4418 Market Street

Philadelphia, PA 19104

$450,000
Price
3
Beds
2
Baths
1,280 Sq. Ft.
$352 / Sq. Ft.
1,280
Sq. Ft.
$352
per Sq. Ft.

Description

Welcome to your opportunity to own a prime slice of West Philadelphia real estate! This charming 2005 duplex is nestled in a coveted location, perfect for savvy investors or owner occupants looking to offset mortgage costs. With two separate UPDATED units, a 1 bedroom (great for an owner) and a 2 bedroom, this duplex offers versatility and income potential. Each unit features hard wood floors, newer appliance, ample sunlight and easy access to center city or the suburbs. The layout is designed for...Welcome to your opportunity to own a prime slice of West Philadelphia real estate! This charming 2005 duplex is nestled in a coveted location, perfect for savvy investors or owner occupants looking to offset mortgage costs. With two separate UPDATED units, a 1 bedroom (great for an owner) and a 2 bedroom, this duplex offers versatility and income potential. Each unit features hard wood floors, newer appliance, ample sunlight and easy access to center city or the suburbs. The layout is designed for both comfort and functionality, providing an inviting space for residents. The property's prime location ensures easy access to an array of amenities, including shops, restaurants, parks, and public transportation options. Whether you're strolling through the vibrant streets of West Philly or commuting to downtown, convenience is at your doorstep. Investors will appreciate the opportunity for rental income in this highly sought-after area, while owner occupants can enjoy the benefits of living in one unit while renting out the other to help cover expenses. Rents for 1 bedrooms in the area easily clear $1300 and for 2 bedrooms $1800+ which puts the estimated cap rate at an attractive 7.5%+ There is also a MASSIVE apartment complex expected to be build on the corner a few doors down, which is sure to increase rents/rentability of the units. Don't miss out on this chance to own a piece of West Philadelphia's thriving real estate market. Schedule a viewing today and seize the opportunity to make this duplex your own!
  1. Listed by Jason Wittenstein • KW Empower
    P: 6313270615 jasonwittenstein@gmail.com

Property Details for 4418 Market Street

Tax ID Number
272003900
Ownership
Fee Simple
Structure Type
Other
Style
AirLite
Waterfront
No
Garage
No
Cross Street
S. 45th St
Municipality
PHILADELPHIA

Location

Listing Courtesy of KW Empower
Add your commute
LISTING UPDATED: 04/02/2024 02:37 PM

Property Details for 4418 Market Street

StatusActive
MLS #PAPH2332058
Days on Market45
Taxes$1,731 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2005
Lot Size0.05 AC / 2,079 SF
CountyPhiladelphia County

Location

Listing Courtesy of KW Empower
Add your commute

Building Information for 4418 Market Street

Stories-Residences2Year Built2005Building Size-Lot Size0.05 AC / 2,079 SF

Payment Calculator

$2,600 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,456

Property Taxes

$144

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4418 Market Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19104 (19104)
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
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $123,700
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $95,868
  • City Town Tax: $781
  • Land Assessed Value: $27,832
  • Clean Green Assessed: No
  • Land Use Code: N30
  • Zoning: CMX2
  • Tax Lot: 125
  • School Tax: $950
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
  • Units Furnished: None
  • Units Leased Count: 0
  • Number Of Units Vacant: 2
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Unit Type Lease Type: None
  • Beds Total: 1
  • Full Baths Count: 1
  • Total Rooms: 5
Unit 2
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Level: 1
  • Unit Type Lease Type: None
  • Beds Total: 2
  • Full Baths Count: 1
  • Total Rooms: 5
Financial Information
Financial Information
  • Existing Lease Type: None
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 1,280.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 1046651
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Off Street
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Ceiling Fan(s)
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Other
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 4418 Market Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4418 Market Street

Taxable ValueLand$27,832Additions$95,868Total$123,700
Tax Record2023$1,732 ($144 / month)
Home Facts
Total Finished SqFt1,280 SqFtAbove Grade Finished SqFt1,280 SqFtStories2Lot Size2,079 SqFtStyleMulti-Family Res (5+ Units)Year Built2005ZoningCMX2CountyPHILADELPHIAAPN27-2-0039-00

Schools near 4418 Market Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Locke Alain School
PublicK to 8

West Philadelphia High School
Public9 to 12

The Workshop School
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.

Similar Homes

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4418 Market Street is a multi-family home for sale in Philadelphia, PA 19104. This property was listed for sale on March 15, 2024 by KW Empower, it's currently listed at $450,000. It has been on the market for a total of 45 days and was last sold on March 31, 2017. This listing's school district is Philadelphia City School District. Nearby schools include Locke Alain School, West Philadelphia High School and Paul Robeson High School For Human Services. 4418 Market Street is a 3-bed, 2-bath, 1,280 sqft multi-family home built in 2005.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Empower

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.