Incredible turn-key investment property! 4220 Powelton Ave, a well maintained house, is fully occupied until the end of August 2025. This cash flowing property is in a prime Drexel University off campus student housing location! The property boasts a well established record of Tenant payment history. Current rent: $2500/month, tenants pay all utilities, and with room to increase rent starting in September 2025. Many of this home's amazing features include: 4beds/2 large baths, separate living room, dining room and kitchen spaces. HUGE backyard with lots of patio and garden space (could be used as a double lot, may be able to subdivide.). There is also a gated side walkway. Located directly across the street from Drexel's Practice Fields makes 4220 Powelton Ave very popular with students. The walkout basement with headspace is perfect for storage or other uses. Within walking distance to Drexel University and all the dining and entertainment the area has to offer, this property is perfect to add to your portfolio. Schedule your appointment today!
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1915
Stories: 3
Living Area: 1,767 SqFt
Listing Office:
Office Name: RE/MAX Plus
Office Phone: (215) 422-3711
Listing Agent: Matin Haghkar
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 4
Exterior Features
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.04 Acres
Utilities
Utilities Information:
Heating: Baseboard
Cooling: None
School Info
Assigned Schools Information:
West Philadelphia High School, Public District Grades 9-12
Alain Locke Elementary School, Public District Grades KG-8
Other
Directions Information:
Directions: Please use GPS
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $379,999
Price Per SqFt: $215/SqFt
Tax Information:
Annual Amount: $3,821
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $118.1K more than the Median Sold Price and $16/SqFt more than other homes in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2385514
Listing Office:
Office Name: RE/MAX Plus
Office Phone: (215) 422-3711
Listing Agent: Matin Haghkar
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,964
Per Month
Principal & Interest
$1,897
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,206
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
2
/10
Alain Locke Elementary School
4550 Haverford Ave
Distance between this listing and this school0.38 miles
Public District Grades KG-8
High School
2
/10
West Philadelphia High School
4901 Chestnut St
Distance between this listing and this school0.66 miles
Public District Grades 9-12
Assigned Schools
2
/10
Alain Locke Elementary School
4550 Haverford Ave
Distance between this listing and this school0.38 miles
Public District Grades KG-8
Nearby Schools
8
/10
Penn Alexander School
4209 Spruce St
Distance between this listing and this school0.38 miles
Public District Grades KG-8
5
/10
Henry C. Lea School
4700 Locust St
Distance between this listing and this school0.57 miles
Public District Grades PK-8
Nearby Schools
6
/10
Middle Years Alternative School for the Humanities MYA
4725 Fairmont Ave
Distance between this listing and this school0.60 miles
Public District Grades 5-8
3
/10
Global Leadership Academy Charter School
4601 W Girard Ave
Distance between this listing and this school1.11 miles
Public Charter Grades KG-8
4
/10
Discovery Charter School
4700 Parkside Ave
Distance between this listing and this school1.35 miles
Public Charter Grades KG-8
Assigned Schools
2
/10
West Philadelphia High School
4901 Chestnut St
Distance between this listing and this school0.66 miles
Public District Grades 9-12
Nearby Schools
5
/10
Paul Robeson High School For Human Services
4125 Ludlow St
Distance between this listing and this school0.13 miles
Public District Grades 9-12
4
/10
Parkway West
4725 Fairmont Ave
Distance between this listing and this school0.60 miles
The neighbors living near this home have an average income of $24,118. Most Philadelphia, PA residents have annual incomes less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4220 Powelton Ave
What is the listing price of this property?
The listing price of 4220 Powelton Ave property is $379,999.
What type of property is this?
The property 4220 Powelton Ave is a townhouse located in Philadelphia, Pennsylvania, 19104.
Is this property for sale now?
Active Listing: 4220 Powelton Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 4220 Powelton Ave are: Alain Locke Elementary School: GreatSchools Rating 2/10West Philadelphia High School: GreatSchools Rating 2/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,821 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 7, 2020 for $369,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 4220 Powelton Ave has 4 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 4220 Powelton Ave is 1,767 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 4220 Powelton Ave is 1915.
This home is located at 4220 Powelton Ave in Philadelphia, PA and zip code 19104 in the Powelton neighborhood. This 1,767 square foot home, which was built in 1915, sits on a 0.04 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $379,999.
While more than 252 listings in Philadelphia, PA in October 2024 were sold above asking price, there were more than 237 listings sold at asking price, and more than 567 were sold below. In October 2024 in Philadelphia, PA there were 9.8% more homes for sale than in September 2024. While the average time on the market in October 2024 was 44 days, the median list price was $261,807.
From Rocket Homes Real Estate and based on county public records data.