4107 W GIRARD AVE, Philadelphia, PA 19104
4107 W GIRARD AVE, Philadelphia, PA 19104
4107 W GIRARD AVE, Philadelphia, PA 19104
4107 W GIRARD AVE, Philadelphia, PA 19104
4107 W GIRARD AVE, Philadelphia, PA 19104
4107 W GIRARD AVE, Philadelphia, PA 19104
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Listed by Mr. Saam Tashayyod • Trophy Commercial Real Estate LLC
Bought with Saam Tashayyod • Trophy Commercial Real Estate LLC

$800,000

$800,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

1,988 Sqft Lot


SOLD DATE : 10/31/2026

Key Details

Sold Price $800,000

Property Type Multi-Family

Sub Type Other

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PAPH2640542

Sold Date 10/31/26

Style Other

Year Built 2022

Annual Tax Amount $1,226

Tax Year 2024

Lot Size 1,988 Sqft

Acres 0.05

Lot Dimensions 18.00 x 112.00

Property Sub-Type Other

Source BRIGHT

Property Description

We are pleased to present 4107 W Girard Avenue, a 5-unit multifamily investment opportunity located along the rapidly improving Girard Avenue corridor in West Philadelphia. The property totals approximately 4,568 rentable square feet and features five spacious one-bedroom apartments averaging approximately 914 square feet per unit.

The asset is currently stabilized and generates strong in-place cash flow, providing investors with immediate yield and a straightforward operational profile. The property's larger-than-average unit sizes differentiate it from competing multifamily inventory within the surrounding submarket, supporting strong tenant demand and long-term occupancy stability.

Current rents average approximately $1,450 per unit, while projected market rents are approximately $1,520 per unit, creating a clear mark-to-market opportunity through natural lease turnover. The combination of stable operations and embedded rental upside provides investors with a practical path to NOI growth without requiring significant capital expenditures.

Located along the Girard Avenue corridor, the property benefits from strong connectivity to University City, Center City, Fairmount Park, and major employment centers throughout Philadelphia. Continued investment and neighborhood improvement throughout the surrounding area have supported consistent rental demand and long-term appreciation potential.

Investment Highlights
5-Unit Multifamily Investment Opportunity
Approximately 4,568 Rentable Square Feet
Average Unit Size of 914 SF
Stabilized In-Place Cash Flow
Current NOI of Approximately $61,566
7.70% Going-In Cap Rate
Demonstrated Mark-to-Market Opportunity with Approximately 5% Rental Upside
Attractive Basis at $160,000 Per Unit and $175 PSF
Large One-Bedroom Floorplans Supporting Durable Tenant Demand
Convenient Access to University City, Center City, and Major Employment Hubs

Price: $800,000
Price/Unit: $160,000
Price/SF: $175.13
In-Place Cap Rate: 7.70%
Year 1 Cap Rate: 8.10%

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RSA5

Interior

Hot Water Electric, Other

Heating Other

Cooling Other

Fireplace N

Heat Source Other

Exterior

Water Access N

Accessibility Other

Garage N

Private Pool No

Building

Sewer Public Sewer, Private Sewer

Water Private, Private/Community Water

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 062177100

Ownership Fee Simple

Special Listing Condition Standard

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Bright MLS (BMLS)

NEARBY SCHOOLS & BUSINESSES

Hagan Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(866) 424-2601

info@haganrealty.com

20251 Century Blvd Suite 125, Germantown, MD 20874

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