Renovated Four-Unit Multifamily
4733 Cedar Avenue Philadelphia, PA 19143
4733 Cedar Avenue, Philadelphia, PA, 19143
$725,000
Pending
For Sale
$725,000
Pending
Renovated quadplex with four updated residential units, including in-suite laundry in select units.
Property Size2,875 SF
Days on Market122
Property Features for 4733 Cedar Avenue
General Information
- Standard status
- Pending
- Size
- 2,875 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1925
Listing agency
AM Realty Advisors
(856) 522-9092
Listed by
Gloria S Williams · License #RS372072
(856) 522-9092
Source
Compass
Added: Mar 23 Updated: Jul 21 at 5:15AM Checked: Jul 21 at 5:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AM Realty Advisors
Investment Insights
Based on property information with market context.
This renovated four-unit multifamily property features four updated residential apartments with modern kitchens, updated bathrooms, and generous natural light. In-suite laundry is available in select units.
The first floor includes a two-bedroom, one-bath unit. The second floor also provides a two-bedroom, one-bath residence. The third unit is configured as a one-bedroom, one-bath apartment, and the fourth unit is an additional one-bedroom, one-bath residence.
Located in University City, the property is described as being near University of Pennsylvania and Saint Joseph’s University City campuses, as well as major hospitals and employment hubs.
The first floor includes a two-bedroom, one-bath unit. The second floor also provides a two-bedroom, one-bath residence. The third unit is configured as a one-bedroom, one-bath apartment, and the fourth unit is an additional one-bedroom, one-bath residence.
Located in University City, the property is described as being near University of Pennsylvania and Saint Joseph’s University City campuses, as well as major hospitals and employment hubs.
Key Highlights
- Renovated four‑unit multi‑family property (quadplex) with four updated residential units.
- Unit mix includes two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units.
- In‑suite laundry available in select units, including updated kitchens and spa‑like bathrooms.
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 | $48.0k | $16.68 |
| − Vacancy | −$3.5k | −$1.20 |
| EGI | $44.5k | $15.48 |
| − OpEx | −$13.3k | −$4.64 |
| NOI | $31.1k | $10.83 |
2,875 SF · lease $16.68/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$444.9K
$389.3K – $519.1K
NOI $31,145 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$395.7K
$346.3K – $461.7K
NOI $27,702 @ 7.0% cap · market cap 3.82%
Theoretical Best
Office A
$985.4K
$862.2K – $1.15M
NOI $68,978 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Renovated quadplex with four updated residential units, including in-suite laundry in select units.
Where is this quadplex located?
The property is located at 4733 Cedar Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Renovated four‑unit multi‑family property (quadplex) with four updated residential units.; Unit mix includes two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units.; In‑suite laundry available in select units, including updated kitchens and spa‑like bathrooms.
