$599,000
PENDING

Estimated payment $3,770/month

Total Views 1,639
-- Bed
-- Bath
3,081 Sq Ft
$194 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • 1-minute walk to Baltimore Avenue And 50Th Street
  • Landscaped
  • Park or Greenbelt View
  • Porch
  • 1-minute walk to Cedar Park

About This Home

Buying a triplex and living in one of your apartments is a great way for a first-time buyer to get into the real estate market, have a great place to live, AND use the other tenants’ rent payments to help pay the mortgage!
This quirky post-Victorian triplex in the Cedar Park section of West Philly’s University City contains 3 very large apartments (one 1 BR; one 1-2 BRs; one 3BRs) and has retained original details while it’s been upgraded and renovated over the years. Any of the apartments could be a great living space for an owner-occupant - perhaps especially the 3rd floor apartment, which also includes finished study or living room space in the 4th floor attic. The building’s south-facing sunny location overlooking the green space of Cedar Park is very convenient to Baltimore Ave., West Philly’s “main street” with eclectic shops, restaurants and bars. Or catch the #34 trolley (recently renamed “T-2”) on Baltimore Ave. and be in the heart of center city in 15 minutes, stopping at UPenn, Drexel U and the 30th St. Station transportation hub along the way. The property’s current annual gross income is $56,400, with a Gross Rent Multiplier of 10.62.

Listing Agent

Melani Lamond

Compass RE License #AB048377L Listed on: 06/04/2025

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,420

Year Built

  • Built in 1900

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 20.00 x 110.00
  • Landscaped
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Contemporary Architecture
  • Traditional Architecture
  • Bi-Level Home
  • Stone Foundation
  • Masonry

Interior Spaces

  • 3,081 Sq Ft Home
  • Park or Greenbelt Views

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Urban Location

Community Details

  • 3 Units
  • University City Subdivision

Listing and Financial Details

  • Tax Lot 112
  • Assessor Parcel Number 462089300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,420

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional, Contemporary, Bi-Level
  • Ownership: Fee Simple
  • Exclusions: Possessions of tenants
  • Historic: No
  • Inclusions: Appliances
  • New Construction: No
  • Expected On Market: 6/4/2025 12:00:00 AM
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Buying a triplex and living in one of your apartments is a great way for a first-time buyer to get into the real estate market, have a great place to live, AND use the other tenants’ rent payments to help pay the mortgage! This quirky post-Victorian triplex in the Cedar Park section of West Philly’s University City contains 3 very large apartments (one 1 BR; one 1-2 BRs; one 3BRs) and has retained original details while it’s been upgraded and renovated over the years. Any of the apartments could be a great living space for an owner-occupant - perhaps especially the 3rd floor apartment, which also includes finished study or living room space in the 4th floor attic. The building’s south-facing sunny location overlooking the green space of Cedar Park is very convenient to Baltimore Ave., West Philly’s “main street” with eclectic shops, restaurants and bars. Or catch the #34 trolley (recently renamed “T-2”) on Baltimore Ave. and be in the heart of center city in 15 minutes, stopping at UPenn, Drexel U and the 30th St. Station transportation hub along the way. The property’s current annual gross income is $56,400, with a Gross Rent Multiplier of 10.62.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Room Count: 11
  • Basement: Yes
  • Basement Type: Full, Rear Entrance, Unfinished
  • Total Sq Ft: 3081
  • Living Area Sq Ft: 3081
  • Price Per Sq Ft: 194.42
  • Above Grade Finished Sq Ft: 3081
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4947

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Sidewalks, Street Lights
  • View: Park/Greenbelt
  • 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • 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: N60
  • Lot Features: Front Yard, Landscaping, Rear Yard
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 110.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2200.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2025
  • Zoning: RSA3

Green Features

  • Green Remarks: No need to own a car! The #34 trolley (now renamed "T-2" stops at the corner & takes you to the heart of center city Philadelphia in 15 minutes, stopping at UPenn, Drexel U & the 30th St. transportation hub along the way

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Owner Pays: Heat, Gas, Management, Water, Sewer
  • Rent Control: No
  • Total Actual Rent: 56400.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 3035.00
  • Tax Annual Amount: 5420.00
  • Assessor Parcel Number: 462089300
  • Tax Lot: 112
  • Tax Total Finished Sq Ft: 2352
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Gross Income: 56400.00
  • Other Units: Unit 1,Unit 2,Unit 3

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

Tax History

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
2025 $4,612 $387,200 $77,400 $309,800
2024 $4,612 $387,200 $77,400 $309,800
2023 $4,612 $329,500 $65,900 $263,600
2022 $3,704 $329,500 $65,900 $263,600
2021 $3,704 $0 $0 $0
2020 $3,704 $0 $0 $0
2019 $3,565 $0 $0 $0
2018 $2,710 $0 $0 $0
2017 $2,710 $0 $0 $0
2016 $2,710 $0 $0 $0
2015 $3,195 $0 $0 $0
2014 -- $238,400 $64,289 $174,111
2012 -- $15,904 $5,467 $10,437
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Pending -- -- --
06/04/2025 06/04/25 For Sale $599,000 -- $194 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $250,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $281,250 Commercial
Previous Owner $246,137 FHA
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2468722

Bright MLS

APN: 462089300