4320 SPRUCE STREET, PHILADELPHIA, PA 19104
SPRUCE HILL · PHILADELPHIA County
Key Facts
Description
Exceptional investment opportunity in the heart of University City! This impressive multifamily property features 2 separate units, each offering 4 bedrooms and 2 full bathrooms, for a total of 8 bedrooms and 4 full bathrooms across approximately 3,780 square feet of living space. Built on a solid stone and brick foundation and recently renovated, the property combines classic Philadelphia architecture with modern upgrades, creating an attractive and functional living space for tenants. Each unit offers spacious bedrooms, updated kitchens and baths, and thoughtfully designed layouts that maximize comfort and usability. Ideally located just steps from University of Pennsylvania, Drexel University, Penn Medicine, this property sits in one of Philadelphia’s strongest and most consistent rental markets. Its proximity to major universities, public transportation, restaurants, cafes, and neighborhood amenities makes it highly desirable for students, faculty, medical professionals, and long-term tenants alike. With two well-configured units and strong rental demand in the surrounding area, 4320 Spruce Street presents an outstanding opportunity for investors seeking reliable cash flow and long-term appreciation. The property also offers flexibility for owner-occupants looking to live in one unit while renting the other, or investors exploring short-term rental potential (subject to local regulations).
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Structure Type
House
Year Built
1925
Living Area
3,780 sq ft
Lot Size
0.05 acres
Lot Dimensions
23.00 x 105.00
Zoning
RTA1
Days on Market
97
MLS® Listing#
PAPH2590474
Property Features
Appliances
Cooling
Heating
Pool
Parking
Foundation
Sewer
Water Source
Schools
- High:
- WEST PHILADELPHIA
- District:
- PHILADELPHIA CITY
Financial Details
Annual Taxes
$19,178
Tax year 2025
Assessed Value
$1,370,100
Parcel Number
272044100
Directions
.
Affordability Calculator
$230,000
Estimated monthly payment
$6,121/mo
Principal $920,000 · Est. interest $1,283,482 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in PHILADELPHIA, PA
- $302,941
- Median Listing Price
- 74
- Median Days on Market
- 1,330
- Median Sq Ft
- $201
- Median Price / Sq Ft
- 5,845
- Active Listings
- This home’s price is 280% above the area median.
- Its price per sq ft is 51% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in PHILADELPHIA, PA.
Location
Points of Interest in PHILADELPHIA, PA
Showing the PHILADELPHIA area map.
Nearby Schools
Penn Alexander School
Elementary · 0.1 mi away
City School
School · 0.2 mi away
HMS School for Children with Cerebral Palsy
School · 0.2 mi away
Jubilee School
Secondary · 0.3 mi away
Henry C. Lea Elementary School
Elementary · 0.3 mi away
West Philadelphia High School
Secondary · 0.3 mi away
Moder Patshala
School · 0.4 mi away
Radio Church of God & Bible School
School · 0.4 mi away
Paul Robeson High School for Human Services
Secondary · 0.4 mi away
St Francis de Sales School
Elementary · 0.4 mi away
Elwyn
School · 0.4 mi away
New Testament Church of Christ
School · 0.5 mi away
Elwyn
School · 0.5 mi away
The Workshop School
Secondary · 0.5 mi away
smart Start Academy of West Philadelphia
School · 0.7 mi away
Alain Locke School
Elementary · 0.7 mi away
Philly Free School
School · 0.7 mi away
Mill Creek School
School · 0.7 mi away
West Philadelphia Cooperative School
School · 0.8 mi away
Our Mother of Sorrows/St. Ignatius of Loyola
School · 0.8 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
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|---|---|---|---|---|
| 6416 OVERBROOK AVENUE, PHILADELPHIA, PA | $824,900 | 7 | 5 | 3,500 |
| 1337-1339 72ND AVENUE 39, PHILADELPHIA, PA | $824,900 | 8 | — | 5,480 |
| 1854 N 16TH STREET, PHILADELPHIA, PA | $845,357 | 11 | — | 3,357 |
| 3817 WALLACE STREET, PHILADELPHIA, PA | $869,000 | 10 | — | 4,021 |
| 1704 N 18TH STREET, PHILADELPHIA, PA | $875,000 | 9 | — | 4,600 |
| 1618 S BROAD STREET, PHILADELPHIA, PA | $899,000 | 7 | — | 3,460 |
Moving Cost Estimate
EXIT Agents in PHILADELPHIA
Listing Courtesy: RE/MAX Access - 2154002600