Philadelphia, PA 19139 4520 Spruce Street

4520 Spruce Street Philadelphia, PA - Image 14520 Spruce Street Philadelphia, PA - Image 24520 Spruce Street Philadelphia, PA - Image 3
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Presented By: Select Commercial Advisors
  • MLS# PAPH2519796
  • 07/23/2025
  • Request Tour
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  • SQFT • 4,640

Home Details

Rare opportunity to acquire an established portfolio of 28 units (52 Beds) across four buildings in prime Powelton Village and Spruce Hill locations, walkable to both Drexel University and University of Pennsylvania. Stabilized, income-producing investment with value-add potential via light upgrades - proforma 7.3% cap rate. Portfolio price is $5,100,000 for all four buildings, or purchase separately. 4520 Spruce Street is a 6 unit building (6 x 1 bed units), offered at $1,000,000. Benefit from a strong tenant base derived from University of Pennsylvania's full-time student population of 23,948 (up 1.65% YOY), as well as 39,000+ individuals employed by University of Pennsylvania, and an overall population of more than 100,000 residents between the 19104 and 19139 zip codes. As the pipeline of multifamily deliveries in Philadelphia continues to dwindle, demand is expected to outpace supply, driving further rental growth in 2025-2026, presenting a unique opportunity for investors to acquire a high-quality, income-producing asset with significant long-term upside. Offering memorandum available upon request.
Presented By: Select Commercial Advisors

Interior Features for 4520 Spruce Street

Other Interior Features

Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 4520 Spruce Street

AccessibilityNone
Business TypeApartment Building
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingWindow Unit(s)
CountyPHILADELPHIA
DirectionsGoogle Maps
HeatingHot Water, Radiator
Lot Size Square Feet4720.00
Lot Size UnitsSquare Feet
MLS Area19139 (19139)
ModificationTimestamp2025-07-24T13:31:17
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total6
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG215.52
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameSPRUCE HILL
Tax Annual Amount8075.0
Tax Assessed Value576900.0
Tax Lot138
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1925
Year Built SourceAssessor
ZoningRTA1

Exterior for 4520 Spruce Street

Building Area Total4640.00
Car Parking Spaces
Land Assessed Value173070.00
Land Use CodeCA0
Lot Dimensions30.00 x 160.00
Lot Size Acres0.11
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $1,000,000
MLS#PAPH2519796
List Date 07/23/2025
Property Type Commercial
Phone 703.929.4729
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