#PAPH2446990, Tara Christy, Listing office: BHHS Fox & Roach-Blue Bell
$330,000 List price
2981 Memphis St Philadelphia, PA 19134
1,978 sqft
0.04 acres
$167 / sqft
Multi-Family
Property details
About 2981 Memphis St
This well-maintained mixed-use property offers a unique opportunity for investors or business owners. Located on a corner lot, the property features a corner store/bodega on the ground floor, currently rented for $2,000/month. The upper unit features a 3-bedroom, 1-bath apartment with a kitchen, currently occupied by the owner of the corner store at a below-market rent of $500/month. The lease for the tenant in the store ends on June 30, 2025. The property is being sold "as-is" with no repairs to be made.
Highlights
Home typeDuplex
HeatingBaseboard, Forced Air
StatusActive
(ACTIVE)
(ACTIVE)
Size1,978 sqft
Lot size0.04 Acres
Year built1925
MLS #PAPH2481236
Summary
- Parking: None
- Architectural Style: Traditional
- Heating: Baseboard, Forced Air
- Cooling: None
- List Price: $330,000
- Price/SqFt: $166
- Annual Tax Amount: $2,876
- Tax Year: 2023
- Directions: GPD 2981 Memphis st. It's the corner store on the left hand side.
- Year Built: 1925
- Living Area: 1,978 SqFt
- Municipality: Philadelphia
- Lot Size: 0.04 Acres
- MLS Number: PAPH2481236
- MLS Name: BRIGHT
- Office Name: EXP Realty, LLC
- Office Phone: (888) 397-7352
- Office Email: pa.broker@exprealty.com
- Listing Agent: Darwin Laureano
- Agent Phone: (610) 973-9441
- Agent Email: darwin.laureano@exprealty.com
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: 7/23/2025, 4:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 16, 2006 | Home Sold | $19,900 |
| Feb 16, 2006 | Home Sold | $50,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $205,500 | $2,876 |
| 2022 | $205,500 | $1,963 |
| 2021 | $- | $1,963 |
| 2020 | $140,300 | $1,963 |
| 2019 | $139,000 | $1,945 |
| 2018 | $134,700 | $1,885 |
| 2017 | $171,300 | $2,397 |
History based on county public records data.
Nearby schools
3
Richmond Elementary School
Public District KG-5
0.2 mi
•2944 Belgrade St
3
Frances E. Willard School
Public District KG-4
0.5 mi
•2900 Emerald St
4
John H. Webster Elementary School
Public District KG-5
0.8 mi
•3400 Frankford Ave
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 $44,022. Most Philadelphia, PA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
36%
<35k
63%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
46%
Single, No Kids
24%
Single, with Kids
16%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
33%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Foot Locker
H&M
Burlington
Where do the neighbors go to eat?
Little Caesars
Popeyes
White Castle
What do the neighbors drive?
Dodge
Nissan
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2981 Memphis St
The listing price of 2981 Memphis St property is $330,000.
The property 2981 Memphis St is a multi located in Philadelphia, Pennsylvania, 19134.
Active Listing: 2981 Memphis St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2981 Memphis St are: Richmond Elementary School (GreatSchools Rating 3/10), Frances E. Willard School (GreatSchools Rating 3/10), John H. Webster Elementary School (GreatSchools Rating 4/10), Memphis Street Academy Charter at J.P. Jones (GreatSchools Rating 5/10), Conwell Russell Middle School (GreatSchools Rating 5/10), Amy at Martin (GreatSchools Rating 4/10), Mastbaum Jules E Avts (GreatSchools Rating 3/10), Kensington High School (GreatSchools Rating 4/10), Kensington Health Sciences Academy (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $2,876 (source: MLS/based on county public records data).
The last sale was on February 16, 2006 for $19,900 (source: MLS/tax record).
The property 2981 Memphis St is 1,978 SqFt (source: MLS/tax record).
The year of construction for 2981 Memphis St is 1925.
This home is located at 2981 Memphis St in Philadelphia, PA and zip code 19134 in the Bridesburg / Kensington / Richmond neighborhood. This 1,978 square foot home, which was built in 1925, sits on a 0.04 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 10, 2025 and is currently priced at $330,000.
The number of listings in Philadelphia, PA increased by 36.5% between May and June 2025. While the average time on the market in June 2025 was 90 days, the median list price was $292,873.
From Rocket Homes Real Estate and based on county public records data.