Licensed Quadruplex Investment
902 South 47th Street, Philadelphia, PA 19143
Licensed quadruplex with significant income potential near amenities.
Type:Multi-Family / Fee Simple
Property size:
3,690 SFPrice / SF:
$111/SF- Added:
- May 17, 2026
- Days on Market:
- 18
- Last Refresh:
- May 27 at 1:12 pm
Property Features for 902 South 47th Street
General Information
- Standard status
- Active
- Size
- 3,690 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1895
Listing agent Jackeline Estrada License #RS377975 (215) 745-0101
Listing office Giraldo Real Estate Group (215) 745-0101
Listing date May 17, 2026
Source Compass
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All listing content including descriptions, pricing, images are the copyrighted material of Giraldo Real Estate Group
HighLights
- Licensed Quadruplex with Single Family Rooming House License (10 bedrooms) offering immediate income potential.
- Conversion to four independent units already started, each with in‑unit laundry.
- Major capital improvements completed: all plumbing replaced, three new water heaters, and 50% of electrical work done.
- Separate utilities for each unit.
- Large attic and high‑ceiling basement offer expansion and value‑add potential.
- Convenient location near restaurants, schools, cafes, churches, and entertainment, ensuring strong rental demand.
Overview
This Victorian property is a fully licensed quadruplex and also holds a Single Family with Rooming House license (10 bedrooms). The property presents an exceptional value-add investment opportunity, having been used as a college fraternity house for over 50 years. The owner has started the conversion into four independent income-producing units. Unit 1 features 3 bedrooms, 1 full bath, and in-unit laundry. Unit 2 also includes 3 bedrooms, 1 full bath, and in-unit laundry. Units 3 and 4 each offer 1 bedroom, 1 full bath, and in-unit laundry. Additional features include separate utilities, basement storage, a spacious front porch, a large attic with expansion potential, and a high-ceiling basement. Major capital improvements have already been completed, including fully replaced plumbing, three new water heaters, and approximately 50% completed electrical work. The property, with a size of 3690 square feet, is being sold AS-IS, offering investors the opportunity to complete the renovation, increase rental income, and unlock strong returns. It is conveniently located near restaurants, schools, cafes, churches, and entertainment, ensuring strong rental demand. The property is located in Philadelphia, MLS Area 19143.
Location Intelligence
Current Use by Public Records
Pi Lambda Phi- ...
Volunteer Organization
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.2165318
- Latitude
- 39.9478282
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 South 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 Single Family Rooming House License (10 bedrooms) offering immediate income potential.; Conversion to four independent units already started, each with **in‑unit laundry**.; Major capital improvements completed: **all plumbing replaced, three new water heaters**, and 50% of electrical work done.
