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MLS: #PAPH2608734, Listed By: Dava Costello, OCF Realty LLC - Philadelphia, Source:Bright MLS

4921 Chester Avenue

PHILADELPHIA, PA 19143
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Bed 7

Bed

Bath 0

Bath

SqFt4,300

Sqft

Acres0.05

Acre(Lot)

Welcome to 4921 Chester Avenue, a rare opportunity to acquire a fully leased, new construction 6-unit multifamily investment property in one of West Philadelphia’s fastest-growing rental corridors. Built in 2025, this turnkey asset offers approximately 4,300 square feet of gross building area and is positioned for immediate cash flow, long-term appreciation, and low-maintenance ownership. This stabilized apartment building consists of six residential units, including spacious 2-bedrooms and 1-bath residences. The third-floor units each feature private rooftop deck access, a highly desirable amenity that supports premium rents and strong tenant retention. Purpose-built for efficient ownership, this new construction multifamily property features modern building systems, energy-efficient mech anicals, updated infrastructure, contemporary finishes, in-unit washer and dryers, smart entry systems, and minimal near-term capital expenditure needs, making it an ideal hands-off investment for buy-and-hold investors, 1031 exchange buyers, and portfolio expansion. A major value driver is the approved 10-year tax abatement, keeping annual real estate taxes exceptionally low and significantly enhancing net operating income and investor returns. Combined with the benefits of new construction, this creates a highly attractive, low-expense, low-maintenance investment profile. Just half a block from 49th Street Station, this property offers unbeatable access to the Market-Frankford Line, multiple SEPTA routes, the 64 line, and the T3 line—providing seamless connectivity to University City, Center City, University of Pennsylvania, Drexel University, Children's Hospital of Philadelphia, and other major employment centers. This highly desirable transit-oriented location drives strong and reliable rental demand from students, medical professionals, university employees, and local workforce tenants alike. West Philadelphia continues to see significant redevelopment and steady housing demand, with rental rates showing consistent year-over-year growth. Positioned near major institutions and transit corridors, this asset is well suited for long-term appreciation, stable occupancy, and continued income growth. A rare opportunity to acquire a fully leased, new construction multifamily investment with immediate cash flow, low taxes, and strong upside in one of Philadelphia’s fastest-growing neighborhoods.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,195,000

AD Id : 77810765

MLS Id : PAPH2608734

Beds : 7

Lot Size : 0.05 Acre

Living Area Size : 4,300

Year Built : 2025

County : PHILADELPHIA

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Feature Features

  • Bedroom Information

    Total beds: 7
  • Interior Features

    Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Central Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 2025 Building Area Total: 4300 Construction Materials: Other Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 32.00 x 71.00 Lot Size Acres: 0.05 Lot Size Source: Assessor Lot Size Square Feet: 2248

  • Listing Price Information

    Listing Price: $1195000

  • Tax Information

    Parcel Number: 511267500 Tax Lot: 1099 Tax Year: 2025 Annual Tax: $979

  • Parking Information

    None

  • Location Information

    Direction: 49th and Chester WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1327 S 49th Street, Philadelphia, PA, 19143 $45,000 -- -- 1,917 1,917 SqFt
4630 Chester Avenue, Philadelphia, PA, 19143 $585,000 6 -- 2,454 2,454 SqFt
1726 S 53rd Street, Philadelphia, PA, 19143 $294,900 3 -- 1,158 1,158 SqFt
4725 Chester Avenue, Philadelphia, PA, 19143 $5,999,999 26 -- 20,640 20,640 SqFt
1414 S 52nd Street, Philadelphia, PA, 19143 $205,000 4 -- 1,652 1,652 SqFt
512 S 47th Street, Philadelphia, PA, 19143 $750,000 6 -- 2,503 2,503 SqFt
1309 S 52nd Street, Philadelphia, PA, 19143 $1,250,000 10 -- 6,500 6,500 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 06/20/2026 @ 12:51

MLS: PAPH2608734 LISTED BY: Dava Costello, OCF Realty LLC - Philadelphia 215-735-7368 SOURCE: Bright MLS

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