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). All units are leased except 3F, which is now on the rental market with an anticipated rent of $875. Current rent roll is $5,020 per month + $100 in water fees. With 3F leased at $875, monthly rent goes to $5,895 and water to $120 per month for a total of $6,015, 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!
Listed by Christos Tzimoulis
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License #RM423707
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New Age Realty Group Inc
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2153871002
Last updated September 05, 2025
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Source: BrightMLS #PAPH2534938
Listing Facts
TypeMulti-family
NeighborhoodCedar Park
Taxes$7,152/year
Size2,610 sqft
Price per sqft$264
Location
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Property Details for 4718 Cedar Avenue
Exterior
Construction
New Construction: No
Number Of Units Total: 1
Year Built: 1900
Architectural Style: Other
Construction Materials: Masonry
Features
Other Structures: Above Grade
Waterfront: No
Measurements
Lot Dimensions Source: Estimated
Lot Size Acres: 0.05
Lot Size Dimensions: 21
Lot Size Source: Estimated
Lot Size Square Feet: 2,087
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $7,152.00
Tax Year: 2025
Interior
Measurements
Living Area: 2,610
Living Area Source: Estimated
Rooms
Basement: Full
Has Basement: Yes
Other
Location
Subdivision Name: CEDAR PARK
Tax Lot: 55
Parking
Parking
Garage: No
Utilities
Equipment
Heating: Baseboard - Electric
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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