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$2,750,000
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Property Description
This is a RARE OPPORTUNITY to acquire two contiguous buildings located at 612-614 S. 4th Street, comprising a total of 10 FULLY LEASED UNITS-eight residential apartments and two ground-floor commercial spaces. The residential section includes eight high-end apartments, ACCESSED VIA A PRIVATE, GATED ENTRANCE on Leithgow Street. The unit mix consists of four spacious TWO-BEDROOM APARTMENTS AND FOUR BI-LEVEL ONE-BEDROOM UNITS, all thoughtfully designed and finished to a premium standard. Spanning approximately 8,000 square feet, this impressive DOUBLE-WIDE PROPERTY is situated in one of the city's most desirable and HIGH-TRAFFIC NEIGHBORHOODS. The location offers exceptional walkability, just steps from some of Philadelphia's most iconic historic attractions, including Old City landmarks, dining, shopping, and cultural destinations. The two commercial spaces are occupied by established, creditworthy tenants under long-term leases, currently operating as a UPS store and a nail salon. Both storefronts benefit from strong visibility and multiple points of egress, enhancing their long-term desirability and functionality. Residential units include HARDWOOD FLOORING, GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES, CUSTOM CHERRY CABINETRY, DESIGNER-TILED BATHROOMS, central air conditioning, and access to a ROOF TOP DECK. All utilities-including water-are separately metered and paid directly by tenants, minimizing owner expenses and simplifying management. With its prime location, high-quality construction, and reliable tenancy, the property offers a significantly stronger return profile compared to traditional banking or low-yield investments, along with consistent annual upside.
Full Property Details
Full Property Details for 612 S 4th St
General
- Price: $2,750,000
- Taxes: $12,360 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2604900
- Updated: 5/20/2026
- Added to Site: 72 day(s) ago
Business
- Business Type: Apartment Building, Flex, Hair Salon and Spa, Other/G
Parking
- Parking Type: None
Location
- Area: 19147 (19147)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Use GPS
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry, Other
- Building Size: 8200
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,608
- Lot Size Source: Assessor
- Lot Dimensions: 19.00 x 85.00
- Zoning: CMX3
Financial Considerations
- Price Per Sq. Ft.: $335.37
- Assessment Year: 2026
- School Tax: $6,921
- City/TownTax: $5,438
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $883,000
- Tax Amount: $12,360
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
- Lot Number: 308
Listed by Maxwell Realty Company, Nancy L Alperin
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Schools
Schools serving 612 S 4th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Meredith William M School 725 South 5th Street, Philadelphia, PA 19147 | K-8 | 0.1 mi |
Furness Horace High School 1900 South 3rd Street, Philadelphia, PA 19148 | 9-12 | 1.2 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 612 S 4th St
Date
Details
Price
Change
Source
5/20/2026
Price Reduced
$2,750,000
-11.29%
MLS
4/08/2026
Listed
$3,100,000
0.65%
MLS
7/14/2017
Sold
$3,080,000
—
Public Record
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
Tax History for 612 S 4th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,360
—
$883,000
—
2024
$12,360
129%
$883,000
10%
2023
$5,394
-10%
$802,900
100%
2021
$5,993
11%
-100%
2022
$5,394
-10%
$385,340
-57%
2020
$5,993
1%
$896,600
1%
2019
$5,935
-16%
$887,800
-16%
2018
$7,043
38%
$1,053,600
41%
2017
$5,109
34%
$749,400
175%
2016
$3,821
4%
$273,000
—
2015
$3,658
—
$273,000
—
2014
$3,658
-51%
$273,000
255%
2013
$7,504
—
$76,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 612 S 4th St
612 S 4th Street, Philadelphia, PA 19147 (MLS# PAPH2604900) is a Apartment property. 612 S 4th Street is currently listed for $2,750,000 and was received on April 08, 2026. Want to learn more about 612 S 4th Street? Do you have questions about finding other Apartment real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

