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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.

Source: BRIGHT MLS, MLS#: PAPH2623796

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  • Property Type
    Residential Income

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 813 S 49TH STREET


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/19/2026Source: BRIGHT MLS Added to Database
May 19, 2026
12/3/2024Source: BRIGHT MLS Added to Database
August 12, 2021
Listing provided courtesy of Tesla Realty Group, LLC- MLS# PAPH2623796MLS ProviderContact Information: [email protected] - 8448375274