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5-Unit Brick Apartment Building

4052 CHESTNUT ST, Philadelphia, PA 19104

For Sale
$999,000

Multi-Family, PHILADELPHIA, PA

Property Size2,850 SF
Lot Size0.07 Acres
Price / SF$350.53
Days on Market49

Property Features for 4052 CHESTNUT ST

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Size 2,850 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 8538

Utilities

Heating system Forced Air
Cooling system Window Unit(s)

Building Details

Year built 1915
Number of units 1
Building materials Brick
Architectural style Other
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Vincent Tagliente · License PA AB065013
Added: Sep 25 Last Checked: Nov 12 at 7:06PM
MLS# PAPH2668840

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.

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Investment Insights

Based on property information with market context.

This five-unit apartment building is a twin detached property with brick construction. The building contains 2,850 square feet and was built in 1915. Forced-air heating and window-unit cooling serve the property.

Set on a 0.0745-acre lot, the building is located at 4052 Chestnut St in Philadelphia, Pennsylvania.

Key Highlights

  • Five‑unit apartment building
  • 2,850 square feet of building area
  • 0.0745‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,829
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$896,580 $896.6K
Cap Rate 7%
$640,414 $640.4K
Cap Rate 9%
$498,100 $498.1K
Market Conditions
NOI Build-Up for 2,850 SF
Gross rent
$86.5K $30.36/SF
− Vacancy
−$5.0K −$1.76/SF
EGI
$81.5K $28.60/SF
− OpEx
−$36.7K −$12.87/SF
NOI
$44.8K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$896,580
Cap Rate 7%
$640,414
Cap Rate 9%
$498,100

Alternative Uses

Best Use
Apartment 5plus
$640.4K
$560.4K – $747.2K (±1% cap)
NOI $44,829 @ 7.0% cap · market cap 4.49%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$694.8K
$607.9K – $810.6K (±1% cap)
NOI $48,635 @ 7.0% cap · market cap 4.87%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

5
Residential units

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
View Realmo Analytics

Market

Average Price Trend$/SF for Apartment buildings in Philadelphia, PA

$301 Jul
$255 Aug
$255 Sep
$251 Oct

Properties on Market for Apartment buildings in Philadelphia

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A twin detached residential property offers five apartments in a brick building.
Where is this apartment building located?
The property is located at 4052 CHESTNUT ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Five‑unit apartment building; 2,850 square feet of building area; 0.0745‑acre lot
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