2 months on rocket

864 N 40th St, Philadelphia, PA, 19104

$285,000

Home List Price

$3,384*

Closing Credit

0 Baths
2,086 SqFt
$137/SqFt
Multi

Location

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864 N 40th St, Philadelphia$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingNone
Year Built1915
HeatingBaseboard
CoolingNone
MLS #PAPH2401788
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 864 N 40th St

Multi-family property located in the Belmont area of West Philadelphia. This tri-plex is currently set up as three 1-bedroom, 1-bathroom apartments. First floor has access to a backyard. Unit 1 is currently rented for $950 plus $20 for water per month; lease expires 4/30/2025. Unit 2 is currently rented for $900 plus $20 for water per month; lease expires 3/31/2025. Unit 3 is currently rented for $795 plus $20 for water per month; lease expires 10/31/25. This building is in close proximity to public transportation (trolley and bus), Fairmount Park, the Philadelphia Zoo, Drexel University, Philadelphia Museum of Art and UPenn!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1915
  • Living Area: 2,086 SqFt

Listing Office:

  • Office Name: New Age Realty Group Inc
  • Office Phone: (215) 387-1002
  • Listing Agent: Nicole Caprario

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

Other

Directions Information:

  • Directions: Use GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000
  • Price Per SqFt: $137/SqFt

Tax Information:

  • Annual Amount: $1,271
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$265.3K

Med. Price/SqFt

$200

Avg. Days On Market

45

# of Sold Homes

946

864 N 40th St vs Philadelphia

85 DAYS ON ROCKET

+40 Days

$285,000

+$19.6K More

$137/SqFt

-$64 Less

KEY TAKEAWAY

This property is $19.6K more than the Median Sold Price and $64/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2401788

Listing Office:

  • Office Name: New Age Realty Group Inc
  • Office Phone: (215) 387-1002
  • Listing Agent: Nicole Caprario

IDX 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.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 8:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 14, 2016Home Sold
$22,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,271 -
2019$697$49,800
2018$1,139$81,400
2017$1,139$81,400

History based on county public records data.

Payment Calculator

$1,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

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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.

Nearby Schools

school-card-donut-926179
3
/10

  • Inquiry Charter School

  • 1301 Belmont Ave

  • 0.60 miles

  • Public Charter Grades PK-5

school-card-donut-926180
5
/10

  • Samuel Powel Elementary School

  • 301 N 36th St

  • 0.82 miles

  • Public District Grades KG-4

school-card-donut-926181
3
/10

  • Universal Institute Charter School at Bluford

  • 5801 Media St

  • 1.74 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,206. The majority of Philadelphia, PA residents have income less than $35k annually. The most common type of family is 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

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19104›864 N 40th St

This home is located at 864 N 40th St in Philadelphia, PA and zip code 19104 in the Belmont neighborhood. This 2,086 square foot home, which was built in 1915, sits on a 0.03 acre lot. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $285,000.

Philadelphia, PA housing market in November 2024 saw over 219 listings sold above listed price, more than 204 sold at listed price and over 523 sold below. In November 2024 in Philadelphia, PA there were 1.8% more homes for sale than in October 2024. Listings spent 45 days on the market in November 2024, and had a median list price of $265,372 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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