813 S 49th St is a meticulously restored luxury triplex blending historic Philadelphia character with thoughtfully curated modern finishes in the heart of Cedar Park/University City. Currently generating $7,889/month in rental income, this turnkey property offers a rare combination of strong in-place cash flow, architectural character, and long-term upside in one of Philadelphia’s most sought-after rental corridors.
This one-of-a-kind property features exposed brick walls, restored wide plank hardwood flooring, soaring ceilings, oversized windows with incredible natural light, custom inset Omega cabinetry with soft-close doors and drawers, marble countertops, vented range hoods, Bosch dishwashers, unlacquered brass hardware, and designer kitchens and baths throughout.
Each residence offers a unique boutique-style feel rarely found in multifamily properties. Select units feature dramatic open layouts, exposed beams, loft-style living spaces, custom millwork, marble tile bathrooms, exposed thermostatic shower systems, and beautifully restored original details that blend seamlessly with modern upgrades.
Perfectly positioned just minutes from University City, Clark Park, UPenn, Drexel, CHOP, major hospitals, restaurants, coffee shops, parks, and public transportation, this property appeals to both investors and owner-occupants seeking luxury urban living with substantial rental income.
Whether you are looking for a turnkey luxury multifamily investment, a long-term appreciation play, or an opportunity to offset ownership costs with strong rental income, 813 S 49th St delivers a level of quality, location, and character that rarely becomes available in West Philadelphia.
Luxury multifamily opportunities with this level of restoration and architectural character are increasingly rare in Cedar Park. Contact listing agent for financials, rent roll, and private tour information.
The income description goes here to explain
| List Price | $1,499,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 3,213 |
| Number of Stories | 4 stories |
| Parking Spots | 0 spots |
| Year Built | 1900 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 461230910 |
| MLS # | PAPH2623796 |
| Property ID | 295129228 |
| Lot Sqft | 2,420 |
| Zoning | RSA3 |
| Total Units | 3 |
| Days on Market | 15 |
| Original List Price | Unknown |
| Date Updated | May 19, 2026 |
| Date Created | May 18, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $94,668 | $0 |
| Net Income (Yr) | $ 74,346 |
| Cap Rate | 4.96% |
Steve Burke Jr. an agent of . Lic #RS337988
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