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223 S. 45th Street offers investors the opportunity to acquire a well-located asset in Philadelphia's highly desirable University City submarket. Situated in the Spruce Hill neighborhood, the property benefits from immediate proximity to the University of Pennsylvania and Drexel University, driving consistent rental demand from students, faculty, and young professionals. Fully occupied with 5-units including (1) studio/1 bathroom, (2) 1 bedroom/1 bathroom; (1) 2 bedroom/2 bathroom); and (1) 3 bedroom/3 bathroom. Investment highlights include: University City location with durable rental demand; Walkable to parks, retail, and dining amenities; Strong transit connectivity to Center City and major employment hubs; and Stable cash flow and long-term appreciation in one of Philadelphia's most resilient rental markets.
| DAYS ON MARKET | 0 | LAST UPDATED | 5/12/2026 |
|---|---|---|---|
| YEAR BUILT | 1935 | COMMUNITY | 19143 (19143) |
| COUNTY | PHILADELPHIA | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | 19143 (19143) |
| BASEMENT | Yes |
| CONSTRUCTION | Other |
| HEAT | Electric, Forced Air, Heat Pump |
| LOT | 2178 sq ft |
| PARKING | None |
| SEWER | Public Sewer |
| TAXES | 5053 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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