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4921 Chester AvenuePhiladelphia, PA 19143

For Sale

$1,275,000

Smart Buyer Rebate $12,750

Welcome to 4921 Chester Avenue, a rare opportunity to acquire a fully leased, new construction 6-unit multifamily investment property in one of West Philadelphia’s fastest-growing rental corridors. Built in 2025, this turnkey asset offers approximately 4,300 square feet of gross building area and is positioned for immediate cash flow, long-term appreciation, and low-maintenance ownership. This stabilized apartment building consists of six residential units, including spacious 2-bedrooms and 1-bath residences. The third-floor units each feature private rooftop deck access, a highly desirable amenity that supports premium rents and strong tenant retention. Purpose-built for efficient ownership, this new construction multifamily property features modern building systems, energy-efficient mechanicals, updated infrastructure, contemporary finishes, in-unit washer and dryers, smart entry systems, and minimal near-term capital expenditure needs, making it an ideal hands-off investment for buy-and-hold investors, 1031 exchange buyers, and portfolio expansion. A major value driver is the approved 10-year tax abatement, keeping annual real estate taxes exceptionally low and significantly enhancing net operating income and investor returns. Combined with the benefits of new construction, this creates a highly attractive, low-expense, low-maintenance investment profile. Just half a block from 49th Street Station, this property offers unbeatable access to the Market-Frankford Line, multiple SEPTA routes, the 64 line, and the T3 line—providing seamless connectivity to University City, Center City, University of Pennsylvania, Drexel University, Children's Hospital of Philadelphia, and other major employment centers. This highly desirable transit-oriented location drives strong and reliable rental demand from students, medical professionals, university employees, and local workforce tenants alike. West Philadelphia continues to see significant redevelopment and steady housing demand, with rental rates showing consistent year-over-year growth. Positioned near major institutions and transit corridors, this asset is well suited for long-term appreciation, stable occupancy, and continued income growth. A rare opportunity to acquire a fully leased, new construction multifamily investment with immediate cash flow, low taxes, and strong upside in one of Philadelphia’s fastest-growing neighborhoods.

Listed by Dava Costello

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License #RS332269

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OCF Realty LLC - Philadelphia

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2673041771

Last updated April 28, 2026

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Source: BrightMLS #PAPH2608734

Listing Facts

  • TypeMulti-family
  • NeighborhoodKingsessing
  • Days on Prevu2
  • Taxes$979/year
  • Size4,300 sqft
  • Price per sqft$297

Location

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Listing History

04/28/2026
Listed by OCF Realty LLC - Philadelphia
$1,275,000

Property Details for 4921 Chester Avenue

Exterior

Construction

  • New Construction: Yes
  • Number Of Units Total: 4
  • Property Condition: Excellent
  • Year Built: 2025
  • Architectural Style: Other
  • Construction Materials: Other

Features

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

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.05
  • Lot Size Dimensions: 32
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2,248
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.6
  • Operating Expense Includes: Insurance

Taxes

  • Tax Annual Amount: $979.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 4,300
  • Living Area Source: Estimated

Other

General

  • Exclusions: tenants personal belongings

Location

  • Tax Lot: 1099

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Central
  • 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 4921 Chester Avenue.

What are the annual taxes for 4921 Chester Avenue?

Annual taxes for this multi-family home are estimated at $979.

How does 4921 Chester Avenue compare to other multi-family homes in Kingsessing?

This multi-family home is listed 197% above the average price for multi-family homes in Kingsessing and has been on the market for 83 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 4,300 sqft.

4921 Chester Avenue is a -bedroom multi-family home for sale in PHILADELPHIA PA 19143. Listed on Prevu for 2 days at $1,275,000. This property features 4,300 square feet of living space, located in Kingsessing. The median listing price for multi-family homes in this area is $220,000. View other multi-family home listings in Philadelphia.

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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.