4921 CHESTER Avenue, Philadelphia, PA 19143

Building Details

Year built

2025

Number of units

4

Listing agent Dava Costello License #RS332269 Show Phone

Listing office OCF Realty LLC - Philadelphia m***@gmail.com 1936 Washington Avenue, Philadelphia, PA Show Phone

Listing date Apr 28, 2026

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MLS# PAPH2608734 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.

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Overview

Located in Philadelphia, this new construction multifamily property, built in 2025, features six residential units and offers approximately 4,300 square feet of gross building area. The building is fully leased and positioned for immediate cash flow. It contains spacious 2-bedroom, 1-bath residences. The third-floor units include private rooftop deck access. The property features modern building systems, energy-efficient mechanicals, updated infrastructure, contemporary finishes, in-unit washer and dryers, and smart entry systems. An approved 10-year tax abatement keeps annual real estate taxes low. The property is located half a block from 49th Street Station, providing access to the Market-Frankford Line, multiple SEPTA routes, the 64 line, and the T3 line, offering connectivity to University City, Center City, University of Pennsylvania, Drexel University, and Children's Hospital of Philadelphia. The transit-oriented location drives rental demand from students, medical professionals, university employees, and local workforce tenants. The property is located in West Philadelphia, near major institutions and transit corridors.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Philadelphia

County

Delaware

State

Pennsylvania

Longitude

-75.21751

Latitude

39.94372

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FAQs

What type of property is this?

Apartment building - Fully leased, new construction 6-unit multifamily in West Philadelphia.

Where is this apartment building located?

The property is located at 4921 CHESTER Avenue Philadelphia, PA.

What is the asking price?

The asking price for this property is $1,195,000.

What are key features of this property?

This property features: New construction (2025) 6‑unit multifamily property, fully leased and generating immediate cash flow.; Approved 10‑year tax abatement significantly enhances net operating income and investor returns.; Prime location: Half a block from 49th Street Station, providing excellent access to public transportation and major employment centers.