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33816530
33816519

521 N 34TH ST, PHILADELPHIA, PA 19104

ST
PA PA RM425803, MD MD 5019253
Trophy Commercial Real Estate
CT
PA PA RS326511
Trophy Commercial Real Estate
Listed by Trophy Commercial Real Estate
$3,675,000
1 day on market
Updated 0 days ago
Opportunity zone

521 N 34TH STREET

Details
APN 88-1812348
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,700
Net Rentable (SqFt) 17,100
Units 11
Cap Rate 7.26%
NOI $266,636
Occupancy 95%
Price per SqFt $215
Year Built 2015
Buildings 1
Stories 3
Lot Size (SqFt) 4,875
Zoning RSA5
Investment Type Stabilized

11-UNIT MULTIFAMILY INVESTMENT

Marketing description

We are pleased to present 521 N 34th Street, an 11-unit multifamily investment opportunity located in the heart of Philadelphia's University City neighborhood.

Constructed in 2018, the property consists of 17,100 rentable square feet and features a highly desirable unit mix of eight bi-level three-bedroom, three-bathroom units, one two-bedroom, two-and-a-half-bathroom unit, and two one-bedroom, one-and-a-half-bathroom units. The asset is currently 100% occupied and generates approximately $266,636 in annual Net Operating Income.

Located within walking distance of Drexel University, the University of Pennsylvania, Penn Medicine, and numerous major employers, the property benefits from one of Philadelphia's strongest and most resilient rental markets. With modern construction, oversized floor plans averaging 1,555 square feet, and minimal anticipated capital expenditures, 521 N 34th Street offers investors a turnkey opportunity with durable cash flow and long-term appreciation potential.

Investment highlights

  • Average Unit Size of 1,555 SF
  • Majority Three-Bedroom, Three-Bathroom Bi-Level Units
  • 100% Occupied
  • In-Place NOI: $266,636
  • 7.26% Going-In Cap Rate
  • 17,100 Rentable Square Feet
  • Built in 2018
  • Walking Distance to Drexel University and the University of Pennsylvania
  • Minimal Deferred Maintenance Anticipated

Listing Contacts

ST
PA PA RM425803, MD MD 5019253
Trophy Commercial Real Estate
CT
PA PA RS326511
Trophy Commercial Real Estate
Listed by Trophy Commercial Real Estate

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$266,636.00
$22,219.67/mo

Valuation Metrics

0
DSCR
7.26%
Cap Rate
7.26%
ROI

Map

Zoning

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RSA5 ResidentialSingle FamilyResidential Single Family Attached
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Last updated Apr 21, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Saam Tashayyod
License
PA RM425803
Name
Craig Thom
License
PA RS326511
Name
Leonardo Presta
License
380257
Brokerage
Trophy Commercial Real Estate
Brokerage Phone
6107429837
Title
Real estate salesperson
Brokerage Address
1516 North 5th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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