4320 SPRUCE STREETPHILADELPHIA, PA 19104

Multi-Family · 3,780 Sq. ft. | 0.05 Acres
$1,150,000 ACTIVE

4320 SPRUCE STREET Overview

Time on Site:
117 days
Visits:
1

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).

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4320 SPRUCE STREET Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,780
  • Price/Sq.ft. $304
  • Lot 0.05 Acres

Details

General

School Information

  • High School: WEST PHILADELPHIA

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 3780
  • Year Built: 1925

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19104 (19104)
  • Subdivision Name: SPRUCE HILL

Parking Information

  • Total Parking Spaces: 0
  • Type of Parking: None

Tax Information

  • City/Town Tax: 8438.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax Payment Frequency: Annually
  • School Tax: 10740.00
  • Tax Annual Amount: $19,178.00
  • Tax Assessed Value: 1370100.00
  • Tax Year: 2025

General Information

  • Property Sub Type: Duplex
  • Property Type: Multi-Family
  • School District Name: PHILADELPHIA CITY
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: RTA1

Interior

Building Information

  • Cooling Fuel: Electric,Natural Gas
  • Heating Fuel: Natural Gas

Parking Information

  • Garage: No

Building Exterior/Construction

  • Structure Type: Detached

Building Interior

  • Above Grade Finished Area: 3780
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: Yes
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: None
  • Cooling: Central A/C
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Living Area: 3780
  • Living Area Source: Assessor
  • Rooms Total: 8

Unit Information

  • One Bedroom Units Count: 8
  • Single Room Units Count: 12
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 0

Exterior

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 23.00 x 105.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2363.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Contemporary
  • Construction Materials: Masonry

General Information

  • Number Of Units Total: 4
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

4320 SPRUCE STREET Neighborhood

Community

19104 (PHILADELPHIA) Demographics

23
Median Age
16,705
Population Density (per sq. mile)
45%
College Educated
$28,603
Estimated Median Income
3,460
Estimated Total Home Owners
13,048
Estimated Total Renters
21% / 79%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

4320 SPRUCE STREET Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4320 SPRUCE STREET Market Data

Based on the last 30 days in this zip code

$334,006
Average List Price
$193
Average Price per Square Foot
7
Properties Sold
101
Average Days on Market
122
Properties for Sale
Calculations provided by Reliance Network

4320 SPRUCE STREET History

Date Event Value Agent
6/9/2026Source: BRIGHT MLS Price Reduction
$1,150,000 -3.4%
4/25/2026Source: BRIGHT MLS Price Reduction
$1,190,000 -4.8%
4/6/2026Source: BRIGHT MLS Price Reduction
$1,250,000 -3.5%
3/5/2026Source: BRIGHT MLS Added to Database
March 05, 2026
12/3/2024Source: BRIGHT MLS Added to Database
August 10, 2021
12/3/2024Source: BRIGHT MLS Status Change
CLOSED
12/3/2024Source: BRIGHT MLS Added to Database
March 10, 2022
Listing provided courtesy of RE/MAX Access- MLS# PAPH2590474MLS ProviderContact Information: [email protected] - 2154002600