1 month on rocket

4418 Market St, Philadelphia, PA, 19104

$450,000

Home List Price

$5,344*

Closing Credit

0 Baths
1,280 SqFt
$352/SqFt
Multi
Schools Nearby

Location

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4418 Market St, Philadelphia$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Street
Year Built2005
HeatingHot Water
CoolingCeiling Fan(s)
MLS #PAPH2332058
Lot Size0.05 Acres
StatusActive
(ACTIVE)

About 4418 Market St

Welcome to your opportunity to own a prime slice of West Philadelphia real estate! This charming 2005 duplex is nestled in a coveted location, perfect for savvy investors or owner occupants looking to offset mortgage costs. With two separate UPDATED units, a 1 bedroom (great for an owner) and a 2 bedroom, this duplex offers versatility and income potential. Each unit features hard wood floors, newer appliance, ample sunlight and easy access to center city or the suburbs. The layout is designed for both comfort and functionality, providing an inviting space for residents. The property's prime location ensures easy access to an array of amenities, including shops, restaurants, parks, and public transportation options. Whether you're strolling through the vibrant streets of West Philly or commuting to downtown, convenience is at your doorstep. Investors will appreciate the opportunity for rental income in this highly sought-after area, while owner occupants can enjoy the benefits of living in one unit while renting out the other to help cover expenses. Rents for 1 bedrooms in the area easily clear $1300 and for 2 bedrooms $1800+ which puts the estimated cap rate at an attractive 7.5%+ There is also a MASSIVE apartment complex expected to be build on the corner a few doors down, which is sure to increase rents/rentability of the units. Don't miss out on this chance to own a piece of West Philadelphia's thriving real estate market. Schedule a viewing today and seize the opportunity to make this duplex your own!

Property Details

Property Features

Property Information:

  • Architectural Style: AirLite
  • Year Built: 2005
  • Living Area: 1,280 SqFt

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Jason Wittenstein

Interior Features

Interior Information:

  • Flooring Type: Hardwood

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • West Philadelphia High School, Public District Grades 9-12
  • Alain Locke Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: On Market next to Tire Shop

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $352/SqFt

Tax Information:

  • Annual Amount: $1,732
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$257.6K

Med. Price/SqFt

$195

Avg. Days On Market

54

# of Sold Homes

923

4418 Market St vs Philadelphia

42 DAYS ON ROCKET

-12 Days

$450,000

+$192.3K More

$352/SqFt

+$157 More

KEY TAKEAWAY

This property is $192.3K more than the Median Sold Price and $157/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2332058

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Jason Wittenstein

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 2:00:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 06, 2017Home Sold
$100,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,732 -
2019$1,667$119,100
2018$1,676$119,700
2017$5,090$363,600

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1092226
3
/10

  • Alain Locke Elementary School

  • 4550 Haverford Ave

  • 0.31 miles

  • Public District Grades KG-8

High School

school-card-donut-1092227
3
/10

  • West Philadelphia High School

  • 4901 Chestnut St

  • 0.49 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,960. Residents of Philadelphia, PA typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19104›4418 Market St

This home is located at 4418 Market St in Philadelphia, PA and zip code 19104 in the Spruce Hill neighborhood. This 1,280 square foot home, which was built in 2005, sits on a 0.05 acre lot. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $450,000.

In March 2024, from all listings sold in Philadelphia, PA there were more than 228 sold above asking price, over 481 sold below and more than 214 were sold right at the asked price. In March 2024 in Philadelphia, PA there were 4.6% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $257,610, while the average time on the real estate market was 54 days.

From Rocket Homes Real Estate and based on county public records data.

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