University City Multifamily
4630 Chester Avenue Philadelphia, PA 19143
4630 Chester Avenue, Philadelphia, PA, 19143
$585,000
Pending
For Sale
$585,000
Pending
Four-unit property in prime University City location.
Property Size2,454 SF
Days on Market151
Property Features for 4630 Chester Avenue
General Information
- Standard status
- Pending
- Size
- 2,454 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1925
Listing Agency
Compass
(484) 431-3857
Listed by
Dee Greene Hill · License #RS306138
(484) 431-3857
Source
Compass
Added: Feb 19 Updated: Jul 10 at 12:19 pm Checked: Jul 19 at 5:23 am
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 Compass
Investment Insights
Based on property information with market context.
Located in University City, this multifamily property features four units. The layout includes two occupied 2-bedroom units on the second and third floors, renting for $1495 and $1425 per month, respectively. Additionally, there are two vacant 1-bedroom units situated on the first floor and lower level. The property benefits from a new shingle roof. The location provides convenient access to Penn, St. Joe's UC campus, restaurants, and coffee shops. Encompassing 2454 square feet, this property presents an opportunity for both owner-occupants and investors.
Key Highlights
- Prime University City location, walking distance to Penn, St. Joe's UC campus, restaurants, and coffee shops.
- Multi‑family property with 4 units (two 2BR and two 1BR).
- Two 2BR units are currently occupied, generating rental income ($1495/mo and $1425/mo).
Local 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 | $40.9k | $16.68 |
| − Vacancy | −$3.0k | −$1.20 |
| EGI | $38.0k | $15.48 |
| − OpEx | −$11.4k | −$4.64 |
| NOI | $26.6k | $10.83 |
2,454 SF · lease $16.68/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$379.8K
$332.3K – $443.1K
NOI $26,584 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$337.8K
$295.6K – $394.1K
NOI $23,645 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$841.1K
$736.0K – $981.3K
NOI $58,877 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit property in prime University City location.
Where is this quadplex located?
The property is located at 4630 Chester Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Prime University City location, walking distance to Penn, St. Joe's UC campus, restaurants, and coffee shops.; Multi‑family property with 4 units (two 2BR and two 1BR).; Two 2BR units are currently occupied, generating rental income ($1495/mo and $1425/mo).
