$10,000

closing credit¹

2301 Frankford Ave Philadelphia, PA 19125

$1,582,000
5,600 sqft
0.06 acres
$283 / sqft
House

Property details

About 2301 Frankford Ave

$1M price reduction: "The Fishtown Portfolio" presents a rare investment opportunity to acquire three (3) best-in-class boutique mixed-used properties at a substantial discount to replacement cost in the most vibrant location in Philadelphia, Pennsylvania — FISHTOWN. Each building features an instantly recognizable address (Frankford Avenue and Girard Avenue) which insulate the properties and elevate the rentability factor for new ownership. 2301 Frankford = 6 apts + commercial. Signed lease for ground floor commercial (bar concept) — all apartments leased. 2001 Frankford = 8 apts + 2x commercial. Vacant ground floor commercial (to be built out once tenant's procured) — apartments in punchlist/lease up phase. 240 E Girard = 9 apts + 2x commercial. White box commercial space — apartments in lease up. These assets benefit from destination ground floor retail/commercial spaces with unrivaled street presence/exposure. Fishtown is known for its world-class culinary environment, in addition to its thriving retail, commercial and residential landscape swelling with positive demand. 28 total units are included within The Portfolio. 8.4% pro forma cap rate. 10 year tax abatement. Seize the rare opportunity to acquire trophy addresses in Philly's hottest submarket. ***PORTFOLIO SALE; 3 BUILDINGS ON OFFER (2301 FRANKFORD, 2001 FRANKFORD, 240 E GIRARD). USE SELLER'S PREFERRED TITLE COMPANY TO ENSURE SMOOTH SETTLEMENT PROCESS. TAXES, SF, FINANCIALS TO BE INDEPENDENTLY VERIFIED IN DUE DILIGENCE.

Highlights

Home typeOther
HeatingCentral
StatusActive
(ACTIVE)
CoolingCentral Air
Size5,600 sqft
BasementYes
Lot size0.06 Acres
Year builtNew Const., 2024
MLS #PAPH2421764
ViewCity

Summary

  • MLS Number: PAPH2421764
  • MLS Name: BRIGHT
  • Office Name: Keller Williams Liberty Place
  • Office Phone: (609) 399-5454
  • Office Email: klrw903@kw.com
  • Listing Agent: Ryan J McManus

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 4:57:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,582,000

2301 Frankford Ave

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Jul 12, 2017
Home Sold
$450,000

Tax history

YearAssessmentProperty Tax
2023$312,200$4,370
2022$312,200$4,163
2021$-$4,163
2020$297,400$4,163
2019$294,500$4,122
2018$277,900$3,890
2017$230,000$3,219

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

0.6 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,364. The majority of Philadelphia, PA residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

21%
<35k
65%
35k-100k
13%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

65%
Single, No Kids
10%
Single, with Kids
15%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
7%
12-17 yrs old
39%
18-34 yrs old
36%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • TennisTennis
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • IKEAIKEA
  • Crate & BarrelCrate & Barrel
  • H&MH&M

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • StarbucksStarbucks
  • ChipotleChipotle

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2301 Frankford Ave

This home is located at 2301 Frankford Ave in Philadelphia, PA and zip code 19125 in the Bridesburg / Kensington / Richmond neighborhood. This 5,600 square foot home, which was built in 2024, sits on a 0.06 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $1,582,000.

While more than 152 listings in Philadelphia, PA in January 2025 were sold above asking price, there were more than 186 listings sold at asking price, and more than 457 were sold below. The number of homes for sale in Philadelphia, PA increased by 3.5% between December and January 2025. While the average time on the market in January 2025 was 52 days, the median list price was $266,945.

From Rocket Homes Real Estate and based on county public records data.

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