4037 Powelton Avenue Philadelphia, PA $ 1,599,000
4037 Powelton Avenue
$ 1,599,000
Recently Listed New Construction
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4037 Powelton Avenue

Philadelphia, PA, 19104
$ 1,599,000
Bedrooms9 Baths0.0

Monthly Estimate*

$ 10,096

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Multi-Family Home for sale in Philadelphia, PA

for $1,599,000 with 9 bedrooms. This home was built in 2022 on a lot size of 0.04.

Welcome to Lotus at 4037 Powelton Avenue, an architecturally distinctive four-unit multifamily investment opportunity in the heart of University City. Inspired by Japandi design, a harmonious blend of Japanese warmth through organic materials and natural textures with the clean lines and minimalist functionality of Scandinavian living, Lotus offers a living experience unlike anything else in the neighborhood. Built in 2022 and benefiting from approximately seven years remaining on Philadelphia's FULL tax abatement, this turnkey asset combines exceptional design, low-maintenance ownership, and immediate cash flow, making it a stable and turnkey standout investment opportunity in one of Philadelphia's most desirable rental markets. The property consists of four thoughtfully designed residences, all consisting of spacious 3-bedroom, 2-bathroom units. Fully leased and currently generating $11,132 per month in rental income, the property provides investors with stable, in-place income from day one while offering exceptional long-term appreciation potential in one of Philadelphia's strongest rental markets. Every detail throughout Lotus was intentionally curated to create a sophisticated yet inviting atmosphere. Rather than following the standard luxury apartment formula, the building embraces timeless design principles that appeal to discerning residents seeking something truly unique. Gourmet kitchens feature quartz countertops, sleek contemporary cabinetry, stainless steel appliances, and generous prep space, while spa-inspired bathrooms showcase refined finishes that elevate the everyday living experience. Each residence is further enhanced by central HVAC, in-unit washer and dryer, dishwasher, smart entry systems, intercom access, customizable dimmable lighting, and premium designer finishes, delivering both comfort and convenience while supporting premium rents and attracting high-quality long-term tenants. University City continues to be one of Philadelphia's most resilient and sought-after rental markets, fueled by consistent demand from graduate students, physicians, researchers, professors, healthcare professionals, and young professionals. Lotus is ideally positioned just moments from The University of Pennsylvania, Drexel University, Children's Hospital of Philadelphia (CHOP), the Hospital of the University of Pennsylvania (HUP), and Penn Presbyterian Medical Center, placing residents at the center of one of the nation's leading educational and medical districts. The property also offers convenient access to Lancaster Avenue's restaurants, neighborhood cafs, local shopping, Clark Park, public transportation, and Center City Philadelphia, making it an ideal location for both work and everyday living. Whether you're expanding a real estate portfolio, completing a 1031 exchange, or seeking a high-performing multifamily asset in one of Philadelphia's premier investment corridors, 4037 Powelton Avenue presents a rare opportunity to acquire a stabilized, income-producing property with modern construction, approximately seven years of remaining tax abatement, exceptional design, immediate stabilized cash flow, and exceptional long-term investment fundamentals in the heart of University City.

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Multi-Family Active

Price

$ 1,599,000

Bedrooms

9

Property Type

Multi-Family

Taxes

$ 2,239

Style

Traditional

Lot Size

0.04

Year Built

2022

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2648870

Features
General
Living Area 3708
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession Immediate
Roof Flat
Appliances Dishwasher Dryer Dryer - Electric Dryer - Front Loading Water Heater Washer/Dryer Stacked Washer/Dryer Hookups Only Washer - Front Loading Washer Stove Stainless Steel Appliances Refrigerator Oven/Ra
Zoning RM1
Patio/Porch Features Porch(es) Deck(s) Balcony Terrace
Architectural Style Traditional
Security Features Intercom Exterior Cameras Carbon Monoxide Detector(s) Sprinkler System - Indoor
Construction Materials Masonry
School District PHILADELPHIA CITY
Year Built 2022
Electric 200+ Amp Service
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility 36 + wide Halls
County PHILADELPHIA
New Construction Y
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Between Budd St and N Preston St via Google Maps
City PHILADELPHIA
Disclosures None
Number Of Units Total 1
MLS Area 19104 (19104)
Lot Size Units Square Feet
Lot Size Square Feet 1647.00
Tax Annual Amount 2239.0
Property Condition Excellent
Two Bedroom 1
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 431.23
Acceptable Financing Cash Conventional
Construction Completed Y/N Y
Vacation Rental Y/N N
Virtual Tour https://youtu.be/dIGn1kxx8NE
Standard Status Active
Year Built Source Assessor
Tax Lot 78
Total Actual Rent 133587.00
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Interior
Interior Amenities Bathroom - Walk-In Shower Recessed Lighting Upgraded Countertops Sprinkler System Kitchen - Efficiency Intercom Efficiency Combination Kitchen/Living
Heating Fuel Natural Gas
Hot Water Electric
Total Stories 3
Heating Y/N Y
Window Features ENERGY STAR Qualified
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Exterior Amenities Flood Lights Exterior Lighting
Pool No Pool
Water Source Public
Type of Parking None
Foundation Details Slab
Water View Y/N N
Lot Dimensions 18.00 x 92.00
Lot Size Acres 0.04
Lot Size Source Assessor
Waterfront Y/N N
Door Features ENERGY STAR Qualified Door(s)
Land Assessed Value 160000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 4037
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* Excluded Features
List By
Compass Pennsylvania, Llc

Broker

reda.akbil@compass.com

Email

Affordability Calculator

$10,283
Per Month
98%
2%
0%
Monthly Principal & Interest
$10,096
Monthly Property Taxes
$187
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4835660 Elementary School
4835659 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/31/2026$1,599,000 Listed Price

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4037 Powelton Avenue, Philadelphia, PA, 19104 is a Multi-Family Home for sale at $1,599,000 with a lot size of 0.04. 4037 Powelton Avenue has 9 bedrooms, 0.0 baths, and was built in 2022. The property's zip code is 19104 which is in Philadelphia, PA