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$895,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 3 days ago
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UNIVERSITY CITY MIXED-USE INVESTMENT OPPORTUNITY | 3 RESIDENTIAL UNITS + APPROX. 2,200 SF COMMERCIAL | CMX-4 | VALUE-ADD / REDEVELOPMENT POTENTIAL Rare Market Street mixed-use opportunity featuring three residential units on the second floor and approximately 2,200 SF of first-floor commercial space. Located in the CMX-4 high-density mixed-use zoning district, offering value-add, repositioning and potential redevelopment opportunities. The property underwent a substantial interior renovation in 2006, including extensive interior demolition and rebuilding, new interior walls/partitions, new flooring and installation of a sprinkler system. The first floor features an extensive multi-space commercial layout. The three residential units provide additional value-add potential and flexibility for future renovation, repositioning or redevelopment, subject to applicable zoning, permitting and approvals. Property offered AS-IS. Excellent University City location near SEPTA transportation, University of Pennsylvania, Drexel University, Penn Medicine, CHOP, neighborhood retail and restaurants, and Center City Philadelphia.

Full Property Details for 4053 Market St

General

  • Price: $895,000
  • Taxes: $8,632 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2675686
  • Updated: 10/1/2026
  • Added to Site: 6 day(s) ago

Additional Information

  • Security/Safety: Sprinkler System - Indoor, Fire Detection System

Parking

  • Parking Type: On Street

Location

  • Area: 19104 (19104)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Driving Directions: At 40th market, next to the big parking lot.

School Information

  • School District: Philadelphia City

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C, Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Other
  • Structure Type: Other
  • Construction: Masonry
  • Square Feet: 3,524
  • Sq. Ft. Source: Estimated
  • Living Area: 3,524 Sq. Ft.
  • Finished Above Grnd: 3,524 Sq. Ft.
  • Year Built: 1965
  • Year Built Source: Assessor

Unit Information

  • Other Units: Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,200
  • Lot Size Source: Assessor
  • Zoning: CMX4

Financial Considerations

  • Price Per Sq. Ft.: $253.97
  • For Lease: Yes
  • Assessment Year: 2025
  • School Tax: $4,834
  • City/TownTax: $3,798
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $616,700
  • Tax Amount: $8,632
  • Tax Year: 2026

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 54

Listed by Keller Williams Main Line, Lily L Wu

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Listing agent

— 4053 Market St —

  • Lily L Wu

    Keller Williams Main Line

Listing Office Email: info@mainlinekw.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4053 Market St

School District:Philadelphia City School District
NameGradesDistance
Locke Alain School
4550 Haverford Avenue, Philadelphia, PA 19139
K-80.6 mi
West Philadelphia High School
4901 Chestnut Street, Philadelphia, PA 19139
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4053 Market St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/29/2026
Listed
$895,000
291.02%
MLS
5/11/2006
Sold
$228,888
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4053 Market St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$7,731
—
$616,700
12%
2025
$7,731
—
$552,300
—
2024
$7,731
14%
$552,300
14%
2023
$6,788
36%
$484,900
100%
2021
$4,993
—
-100%
2020
$4,993
1%
$356,700
1%
2019
$4,944
3%
$353,200
3%
2018
$4,801
30%
$343,000
30%
2017
$3,700
—
$264,300
—
2016
$3,700
4%
$264,300
—
2015
$3,542
—
$264,300
—
2014
$3,542
170%
$264,300
1867%
2013
$1,313
—
$13,440
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Keller Williams Main Line, Lily L Wu

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4053 Market Street, Philadelphia, PA 19104 (MLS# PAPH2675686) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 4053 Market Street is currently listed for $895,000 and was received on September 29, 2026. Want to learn more about 4053 Market Street? Do you have questions about finding other Multi-Family real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

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