$1,399,000

Property Description

This grand Victorian 4-unit property blends historic West Philadelphia character with designer-level finishes that are hard to find at this price point. Featuring exposed brick, restored original hardwood floors, oversized windows, custom kitchens, bold designer bathrooms, and dramatic architectural details throughout, this is the kind of property that immediately stands out from the typical multi-family inventory. Generating approximately $7,948/month in rental income, the property offers a compelling opportunity for an owner-occupant seeking luxury living with substantial income offset potential. Several leases also provide flexibility for future planning while maintaining strong current cash flow. The building offers an ideal setup for a buyer looking to enjoy one of the units while benefiting from additional income from the remaining apartments. Each residence has its own unique charm, with thoughtfully updated kitchens, stylish cabinetry, stone countertops, vintage-inspired baths, and abundant natural light throughout. From the dramatic vestibule entry to the soaring ceilings, exposed brick, and restored woodwork, the craftsmanship and character are immediately evident. The mix of modern updates and preserved original details creates a warm, luxury aesthetic rarely found in multi-family properties. Located just minutes from University City, Clark Park, Cedar Park, Baltimore Avenue restaurants, trolley access, CHOP, Penn, and Drexel, this is an exceptional opportunity for both lifestyle and long-term investment potential. Whether you're looking to secure a standout income-producing asset, enjoy luxury city living with supplemental income, or add a trophy property to your portfolio, 815 S 49th St delivers a rare combination of scale, design, location, and cash flow.

Property Facts & Features

Property Type

Multi Family

Status

Active

Listed

May 19, 2026

Price per Sq Ft

$435/sqft

ZIP Code

19143

Parking

On Street

Heating

Radiator

Cooling

Central A/C, Window Unit(S)

Construction

Masonry

Property Tax (2026)

$5,694/yr

Assessed Value

$759,000

Last Sold

$272,500 · Feb 1, 2012

Neighborhood

Cedar Park

County

Philadelphia

School District

The School District of Philadelphia

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 39.94715 · Lng -75.21969