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4052 & 4050 Chestnut Street, Philadelphia, PA 19104

Eleven residential units across two apartment buildings near universities, medical institutions, transit, dining, shopping, and neighborhood services.

Property SizeContact for details
Days on Market6

Property Features for 4052 & 4050 Chestnut Street

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Public Transit Yes

Building Details

Buildings 2
Listing Agency: Coldwell Banker Realty
Listed By: Vincent tagliente · License #AB065013
Source: Crexi
Added: Sep 11 Changed: Sep 16 Last Checked: Sep 16 at 2:54PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This offering comprises two apartment buildings at 4052 and 4050 Chestnut Street in Philadelphia. The 4052 property contains five residential units, while 4050 includes six residential units, for a combined total of 11 units. The source information indicates that lease-up and rental optimization are contemplated at both properties, with little to no major capital improvements anticipated.

The buildings are positioned in the University City / Spruce Hill area, near the University of Pennsylvania, Drexel University, Penn Medicine, CHOP, and the University City Science Center. Public transportation, restaurants, shopping, and other neighborhood amenities are also identified in the surrounding area. The two-building configuration provides a multifamily offering with proximity to major academic and medical institutions.

Key Highlights

  • Two apartment buildings at 4052 and 4050 Chestnut Street
  • Combined 11 residential units
  • 4052 Chestnut Street contains five units

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Building Supply Electrical Service HVAC Service Kitchen & Bath Showroom Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,663
Businesses Nearby

Demographics for 19104, PA

56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Eleven residential units across two apartment buildings near universities, medical institutions, transit, dining, shopping, and neighborhood services.
Where is this apartment building located?
The property is located at 4052 & 4050 Chestnut Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Two apartment buildings at 4052 and 4050 Chestnut Street; Combined 11 residential units; 4052 Chestnut Street contains five units
(215) 923-7600 Call to check price and availability
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