413 N Preston St, Philadelphia, PA 19104

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Sold Price
$450,000
List Price
$464,000
Closing Date
May 22, 2026
Days on Market
88
Status
CLOSED
MLS#
PAPH2568542
Living Area
3,348
Lot Size (Acres)
0.05
Style
Other
Year Built
1915
County
Philadelphia
School District
Philadelphia City

Property Description

A rare opportunity to own a fully rented, well-maintained triplex in the heart of University City. Each of the three units offers 3 bedrooms and 1 bathroom, combining spacious layouts with updated finishes and consistent rental demand. Unit 1: $1,400/month, Unit 2: $1,565/month, Unit 3: $1,100/month. All leases are secured through July 2026, providing immediate and reliable cash flow from day one. The property has been thoughtfully updated and cared for by ownership, ensuring smooth operation and low maintenance. Ideal for an investor seeking strong returns or an owner-occupant looking to live affordably, you can occupy one unit and let the other two cover your mortgage. Located near UPenn and Drexel University, this property sits in one of Philadelphia’s most desirable rental markets, surrounded by universities, hospitals, and public transportation. Whether you’re expanding your portfolio or searching for a smart house-hack opportunity, 413 Preston Street delivers dependable income and long-term appreciation potential.

Additional Information

Area
19104 (19104)
School District
Philadelphia City
Heating
Heat Pump
Cooling
Central Air
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of JBMP Group. Contact:

Selling Office: KW Empower.