Active

MLS: #PAPH2611570, Listed By: Tom Englett, Compass Pennsylvania, LLC, Source:Bright MLS

4706 Cedar Avenue

PHILADELPHIA, PA 19143
Mark as Favorite
Bed 3

Bed

Bath 0

Bath

SqFt2,448

Sqft

Acres0.04

Acre(Lot)

Investors looking for a stabilized, cash-flowing asset in one of West Philadelphia's most durable rental markets should take a close look at 4706 Cedar Ave. This fully occupied triplex generates $72,000 in gross annual rent against lean operating expenses, delivering a projected 7% cap rate on a self-managed basis (slightly lower with third-party management factored in). Three one-bedroom units are leased at $1,900, $2,000, and $2,100 per month, with tenants responsible for their own gas and electric. Net operating income runs approximately $52,200 annually, and the property has a track record of minimal turnover, with new tenants signing quickly whenever a unit does become available. For buyers deploying 1031 exchange proceeds, this is a turnkey asset that can begin producing income from day one without a renovation timeline eating into your exchange window. Exceptionally maintained in excellent condition, this twin/semi-detached Victorian offers 2,448 finished square feet across three levels. Each unit has been renovated within the last decade. Updates include plumbing, electric, separate HVAC systems, in-unit laundry, and a fully equipped kitchen with dishwasher and built-in microwave, the kind of finishes that attract long-term, quality tenants. Original character remains where it counts: stained glass windows, antique hardware, and ornate wood floors are preserved throughout, paired with updated fixtures and efficient forced-air heating and cooling. A full basement and shared backyard round out the property, giving tenants outdoor space that supports strong retention. Situated on a tree-lined block in Cedar Park, the property sits within walking distance of Clark Park, Baltimore Avenue's restaurant and cafe corridor, Mariposa Food Co-op, and neighborhood staples like Green Line Cafe, Booker's Restaurant & Bar, Local 44, Dahlak, Kaffa Crossing, and Amari's. Transit access via the 34 trolley and 42 bus puts University City and Center City within easy reach, a major draw for the steady pool of UPenn, Drexel, and CHOP-affiliated renters who anchor demand in this submarket. 4706 Cedar Ave combines the fundamentals investors look for: full occupancy, below-market operating costs, no deferred maintenance, and a location with consistently strong rental demand. Whether you're a seasoned owner adding a low-maintenance asset to your portfolio, a first-time multifamily buyer, or an investor working against a 1031 exchange deadline, this property offers immediate cash flow with long-term upside in a neighborhood that continues to attract renters year after year.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $725,000

AD Id : 85564508

MLS Id : PAPH2611570

Beds : 3

Lot Size : 0.04 Acre

Living Area Size : 2,448

Year Built : 1925

County : PHILADELPHIA

Subdivision: University City

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 3

    Room Information

    Has Basement: Yes Basement: Exterior Entry, Full, Unfinished
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Ductless, Electric

  • Building Information

    Year Built: 1925 Building Area Total: 2448 Construction Materials: Stone, Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 23 x 72 Lot Size Acres: 0.04 Lot Size Source: Estimated Lot Size Square Feet: 1742 Lot Description: Level, Back Yard

    Property Information

    Subdivision: UNIVERSITY CITY Source Property Type: Residential Income Postal Code Plus 4: 2262 Property SubType: Triplex Property Age: 101

  • Listing Price Information

    Listing Price: $725000

  • Tax Information

    Parcel Number: 461076900 Tax Year: 2026 Annual Tax: $7891

  • Parking Information

    None

  • Location Information

    Direction: On the Southside of Cedar Ave near the corner of 47th Street WaterSource: Public
Sell a home like this and save $43,001 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4714 Woodland Avenue, Philadelphia, PA, 19143 $400,000 5 -- 6,441 6,441 SqFt
1327 S 49th Street, Philadelphia, PA, 19143 $40,000 -- -- 1,917 1,917 SqFt
4921 Chester Avenue, Philadelphia, PA, 19143 $1,120,000 7 -- 4,300 4,300 SqFt
1414 S 52nd Street, Philadelphia, PA, 19143 $199,000 4 -- 1,652 1,652 SqFt
4700 Cedar Avenue, Philadelphia, PA, 19143 $540,000 4 -- 2,728 2,728 SqFt
4702 Cedar Avenue, Philadelphia, PA, 19143 $510,000 6 -- 2,728 2,728 SqFt
512 S 47th Street, Philadelphia, PA, 19143 $699,000 6 -- 2,503 2,503 SqFt
4733 Cedar Avenue, Philadelphia, PA, 19143 $699,000 5 -- 2,875 2,875 SqFt
828 S 49th Street, Philadelphia, PA, 19143 $374,900 5 -- 3,240 3,240 SqFt
815 S 49th Street, Philadelphia, PA, 19143 $1,499,000 7 -- 3,213 3,213 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 08/12/2026 @ 06:22

MLS: PAPH2611570 LISTED BY: Tom Englett, Compass Pennsylvania, LLC 267-435-8015 SOURCE: Bright MLS

Homes around $725,000

Selling? Save $43,001 when you sell a home like this

Tour with a ByOwner Agent