Turnkey Investment Property in Cedar Park/University City
24 March, 2026- 4071 Sq Ft
- Unfurnish
- NoMortgage
$1,325,000
Investment Property in West Philadelphia – 6 Unit Multifamily in Cedar Park
This investment property in the Cedar Park/ Cobbs Creeks neighborhoods of West Philadelphia presents a rare opportunity to acquire a fully renovated, six-unit multifamily asset in the heart of Cedar Park — one of the city’s most active and rapidly evolving residential neighborhoods.
Delivered completely vacant, 5354 Cedar Avenue allows investors to establish a custom rent roll from day one, offering full control over tenant selection, lease structure, and income optimization. This level of operational flexibility is ideal for both value-add investors and those seeking long-term stabilized returns in a high-demand rental market.
Why This Investment Property in West Philadelphia Stands Out
The property features a well-balanced unit mix designed to appeal to a broad tenant base, including two expansive three-bedroom, two-bath units with private rear yard access, three thoughtfully designed two-bedroom units, and one efficient one-bedroom unit. First-floor residences benefit from additional lower-level living space and exclusive outdoor areas, creating a natural hierarchy of unit desirability.
All interiors have been fully modernized with a consistent, high-quality finish package. Units include hardwood flooring, recessed LED lighting, contemporary kitchens with shaker cabinetry, granite countertops, and stainless steel appliances, along with fully renovated bathrooms featuring modern tile and fixtures. Each residence is equipped with in-unit laundry and its own HVAC system, significantly enhancing tenant appeal and operational efficiency.
From a systems standpoint, the building is fully electric and individually metered, minimizing landlord expense exposure and simplifying management. The property is also equipped with a full sprinkler system and central fire alarm system, providing added safety and compliance benefits. A covered front porch and clean exterior presentation contribute to strong curb appeal.
Located just minutes from University City, this investment property in West Philadelphia benefits from proximity to major institutions including the University of Pennsylvania, Drexel University, and leading healthcare employers. Cedar Park continues to see strong rental demand driven by its walkability, neighborhood character, and access to transit and retail corridors.
This offering represents a compelling combination of location, condition, and income potential in one of Philadelphia’s most sought-after rental submarkets.
Comprehensive rent comparables, projected income, and a full offering memorandum are available upon request.
