Investor Alert: Prime Conversion Opportunity in University City This large multi-family duplex is an exceptional investment opportunity in the highly sought-after University City neighborhood, located within the prestigious Penn Alexander Catchment Area. Ideal for conversion into a 4-6 unit investment property, rooming house, or multi-suite rental, this property offers the scale and location that discerning investors seek. The primary front unit boasts 8 spacious bedrooms 6 full bathrooms 2 full kitchens A main-level bedroom with en-suite bathroom Additional bedrooms and bathrooms across the 2nd and 3rd floors, perfectly suited for multi-resident living A secondary rear unit includes: 1 bedroom, 1 bathroom Private entrance via a side walkway, ideal for privacy. Additional features: Full basement with laundry facilities Significant interior square footage for future reconfiguration Centrally located with easy access to University of Pennsylvania (UPenn), Children’s Hospital of Philadelphia (CHOP), Center City, VA Hospital, and Philadelphia International Airport (PHL) This property is ripe for redevelopment, offering both strong rental potential and long-term value appreciation in one of Philadelphia’s most vibrant and dynamic submarkets.
For sale
$825,000
503 S 42nd St, Philadelphia, PA 19104
10beds
8baths
2,805sqft
Est.:
Duplex
Built in 1930
-- sqft lot
$805,800 Zestimate®
$294/sqft
$-- HOA
What's special
- 34 days
- on Zillow |
- 451 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: July 13, 2025 at 06:01am
Listed by:
Vaughn Slater 610-656-9090,
Wolverton & Company LLC 6109949750
Source: Bright MLS,MLS#: PAPH2512620

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Wall Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Basement: Partially Finished,Concrete
- Has fireplace: No
Interior area
- Total structure area: 2,805
- Total interior livable area: 2,805 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Patio & porch: Porch
- Exterior features: Lighting
- Pool features: None
Lot
- Size: 2,678 Square Feet
- Dimensions: 26.00 x 103.00
- Features: Urban
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 271201800
- Zoning: RTA1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Duplex
Materials
- Masonry
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $294/sqft
- Tax assessed value: $739,400
- Annual tax amount: $10,350
- Date on market: 7/4/2025
- Listing agreement: Exclusive Right To Sell
- Exclusions: Tenant Possessions
- Ownership: Fee Simple
- Total actual rent: 81600
- Income includes: Apartment Rentals
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