BuySellBlogBrowse Listings
4938-4940 Penn Street, Philadelphia PA 19124
4938-4940 Penn Street, Philadelphia PA 19124
Pennsylvania>Philadelphia>Frankford

4938-4940 Penn StreetPhiladelphia, PA 19124

For Sale

$550,000

Smart Buyer Rebate $5,500

4938
& 4940 Penn Street, a stabilized six-unit multifamily portfolio located in Philadelphia’s Frankford neighborhood. Built in 2020, the properties feature modern layouts, efficient systems, and low deferred maintenance—ideal for investors seeking turnkey performance and long-term durability. The portfolio offers a mix of spacious two-bedroom and onebedroom units across two adjacent buildings, and is offered as a single package. This property offers reliable returns and low-friction management.

Listed by Saam Tashayyod

·

Trophy Commercial Real Estate LLC

·

2156085745

Last updated September 02, 2025

·

Source: BrightMLS #PAPH2529362

Listing Facts

  • TypeMulti-family
  • NeighborhoodFrankford
  • Days on Prevu21
  • Taxes$7,059/year
  • Size2,970 sqft
  • Price per sqft$185

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/02/2025
Price Increased
$550,000
08/28/2025
Price Decreased
$500,000
08/19/2025
Listed by Trophy Commercial Real Estate LLC
$600,000

Property Details for 4938-4940 Penn Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Year Built: 1940
  • Architectural Style: Other
  • Construction Materials: Masonry

Features

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

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.12
  • Lot Size Dimensions: 30
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,343
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $7,059.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 2,970
  • Living Area Source: Assessor

Rooms

  • Rooms Total: 6

Other

Features

  • Accessibility Features: Ramp - Main Level

Location

  • Tax Lot: 66

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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.