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$965,000
4,640
square ft

4520 Spruce Street
PHILADELPHIA, Pennsylvania 19139

Price Change / MLS #PAPH2519796 / Commercial / Mixed Use / PHILADELPHIA
Listing information updated 12/8/2025 at 1:41pm
Rare opportunity to acquire an established portfolio of 28 units (52 Beds) across four buildings in prime Powelton Village and Spruce Hill locations, walkable to both Drexel University and University of Pennsylvania. Stabilized, income-producing investment with value-add potential via light upgrades - proforma 7.3% cap rate. Portfolio price is $4,900,000 for all four buildings, or purchase separately. 4520 Spruce Street is a 6 unit building (6 x 1 bed units), offered at $965,000. Benefit from a strong tenant base derived from University of Pennsylvania's full-time student population of 23,948 (up 1.65% YOY), as well as 39,000+ individuals employed by University of Pennsylvania, and an overall population of more than 100,000 residents between the 19104 and 19139 zip codes. As the pipeline of multifamily deliveries in Philadelphia continues to dwindle, demand is expected to outpace supply, driving further rental growth in 2025-2026, presenting a unique opportunity for investors to acquire a high-quality, income-producing asset with significant long-term upside. Offering memorandum available upon request.
Lot Size:
4720.00 Square Feet
Acreage:
0.11
Built:
1925
Cooling System:
Window Unit(s)
Business Use:
Apartment Building
Zoning:
RTA1
Building Square Feet:
4,640
Tax Amount:
$8,075
Tax Year:
2024
Zip Code:
19139
City:
Philadelphia
County:
Philadelphia

Listing Office: Mallin Panchelli Nadel Realty Inc

Listing Office Phone: 215.413.4900

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4520 Spruce Street, Philadelphia, PA 19139 is a commercial / mixed use currently listed at $965,000. This commercial / mixed use has been listed on RLAH @properties since July 23rd, 2025 and was built in 1925.