Six-Unit Apartment
For Sale
$500,000
3029 Cedar Street, Philadelphia, PA 19134
Fully leased multifamily property with three storage sheds and RSA5 zoning in Philadelphia’s Port Richmond area.
Property Size3,444 SF
Price / SF$145.18
Days on Market215
Property Features for 3029 Cedar Street
General Information
Standard status
Active
Size
3,444 SF
Property subtype
Multi-Family / Fee Simple
Zoning
RSA5
Occupancy
100%
Additional Details
Cap Rate
9.45%
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$7,845
Amenities
No
No Pool
Above Grade, Below Grade
Building Details
Year Built
1920
Listing Agency:
Keller Williams Real Estate-Langhorne
(215) 757-6100
Listed By:
Tracy Siler · License #RS278588
(215) 757-6100
Source:
Compass
Added: Jan 28
Changed: Aug 30
Last Checked: Aug 30 at 11:39PM
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 Keller Williams Real Estate-Langhorne
Investment Insights
Based on property information with market context.
This 3,444-square-foot multifamily property was built in 1920 and is currently arranged as six apartments, all reported fully leased. The building is being sold as is and includes three storage sheds. The property’s stated cap rate is 9.45.
Located at 3029 Cedar Street in Philadelphia’s 19134 area, the property is within the Philadelphia City School District. Zoning is RSA5; the current six-apartment configuration differs from the stated zoning allowance for two apartments, and any required variance is not guaranteed.
The offering combines an existing six-unit layout with storage improvements and an established leased status. Buyers should independently verify zoning, unit legality, leases, physical condition, and other property details during due diligence.
Located at 3029 Cedar Street in Philadelphia’s 19134 area, the property is within the Philadelphia City School District. Zoning is RSA5; the current six-apartment configuration differs from the stated zoning allowance for two apartments, and any required variance is not guaranteed.
The offering combines an existing six-unit layout with storage improvements and an established leased status. Buyers should independently verify zoning, unit legality, leases, physical condition, and other property details during due diligence.
Key Highlights
- 3,444‑square‑foot multifamily property built in 1920
- Currently configured with six apartments
- All six apartments are currently fully leased
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,087
Businesses Nearby
Explore this area
Business Placement
Demographics for 19134, PA
57,463
Population
25,290
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
77%
High-School Grad
3.4 sq mi
ZIP Area
16,901
Density / Sq Mi
$41,849
Median Household Income
$35,858
Median Earnings
$1,179
Median Rent
$127,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased multifamily property with three storage sheds and RSA5 zoning in Philadelphia’s Port Richmond area.
Where is this apartment building located?
The property is located at 3029 Cedar Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 3,444‑square‑foot multifamily property built in 1920; Currently configured with six apartments; All six apartments are currently fully leased
