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
$1,942,300 Zestimate®
$--/sqft
$-- HOA
What's special
Ultra-luxury finishesQuartz countersCamera security systemFire alarm monitoringWhite cabinetryFire sprinklersBamboo hardwood floors
- 290 days |
- 42 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Ashwin Rashatwar 609-509-8484,
Keller Williams Realty - Marlton 8564416800
Source: Bright MLS,MLS#: PAPH2539040
Loading...
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
$1,942,300
$1.85M - $2.04M
$1,632/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 | -- | $960 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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.
A local agent can set up tours, give advice and negotiate with sellers.
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Philadelphia Topics
