Schedule Tour
$1,000,000

4215 Salem St

Philadelphia, PA
ACTIVE-BRIGHT
13
Bedrooms
11
Bathrooms
6,979
Square Feet
0.22
Lot Size (acres)
1925
Year Built
39
Days On Market

11-UNIT MULTIFAMILY PORTFOLIO | Philadelphia, Pennsylvania Asking Price $1,000,000 Investment Highlights ● 4 residential properties ● Portfolio includes: ● 4215 Salem St: 4 Units, All 1 BR/1 BA ● 4219 Salem St: 3 BR/1 BA Single Family Rowhome ● 4221 Salem St: 4 Units, All 1 BR/1 BA ● 4223 Salem St: 2 Units, Both 1 BR/1 BA. Convenient access to public transportationl, shopping, restaurants, schools, and major roads ● Strong rental demand with excellent long-term investment potential Financial Summary Gross Annual Income: $130,800 Annual Operating Expenses: Approximately $26,343 Net Operating Income (NOI): Approximately $104,457 Asking Price: $1,000,000 Estimated NOI Yield: 10.45%. Gross Rental Yield 13.08%. Investment Opportunity This is a rare opportunity to acquire a well-maintained, income-producing multifamily portfolio in one of Philadelphia’s most desirable rental markets. The properties offer stable cash flow, low operating expenses, and upside potential through future rental growth. Whether you’re expanding an existing portfolio or completing a 1031 exchange, this asset presents an attractive investment opportunity. Closing Seller is seeking a fast closing. Qualified buyers are encouraged to provide proof of funds or financing pre-approval prior to scheduling property tours. For additional information, including the rent roll, operating statements, or to arrange a private showing, please contact the listing agent. Investment highlights 11 Total Residential Units Strong rental demand in 19124 Value-add opportunity Adjacent lot included with 4215 Salem St Ideal portfolio for cash flow investors Prime location close to public transportation, major roads, shopping, and local amenities.

Listing Information

Listing Updated
9 days ago
Listed By
Zhan Su, 6105740988 · Longlong Zhan Real Estate Investment, 6105740988
MLS#
PAPH2671322
Source
Bright
Status
ACTIVE-BRIGHT

Facts & Features

Location

Community Information

Address
4215 Salem St, Philadelphia, PA 19124
City
Philadelphia
County
Philadelphia
Neighborhood
PHILADELPHIA
Zip Code
19124

Architecture

Bedrooms
13
Bathrooms
11
Year Built
1925
Style
Traditional
Building Area
6,979 sq. ft.
Levels
Two
Garage Spaces
0
Parking Features
Off Street

Features & Amenities

Appliances
Gas Water Heater
Cooling
Electric, Window Unit(s)
Heating
Electric, Radiant

Property Features

Lot Size
0.22 Acres
Water
Public
Sewer
Public Sewer

Square Footage

Above Grade
6,979 sq. ft.
Total
6,979 sq. ft.

Tax & Financial Information

List Price
$1,000,000
Annual Taxes
$2,383

Schools

99/100
Mariana Bracetti Academy Charter School
7th & Above · Grades KG–12 · 0.3 mi
City
Philadelphia
Students
1,217
Student body
78% Hispanic / Latino · 15% Black · 4% Two or More Races
Free/reduced lunch
100%
Phone
(215) 291-4436
98/100
Maritime Academy Charter School
7th & Above · Grades KG–12 · 1.2 mi
City
Philadelphia
Students
825
Parent reviews
5.0★ avg · 2 reviews
Student body
39% White · 27% Black · 27% Hispanic / Latino
Free/reduced lunch
69%
Phone
(215) 535-4555
93/100
Harding Warren G Middle School
Middle · Grades 06–08 · 0.8 mi
City
Philadelphia
Students
768
Student body
59% Black · 27% Hispanic / Latino · 7% White
Free/reduced lunch
100%
Phone
(215) 400-3990
72/100
Northwood Academy Charter School
Elementary · Grades KG–08 · 0.9 mi
City
Philadelphia
Students
785
Parent reviews
5.0★ avg · 4 reviews
Student body
67% Black · 22% Hispanic / Latino · 6% White
Free/reduced lunch
99%
Phone
(215) 289-5606
72/100
Mastery Cs-Smedley Campus
Elementary · Grades KG–06 · 1.1 mi
City
Philadelphia
Students
776
Parent reviews
5.0★ avg · 2 reviews
Student body
62% Black · 31% Hispanic / Latino · 4% Two or More Races
Free/reduced lunch
100%
Phone
(215) 537-2525
54/100
Franklin Towne Charter Elementary School
Elementary · Grades KG–08 · 1.2 mi
City
Philadelphia
Students
948
Parent reviews
3.0★ avg · 4 reviews
Student body
82% White · 9% Hispanic / Latino · 5% Black
Free/reduced lunch
54%
Phone
(215) 289-3389
53/100
Deep Roots Charter School
Elementary · Grades KG–07 · 1 mi
City
Philadelphia
Students
324
Student body
43% Black · 41% Hispanic / Latino · 13% White
Phone
(267) 399-3727
53/100
The Philadelphia Charter School for Arts and Sciences at HR Edmunds
Elementary · Grades KG–08 · 1.1 mi
City
Philadelphia
Students
985
Student body
49% Black · 39% Hispanic / Latino · 9% Two or More Races
Free/reduced lunch
87%
Phone
(215) 537-2520

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/16/2026Listed for sale$1,000,000

Listed by Zhan Su · Longlong Zhan Real Estate Investment · 6105740988

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Bright. All rights reserved.

Last Updated: October 16, 2026 at 12:02 AM | Source: Bright | MLS#: PAPH2671322

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