$825,000
PENDING

Estimated payment $4,688/month

Total Views 1,217
Studio
-- Baths
6,083 Sq Ft
$136 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Property is in very good condition
  • 2-minute walk to Martin Luther King Recreation
  • Forced Air Heating and Cooling System

About This Home

Fully Renovated 4-Unit Investment with Tax Abatement Welcome to 2002 Cecil B Moore Avenue, a fully occupied 4-unit apartment building just steps from the Liacouras Center and the Martin Luther King Recreation Center. The property was completely renovated in 2020, offering modern finishes and updated systems throughout. With 6 years remaining on the tax abatement, new ownership will benefit from reduced expenses and strong cashflow. The building produces an NOI of $62,115, translating to a 7.53% cap rate, along with a DSCR of 1.42 at 70% LTV, making this a strong candidate for financing and an attractive long-term hold. Whether you are an investor seeking a turn-key property with proven returns or an owner-occupant buyer looking for an opportunity that requires very little management and no renovations, 2002 Cecil B Moore Ave offers both stability and income in a prime location.

Listing Agent

Jason Kleinman

(267) 239-2424 sdgreinfo@gmail.com SDG Management, LLC Brokerage Phone: 2672392424 Listed on: 03/09/2026

Co-Listing Agent

Stephen Stafford

(267) 239-2424 sdgreinfo@gmail.com SDG Management, LLC Brokerage Phone: 2672392424 License #RM424801

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,947

Year Built

  • Built in 1915 | Remodeled in 2020

Lot Details

  • 1,596 Sq Ft Lot
  • Lot Dimensions are 19.00 x 84.00
  • Property is in very good condition

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Foundation
  • Concrete Perimeter Foundation
  • Masonry

Parking

  • Public Parking
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • 4 Units
  • Net Operating Income $64,431

Listing and Financial Details

  • Assessor Parcel Number 472059800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,947

Year Built

Built in 1915 | Remodeled in 2020

Lot Details

1,596 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Total Sq Ft: 6083
  • Living Area Sq Ft: 6083
  • Price Per Sq Ft: 162.31
  • Above Grade Finished Sq Ft: 5083
  • Below Grade Finished Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 19.00 x 84.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1596.00
  • Property Condition: Very Good
  • Zoning: RM-1

Rental Info

  • Existing Lease Type: Yearly
  • Units Leased Count: 4
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Tax Annual Amount: 1946.63
  • Assessor Parcel Number: 472059800
  • Tax Year: 2026

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2027 $1,947 $513,700 $102,740 $410,960
2026 $1,947 $688,400 $137,680 $550,720
2025 $1,908 $688,400 $137,680 $550,720
2024 $1,908 $688,400 $137,680 $550,720
2023 $2,323 $674,800 $134,960 $539,840
2022 $1,970 $165,933 $164,280 $1,653
2021 $1,148 $0 $0 $0
2020 $1,148 $0 $0 $0
2019 $1,110 $0 $0 $0
2018 $669 $0 $0 $0
2017 $669 $0 $0 $0
2016 $669 $0 $0 $0
2015 $641 $0 $0 $0
2014 -- $47,800 $9,198 $38,602
2012 -- $7,744 $1,907 $5,837
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/17/2026 06/17/26 Pending -- -- --
03/09/2026 03/09/26 For Sale $825,000 -- $136 / Sq Ft
Source: Bright MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Source: Bright MLS

MLS Number: PAPH2591594

Bright MLS

APN: 472059800

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