About 4013 Dungan St
We are pleased to present an exclusive opportunity to acquire a stabilized, income-producing portfolio consisting of 41 scattered-site single-family rentals located across key submarkets of North and West Philadelphia. The portfolio is 100% leased (40 private-pay / 1 PHA) with long-term tenants in place (average lease term of > 5.6 years), and has undergone significant renovation work within the last 5-10 years, offering durable in-place cash flow and strong occupancy history. While each home varies slightly in configuration and style, the majority feature modernized mechanicals, updated kitchens and baths, and efficient layouts tailored to working-class tenant demand. Despite its stabilized performance, rents across the portfolio remain below market averages, positioning the portfolio for strong NOI growth through targeted unit turnover and operational optimization. The properties all have long-term active rental licenses, no violations, and are certified lead safe (37) or lead free (4). This portfolio offers a rare blend of current cash flow and strategic upside in a high-demand rental corridor within Philadelphia’s path of growth. Ideal for local or institutional investors seeking scale in an urban SFR market with tangible long term appreciation potential.
