229-31 N 65th St
Listing Notes
Exceptional income-producing quadplex located just minutes from the University of Pennsylvania and the heart of University City. This investment opportunity features four residential units, including three renovated 1-bedroom, 1-bath apartments that have historically leased for $1,200-$1,500 per month, and a spacious 3-bedroom, 3.5-bath unit that was leased for $2,400 per month. Three of the four units have been updated, while the remaining unit offers value-add potential through renovation. The property also includes a large detached garage that generated an additional $1,200 per month in rental income. With a total monthly income potential of approximately $7,200-$7,400, this property presents an outstanding opportunity for investors seeking strong cash flow in one of Philadelphia's most desirable rental markets, close to major universities, hospitals, public transportation, and neighborhood amenities.
Price in context
Cheaper than 0% of the 24 homes listed nearby right now, which run $289,000 to $525,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 228 S Edgewood St | $289,000 | 3 bd · 3 ba |
| 219 S 58th St | $289,000 | 3 bd · 1.5 ba |
| 6028 Cedar Ave | $289,700 | 3 bd · 2.5 ba |
| 6130 W Columbia Ave | $290,000 | 4 bd · 2.5 ba |
| 1447 N 55th St | $295,000 | 6 bd · 3 ba |
| 1467 N 60th St | $299,000 | 3 bd · 2 ba |
| 220 N 54th St | $299,000 | — |
| 343 N 60th St | $299,900 | — |
| 7328 Ruskin Rd | $299,900 | — |
| 7326 Ruskin Rd | $299,900 | — |
| 1350 Kimberly Dr | $299,900 | 3 bd · 2 ba |
| 5550 Cedar Ave | $299,900 | 4 bd · 1.5 ba |
| 1515 N Edgewood St | $299,999 | 4 bd · 2.5 ba |
| 6226 Race St | $319,000 | — |
| 5712 Dunlap St | $324,900 | 3 bd · 1.5 ba |
| 1018 N 64th St | $329,000 | 5 bd · 2 ba |
| 1234 N 55th St | $329,999 | — |
| 6116 Callowhill St | $340,000 | 4 bd · 2.5 ba |
| 5520 Walton Ave | $349,000 | 2 bd · 2.5 ba |
| 620 S 55th St | $350,000 | 4 bd · 1 ba |
| 6218 Pine St | $379,900 | 3 bd · 2.5 ba |
| 5410 Delancey St | $379,999 | — |
| 275 S 56th St | $399,000 | — |
| 5516 Cedar Ave | $415,000 | 4 bd · 2.5 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more