Tenant-Occupied
For Sale
$245,000
4504 Cottman Avenue, Philadelphia, PA 19135
The property includes one-bedroom and two-bedroom units with current tenant occupancy.
Property Size1,320 SF
Price / SF$185.61
Days on Market53
Property Features for 4504 Cottman Avenue
General Information
Standard status
Active
Size
1,320 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Northeast Philadelphia
Public Transit
Yes
Units
Unit Mix
1 x 1BR, 1 x 2BR
Multifamily Units
2
Building Details
Year Built
1950
Listing Agency:
Canaan Realty Services INC
Listed By:
Xiao Lan · License #3268183
(267) 528-9965
Source:
Bedizbeachtobay
Added: Sep 9
Changed: Oct 26
Last Checked: Oct 28 at 5:05AM
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 Canaan Realty Services INC
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Investment Insights
Based on property information with market context.
This duplex contains two residential units: one configured with one bedroom and the other with two bedrooms. The property is tenant occupied and offers 1,320 square feet of building area. Constructed in 1950, it provides an established residential asset with an existing occupant base.
The property is located at 4504 Cottman Avenue in Philadelphia, Pennsylvania. Shopping, restaurants, public transportation, and major roadways are located nearby, providing convenient access to everyday services and regional travel connections.
The property is located at 4504 Cottman Avenue in Philadelphia, Pennsylvania. Shopping, restaurants, public transportation, and major roadways are located nearby, providing convenient access to everyday services and regional travel connections.
Key Highlights
- Two‑unit duplex with one‑bedroom and two‑bedroom residences
- 1,320 square feet of building area
- Currently occupied by tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,526
Cap Rate
9.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$450,520
$450.5K
Cap Rate 7%
$321,800
$321.8K
Cap Rate 9%
$250,289
$250.3K
Market Conditions
NOI Build-Up for 1,320 SF
Gross rent
$34.1K $25.80/SF
− Vacancy
−$1.9K −$1.42/SF
EGI
$32.2K $24.38/SF
− OpEx
−$9.7K −$7.31/SF
NOI
$22.5K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$450,520
Cap Rate 7%
$321,800
Cap Rate 9%
$250,289
Alternative Uses
Best Use
Multifamily LT 5
$321.8K
$281.6K – $375.4K
NOI $22,526 @ 7.0% cap · market cap 9.19%
Second Best
Apartment 5plus
$296.6K
$259.5K – $346.1K
NOI $20,763 @ 7.0% cap · market cap 8.47%
Theoretical Best
—
—
same as Best Use
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
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,757
Businesses Nearby
Explore this area
Business Placement
Demographics for 19135, PA
35,422
Population
14,323
Households
2.5
Avg Household Size
34
Median Age
16%
College-Educated
82%
High-School Grad
2.3 sq mi
ZIP Area
15,401
Density / Sq Mi
$51,817
Median Household Income
$38,673
Median Earnings
$1,197
Median Rent
$182,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The property includes one-bedroom and two-bedroom units with current tenant occupancy.
Where is this duplex located?
The property is located at 4504 Cottman Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Two‑unit duplex with one‑bedroom and two‑bedroom residences; 1,320 square feet of building area; Currently occupied by tenants
