#PAPH2460934, Steven Onesti, Listing Office: KW Empower
4008 Baring St Philadelphia, PA 19104
Property details
About 4008 Baring St
Amazing investment opportunity. This modern, fully occupied 3-unit, 7-bedroom multi-family property was built in 2012 and is situated in the highly sought-after West Powelton neighborhood of Philadelphia. Just a short walk from the University of Pennsylvania and Drexel University, ensuring consistent demand from students and professionals. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes two (2) two-bedroom, one-bathroom units and one (1) three-bedroom, two-bathroom unit. The units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, and much more. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Eight property portfolio, can be purchased individually or as a full / partial portfolio (4008, 4010, 4032 & 4011 Baring Street, 416-18 N. Wiota Street, 508 Budd Street, 1537 Swain Street and 1802 N. 5th Street). Seller is in the process of appealing taxes.
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2460910
- MLS Name: BRIGHT
- Office Name: KW Empower
- Office Phone: (215) 627-3500
- Office Email: vicki@kwempower.com
- Listing Agent: Steven Onesti
- Agent Phone: (215) 783-7779
- Agent Email: sonesti@mccannteam.com
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Last updated on: 4/10/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$750,000
4008 Baring St
$8,906
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 24, 2011 | Home Sold | $85,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $481,100 | $6,734 |
2022 | $96,220 | $1,236 |
2021 | $- | $1,236 |
2020 | $619,900 | $1,236 |
2019 | $596,700 | $1,189 |
2018 | $325,000 | $648 |
2017 | $325,000 | $648 |
History based on county public records data.
Nearby schools
5
Samuel Powel Elementary School
Public District KG-4
0.5 mi
•301 N 36th St
3
Inquiry Charter School
Public Charter PK-5
1.1 mi
•1301 Belmont Ave
3
Universal Institute Charter School at Bluford
Public Charter KG-6
2.0 mi
•5801 Media St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,680. Residents of Philadelphia, PA typically earn less than $<35k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 4008 Baring St in Philadelphia, PA and zip code 19104 in the Powelton neighborhood. This 3,141 square foot home, which was built in 2012, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 24, 2025 and is currently priced at $750,000.
In March 2025, from all listings sold in Philadelphia, PA there were more than 174 sold above asking price, over 344 sold below and more than 171 were sold right at the asked price. In March 2025 in Philadelphia, PA there were 29.2% more homes for sale than in February. In March 2025, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $269,412.