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Renovated Triplex with In-Law Suite
For Sale
$530,000

4945 CHESTNUT STREET, Philadelphia, PA 19139

Three-unit residential property with hardwood flooring, laundry facilities, and a lower-level suite near transportation and shopping.

Property Size3,860 SF
Days on Market228

Property Features for 4945 CHESTNUT STREET

General Information

Standard status Active
Size 3,860 SF
Property subtype Triplex

Taxes and HOA fees

Annual Taxes $3,439

Building Details

Building Size 3,860 SF
Year Built 1925
Listing Agency: Home Line Realty Corp
Listed By: Jing Wang · License #RM424489
Source: Patmckennarealtors
Added: Jan 15 Changed: Aug 30 Last Checked: Aug 30 at 9:16PM

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 Home Line Realty Corp

Investment Insights

Based on property information with market context.

This triplex, originally built in 1925, contains two matching upper-level apartments and a separate lower-level suite. Each of the two primary units offers 3 bedrooms, 2 full bathrooms, laundry, and hardwood flooring throughout. The lower-level residence includes 2 bedrooms, 1 bathroom, and its own laundry center.

The building underwent a full renovation between 2018 and 2019. It is situated in Philadelphia’s University area, with transportation and shopping nearby. The layout combines two substantial apartments with an additional lower-level residential space suitable for an in-law arrangement.

Key Highlights

  • Three‑unit configuration with two 3‑bedroom, 2‑bath apartments and a 2‑bedroom, 1‑bath lower‑level suite
  • Full building renovation completed between 2018 and 2019
  • Two upper‑level units include laundry and hardwood flooring throughout

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic HVAC Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,339
Businesses Nearby

Demographics for 19139, PA

43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential property with hardwood flooring, laundry facilities, and a lower-level suite near transportation and shopping.
Where is this triplex located?
The property is located at 4945 CHESTNUT STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Three‑unit configuration with two 3‑bedroom, 2‑bath apartments and a 2‑bedroom, 1‑bath lower‑level suite; Full building renovation completed between 2018 and 2019; Two upper‑level units include laundry and hardwood flooring throughout
More about this property
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