Calling all investors looking to expand their portfolio. This multi-family property offers immediate income potential. Located the high demand Philadelphia neighborhood of Port Richmond, this property provides consistent rental income and all six apartments are currently fully leased. There are also three storage sheds that could bring in an additional estimated $225-$300 per month. Solid bones and a desirable location make this an attractive opportunity for the right buyer. The property is currently configured as six units with a cap rate of 14.4%, however it is zoned for two apartments and is being sold AS IS. Buyers are encouraged to perform their own due diligence, seller and seller's agent makes no guarantee that the buyer will be able to obtain a variance from the city.
Sold for $325,000
$325,000
3029 Cedar St, Philadelphia, PA 19134
6beds
--baths
3,444sqft
Multi Family
Built in 1920
-- sqft lot
$325,100 Zestimate®
$94/sqft
$1,727 Estimated rent
Home value
$325,100
$309,000 - $341,000
$1,727/mo
Zestimate® history
Owner options
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$1,727/mo
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$1,727/mo
Rent Zestimate®
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$1,974/mo
Est. payment
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$1,974/mo
Est. payment
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Three storage sheds
Zillow last checked:
Listing updated:
Listed by:
Tracy Siler 215-208-6123,
Keller Williams Real Estate-Langhorne
Bought with:
Toni Brahimi, RS326582
KW Empower
Source: Bright MLS,MLS#: PAPH2581518
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 3,444
- Total interior livable area: 3,444 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 3,105 sqft
- Dimensions: 35.00 x 90.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 251423229
- Zoning: RSA5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Masonry
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
HOA & financial
Other financial information
- Total actual rent: 67980
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Sold | $325,000-7.1%$94/sqft |
Source:  Bright MLS #PAPH2581518 Report a problem | ||
| 5/28/2026 | Pending sale | $350,000$102/sqft |
Source: Bright MLS #PAPH2581518 Report a problem | ||
| 5/22/2026 | Price change | $350,000-26.3%$102/sqft |
Source: Bright MLS #PAPH2581518 Report a problem | ||
| 4/30/2026 | Price change | $475,000-5%$138/sqft |
Source: Bright MLS #PAPH2581518 Report a problem | ||
| 2/6/2026 | Listed for sale | $500,000-13%$145/sqft |
Source: Bright MLS #PAPH2581518 Report a problem | ||
| 10/18/2022 | Listing removed | $575,000$167/sqft |
Source: Bright MLS #PAPH2151278 Report a problem | ||
| 9/16/2022 | Price change | $575,000-4.2%$167/sqft |
Source: Bright MLS #PAPH2151278 Report a problem | ||
| 8/18/2022 | Listed for sale | $600,000$174/sqft |
Source: Bright MLS #PAPH2151278 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Richmond
Nearby schools
GreatSchools rating
- 6/10Richmond SchoolGrades: K-5Distance: 0.2 mi
- 4/10Conwell Russell Middle SchoolGrades: 5-8Distance: 0.7 mi
- 2/10Kensington High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: Philadelphia City
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$325,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$325,100
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