503 N 40th St, Philadelphia, PA, 19104
About This Home
Wonderfully located, Renovated, West Powelton triplex. This property is fully renovated and is perfect for an owner occupant purchaser or investor. Unit 1 has 3 bedrooms and 2 bathrooms with a finished basement and a private rear yard space. Unit 2 and Unit 3 both have 2 bedrooms with 1 bathroom. All units have separate utilities, central air and hardwood flooring. This fully renovated triplex is well located in rapidly improving area. Unit 1 which is the largest unit is vacant for immediate owner occupancy. Unit 2 and 3 are already rented and under professional management. Property is located within walking distance to University on Penn Campus and Market Frankford train line into center city. Owner is licensed PA Broker. Great opportunity.
Getting Around
Very Walkable
Excellent Transit
Biker's ParadiseSchools
Construction
Condition
- Property condition: Very Good
- Year built: 1920
Materials
- Foundation: Stone
- Roof: Rubber
- Construction materials: Masonry
Notable Dates
- Major remodel year: 2023
Type & Style
- Home type: MultiFamily
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Area: 770
Basement
- Has basement: Yes
- Basement: Partially Finished,Full
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 4
Features
- Dry Wall
- Flooring: Wood
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 3,291
- Total interior livable area: 2,921 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 242239800
- Zoning: RM1
- Zoning description: Residential Triplex
- Special condition: Standard
Features
- Pool features: None
Lot
- Lot size: 1,523 sqft
- Lot size dimensions: 17.00 x 90.00
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Inland Flooding
- Tornado
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Pennsylvania Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,780 | $33,360 |
| Home Insurance * | $715 | $8,580 |
| Property Taxes | $491 | $5,892 |
| Electricity | $320 | $3,845 |
| Total | $4,306 | $51,672 |
Income You'd Need if You Spent...
Pennsylvania FAIR Plan Programs
Insurance Placement Facility of Pennsylvania/FAIR Plan
Wildfire
Hail
WindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-05 | Listed for sale | $549,900 |
| 2024-04-12 | Listing removed | -- |
| 2024-03-29 | Price change | $569,900 |
| 2024-03-15 | Price change | $574,900 |
| 2024-02-27 | Price change | $579,900 |
| 2024-02-21 | Price change | $584,900 |
| 2024-02-12 | Listed for sale | $589,900 |
| 2023-11-16 | Listing removed | -- |
| 2023-11-02 | Price change | $549,900 |
| 2023-09-27 | Price change | $569,900 |
| 2023-09-14 | Listed for sale | $574,900 |
| 2023-09-01 | Listing removed | $574,900 |
| 2023-08-15 | Price change | $574,900 |
| 2023-08-06 | Price change | $579,900 |
| 2023-07-24 | Price change | $582,900 |
| 2023-07-06 | Price change | $584,900 |
| 2023-06-13 | Price change | $579,900 |
| 2023-05-24 | Price change | $584,900 |
| 2023-04-27 | Listed for sale | $589,900 |
| 2022-12-01 | Listing removed | $629,900 |
| 2022-11-30 | Price change | $629,900 |
| 2022-10-29 | Price change | $624,900 |
| 2022-10-25 | Price change | $644,900 |
| 2022-10-13 | Price change | $649,900 |
| 2022-09-19 | Listed for sale | $624,900 |
| 2010-07-07 | Sold | $270,000 |
| 2006-01-12 | Sold | $246,500 |
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