Back 37 N Preston St
Off Market

37 N Preston St

Philadelphia PA 19104

6
3544 sq. ft.
1600 sq. ft.
Duplex
Last sold for $660,000
Eric LandEric Land, last sold this property on 04 August 2026 after 1538 days on market.

Overview

37 N Preston St is a turnkey, cash-flowing legal triplex located in one of Philadelphia’s fastest-growing rental corridors. Grossing approximately $5,000 per month, this fully occupied multi-family investment offers the perfect blend of strong in-place income, long-term appreciation potential, and true passive cash flow. Featuring three separately metered units, this income-producing asset is ideal for both seasoned investors and owner-occupants looking to house hack while building wealth. Positioned in the heart of West Philadelphia near University City, Drexel University, UPenn, major hospitals, public transportation, and Center City access, this high-demand location continues to attract quality tenants year after year. Investors will appreciate the legal triplex zoning, strong rental performance, low vacancy potential, and scalable upside in an area experiencing continued redevelopment and rising property values. The property offers spacious unit layouts, excellent tenant appeal, and a compelling cap rate opportunity in a market where true turnkey multi-family assets are becoming increasingly scarce. Whether you’re looking to expand your portfolio, execute a buy-and-hold strategy, or secure a high-yield asset in a rapidly appreciating neighborhood, 37 N Preston St checks every box. Opportunities like this do not come around often — stable cash flow, prime location, and serious upside potential all in one package.

Features

6 bedrooms
3544 sq. ft. floor area
1600 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar 6 bedroom duplexes sold in Philadelphia over the last 12 months, the estimated median property value of 37 N Preston St is $446.95k.

Median value
$446.95k
Estimated value range
$370k - $675k
Median days on market
70
Estimated value trend
-15%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Philadelphia. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 37 N Preston St

2026
Sold
$660,000
04 Aug 2026 by Eric Land, of KW Empower
2017
Sold
$540,000
19 Dec 2017 by Jeff City Block

Happy sellers in Philadelphia

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We have insufficient information to provide an overview of customer satisfaction for Philadelphia. Viewing the agent profiles, reviews and sales for Philadelphia can provide insights for this location.

Local market activity for 6 bedroom duplexes in Philadelphia

In the last 12 months, 7 six-bedroom duplexes similar to 37 N Preston St, have been sold.

This represents a 12% increase in six-bedroom duplexes sales when compared to the previous 12 months.

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