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Turnkey Four-Unit Multifamily
For Sale
$419,900

4106 OLD YORK Road, Philadelphia, PA 19140

MULTI_FAMILY - Colonial - PHILADELPHIA, PA

Property Size2,560 SF
Lot Size0.06 Acres
Price / SF$164.02
Days on Market59

Property Features for 4106 OLD YORK Road

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking features On Street
Middle school ROBERTO CLEMENTE
High school OLNEY HIGH SCHOOL EAST
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 2,560 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 2403

Utilities

Heating system Hot Water(Heating), Radiant, Baseboard
Cooling system Ceiling Fan(s)

Building Details

Year built 1940
Number of units 4
Building materials Masonry
Architectural style Colonial
Listing Agency: Realty One Group Supreme
Listed By: Kyle Spina · License #RS350018
Added: Jun 3 Changed: Jul 28 Last Checked: Jul 31 at 9:06PM
MLS# PAPH2629512

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.

Turnkey 4-unit investment property featuring a practical mix of apartment types, with two 1-bedroom units and two additional units including a 2-bedroom layout. Three units are currently occupied and generating income, while the remaining 1-bedroom unit is vacant, offering flexibility for an owner-occupant to move in or for an investor to lease immediately and increase cash flow from day one. Electric service is separately metered, helping keep operating expenses predictable.

The property totals four residential units and benefits from a newer roof, reducing near-term maintenance concerns. Located in a high-demand rental market with convenient access to major roadways, public transportation, shopping, restaurants, and employment centers, it combines ongoing rental income with longer-term market support.

This asset is well suited for investors seeking a cash-flowing building with an included vacancy and room to improve performance, including opportunities noted for below-market rents in one occupied unit and additional income when fully stabilized. For owner-occupants, the vacant unit provides a straightforward “house-hack” path to offset housing costs with tenant rent while building equity. With projected gross annual income approaching $58,000 when fully stabilized, the property presents a compelling option for buyers looking for immediate income potential and value-add upside.

Key Highlights

  • Four‑unit residential building (Colonial) built in 1940 with masonry construction
  • Unit mix includes two 1‑bedroom apartments and one 2‑bedroom apartment; three units currently occupied and generating income
  • Vacant 1‑bedroom unit provides flexibility to move in or lease and increase cash flow

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Electrical Service Carpet & Flooring Store Computer & Electronic Repair

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

Lease Details

4
Residential units
75%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,667
Businesses Nearby

Demographics for 19140, PA

52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - Well-maintained four-unit with three income-producing apartments, newer roof, and a vacant unit that supports immediate owner-occupant flexibility or rent upside.
Where is this quadplex located?
The property is located at 4106 OLD YORK Road Philadelphia, PA.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Four‑unit residential building (Colonial) built in 1940 with masonry construction; Unit mix includes two 1‑bedroom apartments and one 2‑bedroom apartment; three units currently occupied and generating income; Vacant 1‑bedroom unit provides flexibility to move in or lease and increase cash flow
More about this property
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