3816 Spring Garden Street, Philadelphia, PA 19104-2326 $549,000

Interior Sq. Ft: 2,072
Acreage: 0.04
Age:105 years
Taxes: $6,128
Design/Type:
Other
Description
Located in the vibrant University City neighborhood, this turnkey multifamily property offers an incredible opportunity for both investors and owner-occupants. Just steps from Drexel University, Penn, and major hospitals, it’s in one of Philadelphia’s most desirable and consistently growing rental markets. Unit 1 is a spacious 2-bedroom, 1-bathroom apartment currently rented for $1,600/month. It features an updated kitchen and bathroom, along with exclusive access to a large private backyard, perfect for outdoor relaxation and entertaining. Unit 2 is a bi-level 3-bedroom, 2-bathroom residence currently rented for $2,200/month. The open-concept living and dining areas flow seamlessly to a private balcony through sliding glass doors, creating an airy and inviting space. The oversized primary bedroom is located on the main floor, while the upper level offers two additional bedrooms and a full bath. Original architectural details add to the property’s charm and character. With consistent rental history and zero vacancy, this property is exceptionally easy to lease thanks to its prime location near universities, hospitals, and cultural institutions. Whether you’re seeking a reliable cash-flowing investment or planning to live in one unit and rent out the other, this property is a rare find in Powelton Village.
Home Assoc: No
Condo Assoc: No
Basement:
Pool: No Pool
Features
Utilities
Electric, Ductless/Mini-Split, Electric, Hot Water - Natural Gas, Public Water, Public Sewer
Garage/Parking
None
Exterior
Masonry
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Public Elementary (143 schools)
Public Middle (24 schools)
Public High (60 schools)
Private (119 schools)
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This report is a detailed community overview for Philadelphia (19104), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 25
- Average salary of people in this community: $28,702
Community Summary
- Population Density (ppl / mile): 17,049
- Household Size (ppl): 2.39
- Households w/ Children: 45%
Housing Inventory
- Owned: 3,502 (17.5%)
- Rented: 12,838 (64.0%)
- Vacant: 3,713 (18.5%)
- Total: 20,053
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 2.2%
- Some High School: 12.4%
- High School Graduate: 25.2%
- Some College: 17.4%
- Associate Degree: 3.9%
- Bachelor's Degree: 18.7%
- Graduate Degree: 20.3%
Income by dollar range
Median Income: $26,979
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $966
- One Bedroom: $962
- Two Bedroom: $1,033
- Three Bedroom: $1,033
- Four Bedroom: $1,130
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Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-234-6018
Listing Courtesy of: Compass Pennsylvania, LLC , (267) 435-8015, kenenochs@compass.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 10/06/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.