Well-Maintained Triplex with 3
For Sale
$384,900
4522 COTTMAN Avenue, Philadelphia, PA 19135
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,634 SF
Lot Size0.04 Acres
Price / SF$235.56
Days on Market110
Property Features for 4522 COTTMAN Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,634 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
3806
Utilities
Heating system
Baseboard, Other (Heating), Electric (Heating)
Building Details
Year built
1950
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
Re/Max One Realty · RE/MAX International
(215) 953-8800
Listed By:
Francisco Neto · License #RS181696L
(215) 913-2490
Added: Apr 14
Changed: Jul 13
Last Checked: Aug 1 at 11:06PM
MLS# PAPH2596508
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.
This well-maintained triplex at 4522 Cottman Avenue features three separate residential units. The first and second floors are configured as a large three-bedroom apartment with a modern kitchen, living room, and a full bath. The lower level contains two one-bedroom apartments, each with its own living area, kitchen, and a full bath.
Located in the Mayfair section of Northeast Philadelphia, the property is described as being close to schools and public transportation, with easy access to I-95 and Route 1. The lot size is listed at 0.036 acres, and the total property size is 1,634 square feet.
For buyers seeking a residential income property, the unit mix provides multiple entry points for occupancy, with a larger apartment spanning the upper floors and two smaller one-bedroom layouts on the lower level. The described layout and maintained condition support a straightforward, owner-operator or investor model for managing three units within a single building.
Located in the Mayfair section of Northeast Philadelphia, the property is described as being close to schools and public transportation, with easy access to I-95 and Route 1. The lot size is listed at 0.036 acres, and the total property size is 1,634 square feet.
For buyers seeking a residential income property, the unit mix provides multiple entry points for occupancy, with a larger apartment spanning the upper floors and two smaller one-bedroom layouts on the lower level. The described layout and maintained condition support a straightforward, owner-operator or investor model for managing three units within a single building.
Key Highlights
- Well‑maintained triplex located in the Mayfair section of Northeast Philadelphia
- Two one‑bedroom apartments on the lower level, each with living area, kitchen, and a full bath
- Large 3‑bedroom apartment on the first and second floors with a modern kitchen, living room, and a full bath
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.2k | $25.80 |
| − Vacancy | −$2.3k | −$1.42 |
| EGI | $39.8k | $24.38 |
| − OpEx | −$12.0k | −$7.31 |
| NOI | $27.9k | $17.06 |
1,634 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$398.3K
$348.6K – $464.7K
NOI $27,884 @ 7.0% cap · market cap 7.24%
Second Best
Apartment 5plus
$367.2K
$321.3K – $428.4K
NOI $25,702 @ 7.0% cap · market cap 6.68%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Highway access
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex offers two one-bedroom apartments downstairs and a two-floor three-bedroom unit above.
Where is this triplex located?
The property is located at 4522 COTTMAN Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $384,900.
What are key features of this property?
This property features: Well‑maintained triplex located in the Mayfair section of Northeast Philadelphia; Two one‑bedroom apartments on the lower level, each with living area, kitchen, and a full bath; Large 3‑bedroom apartment on the first and second floors with a modern kitchen, living room, and a full bath
