
Philadelphia City
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Radiator
- Fireplaces:
- Floor: Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Community
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 30.00 x 121.00
- Zoning: RTA1
- Roof: Flat,Slate,Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
3410 Race St Philadelphia, PA 19104
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