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$2,375,000

Listing Price

6beds

--baths

3,876sqft

1,615sqft lot

4123 Westminster Ave, Philadelphia, PA 19104

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Condo / Townhome

Home type

612.75

Price / sqft

2023

Year built

Home Details

412327 Westminster Avenue, a 12-unit multifamily investment located in West Philadelphia. The asset consists of a balanced mix of six 1-bedroom units and six 2-bedroom units, averaging approximately 750 square feet per unit, offering an efficient and highly marketable unit mix that appeals to a broad tenant base.nnThe unit mix caters to a broad tenant base, including students, young professionals, and roommate-style renters, resulting in strong leasing demand and operational stability. The asset benefits from a straightforward layout, consistent unit configuration, and efficient property management. The property is in year 1 of the full 10-year tax abatement.nnAt the asking price of $2,375,000, the asset delivers an inplace Net Operating Income of approximately $168,566, equating to a 7.10% cap rate, with the ability to achieve a stabilized NOI of approximately $185,250 (7.80% cap) through mark-to-market leasing.nnInvestment Highlightsn*12-Unit Multifamily Assetn*7.10% In-Place Cap Raten*7.80% Stabilized Cap Raten*Average Unit Size: 750 SFn*Below-Market Rents with Immediate Upsiden*Total Rentable SF: 9,000 SFn*Average Rent: $1,562 vs. $1,691 Marketn*10-year Tax Abatementn*In-Place NOI: $168,566n*Stabilized NOI: $185,250n*Strong In-Place Cash Flow with Value-Add Potential

Interior Details

Square Feet
  • 3876

Bedrooms
  • 6

Bathrooms
  • N/A

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Yes

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 1615

Water
  • No

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 3

Style
  • Modern

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$121

$8,700

$0

--%

$8,700

2019

$121

$8,700

$0

--%

$8,700

2018

$121

$8,700

$0

--%

$8,700

2017

$121

$8,700

$0

--%

$8,700

2016

$90

$6,500

$0

--%

$6,500

2014

$87

$6,500

$0

--%

$6,500

2013

$34

$352

$0

--%

$352

percent-home-icon

Average Home Price in 19104

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$--

6 Beds

-- Baths

3,876 Sqft

1,615 Lot (sqft)

Sold 10/02/2026

$--

6 Beds

-- Baths

3,876 Sqft

1,615 Lot (sqft)

Sold 10/02/2026

$458,071

5 Beds

3 Baths

3,921 Sqft

1,609 Lot (sqft)

Sold 06/11/2026

$2,375,000

6 Beds

-- Baths

3,876 Sqft

1,615 Lot (sqft)

Sold 10/05/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
2,375,000
$
Down payment
475,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
14,250
$
HOA (Monthly)
0
$
PMI
0
$
$15,374
Your Payment
Total Monthly Payment:$15,374
Percent of Income:264%
Affordable:No

Details for 4123 WESTMINSTER AVE

Property Debt

Foreclosure Contact Details