1 of 32

Want to see this property?

4718 Cedar Avenue

Philadelphia, PA 19143

– beds
– baths
2,610 sqft
2,087 sqft lot
$256 per sqft
1900 build

Excellent opportunity to purchase a 6-unit multifamily property in a fabulous location! 4718 Cedar Avenue is in the wonderful Cedar Park section of University City, Philadelphia. The building features 6 apartments (3 studios and 3 one-bedroom units), all of which are currently leased. Current rent roll is $5520 per month + $120 water fees. Total gross income of $5640 per month, $67,680 per year. Rent roll: 1F $925 (+$20 water) thru 5/31/2025; 1R $1050 (+$20 water) thru 3/31/2025; 2F $975 (+$20 water) thru 6/30/2025; 2R $1050 (+$20 water) thru 9/30/2025; 3F $560 (+$20 water) thru 4/30/2025 (long term tenant); 3R $960 (+$20 water) thru 3/31/2025. Each unit has individually controlled electric baseboard heaters paid for by tenants. Owner supplies hot and cold water. There is a coin op washer and dryer in the large common basement. This property is very close to parks, the bustling Baltimore Avenue commercial corridor and public transit, making it one of the most convenient locations in University City. Schedule your tour today!

Listing courtesy of BRIGHT / New Age Realty Group Inc

Last checked: Checking… • Last updated Oct 21, 2024 •

MLS# PAPH2396548 —

The Building

Year Built:

1900
Year Built Source:

Estimated
New Construction:

No
Construction Materials:

Masonry
Structure Type:

Twin/Semi-Detached
Architectural Style:

Other
Building Units Total:

4
Accessibility Features:

None
Foundation Details:

Other
Basement:

Yes
Basement Type:

Full
Building Winterized:

No
Total SqFt Source:

Estimated

Interior

Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

2610
Living Area SqFt:

2,610 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Subject to Existing Lease

Location

Directions:

Use GPS
Latitude:

39.94909700
Longitude:

-75.21791100

The Property

Property Type:

Multi-Family
Property Subtype:

Other
Lot Size Units:

Square Feet
Lot Size Acres:

0.05
Lot Size Source:

Estimated
Lot Size Dimensions:

21.00 x 99.00
Lot Dimensions Source:

Estimated
Lot SqFt:

2,087 Sqft
Zoning:

RSA3
Other Structures:

Above Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

CA0
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

881703100
Tax Year:

2024
Tax Lot:

55
Tax Annual Amount:

$7,942
Tax Assessed Value:

$567,400
Year Assessed:

2024
School Tax:

4447.0
City/Town Tax:

3494.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

None
Central Air:

No
Cooling Fuel:

None
Heating:

Yes
Heating Type:

Baseboard - Electric
Heating Fuel:

Electric

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

The School District Of Philadelphia
School District Source:

Listing Agent

The Community

Subdivision Name:

Cedar Park
Pool:

No Pool

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Vacation Rental:

No
Single Room Units:

3
One Bedroom Units:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/21/24 Oct 21, 2024	Price Changed	BRIGHT	$670,000	-3.6%
10/9/24 Oct 9, 2024	Price Changed	BRIGHT	$695,000	-4.1%
9/15/24 Sep 15, 2024	Listed / Active	BRIGHT	$725,000

Want a closer look?

Go see 4718 Cedar Avenue

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Philadelphia, PA

Similar sold homes

This multifamily located in West Philadelphia, Philadelphia, PA 19143 is currently for sale for $670,000. 4718 Cedar Avenue is a 2,610 square foot multifamily with – beds and – baths. 4718 Cedar Avenue is in the West Philadelphia neighborhood of Philadelphia and has a WalkScore® of 94, making it a walker’s paradise. This multifamily is in the attendance area of West Philadelphia High School and Henry C. Lea School.

Listing Courtesy of: BRIGHT and New Age Realty Group Inc.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.