3029 Cedar St

Beds
Baths
3,444 Sq. Ft.
$138 / Sq. Ft.
3,444
Sq. Ft.
$138
per Sq. Ft.

Description

Calling all investors looking to expand their portfolio. This multi-family property offers immediate income potential. Located the high demand Philadelphia neighborhood of Port Richmond, this property provides consistent rental income and all six apartments are currently fully leased. There are also three storage sheds that could bring in an additional estimated $225-$300 per month. Solid bones and a desirable location make this an attractive opportunity for the right buyer. The property is currently...Calling all investors looking to expand their portfolio. This multi-family property offers immediate income potential. Located the high demand Philadelphia neighborhood of Port Richmond, this property provides consistent rental income and all six apartments are currently fully leased. There are also three storage sheds that could bring in an additional estimated $225-$300 per month. Solid bones and a desirable location make this an attractive opportunity for the right buyer. The property is currently configured as six units with a cap rate of 9.45, however it is zoned for two apartments and is being sold AS IS. Buyers are encouraged to perform their own due diligence, seller makes no guarantee that the buyer will be able to obtain a variance from the city.
  1. Listed by Tracy Siler • Keller Williams Real Estate-Langhorne
    P: (215)-208-6123 tracysilerkw@gmail.com

Property Details for 3029 Cedar Street

Tax ID Number
251423229
Ownership
Fee Simple
Structure Type
Other
Style
Traditional
Waterfront
No
Garage
No
Cross Street
Clearfield
Municipality
PHILADELPHIA
LISTING UPDATED: 04/30/2026 06:07 PM

Property Details for 3029 Cedar Street

StatusActive
MLS #PAPH2581518
Days on Market93
Taxes$7,845 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.07 AC / 3,105 SF
CountyPhiladelphia County

Location

Listing Courtesy of Keller Williams Real Estate-Langhorne
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Building Information for 3029 Cedar Street

Stories-Residences4Year Built1920Building Size-Lot Size0.07 AC / 3,105 SF

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Principal and Interest

$2,392

Property Taxes

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HOA Dues

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Property Information for 3029 Cedar Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19134 (19134)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $560,500
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $448,400
  • City Town Tax: $3,452
  • Land Assessed Value: $112,100
  • Clean Green Assessed: No
  • Land Use Code: U30
  • Zoning: RSA5
  • School Tax: $4,393
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Water
Unit Information
Unit Information
  • Single Room Units Count: 3
  • One Bedroom Units Count: 3
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 6
Financial Information
Expenses
  • Operating Expense Includes: Insurance
Financial Information
  • Gross Scheduled Income: $67,980
  • Annual Rental Income: $67,980
  • Income Includes: Apartment Rentals
  • Cap Rate: 9.45
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 3,444.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 35.00 x 90.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 8579953
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 3029 Cedar Street

DateEvent & SourcePriceAppreciation
Apr 30, 2026

Price Change

BRIGHT #PAPH2581518

$475,000
Feb 6, 2026

Listed (Active)

BRIGHT #PAPH2581518

$500,000
Oct 18, 2022

Withdrawn

BRIGHT #PAPH2151278

DateEvent & SourcePrice
04/30/2026

Price Change

BRIGHT #PAPH2581518

$475,000
02/06/2026

Listed (Active)

BRIGHT #PAPH2581518

$500,000
10/18/2022

Withdrawn

BRIGHT #PAPH2151278

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 3029 Cedar Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Richmond School
PublicK to 5

Memphis Street Academy Charter School
Charter5 to 8

Kensington HS
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3029 Cedar Street is a multi-family home for sale in Philadelphia, PA 19134. This property was listed for sale on February 6, 2026 by Keller Williams Real Estate-Langhorne, it's currently listed at $475,000. This listing's school district is The School District of Philadelphia. Nearby schools include Richmond School, Memphis Street Academy Charter School and Kensington HS. 3029 Cedar Street is a 0-bed, 0-bath, 3,444 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Real Estate-Langhorne

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.