3410 RACE STREETPHILADELPHIA, PA 19104

Commercial · 2,934 Sq. ft. | 0.08 Acres
$575,000 ACTIVE

3410 RACE STREET Overview

Time on Site:
7 days
Visits:
1

3410 Race St is a 5-unit, three-story apartment building totaling ±3,330 SF, offered in Philadelphia's premier academic rental corridor. Located steps from Drexel University's main campus and minutes from the University of Pennsylvania, the property sits at the intersection of two world-class institutions that collectively generate one of the deepest and most durable pools of renter demand in the Mid-Atlantic. The building carries the classic Victorian character that defines Powelton Village — a neighborhood that continues to attract students, graduate researchers, faculty, and healthcare professionals employed at nearby Penn Medicine and CHOP. With a SEPTA station four minutes on foot and walkable access to the 40th Street retail corridor, tenants at 3410 Race St enjoy genuine transit-oriented convenience without sacrificing neighborhood livability. University City's 19104 zip code is one of the tightest rental submarkets in Philadelphia, consistently posting sub-5% vacancy driven by institutional enrollment cycles and anchor employers in healthcare and biotech. The property reflects a stabilized, income-producing asset with meaningful downside protection — the kind of profile that holds up across market cycles. For a 1031 exchange buyer or a portfolio investor seeking reliable academic-market income, this is a straightforward opportunity to add a well-located, fully tenanted building in a submarket where replacement supply is severely constrained. Contact us for rent roll, financials, and showing availability.

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3410 RACE STREET Facts & Features

  • Type Commercial
  • Sq. ft. 2,934
  • Price/Sq.ft. $196
  • Lot 0.08 Acres

Details

General

Income/Expenses

  • Net Operating Income: 26076.00

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1915

Business Information

  • Business Type: Apartment Building

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19104 (19104)
  • Subdivision Name: POWELTON VILLAGE

Parking Information

  • Total Parking Spaces: 0
  • Type of Parking: On Street

Rent/Lease Information

  • Lease Considered: No

Tax Information

  • City/Town Tax Payment Frequency: Annually
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $0.00
  • Tax Year: 2025

General Information

  • Exclusions: Tenant possessions
  • Property Sub Type: Five Or More Units
  • Property Type: Commercial Sale
  • School District Name: PHILADELPHIA CITY
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2026
  • Zoning: RTA1

Unit Information

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Interior

Building Information

  • Cooling Fuel: None
  • Heating Fuel: Natural Gas
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 2934.00
  • Central Air: No
  • Hot Water: 60+ Gallon Tank

General Information

  • Accessibility Features: None
  • Cooling: None
  • Flooring: Hardwood

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 30.00 x 121.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3566.00
  • Lot Size Units: Square Feet
  • Water Source: Community

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Stucco, Stone
  • Roof: Flat, Slate, Shingle

General Information

  • Number Of Units Total: 5
  • Sewer: Public Sewer
  • Water Access: No

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Total Rent: 1120.00

Unit 2 Details

  • Unit Type: Unit 2
  • Total Rent: 1120.00

Unit 3 Details

  • Unit Type: Unit 3

Unit 4 Details

  • Unit Type: Unit 4
  • Total Rent: 1100.00

Unit 5 Details

  • Unit Type: Unit 5
  • Total Rent: 1700.00

3410 RACE STREET Neighborhood

Community

19104 (PHILADELPHIA) Demographics

23
Median Age
16,705
Population Density (per sq. mile)
45%
College Educated
$28,603
Estimated Median Income
3,460
Estimated Total Home Owners
13,048
Estimated Total Renters
21% / 79%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

3410 RACE STREET Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3410 RACE STREET Market Data

Based on the last 30 days in this zip code

$334,006
Average List Price
$193
Average Price per Square Foot
7
Properties Sold
101
Average Days on Market
122
Properties for Sale
Calculations provided by Reliance Network

3410 RACE STREET History

Date Event Value Agent
6/23/2026Source: BRIGHT MLS Added to Database
June 23, 2026
Listing provided courtesy of Compass Pennsylvania, LLC- MLS# PAPH2638328MLS ProviderContact Information: [email protected] - 6108223356