4702 Cedar Ave
Listing Notes
Welcome to 4702 Cedar Avenue, a well-maintained, fully occupied duplex offering immediate rental income and excellent long-term investment potential. This duplex MUST be purchased with 4700 Cedar (triplex listed at $540,000) as they have a common entrance. 4702 Cedar consists of two three-bedroom apartments. The property includes full basement, has benefited from numerous upgrades and recent renovations in units, and is 100% occupied, providing immediate, stable rental income from day one. Ideally located in the heart of West Philadelphia, the property is just minutes from the University of Pennsylvania, Drexel University, Clark Park, Cedar Park, and the vibrant Baltimore Avenue commercial corridor, with its wide variety of restaurants, cafes, shops, and neighborhood amenities. This is a rare opportunity to acquire two properties featuring five total residential units connected by a shared entryway, creating the convenience of a single property while maintaining the character of residential multifamily housing not a commercial building. Whether you're looking to expand an existing portfolio or acquire a turnkey income-producing asset in one of Philadelphia's most desirable rental markets, this building is an exceptional investment opportunity. Don't miss your chance to own this unique multifamily property.
Price in context
Cheaper than 25% of the 24 homes listed nearby right now, which run $285,000 to $725,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 5240 Larchwood Ave | $285,000 | 4 bd · 2 ba |
| 4913 Pentridge St | $299,900 | 5 bd · 3 ba |
| 4915 Pentridge St | $299,900 | 4 bd · 2 ba |
| 5224 Beaumont Ave | $299,900 | 4 bd · 2.5 ba |
| 1322 S Lindenwood St | $309,900 | 4 bd · 2.5 ba |
| 4826 Greenway Ave | $329,000 | 3 bd · 1.5 ba |
| 1010 S 51st St | $330,000 | 4 bd · 3 ba |
| 4127 Woodland Ave | $349,000 | 7 bd · 3 ba |
| 4129 Woodland Ave | $349,000 | 7 bd · 2 ba |
| 4125 Woodland Ave | $349,000 | 6 bd · 2 ba |
| 1109 S 52nd St | $360,000 | 5 bd · 2.5 ba |
| 4714 Woodland Ave | $400,000 | — |
| 4438 Ludlow St | $425,000 | 3 bd · 2.5 ba |
| 5111 Locust St | $430,000 | 3 bd · 2.5 ba |
| 1231 S Markoe St | $450,000 | 3 bd · 3 ba |
| 5029 Locust St | $450,000 | 3 bd · 2.5 ba |
| 5225 Chester Ave | $499,900 | — |
| 1210 S 45th St | $500,000 | 4 bd · 3 ba |
| 1217 S 47th St | $515,000 | 5 bd · 3 ba |
| 824 S Saint Bernard St | $525,000 | — |
| 4700 Cedar Ave | $540,000 | — |
| 207 S 49th St | $685,000 | — |
| 4911 Warrington Ave | $718,900 | 5 bd · 3 ba |
| 4706 Cedar Ave | $725,000 | — |
Where it is
For sale Coming soon Recently sold— zoom out for more