$4,952

closing credit¹

3112 Frankford Ave Philadelphia, PA 19134

$417,000
2,730 sqft
0.04 acres
$153 / sqft
House

Property details

About 3112 Frankford Ave

Welcome to 3112 Frankford Ave, a fantastic investment opportunity in one of Philadelphia’s rapidly developing neighborhoods! This well-maintained, legally zoned 5-unit building offers a mix of 3 two-bedroom units and 2 one-bedroom unit, with a total projected rental income of $51,960 annually. Currently, 3 of the 5 units are occupied by reliable, paying tenants, providing immediate cash flow for a savvy investor or owner-occupant. Each unit has separate gas and electric meters, with the landlord covering the heating and water costs. Recent updates include newer refrigerators and stoves, a newer heating system, along with a certified fire alarm system for added safety. The property boasts a solid structure and a high basement ceiling, adding value and potential for future enhancements. All essential infrastructure, such as gas and electric meters and fire alarms, are in good condition, ensuring peace of mind for any buyer. This rare twin multi-family building is located near the vibrant Port Richmond and Fishtown neighborhoods, known for their dining, shopping, and cultural attractions. The property is also conveniently close to public transportation, I-95, and other local amenities. With a strong potential for appreciation and rental income in a changing area, this property is a rare find. Please note: the property is being sold in AS-IS condition, and a 48-hour notice is required for showings.

Highlights

Home typeOther
HeatingRadiant
StatusActive
(ACTIVE)
Size2,730 sqft
BasementYes
Lot size0.04 Acres
Year built1910
ParkingOn Street
MLS #PAPH2416312

Summary

  • MLS Number: PAPH2416312
  • MLS Name: BRIGHT
  • Office Name: Realty Mark Associates
  • Office Phone: (215) 376-4444
  • Office Email: bill@billmulhern.com
  • Listing Agent: Bei Ou

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: 1/22/2025, 11:55:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$417,000

3112 Frankford Ave

$4,952

closing credit¹

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Price information

Property sales

DateEventPrice
Jul 01, 2014
Home Sold
$205,000
Aug 10, 2005
Home Sold
$102,000

Tax history

YearAssessmentProperty Tax
2020$0$3,211
2019$228,900$3,204
2018$209,900$2,938
2017$195,000$2,729

History based on county public records data.

Nearby schools

3

Frances E. Willard School

Public District KG-4

0.2 mi

2900 Emerald St

4

John H. Webster Elementary School

Public District KG-5

0.5 mi

3400 Frankford Ave

2

Philip H. Sheridan Elementary School

Public District KG-4

0.5 mi

800 E Ontario 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 $21,568. The majority of Philadelphia, PA residents have income less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

73%
<35k
15%
35k-100k
12%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

50%
Single, No Kids
33%
Single, with Kids
8%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
9%
12-17 yrs old
29%
18-34 yrs old
35%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • NissanNissan

What do the neighbors listen to?

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

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Frequently asked questions

About 3112 Frankford Ave

This home is located at 3112 Frankford Ave in Philadelphia, PA and zip code 19134 in the Bridesburg / Kensington / Richmond neighborhood. This 2,730 square foot home, which was built in 1910, sits on a 0.04 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 6, 2024 and is currently priced at $417,000.

Philadelphia, PA housing market in December 2024 saw over 218 listings sold above listed price, more than 229 sold at listed price and over 580 sold below. The number of listings in Philadelphia, PA decreased by 2.3% between November and December 2024. The median list price of listings available in December 2024 was $267,873, while the average time on the real estate market was 49 days.

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

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