For Sale Multi-Family MLS# PAPH2648870

4037 POWELTON AVE

PHILADELPHIA, PA 19104

$1,599,000

brightmls-rsd logo

Take the tour

About 4037 POWELTON AVE

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 cafés, 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.

Property details

Property

Type
Quadruplex
MLS type
Multi Family Home
Status
Active
Year built
2022
Living area
3,708 sqft
Price / sqft
$431
Lot
0.04
Original price
$1,599,000
MLS #
PAPH2648870

Interior

Features
Central A/C, Bathroom - Walk-In Shower, Recessed Lighting, Upgraded Countertops, Sprinkler System, Kitchen - Efficiency, Intercom, Efficiency, Combination Kitchen/Living, true, 90% Forced Air, Natural Gas, Dishwasher, Dryer, Dryer - Electric, Dryer - Front Loading, WaterHeater, Washer/Dryer Stacked, Washer/Dryer Hookups Only, Washer - Front Loading, Washer, Stove, Stainless Steel Appliances, Refrigerator, Oven/Range - Electric, Oven - Self Cleaning, Microwave, Intercom, ENERGY STAR Refrigerator, ENERGY STAR Dishwasher, Energy Efficient Appliances, Dual Flush Toilets, 36"+ wide Halls
Appliances
Dishwasher, Dryer, Dryer - Electric, Dryer - Front Loading, WaterHeater, Washer/Dryer Stacked, Washer/Dryer Hookups Only, Washer - Front Loading, Washer, Stove, Stainless Steel Appliances, Refrigerator, Oven/Range - Electric, Oven - Self Cleaning, Microwave, Intercom, ENERGY STAR Refrigerator, ENERGY STAR Dishwasher, Energy Efficient Appliances, Dual Flush Toilets
Heating
true, 90% Forced Air
Cooling
Central A/C
Windows
Energystar qualified

Exterior & lot

Features
Traditional, Flood Lights, Exterior Lighting, Above Grade, Below Grade, Terrace, Porch, Balcony, Deck
Construction
Masonry, Slab, Flat, Energystar qualified
Roof
Flat
Foundation
Slab
Lot
RM1, 061019400
Patio & porch
Balcony, Deck, Porch, Terrace

Schools

District
Philadelphia City School District

Utilities

Utilities
Public Sewer, Public, 200 amp service
Water
Public
Sewer
Public Sewer
Security
Intercom, Exterior cameras, Carbon monoxide detectors, Sprinkler system indoor

Financial

Financial
BRIGHT_MAIN
Annual tax
$2,239
Tax year
2025
Parcel
061019400

Location

Area
19104 (19104)
County
PHILADELPHIA-PA
Neighborhood
West Powelton
Community
PHILADELPHIA-PA, BRIGHT_MAIN, PHILADELPHIA CITY
Directions
Between Budd St and N Preston St via Google Maps

Location

Neighborhood
West Powelton
School district
Philadelphia City School District

Ask about this property

Questions on 4037 POWELTON AVE, PHILADELPHIA, PA 19104, or want to see it in person?

Listed by Reda B Akbil, Compass Pennsylvania, LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.