Well-Maintained Triplex with 3
4522 COTTMAN Avenue Philadelphia, PA 19135
4522 COTTMAN Avenue, Philadelphia, PA, 19135
$384,900
For Sale
$384,900
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,634 SF
Lot Size0.04 Acres
Price / SF$235.56
Days on Market101
Property Features for 4522 COTTMAN Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,634 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3806
Utilities
- Heating system
- Baseboard, Other (Heating), Electric (Heating)
Building Details
- Year built
- 1950
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing agency
Re/Max One Realty
(215) 953-8800
Listed by
Francisco Neto · License #RS181696L
(215) 913-2490
Added: Apr 14 Updated: Jul 13 at 10:55AM Checked: Jul 23 at 10:06AM
MLS# PAPH2596508
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 well-maintained triplex at 4522 Cottman Avenue features three separate residential units. The first and second floors are configured as a large three-bedroom apartment with a modern kitchen, living room, and a full bath. The lower level contains two one-bedroom apartments, each with its own living area, kitchen, and a full bath.
Located in the Mayfair section of Northeast Philadelphia, the property is described as being close to schools and public transportation, with easy access to I-95 and Route 1. The lot size is listed at 0.036 acres, and the total property size is 1,634 square feet.
For buyers seeking a residential income property, the unit mix provides multiple entry points for occupancy, with a larger apartment spanning the upper floors and two smaller one-bedroom layouts on the lower level. The described layout and maintained condition support a straightforward, owner-operator or investor model for managing three units within a single building.
Located in the Mayfair section of Northeast Philadelphia, the property is described as being close to schools and public transportation, with easy access to I-95 and Route 1. The lot size is listed at 0.036 acres, and the total property size is 1,634 square feet.
For buyers seeking a residential income property, the unit mix provides multiple entry points for occupancy, with a larger apartment spanning the upper floors and two smaller one-bedroom layouts on the lower level. The described layout and maintained condition support a straightforward, owner-operator or investor model for managing three units within a single building.
Key Highlights
- Well‑maintained triplex located in the Mayfair section of Northeast Philadelphia
- Two one‑bedroom apartments on the lower level, each with living area, kitchen, and a full bath
- Large 3‑bedroom apartment on the first and second floors with a modern kitchen, living room, and a full bath
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 | $42.2k | $25.80 |
| − Vacancy | −$2.3k | −$1.42 |
| EGI | $39.8k | $24.38 |
| − OpEx | −$12.0k | −$7.31 |
| NOI | $27.9k | $17.06 |
1,634 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$398.3K
$348.6K – $464.7K
NOI $27,884 @ 7.0% cap · market cap 7.24%
Second Best
Apartment 5plus
$367.2K
$321.3K – $428.4K
NOI $25,702 @ 7.0% cap · market cap 6.68%
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
Triplexes
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FAQs
What type of property is this?
Triplex - Triplex offers two one-bedroom apartments downstairs and a two-floor three-bedroom unit above.
Where is this triplex located?
The property is located at 4522 COTTMAN Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $384,900.
What are key features of this property?
This property features: Well‑maintained triplex located in the Mayfair section of Northeast Philadelphia; Two one‑bedroom apartments on the lower level, each with living area, kitchen, and a full bath; Large 3‑bedroom apartment on the first and second floors with a modern kitchen, living room, and a full bath
