$1,349,000
NEW CONSTRUCTION

Estimated payment $7,192/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • New Construction
  • 1-minute walk to 49Th Street And Chester Avenue
  • 3-minute walk to Kingsessing Recreation Center
  • Central Heating and Cooling System
  • Property is in excellent condition

About This Home

Looking for a turnkey and hands off multifamily that delivers a strong cap rate right out of the gate, low maintenance, low operating expenses with a 10 year tax abatement (taxes under $1k/year), and professional management already in place? Look no further. Welcome to 4921 Chester Avenue, a newly completed six-unit building in the rapidly growing Kingsessing section of West Philadelphia. Delivered in 2025, this property offers a turnkey, 7+Cap , hands-off investment with in place management, modern finishes, efficient layouts, and reliable in-place income. The building features a mix of 1-bedroom, 1-bedroom + den, and 2-bedroom units, including select top-floor residences with private roof decks. Each apartment is outfitted with in-unit washer/dryers, smart entry systems, and energy-efficient mechanicals, ensuring long-term durability and minimal owner involvement. Situated steps from SEPTA transit and within minutes of major University City employers, this location provides strong rental demand and consistent appreciation, making this a rare opportunity to secure a newly built, fully stabilized multifamily asset in one of West Philadelphia’s most promising growth corridors.

Listing Agent

Reda Akbil

(267) 205-1369 reda.akbil@compass.com Compass RE License #RS337002 Listed on: 11/20/2025

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $979

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 2,248 Sq Ft Lot
  • Lot Dimensions are 32.00 x 71.00
  • Property is in excellent condition

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 1099
  • Assessor Parcel Number 511267500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$979

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: Yes
  • Expected On Market: 11/20/2025 12:00:00 AM
  • Year Built: 2025
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 32.00 x 71.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2248.00
  • Property Condition: Excellent
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 548.00
  • Tax Annual Amount: 979.00
  • Assessor Parcel Number: 511267500
  • Tax Lot: 1099
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

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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 List to Sale Price per Sq Ft
11/20/2025 11/20/25 For Sale $1,349,000 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: PAPH2560632

Bright MLS