# 416 N 31ST STREET, PHILADELPHIA, PA 19104

> **TL;DR:** 6bd/2ba multi-family, $600,000 ($444/sqft), built 1920, 1,350 sqft. Est. $2,600/mo. Listed 23 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $600,000 |
| Price/sqft | $444 |
| Bedrooms | 6 |
| Bathrooms | 2 full |
| Square Feet | 1,350 |
| Year Built | 1920 |
| Lot Size | 1,742 sqft (0.04 acres) |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 23 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,600 |
| **Total** | **$2,600** |

## Property Highlights

- Built in 1920
- 0.04 acre lot

## Description

### Agent 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

## Location

- **Address:** 416 N 31ST STREET, PHILADELPHIA, PA 19104
- **County:** PHILADELPHIA
- **Neighborhood:** POWELTON VILLAGE
- **Coordinates:** 39.96241, -75.18749
- **Google Maps:** https://www.google.com/maps?q=39.96241,-75.18749

## Listing Agent

- **Name:** Frank DeFazio
- **Brokerage:** BHHS Fox & Roach Center City-Society Hill
- **Phone:** 6106364364
- **Email:** frank.defazio@foxroach.com

## Primary Photo

![416 N 31ST STREET - Primary Photo](http://lh.rdcpix.com/829967f2375f1eb52db76dc11f546dc3l-f530612213r.jpg)

*33 total photos available on [listing page](https://www.propertysimple.com/listing/416-n-31st-street-philadelphia-pa-19104-h2595382)*

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**MLS#:** PAPH2595382 | **Updated:** 2026-04-27
**Source:** listhub

*Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach,  Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/416-n-31st-street-philadelphia-pa-19104-h2595382)

---

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