Renovated Four-Unit
For Sale
$699,000
Pending
4733 CEDAR AVENUE, Philadelphia, PA 19143
Updated residential units feature modern kitchens, refreshed bathrooms, and in-suite laundry in select units.
Property Size2,875 SF
Days on Market201
Property Features for 4733 CEDAR AVENUE
General Information
Standard status
Pending
Size
2,875 SF
Property subtype
Quadruplex
Zoning
RSA 3
Site & Location
Neighborhood
West Philadelphia
Units
Unit Mix
2 x 2BR/1BA, 1 x 1BR/1BA, 1 x studio
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$9,660
Amenities
in-suite laundry
Building Details
Building Size
2,875 SF
Year Built
1925
Stories
3
Listing Agency:
AM Realty Advisors
Listed By:
Gloria S Williams · License #RS372072
(856) 522-9092
Source:
Patmckennarealtors
Added: Apr 7
Changed: Oct 21
Last Checked: Oct 23 at 4:24PM
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 AM Realty Advisors
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Investment Insights
Based on property information with market context.
This 2,875-square-foot quadplex contains four residential units and has undergone substantial interior renovation. Improvements include contemporary kitchens, updated bathrooms, abundant natural light, and in-suite laundry in select residences. The property is zoned RSA 3 and includes a multifamily variance.
Located in Philadelphia’s University City, the property is near UPENN, Saint Joseph’s University City campus, major hospitals, and employment centers. The surrounding institutional and employment presence supports a mix of student, professional, and long-term residential demand. One unit is currently occupied, adding an existing occupancy component to the four-unit configuration.
Located in Philadelphia’s University City, the property is near UPENN, Saint Joseph’s University City campus, major hospitals, and employment centers. The surrounding institutional and employment presence supports a mix of student, professional, and long-term residential demand. One unit is currently occupied, adding an existing occupancy component to the four-unit configuration.
Key Highlights
- Four‑unit quadplex at 4733 CEDAR AVE, Philadelphia, PA 19143
- 2,875 SF residential property
- Zoned RSA 3 with a multifamily variance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,145
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$622,900
$622.9K
Cap Rate 7%
$444,929
$444.9K
Cap Rate 9%
$346,056
$346.1K
Market Conditions
NOI Build-Up for 2,875 SF
Gross rent
$48.0K $16.68/SF
− Vacancy
−$3.5K −$1.20/SF
EGI
$44.5K $15.48/SF
− OpEx
−$13.3K −$4.64/SF
NOI
$31.1K $10.83/SF
Area
ZIP 19143
Vacancy
7.22%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$622,900
Cap Rate 7%
$444,929
Cap Rate 9%
$346,056
Alternative Uses
Best Use
Multifamily LT 5
$444.9K
$389.3K – $519.1K
NOI $31,145 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$395.7K
$346.3K – $461.7K
NOI $27,702 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$985.4K
$862.2K – $1.15M
NOI $68,978 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,397
Businesses Nearby
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Business Placement
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Updated residential units feature modern kitchens, refreshed bathrooms, and in-suite laundry in select units.
Where is this quadplex located?
The property is located at 4733 CEDAR AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Four‑unit quadplex at 4733 CEDAR AVE, Philadelphia, PA 19143; 2,875 SF residential property; Zoned RSA 3 with a multifamily variance
