SoldSep 24, 2026

Bought with WALAA ELABSY from Realty Mark Associates

Source: Bright MLS #PAPH2621198

643 North Preston Street, Philadelphia, PA, 19104

$240,000

7
2580 sq. ft.
1386 sq. ft.

Duplex

•

30+ days on the market

Sold: Sep 24, 2026

What's around 643 North Preston Street

About this property

Located in the heart of Philadelphia’s booming University City neighborhood, this is an exceptional opportunity for investors, developers, and builders to capitalize on one of the city’s fastest-growing areas. Positioned along the highly visible Lancaster Avenue commercial corridor, the property offers incredible potential for redevelopment and long-term appreciation. There are so many new constructions on the block; come and be the next developer. The work has been made easy for you. The building has already been framed for a three-unit layout, featuring spacious two-bedroom units on the second and third floors. The first floor was previously approved for restaurant use, though buyers should verify the current status of any permits with the city. Surrounded by strong rental demand driven by students from Drexel University and the University of Pennsylvania, as well as young professionals, this location is primed for continued growth. The ongoing expansion of Schuylkill Yards is expected to further transform the area and increase property values for years to come. Whether you’re looking to develop 3 apartments or create a mixed-use investment property, this property presents endless possibilities in a rapidly appreciating market. No power in the building. So, please bring a flashlight with you. Don’t miss this rare investment opportunity — submit your offer today!

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