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$725,000

For Sale

6 days ago

4706 Cedar Ave, Philadelphia, PA

House

MLS® PAPH2611570

0 Bed

0 Bath

2448 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2448 sqft
Garage 
Taxes $7,891
Days Active 5
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

This fully leased Cedar Park triplex delivers $72, 000 in gross annual rent and a projected 7% cap rate. Tenants pay their own gas and electricity. Three spacious one‑bedroom apartments, each renovated within the last decade with separate HVAC, in unit laundry and fully equipped kitchens with dishwashers and built-in microwaves. This property has a strong rental history with almost no vacancy between tenants. This is a rare turnkey multifamily investment in one of West Philadelphia’s most durable rental markets. With lean operating expenses, no major deferred maintenance, 4706 Cedar Ave is positioned as a cash‑flowing asset from day one. Unit 1 rents for $1900. Unit 2 rents for $2, 000. And unit 3 rents for $2100. Set on a leafy, architecturally rich block in Cedar Park, the property is a short walk to Clark Park, Baltimore Avenue’s restaurants and cafes, Mariposa Food Co‑op, multiple coffee shops and neighborhood bars. Transit‑oriented tenants will appreciate quick access to the 34 trolley and 42 bus with direct service to University City and Center City, plus bike‑friendly streets that connect to universities, and hospitals in minutes. This combination of walkability, transit access, and neighborhood amenities makes the building especially attractive to UPenn, Drexel, and CHOP professionals seeking quality, well‑managed rentals. Inside, the finishes are consistent throughout: clean lines, newer systems, and quality materials chosen to attract and keep strong tenants, without losing the soul of the building. Original stained glass windows, antique hardware, and ornate wood floors are preserved where it counts, paired with fresh tile, updated fixtures, and efficient heating and cooling. The property is always fully occupied with high‑demand and rental rate. The shared backyard acts as an extension of the living space where tenants use it as a place for grilling, container gardens, and small gatherings under the trees. Step off the porch and the neighborhood opens up in every direction. Just a short walk away, Baltimore Avenue and Cedar Park offer some of the best places to eat and drink in West Philly: morning coffee at Green Line Cafe, brunch at Cedar Park Cafe, and evenings at Booker’s Restaurant & Bar or Local 44. Nearby, spots like Dahlak and Kaffa Crossing cherished eateries, while Amari’s adds music and cocktails to the mix. Clark Park is close by for the farmers’ market, festivals, and dog‑walks, and there are easy transit options to University City and Center City. This Cedar Park triplex is more than an income‑producing property; it is a turnkey, character‑rich building in one of Philadelphia’s most walkable, café‑lined neighborhoods.
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
4706 Cedar Ave, Philadelphia, PA

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