Discover a rare investment opportunity in the heart of University City. FULLY OCCUPIED. This 7,465 sq. ft., 5-unit building (15 beds, 12 full baths, 2 half baths) is only 5 years old and comes fully furnished with ultra-luxury finishes—including quartz counters, stainless steel appliances, white cabinetry, and bamboo hardwood floors. The property has a strong rental history and 25% upside potential. Additional highlights include fire sprinklers, fire alarm monitoring, and camera security system. With 5 years of real estate tax abatement remaining and proximity to UPenn, Drexel, and Market-Frankford Line transit, this is a turn-key, cash-flowing investment. Previously used as Airbnb. Perfect for family rentals as well. Call or email for each individual unit pictures. Schedule your showing today.
For sale
$1,999,000
4059 Baring St, Philadelphia, PA 19104
--beds
--baths
--sqft
Multi Family
Built in 2019
-- sqft lot
$1,944,600 Zestimate®
$--/sqft
$-- HOA
What's special
Ultra-luxury finishesQuartz countersCamera security systemFire alarm monitoringWhite cabinetryFire sprinklersBamboo hardwood floors
- 340 days |
- 75 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Ashwin Rashatwar 609-509-8484,
Keller Williams Realty - Marlton 8564416800
Source: Bright MLS,MLS#: PAPH2539040
Facts & features
Interior
Basement
- Area: 0
Heating
- Central, Natural Gas
Cooling
- Central Air, Natural Gas
Appliances
- Included: Gas Water Heater
Features
- Flooring: Bamboo
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: On Street, Off Site
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,146 Square Feet
- Dimensions: 22.00 x 98.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 061029100
- Zoning: RSA5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick, Brick Front, Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Exterior Cameras, Security System, Fire Sprinkler System
- Subdivision: University City
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Tax assessed value: $1,170,500
- Annual tax amount: $1,638
- Date on market: 9/18/2025
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional,1031 Exchange
- Exclusions: Tenants Personal Property
- Ownership: Fee Simple
Estimated market value
$1,944,600
$1.85M - $2.04M
$1,796/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2025 | Price change | $1,999,000-11.2% |
Source:  Bright MLS #PAPH2539040 Report a problem | ||
| 9/18/2025 | Listed for sale | $2,250,000+21.6% |
Source: Bright MLS #PAPH2539040 Report a problem | ||
| 7/7/2020 | Listing removed | $1,300 |
Source: City wide realty Report a problem | ||
| 6/6/2020 | Listed for rent | $1,300-43.5% |
Source: City wide realty Report a problem | ||
| 2/18/2020 | Sold | $1,850,000+516.7% |
Source: Public Record Report a problem | ||
| 10/15/2019 | Listing removed | $2,300 |
Source: LYL Realty Group #PAPH818272 Report a problem | ||
| 8/23/2019 | Price change | $2,300-6.1% |
Source: LYL Realty Group #PAPH818272 Report a problem | ||
| 8/6/2019 | Price change | $2,450-5.8% |
Source: LYL Realty Group #PAPH818272 Report a problem | ||
| 7/20/2019 | Listed for rent | $2,600 |
Source: LYL Realty Group #PAPH818272 Report a problem | ||
| 6/28/2017 | Sold | $300,000+30.4% |
Source: Public Record Report a problem | ||
| 8/11/2016 | Sold | $230,000+217.2% |
Source: Public Record Report a problem | ||
| 7/9/2013 | Sold | $72,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,244 +6.9% | $160,300 -89.3% |
| 2024 | $2,100 | $1,500,000 |
| 2023 | $2,100 -88% | $1,500,000 |
| 2022 | $17,498 +1722.2% | -- |
| 2021 | $960 | -- |
| 2018 | $960 +1.5% | -- |
| 2017 | $946 -1.5% | -- |
| 2016 | $960 | -- |
| 2015 | $960 | -- |
| 2014 | $960 | $16,100 +4931.3% |
| 2012 | -- | $320 |
| 2011 | -- | $320 |
| 2010 | -- | $320 |
| 2009 | -- | $320 |
| 2008 | -- | $320 |
| 2007 | -- | $320 |
| 2006 | -- | $320 |
| 2005 | -- | $320 |
| 2004 | -- | $320 |
| 2003 | -- | $320 |
| 2002 | -- | $320 -66.7% |
| 2000 | -- | $960 |
| 1999 | -- | $960 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: West Powelton
Nearby schools
GreatSchools rating
- 5/10Locke Alain SchoolGrades: K-8Distance: 0.4 mi
- 3/10West Philadelphia High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- District: The School District Of Philadelphia
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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A local agent can set up tours, give advice and negotiate with sellers.
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