New

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$740,000

18 hours ago

610 N Union St, Philadelphia, PA

0 Bed

0 Bath

2800 sqft

MLS® PAPH2583862

Key Facts
Description
Map

Key Facts

Type Duplex

Levels Residential Income

Size 2800 sqft

Garage No

Taxes $1,117

Days Active 0

Lot Size 0.02 acres

Approx. Age 2023

Avg. Price Per Sqft $264

MLS® Number PAPH2583862

Property Address: 610 N Union St, Philadelphia, PA, 19104-1861

Average square foot calculated using Size range provided by listing agent.

Description

Introducing a recently developed ground-up construction duplex investment opportunity in Philadelphia’s rapidly evolving Mantua neighborhood, one of West Philadelphia’s most active development corridors, just minutes from University City. Completed in 2023, this modern asset benefits from Philadelphia’s original 10-year tax abatement with approximately seven years remaining, supporting strong cash flow and long-term investment stability. The property features two spacious bi-level apartments, each offering three bedrooms and three full bathrooms with contemporary finishes including wide plank flooring, quartz countertops, stainless steel appliances, dual-tone cabinetry, in-unit laundry, and separately metered utilities. Unit A is currently leased at $2, 450 per month and Unit B at $2, 650, generating $5, 100 in combined monthly income, with lease timing strategically positioned for upcoming renewal cycles that align well with continued rental growth in the area and the opportunity to push rents as demand strengthens. Located near Drexel University, the University of Pennsylvania, Penn Presbyterian Medical Center, CHOP, and other major healthcare and academic employers, the property benefits from consistent tenant demand from students, medical professionals, researchers, and young professionals. Mantua is also directly benefiting from the broader “University City 2.0” wave of expansion, including institutional investment, new mixed-use developments, infrastructure improvements, and retail growth that continue to elevate the neighborhood’s desirability while maintaining relative affordability compared to core University City. Additional highlights include a private rear yard for the lower unit and a roof deck with skyline views for the upper unit, making this a turnkey, stabilized investment positioned for both strong income performance and long-term appreciation as the surrounding corridor continues its upward trajectory.

MLS® NumberPAPH2583862

Laundry Level

Central VacNo

FireplaceNo

Acreage0.02

Exterior

GarageNo

Approx. Age2023

Basement

DrivewayOn Street

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 13, 2026List Date

$740,000List Price

Commute

Commute

Starting Address

Destination Address

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