Excellent opportunity to purchase a 6-unit multifamily property in a fabulous location! 4718 Cedar Avenue is in the wonderful Cedar Park section of University City, Philadelphia. The building features 6 apartments (3 studios and 3 one-bedroom units). The building is 100% leased. Current rent roll is $5,895 per month + $120 in water fees. Gross income is $6,015 per month, or $72,180 per year. Each unit has individually controlled electric baseboard heaters paid for by tenants. Owner supplies hot and cold water. There is a coin op washer and dryer in the large common basement. This property is very close to parks, the bustling Baltimore Avenue commercial corridor and public transit, making it one of the most convenient locations in University City. Schedule your tour today!
Sold for $615,000
$615,000
4718 Cedar Ave, Philadelphia, PA 19143
6beds
--baths
2,610sqft
Multi Family
Built in 1900
-- sqft lot
$622,800 Zestimate®
$236/sqft
$1,966 Estimated rent
Home value
$622,800
$573,000 - $673,000
$1,966/mo
Zestimate® history
Owner options
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$1,966/mo
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$1,966/mo
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$3,778/mo
Est. payment
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$3,778/mo
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Electric baseboard heaters
Zillow last checked:
Listing updated:
Listed by:
Christos Tzimoulis 215-387-1002,
New Age Realty Group Inc
Bought with:
Bob Lynch-Kraley, RS330952
New Age Realty Group Inc
Source: Bright MLS,MLS#: PAPH2534938
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,610
- Total interior livable area: 2,610 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,087 sqft
- Dimensions: 21.00 x 99.00
Details
- Additional structures: Above Grade
- Parcel number: 881703100
- Zoning: RSA3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Masonry
- Foundation: Other
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Philadelphia
- Subdivision: Cedar Park
- Municipality: PHILADELPHIA
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/6/2026 | Sold | $615,000-6.1%$236/sqft |
Source:  Bright MLS #PAPH2534938 Report a problem | ||
| 10/30/2025 | Contingent | $655,000$251/sqft |
Source: Bright MLS #PAPH2534938 Report a problem | ||
| 10/14/2025 | Price change | $655,000-3%$251/sqft |
Source: Bright MLS #PAPH2534938 Report a problem | ||
| 9/18/2025 | Price change | $675,000-2.2%$259/sqft |
Source: Bright MLS #PAPH2534938 Report a problem | ||
| 9/8/2025 | Listed for sale | $690,000+3.8%$264/sqft |
Source: Bright MLS #PAPH2534938 Report a problem | ||
| 2/12/2025 | Listing removed | $665,000$255/sqft |
Source: Bright MLS #PAPH2396548 Report a problem | ||
| 1/29/2025 | Price change | $665,000-0.7%$255/sqft |
Source: Bright MLS #PAPH2396548 Report a problem | ||
| 10/21/2024 | Price change | $670,000-3.6%$257/sqft |
Source: Bright MLS #PAPH2396548 Report a problem | ||
| 10/9/2024 | Price change | $695,000-4.1%$266/sqft |
Source: Bright MLS #PAPH2396548 Report a problem | ||
| 9/16/2024 | Listed for sale | $725,000$278/sqft |
Source: Bright MLS #PAPH2396548 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Cedar Park
Nearby schools
GreatSchools rating
- 5/10Lea Henry C SchoolGrades: PK-8Distance: 0.4 mi
- 3/10West Philadelphia High SchoolGrades: 9-12Distance: 0.7 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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Estimated market value
$622,800
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
$622,800
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