Multifamily
For Sale
$1,825,000
4813 4813-15 Chester Ave, Philadelphia, PA 19143
RSA3 zoning and a 1925 construction date define this Philadelphia multifamily property.
Property Size5,976 SF
Price / SF$305.39
Days on Market224
Property Features for 4813 4813-15 Chester Ave
General Information
Standard status
Active
Size
5,976 SF
Property subtype
Multi-Family
Building Details
Year Built
1880
Listing Agency:
Loonstyn Brothers Realty LLC
Listed By:
Joseph M. Loonstyn Jr. · License #RM426384
(267) 252-0223
Source:
Bethsamberg
Added: Mar 13
Changed: Oct 10
Last Checked: Oct 7 at 5:07PM
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 Loonstyn Brothers Realty LLC
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Investment Insights
Based on property information with market context.
This multifamily property at 4813 Chester Avenue in Philadelphia carries RSA3 zoning and was constructed in 1925. The property includes above-grade and below-grade components, with a reported property size of 5,725.
The address is within Philadelphia’s 19143 MLS area. West Philadelphia High School and the Philadelphia City School District are identified in the property information.
The address is within Philadelphia’s 19143 MLS area. West Philadelphia High School and the Philadelphia City School District are identified in the property information.
Key Highlights
- RSA3 zoning
- Constructed in 1925
- Reported property size of 5,725
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,582
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,151,640
$1.2M
Cap Rate 7%
$822,600
$822.6K
Cap Rate 9%
$639,800
$639.8K
Market Conditions
NOI Build-Up for 5,976 SF
Gross rent
$113.3K $18.96/SF
− Vacancy
−$8.6K −$1.44/SF
EGI
$104.7K $17.52/SF
− OpEx
−$47.1K −$7.88/SF
NOI
$57.6K $9.64/SF
Area
ZIP 19143
Vacancy
7.60%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,151,640
Cap Rate 7%
$822,600
Cap Rate 9%
$639,800
Alternative Uses
Best Use
Apartment 5plus
$822.6K
$719.8K – $959.7K
NOI $57,582 @ 7.0% cap · market cap 3.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.05M
$1.79M – $2.39M
NOI $143,378 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,712
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?
Multifamily property - RSA3 zoning and a 1925 construction date define this Philadelphia multifamily property.
Where is this multifamily property located?
The property is located at 4813 4813-15 Chester Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,825,000.
What are key features of this property?
This property features: RSA3 zoning; Constructed in 1925; Reported property size of 5,725
