3816 SPRING GARDEN STREET, PHILADELPHIA, PA 19104
PHILADELPHIA County
Key Facts
Description
Located in the vibrant University City neighborhood, this turnkey multifamily property offers an incredible opportunity for both investors and owner-occupants. Just steps from Drexel University, Penn, and major hospitals, it’s in one of Philadelphia’s most desirable and consistently growing rental markets. Unit 1 is a spacious 2-bedroom, 1-bathroom apartment currently rented for $1,600/month. It features an updated kitchen and bathroom, along with exclusive access to a large private backyard, perfect for outdoor relaxation and entertaining. Unit 2 is a bi-level 3-bedroom, 2-bathroom residence currently rented for $2,200/month. The open-concept living and dining areas flow seamlessly to a private balcony through sliding glass doors, creating an airy and inviting space. The oversized primary bedroom is located on the main floor, while the upper level offers two additional bedrooms and a full bath. Original architectural details add to the property’s charm and character. With consistent rental history and zero vacancy, this property is exceptionally easy to lease thanks to its prime location near universities, hospitals, and cultural institutions. Whether you’re seeking a reliable cash-flowing investment or planning to live in one unit and rent out the other, this property is a rare find in Powelton Village.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Style
Other
Year Built
1920
Living Area
2,072 sq ft
Lot Size
0.04 acres
Lot Dimensions
16.00 x 107.00
Zoning
RM1
Days on Market
236
MLS® Listing#
PAPH2540218
Property Features
Appliances
Cooling
Heating
Pool
Parking
Sewer
Water Source
Schools
- District:
- PHILADELPHIA CITY
Financial Details
Annual Taxes
$6,128
Tax year 2025
Assessed Value
$437,800
Parcel Number
241204500
Directions
Spring garden st
Affordability Calculator
$109,000
Estimated monthly payment
$2,901/mo
Principal $436,000 · Est. interest $608,259 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in PHILADELPHIA, PA
- $303,020
- Median Listing Price
- 74
- Median Days on Market
- 1,330
- Median Sq Ft
- $201
- Median Price / Sq Ft
- 5,845
- Active Listings
- This home’s price is 80% above the area median.
- Its price per sq ft is 31% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in PHILADELPHIA, PA.
Location
Points of Interest in PHILADELPHIA, PA
Showing the PHILADELPHIA area map.
Nearby Schools
Powel Home & School Association
School · 0.2 mi away
McMichael Morton School
Elementary · 0.3 mi away
smart Start Academy of West Philadelphia
School · 0.4 mi away
Elwyn
School · 0.5 mi away
Belmont Charter School
School · 0.5 mi away
Radio Church of God & Bible School
School · 0.5 mi away
Paul Robeson High School for Human Services
Secondary · 0.5 mi away
Caring Center
School · 0.5 mi away
Our Mother of Sorrows/St. Ignatius of Loyola
School · 0.6 mi away
Moder Patshala
School · 0.7 mi away
Belmont Academy Charter School
School · 0.7 mi away
Alain Locke School
Elementary · 0.8 mi away
Martha Washington School
Elementary · 0.8 mi away
West Philadelphia High School
Secondary · 0.8 mi away
Penn Alexander School
Elementary · 0.8 mi away
Philadelphia Learning Academy South High School
Secondary · 0.8 mi away
Es Miller School
School · 0.8 mi away
School of the Future
Secondary · 0.9 mi away
City School
School · 1.0 mi away
Middle Years Alternative
Secondary · 1.0 mi away
Commute Calculator
Nearby Homes
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Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4522 COTTMAN AVENUE, PHILADELPHIA, PA | $384,900 | 5 | — | 1,634 |
| 5818 WOODCREST AVENUE, PHILADELPHIA, PA | $384,900 | 6 | — | 1,436 |
| 1915 MORSE STREET, PHILADELPHIA, PA | $385,000 | 4 | 3 | 1,446 |
| 2217 HOFFNAGLE STREET, PHILADELPHIA, PA | $385,000 | 4 | 3 | 1,569 |
| 1314 S 6TH, PHILADELPHIA, PA | $385,000 | 5 | — | 1,800 |
| 2032 S 22ND STREET, PHILADELPHIA, PA | $385,000 | 4 | — | 1,550 |
Moving Cost Estimate
EXIT Agents in PHILADELPHIA
Listing Courtesy: Compass RE - 2674358015