Licensed Quadruplex Investment
902 S 47TH Street, Philadelphia, PA 19143
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property size:
3,690 SFLot size:
0.07 AcresPrice / SF:
$111/SF- Added:
- May 22, 2026
- Days on Market:
- 13
- Last Refresh:
- Jun 3 at 4:06 am
Property Features for 902 S 47TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 3,690 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9480
Utilities
- Heating system
- Baseboard, Hot Water(Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1895
- Number of units
- 4
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Jackeline Estrada License #RS377975 (215) 745-0101
Listing office Giraldo Real Estate Group 6443 Rising Sun Avenue, Philadelphia, PA (215) 745-0101
Listing date May 22, 2026
MLS# PAPH2625428
Listing URL
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HighLights
- Licensed Quadruplex with Additional Single Family/Rooming House License: Provides immediate legal framework for multi‑unit rental income.
- Significant Value‑Add Potential: Opportunity to complete renovations and increase rental income in a high‑demand location.
- Major Capital Improvements Completed: Plumbing fully replaced, three new water heaters installed, and 50% of electrical work done, reducing initial renovation costs.
- Four Independent Units with In‑Unit Laundry: Each unit offers desirable amenities for tenants, maximizing rental appeal.
- High‑Ceiling Basement and Large Attic: Offer expansion potential for additional units or amenities.
- Convenient Location: Close proximity to restaurants, schools, cafes, churches, and entertainment ensures consistent rental demand.
Overview
This Victorian property, a fully licensed quadruplex with a Single Family with Rooming House license (10 bedrooms), presents an exceptional value-add investment opportunity. Previously used as a college fraternity house for over 50 years, the owner has initiated the conversion into four independent income-producing units. Unit 1 features 3 bedrooms, 1 full bath, and in-unit laundry; Unit 2 offers 3 bedrooms, 1 full bath, and in-unit laundry; Unit 3 includes 1 bedroom, 1 full bath, and in-unit laundry; and Unit 4 provides 1 bedroom, 1 full bath, and in-unit laundry. Additional features encompass separate utilities, basement storage, a spacious front porch, a large attic with expansion potential, and a high-ceiling basement suitable for future value creation. Major capital improvements already completed include fully replaced plumbing, three new water heaters, and approximately 50% completion of electrical work. The 3690 square foot property is being sold AS-IS, offering investors the opportunity to complete the renovation, increase rental income, and unlock strong returns. Situated on a 0.073-acre lot, the property is conveniently located near restaurants, schools, cafes, churches, and entertainment, ensuring strong rental demand.
Property Profile
Location Intelligence
Current Use by Public Records
Pi Lambda Phi- ...
Volunteer Organization
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.2165299
- Latitude
- 39.9478264
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Licensed quadruplex with significant income potential near amenities.
Where is this quadplex located?
The property is located at 902 S 47TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $409,900.
What are key features of this property?
This property features: Licensed Quadruplex with Additional Single Family/Rooming House License: Provides immediate legal framework for multi‑unit rental income.; Significant Value‑Add Potential: Opportunity to complete renovations and increase rental income in a high‑demand location.; Major Capital Improvements Completed: Plumbing fully replaced, three new water heaters installed, and 50% of electrical work done, reducing initial renovation costs.
