3214-16 FRANKFORD AVE, Philadelphia, PA 19134
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3214-16 FRANKFORD AVE, Philadelphia, PA 19134
3214-16 FRANKFORD AVE, Philadelphia, PA 19134
3214-16 FRANKFORD AVE, Philadelphia, PA 19134
3214-16 FRANKFORD AVE, Philadelphia, PA 19134
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Listed by Ed Pronay • Anchor Realty Northeast
$ 425,000
Est. payment /mo
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Price Dropped by $25K

3214-16 FRANKFORD AVE Philadelphia, PA 19134

4,016 SqFt


UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 4,016 sqft

Price per Sqft $105

MLS Listing ID PAPH2608548

Style Contemporary

Abv Grd Liv Area 4,016

Year Built 1915

Annual Tax Amount $8,776

Tax Year 2025

Lot Size 2,944 Sqft

Acres 0.07

Lot Dimensions 32.00 x 92.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

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.

Location

State PA

County Philadelphia

Area 19134 (19134)

Zoning CMX2

Rooms

Basement Full

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 4016

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881042405

Ownership Fee Simple

SqFt Source 4016

Special Listing Condition Standard


Bright MLS (BMLS)

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3214-16 FRANKFORD AVE