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).
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
4320 SPRUCE STREET Monthly Cost
4320 SPRUCE STREET Market Data
Based on the last 30 days in this zip code
4320 SPRUCE STREET History
| Date | Value | Agent |
|---|---|---|
| 6/9/2026Source: BRIGHT MLS | $1,150,000 -3.4% |
|
| 4/25/2026Source: BRIGHT MLS | $1,190,000 -4.8% |
|
| 4/6/2026Source: BRIGHT MLS | $1,250,000 -3.5% |
|
| 3/5/2026Source: BRIGHT MLS | March 05, 2026 |
|
| 12/3/2024Source: BRIGHT MLS | August 10, 2021 |
|
| 12/3/2024Source: BRIGHT MLS | CLOSED |
|
| 12/3/2024Source: BRIGHT MLS | March 10, 2022 |
Contact Information: [email protected] - 2154002600
