PRIME INVESTMENT OPPORTUNITY IN WEST PHILLY! Investors, developers, and savvy flippers this is the deal you’ve been waiting for! Located in the rapidly appreciating West Philadelphia/West Powelton area, this massive property offers an unmatched opportunity to transform a diamond in the rough into a high-value asset. With ARVs soaring past $1M, the potential here is undeniable! Why 421 N. Preston Street? Prime Location: Just minutes from Drexel University, University of Pennsylvania, and major hospitals, making it perfect for high-end rentals or luxury student housing. Endless Possibilities: Ideal for a multi-family conversion, a high-end flip, or a ground-up redevelopment to maximize returns. Strong Comps: Surrounding luxury townhomes and new construction properties are selling for well over $1M, ensuring a lucrative exit strategy. Growing Demand: With University City’s booming development, demand for premium housing is skyrocketing, don’t miss your chance to capitalize! Bring Your Vision to Life! This is your chance to flip, develop, or hold for long-term appreciation in one of Philly’s most promising pockets. Whether you’re an experienced investor or a first-time developer looking for a high-yield project, 421 N. Preston Street is a golden opportunity you won’t want to pass up. Act Fast! Opportunities like this don’t last. Contact us today to secure this high-potential investment!
Under contract
Price cut: $40K (3/18)
$349,900
421 N Preston St, Philadelphia, PA 19104
7beds
4,240sqft
Est.:
Single Family Residence
Built in 1915
2,464 Square Feet Lot
$338,000 Zestimate®
$83/sqft
$-- HOA
What's special
- 76 days
- on Zillow |
- 39 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: May 20, 2025 at 12:10am
Listed by:
Emerald Butler-Smith 610-809-9595,
Realty One Group Restore - Conshohocken 2158285330
Source: Bright MLS,MLS#: PAPH2454716

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
- Main level bathrooms: 5
- Main level bedrooms: 7
Basement
- Area: 1000
Heating
- Radiator, Natural Gas
Cooling
- Wall Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 4,240
- Total interior livable area: 4,240 sqft
- Finished area above ground: 3,240
- Finished area below ground: 1,000
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Doors
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Size: 2,464 Square Feet
- Dimensions: 22.00 x 112.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 871510610
- Zoning: RSA5
- Zoning description: RSA5 Residential Single Family Attached-5
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Masonry
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Sewer: Public Septic
- Water: Public
Community & HOA
Community
- Subdivision: West Powelton
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $83/sqft
- Tax assessed value: $445,800
- Date on market: 3/22/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
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