USAPAPhiladelphiaUniversity City4706 Cedar Ave

$725,000

For Sale

2 months ago

4706 Cedar Ave, Philadelphia, PA

Name: 4706 Cedar Ave, For Sale in Philadelphia - eXp Realty
Brand: Compass Pennsylvania, LLC
SKU: PAPH2611570
Price: 725000 USD

House

MLS® PAPH2611570

0 Bed

0 Bath

2448 sqft

Key Facts
Description
Map

Key Facts

Type Triplex

Levels Residential Income

Size 2448 sqft

Garage

Taxes $7,891

Days Active 57

Lot Size 0.04 Acres

Approx. Age 1925

Avg. Price Per Sqft $296

MLS® Number PAPH2611570

Property Address: 4706 Cedar Ave, PHILADELPHIA, PA, 19143-2262

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® NumberPAPH2611570

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1925

BasementFull, Outside Entrance, Unfinished

DrivewayNone

Garage Spaces

HeatForced Air, Natural Gas, Electric

A/CCentral A/C, Ductless/Mini-Split, Electric

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 19, 2026List Date

$725,000List Price

Commute

Commute

Starting Address

Destination Address

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