Four-Unit Multifamily
For Sale
$1,087,500
4715 LONGSHORE AVENUE, Philadelphia, PA 19135
The property is offered with a second Longshore Avenue address as a combined sale.
Property Size3,046 SF
Days on Market10
Property Features for 4715 LONGSHORE AVENUE
General Information
Standard status
Active
Size
3,046 SF
Property subtype
Quadruplex
Site & Location
Neighborhood
Northeast Philadelphia
Additional Details
Asking Price
$1,087,500
Taxes and HOA fees
Annual Taxes
$4,689
Building Details
Building Size
3,046 SF
Year Built
1940
Buildings
2
Listing Agency:
KW Empower
Listed By:
Asa Kurland · License #RS349157
(267) 388-1114
Source:
Mainlinekw
Added: Oct 23
Changed: Oct 31
Last Checked: Oct 30 at 8:39PM
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 KW Empower
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Investment Insights
Based on property information with market context.
The multifamily property at 4715 Longshore Avenue contains approximately 1,760 SF and was built in 1940. The seller reports four dwelling units, while a City rental-license record reviewed October 23, 2026 lists one. Lawful occupancy of the additional reported units has not been verified; buyers should review licensing, use approvals, occupancy records, and the building’s actual configuration.
The sale combines this property with 4713 Longshore Avenue, and the two properties are not offered separately.
The sale combines this property with 4713 Longshore Avenue, and the two properties are not offered separately.
Key Highlights
- Approximately 1,760 SF; built in 1940
- Seller reports 4 dwelling units; City rental‑license record reviewed October 23, 2026 lists 1
- Offered only with 4713 Longshore Avenue; the two properties must be purchased together
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,912
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$958,240
$958.2K
Cap Rate 7%
$684,457
$684.5K
Cap Rate 9%
$532,356
$532.4K
Market Conditions
NOI Build-Up for 3,046 SF
Gross rent
$92.5K $30.36/SF
− Vacancy
−$5.4K −$1.76/SF
EGI
$87.1K $28.60/SF
− OpEx
−$39.2K −$12.87/SF
NOI
$47.9K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$958,240
Cap Rate 7%
$684,457
Cap Rate 9%
$532,356
Alternative Uses
Best Use
Apartment 5plus
$684.5K
$598.9K – $798.5K
NOI $47,912 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$742.6K
$649.8K – $866.3K
NOI $51,980 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,126
Businesses Nearby
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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?
Multifamily property - The property is offered with a second Longshore Avenue address as a combined sale.
Where is this multifamily property located?
The property is located at 4715 LONGSHORE AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,087,500.
What are key features of this property?
This property features: Approximately 1,760 SF; built in 1940; Seller reports 4 dwelling units; City rental‑license record reviewed October 23, 2026 lists 1; Offered only with 4713 Longshore Avenue; the two properties must be purchased together
