#PAPH2401242, Xiu yun Liu, Listing Office: Wynn Real Estate LLC
2228 Frankford Ave Philadelphia, PA 19125
Property details
About 2228 Frankford Ave
Don’t miss this rare opportunity to own a fully occupied, income-producing mixed-use triplex in the heart of Fishtown—one of Philadelphia’s most dynamic and desirable neighborhoods. This versatile property features two updated residential units and a prime ground-floor commercial space, offering a diverse and stable revenue stream from day one. The two residential units are thoughtfully designed with modern finishes, hardwood floors, and plenty of natural light—making them ideal rentals for tenants who want to be steps from Fishtown’s thriving scene of restaurants, coffee shops, and boutiques. The commercial storefront offers high visibility, strong foot traffic, and flexible usability for a variety of businesses, from retail to office or studio space. With large display windows and a welcoming entrance, it’s an ideal setup for any entrepreneur looking to tap into the energy of the neighborhood. This property is not only turn-key, but it's also a strategic long-term hold. Fishtown’s continued growth and popularity among young professionals, creatives, and families make this an excellent opportunity for investors looking to add a high-performing asset to their portfolio. The property's close proximity to public transportation and major roadways adds even more appeal for tenants and customers alike. All three units are currently leased, providing immediate cash flow. Whether you're expanding your investment portfolio or looking for a prime location for your business, this mixed-use property offers the perfect balance of functionality, visibility, and future potential. Showings are by appointment only—please do not enter the commercial space unless you’re a patron of the business. Contact the listing agent for lease terms and rent roll details.
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2473246
- MLS Name: BRIGHT
- Office Name: BHHS Fox & Roach The Harper at Rittenhouse Square
- Office Phone: (215) 546-0550
- Listing Agent: Reid J Rosenthal
- Agent Phone: (215) 546-0550
- Agent Email: reid.rosenthal@foxroach.com
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Last updated on: 4/23/2025, 3:21:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$719,900
2228 Frankford Ave
$8,549
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $518,700 | $1,451 |
2022 | $103,700 | $1,383 |
2021 | $- | $1,383 |
2020 | $494,000 | $1,383 |
2019 | $489,200 | $1,369 |
History based on county public records data.
Nearby schools
7
Horatio B. Hackett School
Public District KG-5
0.1 mi
•2161 E York St
6
John Moffet Elementary School
Public District KG-5
0.5 mi
•127 W Oxford St
1
Isaac A. Sheppard Elementary School
Public District KG-4
0.9 mi
•120 W Cambria St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,154. Most Philadelphia, PA residents have annual incomes less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
This home is located at 2228 Frankford Ave in Philadelphia, PA and zip code 19125 in the Bridesburg / Kensington / Richmond neighborhood. This 2,376 square foot home, which was built in 2017, sits on a 0.02 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $719,900.
While more than 174 listings in Philadelphia, PA in March 2025 were sold above asking price, there were more than 171 listings sold at asking price, and more than 344 were sold below. The number of listings in Philadelphia, PA increased by 29.2% between February and March 2025. In March 2025, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $269,412.