3214-16 Frankford Ave, Philadelphia, PA 19134
Local realty services provided by:ERA Reed Realty, Inc.
3214-16 Frankford Ave,Philadelphia, PA 19134
$425,000
- 6 Beds
- - Baths
- 4,016 sq. ft.
- Multi-family
- Active
Listed by: eduard pronay
Office: anchor realty northeast
MLS#:PAPH2608548
Source:BRIGHTMLS
Price summary
- Price:$425,000
- Price per sq. ft.:$105.83
About this home
Mix-use building in a upcoming area! 8 residential units, 1 store front and 1 office. It is a prime value-add opportunity for investors seeking entry into Philadelphia’s growing multifamily and mixed-use market.
Located along the rapidly evolving Frankford Avenue corridor, this property offers strong potential for conversion into a mixed-use asset with ground-floor commercial and residential units above (buyer to verify zoning and permitted uses). The existing structure provides a blank canvas for redevelopment, allowing investors to design an income-producing property tailored to current market demand.
The surrounding area continues to see steady growth, with nearby development activity and increasing rental demand driving long-term appreciation. This location benefits from strong visibility, public transit access, and proximity to Fishtown, making it attractive to both residential tenants and small business operators.
Ideal for investors looking to execute a value-add strategy, create long-term cash flow, or establish a foothold in an emerging submarket.
Four units are rented, two more units are recently rehabbed and waiting for new tenants. Units are offering modern laminate flooring, fresh paint, separate kitchen with oak cabinets and plenty of storage....
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Home facts
- Year built:1915
- Listing ID #:PAPH2608548
- Added:71 day(s) ago
- Updated:June 26, 2026 at 01:38 PM
Rooms and interior
- Bedrooms:6
- Rooms Total:10
- Basement:Yes
- Basement Description:Full
- Living area:4,016 sq. ft.
Heating and cooling
- Heating:Hot Water, Natural Gas
Structure and exterior
- Year built:1915
- Building area:4,016 sq. ft.
- Lot area:0.07 Acres
- Architectural Style:Contemporary
- Construction Materials:Masonry
- Foundation Description:Brick/Mortar
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$425,000
- Price per sq. ft.:$105.83
- Tax amount:$8,776 (2025)
Parking
- Parking description:On Street
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