Bought with Howard Hewlett • KW Empower
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Key Details
Sold Price $485,000
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,728 sqft
Price per Sqft $177
MLS Listing ID PAPH2649238
Sold Date 10/16/26
Style Other
Abv Grd Liv Area 2,728
Year Built 1925
Annual Tax Amount $7,756
Tax Year 2025
Lot Size 2,173 Sqft
Acres 0.05
Lot Dimensions 28.00 x 79.00
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
Welcome to 4702 Cedar Avenue, a well-maintained, fully occupied duplex offering immediate rental income and excellent long-term investment potential. This duplex MUST be purchased with 4700 Cedar (triplex listed at $540,000) as they have a common entrance. 4702 Cedar consists of two three-bedroom apartments. The property includes full basement, has benefited from numerous upgrades and recent renovations in units, and is 100% occupied, providing immediate, stable rental income from day one. Ideally located in the heart of West Philadelphia, the property is just minutes from the University of Pennsylvania, Drexel University, Clark Park, Cedar Park, and the vibrant Baltimore Avenue commercial corridor, with its wide variety of restaurants, cafes, shops, and neighborhood amenities. This is a rare opportunity to acquire two properties featuring five total residential units connected by a shared entryway, creating the convenience of a single property while maintaining the character of residential multifamily housing not a commercial building. Whether you're looking to expand an existing portfolio or acquire a turnkey income-producing asset in one of Philadelphia's most desirable rental markets, this building is an exceptional investment opportunity. Don't miss your chance to own this unique multifamily property.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RSA3
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Foundation Other
Above Ground Finished SqFt 2728
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 461076700
Ownership Fee Simple
SqFt Source 2728
Special Listing Condition Standard
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