Great mixed-use property in University City! One commercial store and 4 modern studio apartments! All separate utilities except cold water/sewer. Owner pays cold water/sewer for the building. The first floor store is currently vacant. In the common hallway to the apartments, there is a shared laundry room with coin-operated W/D. The four apartments are modern studio apartments with all separate gas and electric and self-contained. Each unit has its own Central Air and Heat in unit. Separate hot water tanks per unit in the basement. They are all upgraded with hardwood floors and updated baths/kitchens. The 1st floor rear has access to the yard. Unit 1R is leased through Dec 2025 and pays $1000/mo. Unit 2F is leased at $1000/mo. Unit 2R is leased through April 2025 at $1000/mo. Unit 3 is month-to-month and $1000/mo. Basement is off limits to the tenants. Only accessible through the bilco doors on the front sidewalk. Excellent investment opportunity! Turn key! Come see this! Make your appointment today!
For sale
Price cut: $25K (10/17)
$725,000
4028 Market St, Philadelphia, PA 19104
4beds
5baths
2,711sqft
Est.:
Townhouse
Built in 1915
-- sqft lot
$-- Zestimate®
$267/sqft
$-- HOA
What's special
Shared laundry roomModern studio apartmentsHardwood floorsCentral air and heatAccess to the yard
- 1284 days |
- 213 |
- 7 |
Zillow last checked: 8 hours ago
Listing updated: December 01, 2025 at 06:01am
Listed by:
Mr. Michael A Giangiordano II 267-688-1449,
Century 21 Forrester Real Estate 2153343333
Source: Bright MLS,MLS#: PAPH2124864
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
Basement
- Area: 0
Heating
- Baseboard, Forced Air, Natural Gas, Electric
Cooling
- Central Air, Wall Unit(s), Electric
Appliances
- Included: Gas Water Heater, Electric Water Heater
Features
- Basement: Unfinished,Exterior Entry
- Has fireplace: No
Interior area
- Total structure area: 2,711
- Total interior livable area: 2,711 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,416 Square Feet
- Dimensions: 17.00 x 85.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 871125350
- Zoning: CMX4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Straight Thru
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Stone
Condition
- Excellent
- New construction: No
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: University City
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $267/sqft
- Tax assessed value: $395,000
- Annual tax amount: $5,529
- Date on market: 6/9/2022
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Any And All Appliances In Leases And Owned By Landlords
- Exclusions: Personal And Business Property Owned By Tenants. Any Appliances Owned By Tenants.
- Ownership: Fee Simple
- Total actual rent: 48600
- Income includes: Apartment Rentals, Shop Rentals
Estimated market value
Not available
Estimated sales range
Not available
$2,193/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2025 | Price change | $725,000-3.3%$267/sqft |
Source:  Bright MLS #PAPH2124864 Report a problem | ||
| 6/4/2025 | Listed for sale | $750,000+0%$277/sqft |
Source: Bright MLS #PAPH2124864 Report a problem | ||
| 3/20/2025 | Contingent | $749,900$277/sqft |
Source: Bright MLS #PAPH2124864 Report a problem | ||
| 2/3/2025 | Price change | $749,900-3.2%$277/sqft |
Source: Bright MLS #PAPH2124864 Report a problem | ||
| 1/18/2025 | Price change | $774,9000%$286/sqft |
Source: Bright MLS #PAPH2124864 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,245 +12.9% | $446,100 +12.9% |
| 2024 | $5,529 | $395,000 |
| 2023 | $5,529 +44% | $395,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,283/mo
Principal & interest
$3546
Property taxes
$483
Home insurance
$254
Climate risks
Neighborhood: University City
Nearby schools
GreatSchools rating
- 5/10Locke Alain SchoolGrades: K-8Distance: 0.6 mi
- 2/10West Philadelphia High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: The School District Of Philadelphia
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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