Fully Occupied Triplex
4700 CEDAR Avenue Philadelphia, PA 19143
New
4700 CEDAR Avenue, Philadelphia, PA, 19143
$540,000
For Sale
$540,000
MULTI_FAMILY - PHILADELPHIA, PA
Property Size2,728 SF
Lot Size0.04 Acres
Price / SF$197.95
Days on Market2
Property Features for 4700 CEDAR Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Standard status
- Active
- Size
- 2,728 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8264
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1925
- Number of units
- 3
- Building materials
- Masonry
Listing Agency
New Age Realty Group Inc
(215) 387-1002
3070 Spring Garden Street, Philadelphia, PA
Listed by
Nicole Caprario · License #RS320794
(215) 387-1002
Added: Jul 17 Checked: Jul 18 at 7:06 pm
MLS# PAPH2649206
Listing URL
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.
4700 Cedar Avenue is a well-maintained triplex currently fully occupied, offering one one-bedroom apartment, one studio apartment, and one three-bedroom apartment. The property includes a full basement and has benefited from numerous upgrades and recent renovations in several units.
The building is located at 4700 Cedar Avenue in Philadelphia, PA 19143. Public remarks indicate the triplex shares a common entrance and must be purchased with 4702 Cedar (duplex listed separately) as a connected offering.
With a total of three residential units on-site and existing renovations in multiple units, the property is positioned for immediate rental occupancy.
The building is located at 4700 Cedar Avenue in Philadelphia, PA 19143. Public remarks indicate the triplex shares a common entrance and must be purchased with 4702 Cedar (duplex listed separately) as a connected offering.
With a total of three residential units on-site and existing renovations in multiple units, the property is positioned for immediate rental occupancy.
Key Highlights
- Well‑maintained fully occupied triplex with immediate rental income
- 4700 Cedar Ave has 3 units: one 1‑bedroom, one studio, and one 3‑bedroom apartment
- Built in 1925 with masonry construction and forced air heating
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 | $45.5k | $16.68 |
| − Vacancy | −$3.3k | −$1.20 |
| EGI | $42.2k | $15.48 |
| − OpEx | −$12.7k | −$4.64 |
| NOI | $29.6k | $10.83 |
2,728 SF · lease $16.68/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$422.2K
$369.4K – $492.5K
NOI $29,552 @ 7.0% cap · market cap 5.47%
Second Best
Apartment 5plus
$375.5K
$328.6K – $438.1K
NOI $26,286 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$935.0K
$818.1K – $1.09M
NOI $65,451 @ 7.0% cap · market cap 12.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well-maintained triplex with three units, full basement, and recent unit renovations, currently fully occupied.
Where is this triplex located?
The property is located at 4700 CEDAR Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Well‑maintained fully occupied triplex with immediate rental income; 4700 Cedar Ave has 3 units: one 1‑bedroom, one studio, and one 3‑bedroom apartment; Built in 1925 with masonry construction and forced air heating
