$1,000,000

4215 SALEM ST, Philadelphia, PA 19124

  • 13 beds |
  • 11 baths |
  • 6,979 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $143/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

11-UNIT MULTIFAMILY PORTFOLIO | Philadelphia, Pennsylvania Asking Price $1,000,000 Investment Highlights ● 4 residential properties ● Portfolio includes: ● 4215 Salem St: 4 Units, All 1 BR/1 BA ● 4219 Salem St: 3 BR/1 BA Single Family Rowhome ● 4221 Salem St: 4 Units, All 1 BR/1 BA ● 4223 Salem St: 2 Units, Both 1 BR/1 BA. Convenient access to public transportationl, shopping, restaurants, schools, and major roads ● Strong rental demand with excellent long-term investment potential Financial Summary Gross Annual Income: $130,800 Annual Operating Expenses: Approximately $26,343 Net Operating Income (NOI): Approximately $104,457 Asking Price: $1,000,000 Estimated NOI Yield: 10.45%. Gross Rental Yield 13.08%. Investment Opportunity This is a rare opportunity to acquire a well-maintained, income-producing multifamily portfolio in one of Philadelphia’s most desirable rental markets. The properties offer stable cash flow, low operating expenses, and upside potential through future rental growth. Whether you’re expanding an existing portfolio or completing a 1031 exchange, this asset presents an attractive investment opportunity. Closing Seller is seeking a fast closing. Qualified buyers are encouraged to provide proof of funds or financing pre-approval prior to scheduling property tours. For additional information, including the rent roll, operating statements, or to arrange a private showing, please contact the listing agent. Investment highlights 11 Total Residential Units Strong rental demand in 19124 Value-add opportunity Adjacent lot included with 4215 Salem St Ideal portfolio for cash flow investors Prime location close to public transportation, major roads, shopping, and local amenities.

Listing Status:
Active
Data Last Updated:
October 27, 2026 at 3:21PM
Listing Office:
Longlong Zhan Real Estate Investment : 6105740988
Listing Agent:
Zhan Su : 6105740988
MLS ID:
PAPH2671322
  • Basement: Fully finished
  • A/C: Window Unit(s)
  • Heating: RadiatorElectric
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Traditional
  • General: Masonry2
  • Originating MLS: BRIGHT_MAIN
  • School District: PHILADELPHIA CITY
  • County: PHILADELPHIA-PA
  • Zoning: RM1232504900
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Zhan Su , Longlong Zhan Real Estate Investment

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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