1501-03 E Cheltenham Ave, Philadelphia, PA 19124
Local realty services provided by:ERA Central Realty Group
1501-03 E Cheltenham Ave,Philadelphia, PA 19124
$380,000
- 6 Beds
- 3 Baths
- 3,735 sq. ft.
- Townhouse
- Active
Listed by: leonard mogil
Office: anchor realty northeast
MLS#:PAPH2643474
Source:BRIGHTMLS
Price summary
- Price:$380,000
- Price per sq. ft.:$101.74
About this home
Attention all investors: the opportunity is knocking!
Attention all investors: the opportunity is knocking!
Do not miss this investment opportunity on the rather rare and spacious mixed-use Corner Property in a great location of the desirable Oxford circle, steps away from local shops, restaurants, and public transportation with easy access to Roosevelt Blvd, Bustleton and Frankford Avenues. This property offers a versatile combination of commercial and residential spaces for a great investment opportunity. It offers a prominent street-level presence with potential built-in signs you can put there at the entrance and its strategic corner location on the intersection of two well-known streets to enhance business exposure.
This property consists of 2 attached residential single-family homes, and a mixed-use unit located in the basement which can serve a multiple variety of business such as but not limited to store-front, office space, storage facility, etc. All three units feature their own separate entrances.
The 1501 E Cheltenham Ave: 2-leveled unit atop of a store-front commercial unit offers a straight-through main level with enclosed porch, Living room, Dining area and a kitchen, this unit’s second floor contains 3 bedrooms, a full hallway bathroom with ceramic tile flooring. The home features wall to wall carpets, and a neutral décor.
The other residential unit, 1503 E Cheltenham Ave, is pretty much similar to the first one, but there is a good-sized covered patio upfront, instead of the “1501’s” enclosed porch, followed by the entrance door into the property.
The former business space unit is rather large, open layout main room space with the secured gate entrance, plenty of shelving stands, wall shelves, counter spaces, enclosed space with the register and a vanity sink to compliment conducting of a business from this location. Also there are multiple storage rooms in the back with more shelving units and a powder room. The commercial space is centrally air-cooled for the convenience of customers.
Additionally, this property has a driveway in the back for the off-street parking.
NOTE: All these three units are sold together in one RE transaction and cannot be separated.
1501 E Cheltenham Ave: occupied on the month-to-month basis
1503 E Cheltenham Ave: still has a yearly Lease until 03/31/27
Mixed-use basement is vacant
The residential units are still occupied with nice, good-paying tenant that are current on their rents. This property is being sold AS-IS, WHERE-IS with the existing Residential Leases being transferred to the Buyer at the Settlement. It requires some love and updating but has lots of great potential. The mixed-use basement still has all the shelving units and equipment that for the right price can be negotiated to be included in the Sale. The Price is firm, but very reasonable for a quick sale. Lowball offers would not be accepted nor considered....
Contact an agent
Home facts
- Year built:1945
- Subdivision & Development:OXFORD CIRCLE
- Listing ID #:PAPH2643474
- Added:47 day(s) ago
- Updated:August 18, 2026 at 01:52 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Basement:Yes
- Basement Description:Full, Outside Entrance
- Living area:3,735 sq. ft.
Heating and cooling
- Heating:Natural Gas, Radiator
Structure and exterior
- Year built:1945
- Building area:3,735 sq. ft.
- Lot area:0.06 Acres
- Architectural Style:Bi-level, Side-by-Side, Straight Thru
- Construction Materials:Masonry
- Foundation Description:Slab
- Levels:2 Stories
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$380,000
- Price per sq. ft.:$101.74
- Tax amount:$4,220 (2025)
Parking
- Parking description:On Street
New listings near 1501-03 E Cheltenham Ave
- New
$230,000Active3 beds 1 baths1,300 sq. ft.6035 Cedarhurst St, PHILADELPHIA, PA 19143
MLS# PAPH2660556Listed by: KW EMPOWER - Open Sun, 12 to 2pmNew
$329,900Active3 beds 2 baths1,368 sq. ft.3622 Genesee Dr, PHILADELPHIA, PA 19154
MLS# PAPH2660880Listed by: REAL/PRO REAL ESTATE LLC - Coming Soon
$299,000Coming Soon4 beds 3 baths1034 E Slocum St, PHILADELPHIA, PA 19150
MLS# PAPH2654894Listed by: KELLER WILLIAMS REALTY GROUP - Coming Soon
$369,900Coming Soon4 beds 3 baths2715 Mower St, PHILADELPHIA, PA 19152
MLS# PAPH2660420Listed by: 20/20 REAL ESTATE - BENSALEM - New
$149,950Active3 beds 2 baths1,110 sq. ft.5353 Delancey St, PHILADELPHIA, PA 19143
MLS# PAPH2660676Listed by: LERCH & ASSOCIATES REAL ESTATE - New
$299,900Active2 beds 2 baths1,008 sq. ft.2340-00 Mcclellan St, PHILADELPHIA, PA 19145
MLS# PAPH2660752Listed by: ELITE REALTY GROUP UNL. INC. - New
$166,600Active2 beds 1 baths1,000 sq. ft.5419 Delancey St, PHILADELPHIA, PA 19143
MLS# PAPH2661008Listed by: HOWARD HANNA REAL ESTATE SERVICES - New
$219,900Active3 beds 1 baths1,152 sq. ft.6537 Walker St, PHILADELPHIA, PA 19135
MLS# PAPH2661004Listed by: HOME VISTA REALTY - New
$464,900Active3 beds 3 baths1,742 sq. ft.Address Withheld By Seller, PHILADELPHIA, PA 19125
MLS# PAPH2661006Listed by: TESLA REALTY GROUP, LLC 
$129,900Active2 beds 1 baths840 sq. ft.2213 Latona St, PHILADELPHIA, PA 19146
MLS# PAPH2655916Listed by: EXP REALTY, LLC
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
© 2023 - 2026 ERA Franchise Systems LLC. All rights reserved. ERA Franchise Systems LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. ERA, ERA Real Estate powered, and their respective logos are registered service marks of ERA Franchise Systems LLC. Each office is independently owned and operated.