4631 Locust St

University City is a mid-sized apartment sub-market known for its steady growth and consistent outperforming trends compared to Center City. This stability is largely driven by strong demand from the academic and healthcare sectors, which shield the sub-market from broader economic fluctuations. The combined off-campus student population at the University of Pennsylvania and Drexel University exceeds 28,000, providing a reliable foundation for apartment leasing in the area. In recent years, the life sciences sector has emerged as a major driver of housing demand in University City. Prestigious research institutions and companies like Penn Medicine and CHOP attract highly skilled workers who seek convenient, high-quality housing options near world-class facilities. Major developments such as Schuylkill Yards, UCity Square, and Penn Medicine’s new headquarters have further bolstered this demand. The availability of state-of-the-art office and lab spaces has also drawn established firms like Spark Therapeutics and B+ Labs, creating a dynamic professional community alongside the student population. Spruce Hill is one of Philadelphia’s most beloved historic neighborhoods, blending urban convenience with timeless charm. Located just west of University City and minutes from Center City, this vibrant community offers tree-lined streets, stunning Victorian architecture, and a diverse, welcoming atmosphere that appeals to families, professionals, and students alike. The neighborhood is known for its beautifully preserved late 19th and early 20th-century homes— many featuring bay windows, leaded glass, intricate woodwork, and spacious front porches. These Victorian rowhouses and twin homes form one of the largest collections of Victorian architecture in the country. Homes typically range from 1,800 to over 3,000 square feet, with prices between $525,000 and $1 million. Condominiums are also available, starting around $300,000. Spruce Hill offers a unique blend of city living and suburban tranquility. Mature trees form a lush canopy over sidewalks, and residents often take pride in their gardens, growing everything from roses and giant sunflowers to moonflowers and even corn. Clark Park, a central fixture of the neighborhood, spans nine acres and hosts community events, farmers markets, and performances—alongside one of only two statues of Charles Dickens in the world. With easy access to downtown via streetcar, bike, or public transit, Spruce Hill provides urban connectivity while retaining its cozy neighborhood feel. Baltimore Avenue serves as a vibrant corridor full of international cuisine, locally owned cafes, and shops that reflect the neighborhood’s cultural richness. Bordering the campuses of the University of Pennsylvania and Drexel University, Spruce Hill attracts a wide range of residents including students, professors, artists, and long-time homeowners. About 90% of residents are renters, and many historic estates have been converted into multi-unit apartments. As new developments continue, the Spruce Hill Community Association is advocating for the creation of a historic district to help preserve the neighborhood’s distinctive character.MPN Realty, Inc. is pleased to present the exclusive sale of 4631 Locust St., a duplex in University City. The property features (1) 4 bed/ 2 bath unit and (1) 3 bed /1 bath unit. All units are self-contained, with newer kitchens, baths, flooring, systems, and W/D in unit. The corner property is located on a beautiful tree lined block in University City. The property is ideal for an investor looking for a turn-key investment, or an owner-occupant that would live in one unit and lease out the other.