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$615,000
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Property Description
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). The building is 100% leased. Current rent roll is $5,895 per month + $120 in water fees. Gross income is $6,015 per month, or $72,180 per year. 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!
Full Property Details
Full Property Details for 4718 Cedar Ave
General
- Sold For: $615,000
- Taxes: $7,152 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PAPH2534938
- Added to Site: 131 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: 19143 (19143)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: CEDAR PARK
- Driving Directions: Use GPS
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Twin/Semi-Detached
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Full
- Foundation: Other
- Square Feet: 2,610
- Sq. Ft. Source: Estimated
- Living Area: 2,610 Sq. Ft.
- Finished Above Grnd: 2,610 Sq. Ft.
- Year Built: 1900
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,087
- Lot Size Source: Estimated
- Lot Dimensions: 21.00 x 99.00
- Zoning: RSA3
Financial Considerations
- Price Per Sq. Ft.: $250.96
- Assessment Year: 2025
- School Tax: $4,005
- City/TownTax: $3,147
- City/TownTax Freq: Annually
- Tax w/Assessment: $511,000
- Tax Amount: $7,152
- Tax Year: 2025
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 55
Listed by New Age Realty Group Inc, Christos Tzimoulis
Sold by New Age Realty Group Inc, Robert J Lynch-Kraley
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Schools
Schools serving 4718 Cedar Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Lea Henry C School 4700 Locust Street, Philadelphia, PA 19139 | K-8 | 0.3 mi |
West Philadelphia High School 4901 Chestnut Street, Philadelphia, PA 19139 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4718 Cedar Ave
Date
Details
Price
Change
Source
1/06/2026
Sold
$615,000
-6.11%
MLS
10/14/2025
Price Reduced
$655,000
-2.96%
MLS
9/18/2025
Price Reduced
$675,000
-2.17%
MLS
9/08/2025
Listed
$690,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4718 Cedar Avenue, Philadelphia, PA 19143 (MLS# PAPH2534938) is a Single Family property that was sold at $615,000 on January 06, 2026. Want to learn more about 4718 Cedar Avenue? Do you have questions about finding other Single Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

