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$675,000

  • For Sale
  • Active
  • Townhouse
  • 2,765 Sq. Ft.
  • Updated 11 days ago
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Turnkey, fully renovated and occupied University City quadplex offered at a 7.72% in-place cap rate! AND it has most of its full 10-year tax abatement remaining! This property offers immediate income with additional upside through light value-add and rental optimization, without the need for a major renovation program. Extensive building upgrades include a new roof and major building systems, along with updated interiors featuring hardwood flooring, modern finishes in all kitchens and baths, abundant natural light, and individually managed electric services. This three-story property includes four spacious and distinct units: a large bi-level 4BR/2BA with private outdoor space, a bright and open studio with bay windows, a spacious 1BR, and a 2BR with a private third-floor deck. A shared coin-operated basement laundry provides additional resident convenience and supplemental income potential. Ideally located in University City with convenient access to Penn, Drexel, major medical institutions, public transportation, restaurants, retail, and neighborhood amenities. This is a rare opportunity to acquire a renovated, fully occupied multifamily asset with immediate cash flow and identifiable upside.

Full Property Details for 4942 Chestnut St

General

  • Price: $675,000
  • Taxes: $2,659 (2026)
  • Status: Active
  • Type: Townhouse
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2674106
  • Updated: 9/25/2026
  • Added to Site: 12 day(s) ago

Interior

  • Number of Rooms: 15

Parking

  • Parking Type: On Street

Location

  • Area: 19139 (19139)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Driving Directions: GPS

School Information

  • School District: The School District Of Philadelphia

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Structure Type: Interior Row/Townhouse
  • Construction: Masonry
  • Basement: Yes
  • Basement Desc.: Improved
  • Foundation: Stone
  • Square Feet: 2,765
  • Sq. Ft. Source: Estimated
  • Living Area: 2,765 Sq. Ft.
  • Finished Above Grnd: 2,240 Sq. Ft.
  • Finished Below Grnd: 525 Sq. Ft.
  • Year Built: 1925
  • Year Built Source: Assessor

Unit Information

  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,792
  • Lot Size Source: Assessor
  • Zoning: RM1

Financial Considerations

  • Price Per Sq. Ft.: $301.34
  • School Tax: $1,489
  • City/TownTax: $1,170
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $189,982
  • Tax Amount: $2,659
  • Tax Year: 2026

Disclosures and Reports

  • Ownership: Fee Simple
  • Inclusions: All appliances, including refrigerators, dishwashers, washer, and dryer
  • Lot Number: 37

Listed by Compass Pennsylvania, LLC, Peter van der Vlugt

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Listing agent

— 4942 Chestnut St —

  • Peter van der Vlugt

    Compass Pennsylvania, LLC

Listing Office Email: kenenochs@compass.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 4942 Chestnut St

School District:Philadelphia City School District
NameGradesDistance
Locke Alain School
4550 Haverford Avenue, Philadelphia, PA 19139
K-80.5 mi
West Philadelphia High School
4901 Chestnut Street, Philadelphia, PA 19139
9-120.1 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 4942 Chestnut St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/24/2026
Listed
$675,000
132.76%
MLS
3/06/2019
Sold
$290,000
—
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 4942 Chestnut St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,845
—
$637,000
-7%
2025
$2,845
—
$681,400
—
2024
$2,845
5%
$681,400
251%
2023
$2,717
26%
$194,100
100%
2021
$2,150
—
-100%
2020
$2,150
4%
$153,600
4%
2019
$2,070
14%
$147,900
14%
2018
$1,811
—
$129,400
—
2017
$1,811
—
$129,400
—
2016
$1,811
4%
$129,400
—
2015
$1,734
—
$129,400
—
2014
$1,734
22%
$129,400
787%
2013
$1,426
—
$14,592
—
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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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Compass Pennsylvania, LLC, Peter van der Vlugt

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4942 Chestnut Street, Philadelphia, PA 19139 (MLS# PAPH2674106) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 4942 Chestnut Street is currently listed for $675,000 and was received on September 24, 2026. Want to learn more about 4942 Chestnut Street? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

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