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3029 Cedar StreetPhiladelphia, PA 19134

For Sale

$475,000

Smart Buyer Rebate $4,750

Calling all investors looking to expand their portfolio. This multi-family property offers immediate income potential. Located the high demand Philadelphia neighborhood of Port Richmond, this property provides consistent rental income and all six apartments are currently fully leased. There are also three storage sheds that could bring in an additional estimated $225-$300 per month. Solid bones and a desirable location make this an attractive opportunity for the right buyer. The property is currently configured as six units with a cap rate of 9.45, however it is zoned for two apartments and is being sold AS IS. Buyers are encouraged to perform their own due diligence, seller makes no guarantee that the buyer will be able to obtain a variance from the city.

Listed by Tracy Siler

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License #RS278588

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Keller Williams Real Estate-Langhorne

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2152086123

Last updated April 30, 2026

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Source: BrightMLS #PAPH2581518

Listing Facts

  • TypeMulti-family
  • NeighborhoodRichmond
  • Days on Prevu85
  • Taxes$7,845/year
  • Size3,444 sqft
  • Price per sqft$138

Location

Mortgage Calculator

Listing History

04/30/2026
Price Decreased
$475,000
02/06/2026
Listed by Keller Williams Real Estate-Langhorne
$500,000

Property Details for 3029 Cedar Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 4
  • Year Built: 1920
  • Architectural Style: Traditional
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.07
  • Lot Size Dimensions: 35
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3,105
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 9.45
  • Operating Expense Includes: Insurance

Taxes

  • Tax Annual Amount: $7,845.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 3,444
  • Living Area Source: Assessor

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Window Unit(s)
  • Heating: Baseboard - Electric
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 3029 Cedar Street.

What are the annual taxes for 3029 Cedar Street?

Annual taxes for this multi-family home are estimated at $7,845.

How does 3029 Cedar Street compare to other multi-family homes in Richmond?

This multi-family home is listed 28% below the average price for multi-family homes in Richmond and has been on the market for 12 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,444 sqft.

3029 Cedar Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19134. On Prevu for 85 days at $475,000. This includes a recent price decrease of $25,000. This property features 3,444 square feet of living space, located in Richmond. The median listing price for multi-family homes in this area is $259,950. Explore more multi-family home listings in Philadelphia.

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.