Renovated Multifamily Building Near
4214 POWELTON Philadelphia, PA 19104
4214 POWELTON, Philadelphia, PA, 19104
$1,199,999
For Sale
Under Contract
$1,199,999
MULTI_FAMILY - Loft - PHILADELPHIA, PA
Property Size5,075 SF
Lot Size0.04 Acres
Price / SF$236.45
Days on Market324
Property Features for 4214 POWELTON
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Interior features
- Bathroom - Walk-In Shower, Built-Ins, Combination Kitchen/Living, Floor Plan - Traditional, Kitchen - Gourmet, Recessed Lighting, Upgraded Countertops, Walk-in Closet(s)
- Appliances
- Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Washer/Dryer Stacked, WaterHeater
- Standard status
- Active Under Contract
- Size
- 5,075 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2094
Utilities
- Cooling system
- Ductless
Building Details
- Year built
- 1915
- Number of units
- 4
- Building materials
- Masonry, Brick, Vinyl Siding
- Architectural style
- Loft
Listing Agency
Coldwell Banker Realty
(610) 566-1100
1023 E Baltimore Pike, Plymouth Meeting, PA
Listed by
Steven M. Eckell · License #AB065133
(484) 432-0720
Added: Aug 27, 2025 Checked: Jul 16 at 4:06 pm
MLS# PAPH2530834
Listing URL
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This four-unit multifamily property in Philadelphia, PA, presents an investment opportunity in University City. The building was fully renovated in 2022/2023 and contains a total of 5,075 square feet on a 0.0363-acre lot. The property features three 2-bedroom, 2-bathroom apartments and one 3-bedroom, 2-bathroom apartment, each equipped with in-unit washer/dryer. Unit 2 has private access to a rear yard, Unit 3 includes its own balcony, and Unit 4 boasts a private roof deck with city views. The apartments feature kitchens and updated baths. The property is located near Drexel University and UPenn. The annual rent roll is $101,340, and the annual operating expenses are $9,500.
Key Highlights
- Fully renovated four‑unit building (completed 2022/2023) with modern finishes.
- Prime location in University City near Drexel University and UPenn.
- Strong income‑producing property with an annual rent roll of $101,340.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $130.9k | $25.80 |
| − Vacancy | −$7.2k | −$1.42 |
| EGI | $123.7k | $24.38 |
| − OpEx | −$37.1k | −$7.31 |
| NOI | $86.6k | $17.06 |
5,075 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.08M – $1.44M
NOI $86,604 @ 7.0% cap · market cap 7.22%
Second Best
Apartment 5plus
$1.14M
$997.8K – $1.33M
NOI $79,827 @ 7.0% cap · market cap 6.65%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit building near Drexel and UPenn, fully renovated in 2022/2023.
Where is this quadplex located?
The property is located at 4214 POWELTON Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: Fully renovated four‑unit building (completed 2022/2023) with modern finishes.; Prime location in University City near Drexel University and UPenn.; Strong income‑producing property with an annual rent roll of $101,340.
