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$1,599,000
11 Days On Site

4037 POWELTON AVENUE
PHILADELPHIA, PA 19104

For Sale|Quadruplex|Active
9
Beds
0
Total Baths
3,708
SqFt
$431
/SqFt
2022
Built
County:
PHILADELPHIA
Listing courtesy of Compass Pennsylvania, LLC

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4037 POWELTON AVENUE4037 POWELTON AVENUE4037 POWELTON AVENUE4037 POWELTON AVENUE
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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.

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Listing Snapshot
Price 
$1,599,000
Days On Site 
11 Days
Bedrooms 
9
Inside Area (SqFt) 
3,708 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.04 Acres
Year Built 
2022
MLS® Number 
PAPH2648870
Status 
Active
Property Tax 
$2,239
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.04
Foundation 
Slab
Number Of Stories 
3
Parking 
None
Property Condition 
New Construction
Property Sub Type 
Quadruplex
Security 
Carbon Monoxide Detector(s)Security Lights
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
3708
SqFt Total 
3708
Style 
Traditional
Water Source 
Public
Zoning 
RM1
Interior Features
Appliances 
OvenElectric RangeElectric OvenCooktopWasherElectric Water HeaterDishwasherDryerWater HeaterWasher/Dryer StackedStainless Steel Appliance(s)RefrigeratorMicrowaveENERGY STAR Qualified RefrigeratorENERGY STAR Qualified DishwasherENERGY STAR Qualified Appliances
Cooling 
Central AirElectric
Electric 
200+ Amp Service
Heating 
Natural GasForced Air
Interior 
Recessed LightingHigh Ceilings
Laundry Features 
Washer Hookup
Window Features 
ENERGY STAR Qualified Windows
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Exterior Features
Exterior 
BalconyLighting
Patio And Porch 
PorchDeckTerrace
Pool Features 
None
Roof 
Flat
Windows/Doors 
ENERGY STAR Qualified Windows
Community Features
Accessibility Features 
Accessible Hallway(s)
MLS Area 
19104 (19104)
School District 
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Compass Pennsylvania, LLC



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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