$780,000

2476 Frankford Ave Philadelphia, PA 19125

$9,263
Closing credit¹
2,691 sqft
0.03 acres
$290 / sqft
Multi-Family

Property details

About 2476 Frankford Ave

Located in the highly sought-after 19125 zip code of Fishtown, Philadelphia, this 3-unit residential property offers a prime investment opportunity. Currently cash-flowing with significant upside potential, it is perfectly positioned to attract graduate students and young professional renters due to the area's dramatic year-over-year rent increases and high demand. The building is comprised of (2) two-bed, two-bath units and (1) three-bed, two-bath bi-level unit. All units are currently rented and are on yearly leases. Unit one pays $1,950/month, unit two pays $1,300/month, and unit three pays $1,450/month. The tenants pay for all utilities, and each unit has its own separate meters and hot water heater. Additionally, each unit has its own washer and dryer. The property, built in 2013, features modern finishes with beautiful kitchens, gorgeous tiled bathrooms, and hardwood floors throughout. Each kitchen comes equipped with a built-in microwave, range, refrigerator, and a dishwasher for convenience. Buyer needs to do their own due diligence to verify the zoning. This property is a great opportunity for an investor looking to add to their rental portfolio in a neighborhood with extremely high demand and great potential for appreciation. Alternatively, this purchase could be used by someone looking to live in one unit and rent the others out to cover the mortgage and reduce living expenses. With a Walk Score of 92, daily errands can easily be completed without a car. The property has a Transit Score of 68, indicating good access to public transportation, and a Biking Score of 84, reflecting excellent biking infrastructure. Nearby dining options include Four Son's Pizza, Martha, Zig Zag BBQ, Thin & Crispy, and more. Educational institutions in the vicinity are Horatio B. Hackett School, Kensington High School, Kensington Culinary Arts, and Henry A. Brown School. For groceries, residents can shop at Quick Stop 1, Charles Jacquin Et Cie, Dans Fresh Meats, and Fine Fare Supermarket, among others. The property is located close to the York-Dauphin Station for the Market-Frankford Line stop, making commuting to center city a breeze. Nearby parks include Aramingo Square, Richmond Playground, and Palmer Park. This property is located in the heart of Fishtown, known for its vibrant community, diverse amenities, and proximity to downtown Philadelphia. The area is easily accessible, with attractions such as restaurants, cafes, entertainment venues, and public transportation nearby. Additional features include 3D tours in the media section for a detailed view of the property, and showings require a 24-hour notice. This property offers a unique opportunity to capitalize on Fishtown's expanding rental market, with the potential for substantial returns through higher rental income and property value appreciation. Call to schedule your visit today!

Highlights

Home typeTriplex
HeatingCentral
StatusActive
(ACTIVE)
CoolingCentral Air
Size2,691 sqft
Lot size0.03 Acres
Year built2013
MLS #PAPH2349956

Summary

  • MLS Number: PAPH2349956
  • MLS Name: BRIGHT
  • Office Name: RE/MAX @ HOME
  • Office Phone: (215) 607-3535
  • Office Email: thelistingteam@liveloveathome.com
  • Listing Agent: Maria Maria Quattrone Quattrone
  • Agent Phone: (215) 607-3523
  • Agent Email: thelistingteam@liveloveathome.com

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: 3/4/2025, 9:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior

$780,000

2476 Frankford Ave

$9,263

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

YearAssessmentProperty Tax
2023$825,000$11,548
2022$165,000$1,718
2021$-$1,718
2020$552,300$1,718
2019$512,500$1,594
2018$363,200$1,130
2017$363,200$1,130

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

0.8 mi

127 W Oxford St

1

Isaac A. Sheppard Elementary School

Public District KG-4

0.8 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 $22,154. The majority of Philadelphia, PA residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

69%
<35k
27%
35k-100k
2%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

60%
Single, No Kids
18%
Single, with Kids
13%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
7%
12-17 yrs old
36%
18-34 yrs old
36%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • White CastleWhite Castle
  • Boston MarketBoston Market

What do the neighbors drive?

  • NissanNissan
  • KiaKia
  • HondaHonda

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 2476 Frankford Ave in Philadelphia, PA and zip code 19125 in the Bridesburg / Kensington / Richmond neighborhood. This 2,691 square foot home, which was built in 2013, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $780,000.

While more than 154 listings in Philadelphia, PA in February 2025 were sold above asking price, there were more than 166 listings sold at asking price, and more than 396 were sold below. The number of listings in Philadelphia, PA increased by 10.7% between January and February 2025. While the average time on the market in February 2025 was 59 days, the median list price was $268,469.

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

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