4123 Westminster Ave, Philadelphia, PA 19104

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
4123 Westminster Ave,Philadelphia, PA 19104
$2,375,000
  • 18 Beds
  • - Baths
  • 3,876 sq. ft.
  • Multi-family
  • Active
Listed by: saam tashayyod
Office: trophy commercial real estate llc.
MLS#:PAPH2622626
Source:BRIGHTMLS

Price summary

  • Price:$2,375,000
  • Price per sq. ft.:$612.75

About this home

4123–27 Westminster Avenue, a 12-unit multifamily investment located in West Philadelphia.​ The asset consists of a balanced mix of six 1-bedroom units and six 2-bedroom units, averaging approximately 750 square feet per unit, offering an efficient and highly marketable unit mix that appeals to a broad tenant base. The unit mix caters to a broad tenant base, including students, young professionals, and roommate-style renters, resulting in strong leasing demand and operational stability.​ The asset benefits from a straightforward layout, consistent unit configuration, and efficient property management.​ The property is in year 1 of the full 10-year tax abatement.​ At the asking price of $2,375,000, the asset delivers an inplace Net Operating Income of approximately $168,566, equating to a 7.10% cap rate, with the ability to achieve a stabilized NOI of approximately $185,250 (7.80% cap) through mark-to-market leasing.​ Investment Highlights *​12-Unit Multifamily Asset ​*7.10%...

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Home facts

  • Year built:2023
  • Listing ID #:PAPH2622626
  • Added:90 day(s) ago
  • Updated:August 14, 2026 at 01:39 PM

Rooms and interior

  • Bedrooms:18
  • Rooms Total:12
  • Living area:3,876 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Natural Gas

Structure and exterior

  • Year built:2023
  • Building area:3,876 sq. ft.
  • Lot area:0.04 Acres
  • Construction Materials:Masonry

Finances and disclosures

  • Price:$2,375,000
  • Price per sq. ft.:$612.75
  • Tax amount:$1,595 (2025)

Parking

  • Parking description:On Street

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