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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).

Source: BRIGHT MLS, MLS#: PAPH2590474

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  • Property Type
    Residential Income
  • Lot
    0.05 acres

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Owning this Home

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* 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.

Life at 4320 SPRUCE STREET


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

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