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About This Home

This 0-bedroom, 0-bathroom other at 4921 CHESTER Avenue in PHILADELPHIA, PA is listed for $1,275,000. Built in 2025, on a 0.03 acres lot.

Agent Description

Welcome to 4921 Chester Avenue, a rare opportunity to acquire a fully leased, new construction 6-unit multifamily investment property in one of West Philadelphia's fastest-growing rental corridors. Built in 2025, this turnkey asset offers approximately 4,300 square feet of gross building area and is positioned for immediate cash flow, long-term appreciation, and low-maintenance ownership.

This stabilized apartment building consists of six residential units, including spacious 2-bedrooms and 1-bath residences. The third-floor units each feature private rooftop deck access, a highly desirable amenity that supports premium rents and strong tenant retention.

Purpose-built for efficient ownership, this new construction multifamily property features modern building systems, energy-efficient mechanicals, updated infrastructure, contemporary finishes, in-unit washer and dryers, smart entry systems, and minimal near-term capital expenditure needs, making it an ideal hands-off investment for buy-and-hold investors, 1031 exchange buyers, and portfolio expansion.

A major value driver is the approved 10-year tax abatement, keeping annual real estate taxes exceptionally low and significantly enhancing net operating income and investor returns. Combined with the benefits of new construction, this creates a highly attractive, low-expense, low-maintenance investment profile.

Just half a block from 49th Street Station, this property offers unbeatable access to the Market-Frankford Line, multiple SEPTA routes, the 64 line, and the T3 line-providing seamless connectivity to University City, Center City, University of Pennsylvania, Drexel University, Children's Hospital of Philadelphia, and other major employment centers.

This highly desirable transit-oriented location drives strong and reliable rental demand from students, medical professionals, university employees, and local workforce tenants alike. West Philadelphia continues to see significant redevelopment and steady housing demand, with rental rates showing consistent year-over-year growth.

Positioned near major institutions and transit corridors, this asset is well suited for long-term appreciation, stable occupancy, and continued income growth. A rare opportunity to acquire a fully leased, new construction multifamily investment with immediate cash flow, low taxes, and strong upside in one of Philadelphia's fastest-growing neighborhoods.

Key Features

  • Built in 2025
  • 0.03 acre lot

Property Details

2025

Amenities

A/C

Monthly Cost Estimate

$6,819/mo

20% down · 6.5% · 30 years

Principal$922
Interest$5,525
Insurance$372

Estimates only. Actual payments may vary.

Location

4921 CHESTER Avenue

PHILADELPHIA, PA 19143

WEST PHILADELPHIA

Property Details

Construction

Brick Combination Concrete

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom other at 4921 CHESTER Avenue is listed at $1,275,000. The estimated monthly payment is $5,525 based on 20% down at 6.5% interest.

Key features include: Built in 2025, 0.03 acre lot.

This property is listed by Dava Costello and can be reached at 2673041771 or dava@ocfrealty.com.

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Dava Costello

Agent at OCF Realty LLC - Philadelphia

(267) 304-1771

Listed by OCF Realty LLC - Philadelphia

MLS# PAPH2608764· Source: listhub· Updated 2 days ago

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4921 CHESTER Avenue, PHILADELPHIA, PA 19143

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