3029-31 Cedar St, Philadelphia, PA 19134

Philadelphia
Local realty services provided by:Mountain Realty ERA Powered
3029-31 Cedar St,Philadelphia, PA 19134
$500,000
  • 3 Beds
  • - Baths
  • 3,444 sq. ft.
  • Multi-family
  • Active
Listed by: tracy siler
Office: keller williams real estate-langhorne
MLS#:PAPH2581518
Source:BRIGHTMLS

Price summary

  • Price:$500,000
  • Price per sq. ft.:$145.18

About this home

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.

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Home facts

  • Year built:1920
  • Listing ID #:PAPH2581518
  • Added:49 day(s) ago
  • Updated:March 28, 2026 at 01:37 PM

Rooms and interior

  • Bedrooms:3
  • Living area:3,444 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1920
  • Building area:3,444 sq. ft.
  • Lot area:0.07 Acres
  • Architectural Style:Traditional
  • Construction Materials:Masonry

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$500,000
  • Price per sq. ft.:$145.18
  • Tax amount:$7,845 (2025)

Parking

  • Parking description:On Street

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