$2,550,000

Estimated payment $13,814/month

Total Views 445
-- Bed
-- Bath
15,288 Sq Ft
$167 Price per Sq Ft

Highlights

  • 0.11 Acre Lot
  • 5-minute walk to Wayne Junction
  • 4-minute walk to Kay Park
  • Forced Air Heating and Cooling System
  • Property is in excellent condition

About This Home

2022 new construction—Tax Abatement thru 2031. Superb location in burgeoning Wayne Junction—walkable to Attic Brewing, Deke's etc. Right off the Roosevelt Extension (US1) and transportation hub. 14 units and fully occupied. Superb turn-key investment in an A+ red-hot Germantown location. Solid Cap Rate! Excellent condition with fully separated gas and electric. The building is fully zoned for 14 units with an active rental license for 14 units. All units include in-unit dishwasher and washer/dryer, newer stainless-steel appliances, and granite countertops. Each unit has reasonable rents and is in pristine condition—exactly what tenants are looking for. These units are always easy to rent. The current owner

4529-4531 Pulaski is also being offered as part of a larger portfolio with various purchase options. Details on the portfolio and all package combinations include--Superb turn-key commercial investment package. Includes 6 fully occupied, income-generating apartment buildings (37 total units) in excellent locations. 23 units in red-hot Germantown. 9 units at prime 15th & Ellsworth location. 5 units in University City. All new or newer buildings, some with remaining tax abatements Proper Zoning and Active Rental Licenses for every unit Solid Cap Rates! Each apartment building is fully turnkey, and in excellent condition Fully separated gas and electric All units include in-unit dishwasher and washer/dryer New or newer stainless-steel appliances & granite countertops in 34 units (3 units have nice white appliances) Some units with nice outdoor space as well Each unit has reasonable rents for its desirable location and pristine condition—exactly what tenants are looking for. Always easy to rent The current owner values both quality tenants and no vacancies. Most leases run into mid-2026. All buildings well-cared for and maintained with a striking pride of ownership. The 6-building breakdown is as follows: 4529 Pulaski (14 units—2022 ground-up new construction--Tax Abatement thru 2031)—$2,550,000 4637 Germantown (9 units—2024 ground up new construction-Tax Abatement thru 2035)—$1,635,000 These two buildings are a few blocks apart and are also available as a solid 23-unit mini package at $4,185,000. Superb location in burgeoning Wayne Junction-walkable to Attic Brewing, Deke's etc. Transit hub and Right off the Roosevelt Extension (US1) 1148 & 1150 S 15th (6 units being sold together; both 2014 new construction)—$1,400,000 1149 S 15th (3 units—available individually or with 1148-1150; 2008 total rehab)—$625,000 1149 is directly across the street. All nine 15th Street units available for $2,025,000 A+ location at 15th & Ellsworth. 94 WalkScore. One block to Broad Street Subway. Two blocks to Giant, Sprouts, Target, Starbucks, PetSmart, and a lot more. Easy walk to East Passyunk, Italian Market, and Center City 5027 Spruce Street (5 units—2017 ground up new construction—Tax abatement thru 2026)—$925,000. Lovely University City block. Walk to tons of restaurants and shops; Penn, HUP, CHOP, and Drexel; great SEPTA access. Excellent numbers—the entire package offers a 6.92% cap rate. OFFERING MEMORANDUM available upon request. Includes individual building rents, terms, expenses, NOIs, cap rates, and other information. Two additional Development Opportunities are also available for purchase: 5037 Wissahickon—Zoning approval for 18 residential units and one commercial space—$625,000 4633 Germantown—Vacant lot with potential to also acquire city owned corner lot next door and build a 9-unit building by right—$50,000. The city-owned lot is 4535 Germantown and is directly across the street from 4637 Germantown. Note that the 4633 Germantown vacant lot goes street to street and has a clear encroachment built onto the rear portion. Contact Listing Agent for Offering Memorandum. OM includes bed/bath breakdown.

Listing Agent

Jeff Block

(215) 833-7088 jeff@jeffcityblock.com Compass RE License #AB065556 Listed on: 09/15/2025

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,724

Year Built

  • Built in 2022

Lot Details

  • 4,752 Sq Ft Lot
  • Lot Dimensions are 51.00 x 93.00
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • 15,288 Sq Ft Home
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Utilities

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

Listing and Financial Details

  • Tax Lot 60
  • Assessor Parcel Number 881064402

Community Details

Overview

  • 4 Units
  • 4-Story Building

Building Details

  • Net Operating Income $180,334

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,724

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants' Personal Property
  • Inclusions: All appliances
  • New Construction: No
  • Expected On Market: 9/15/2025 12:00:00 AM
  • Year Built: 2022
  • Remarks Public: 2022 new construction—Tax Abatement thru 2031. Superb location in burgeoning Wayne Junction—walkable to Attic Brewing, Deke's etc. Right off the Roosevelt Extension (US1) and transportation hub. 14 units and fully occupied. Superb turn-key investment in an A+ red-hot Germantown location. Solid Cap Rate! Excellent condition with fully separated gas and electric. The building is fully zoned for 14 units with an active rental license for 14 units. All units include in-unit dishwasher and washer/dryer, newer stainless-steel appliances, and granite countertops. Each unit has reasonable rents and is in pristine condition—exactly what tenants are looking for. These units are always easy to rent. The current owner 4529-4531 Pulaski is also being offered as part of a larger portfolio with various purchase options. Details on the portfolio and all package combinations include--Superb turn-key commercial investment package. Includes 6 fully occupied, income-generating apartment buildings (37 total units) in excellent locations. 23 units in red-hot Germantown. 9 units at prime 15th & Ellsworth location. 5 units in University City. All new or newer buildings, some with remaining tax abatements✅ Proper Zoning and Active Rental Licenses for every unit ✅ Solid Cap Rates!✅ Each apartment building is fully turnkey, and in excellent condition✅ Fully separated gas and electric ✅ All units include in-unit dishwasher and washer/dryer✅ New or newer stainless-steel appliances & granite countertops in 34 units (3 units have nice white appliances)✅ Some units with nice outdoor space as well✅ Each unit has reasonable rents for its desirable location and pristine condition—exactly what tenants are looking for. Always easy to rent✅ The current owner values both quality tenants and no vacancies. Most leases run into mid-2026. All buildings well-cared for and maintained with a striking pride of ownership. ✅ The 6-building breakdown is as follows: 4529 Pulaski (14 units—2022 ground-up new construction--Tax Abatement thru 2031)—$2,550,000✅ 4637 Germantown (9 units—2024 ground up new construction-Tax Abatement thru 2035)—$1,635,000✅ These two buildings are a few blocks apart and are also available as a solid 23-unit mini package at $4,185,000. Superb location in burgeoning Wayne Junction-walkable to Attic Brewing, Deke's etc. Transit hub and Right off the Roosevelt Extension (US1)✅ 1148 & 1150 S 15th (6 units being sold together; both 2014 new construction)—$1,400,000✅ 1149 S 15th (3 units—available individually or with 1148-1150; 2008 total rehab)—$625,000✅ 1149 is directly across the street. All nine 15th Street units available for $2,025,000 A+ location at 15th & Ellsworth. 94 WalkScore. One block to Broad Street Subway. Two blocks to Giant, Sprouts, Target, Starbucks, PetSmart, and a lot more. Easy walk to East Passyunk, Italian Market, and Center City✅ 5027 Spruce Street (5 units—2017 ground up new construction—Tax abatement thru 2026)—$925,000. Lovely University City block. Walk to tons of restaurants and shops; Penn, HUP, CHOP, and Drexel; great SEPTA access. ✅ Excellent numbers—the entire package offers a 6.92% cap rate. OFFERING MEMORANDUM available upon request. Includes individual building rents, terms, expenses, NOIs, cap rates, and other information.✅ Two additional Development Opportunities are also available for purchase: 5037 Wissahickon—Zoning approval for 18 residential units and one commercial space—$625,000✅ 4633 Germantown—Vacant lot with potential to also acquire city owned corner lot next door and build a 9-unit building by right—$50,000. The city-owned lot is 4535 Germantown and is directly across the street from 4637 Germantown. Note that the 4633 Germantown vacant lot goes street to street and has a clear encroachment built onto the rear portion.✅ Contact Listing Agent for Offering Memorandum. OM includes bed/bath breakdown.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 15288
  • Living Area Sq Ft: 15288
  • Price Per Sq Ft: 166.80
  • Above Grade Finished Sq Ft: 15288
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4529-4531

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: SC
  • Lot Size Acres: 0.11
  • Lot Dimensions: 51.00 x 93.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4752.00
  • Property Condition: Excellent
  • Year Assessed: 2025
  • Zoning: RTA1

Rental Info

  • Existing Lease Type: Yearly
  • Units Leased Count: 14
  • Vacation Rental: No

Multi Family

  • Gross Income: 211200.00

Tax Info

  • Tax Annual Amount: 2724.00
  • Assessor Parcel Number: 881064402
  • Tax Lot: 60
  • Tax Total Finished Sq Ft: 15288
  • Tax Year: 2025

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 For Sale $2,550,000 +6275.0% $167 / Sq Ft
03/22/2019 03/22/19 Sold $40,000 -20.0% --
02/28/2019 02/28/19 Pending -- -- --
10/30/2018 10/30/18 Price Changed $50,000 -16.7% --
10/01/2018 10/01/18 Price Changed $60,000 -20.0% --
09/22/2018 09/22/18 For Sale $75,000 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: PAPH2536628

Bright MLS

APN: 88-1064402