$7,707 Closing Credit¹
Minh Nguyen-Rivera, Listing Office: KW Empower
$7,956
closing credit¹
4718 Cedar Ave Philadelphia, PA 19143
$670,000 List price
$7,956
Closing credit¹
2,610 sqft
0.05 acres
$257 / sqft
House
Property details
About 4718 Cedar Ave
Excellent opportunity to purchase a 6-unit multifamily property in a fabulous location! 4718 Cedar Avenue is in the wonderful Cedar Park section of University City, Philadelphia. The building features 6 apartments (3 studios and 3 one-bedroom units), all of which are currently leased. Current rent roll is $5520 per month + $120 water fees. Total gross income of $5640 per month, $67,680 per year. Rent roll: 1F $925 (+$20 water) thru 5/31/2025; 1R $1050 (+$20 water) thru 3/31/2025; 2F $975 (+$20 water) thru 6/30/2025; 2R $1050 (+$20 water) thru 9/30/2025; 3F $560 (+$20 water) thru 4/30/2025 (long term tenant); 3R $960 (+$20 water) thru 3/31/2025. Each unit has individually controlled electric baseboard heaters paid for by tenants. Owner supplies hot and cold water. There is a coin op washer and dryer in the large common basement. This property is very close to parks, the bustling Baltimore Avenue commercial corridor and public transit, making it one of the most convenient locations in University City. Schedule your tour today!
Highlights
Home typeOther
HeatingBaseboard
StatusActive
(ACTIVE)
(ACTIVE)
Size2,610 sqft
BasementYes
Lot size0.05 Acres
Year built1900
ParkingOn Street
MLS #PAPH2396548
Summary
- MLS Number: PAPH2396548
- MLS Name: BRIGHT
- Office Name: New Age Realty Group Inc
- Office Phone: (215) 387-1002
- Office Email: chris@newagerealtygroup.com
- Listing Agent: Christos Tzimoulis
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/22/2025, 1:15:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$670,000
4718 Cedar Ave
$7,956
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2020 | $0 | $6,409 |
| 2019 | $454,500 | $6,362 |
| 2018 | $361,900 | $5,065 |
| 2017 | $378,900 | $5,303 |
History based on county public records data.
Nearby schools
5
Samuel Powel Elementary School
Public District KG-4
1.5 mi
•301 N 36th St
3
Inquiry Charter School
Public Charter PK-5
1.8 mi
•1301 Belmont Ave
5
Thomas G. Morton School
Public District KG-5
1.8 mi
•2501 S 63rd 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 $57,966. Typical income of Philadelphia, PA residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
22%
<35k
60%
35k-100k
12%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
66%
Single, No Kids
6%
Single, with Kids
15%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
4%
12-17 yrs old
40%
18-34 yrs old
37%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Tennis
Art Museums
Where do the neighbors shop?
H&M
Crate & Barrel
Bloomingdales
Where do the neighbors go to eat?
Chipotle
Starbucks
Jack In The Box
What do the neighbors drive?
Volkswagen
BMW
Audi
What do the neighbors listen to?
Rhythmic Contemporary Hits
News
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4718 Cedar Ave
This home is located at 4718 Cedar Ave in Philadelphia, PA and zip code 19143 in the Cedar Park neighborhood. This 2,610 square foot home, which was built in 1900, sits on a 0.05 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $670,000.
While more than 218 listings in Philadelphia, PA in December 2024 were sold above asking price, there were more than 229 listings sold at asking price, and more than 580 were sold below. The inventory of homes for sale in Philadelphia, PA between November and December 2024 decreased by 2.3%. The median list price of listings available in December 2024 was $267,873, while the average time on the real estate market was 49 days.
From Rocket Homes Real Estate and based on county public records data.