4700-4702 CEDAR Avenue Philadelphia, PA 19143
MULTI_FAMILY - PHILADELPHIA, PA
Property Features for 4700-4702 CEDAR Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Standard status
- Active
- Size
- 5,124 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 16020
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1925
- Number of units
- 4
- Building materials
- Masonry
Listing agent Nicole Caprario License #RS320794 (215) 387-1002
Listing office New Age Realty Group Inc 3070 Spring Garden Street, Philadelphia, PA (215) 387-1002
Listing date Jul 9, 2026
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.
The property is located in West Philadelphia within minutes of the University of Pennsylvania, Drexel University, and local neighborhood amenities including Clark Park and Cedar Park, and it is close to the Baltimore Avenue commercial corridor.
Offered for sale as a turnkey multifamily package, this is an income-producing property featuring a compact two-building layout, five total units, and existing basement space in each building.
Key Highlights
- Two‑building multifamily property at 4700–4702 Cedar Avenue with five residential units total
- 100% occupied with immediate rental income from day one
- 4700 Cedar Avenue: 3 units (1 one‑bedroom, 1 studio, 1 three‑bedroom)
Local Financial Insights For Apartment 5plus
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 | $97.2k | $18.96 |
| − Vacancy | −$7.4k | −$1.44 |
| EGI | $89.8k | $17.52 |
| − OpEx | −$40.4k | −$7.88 |
| NOI | $49.4k | $9.64 |
