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$190,000

7026 Elmwood Ave Philadelphia, PA 19142

1,770 sqft
0.03 acres
$107 / sqft
Multi-Family

Property details

About 7026 Elmwood Ave

Welcome home to a prime investment opportunity in the Elmwood Park neighborhood in Philadelphia. This is a decently sized mixed-use commercial duplex awaiting revitalization. With a storefront featuring a half bathroom for versatile commercial use and a second unit offering 2 bedrooms, 1 large living room that can be used for living, and 1 bath, this property holds immense potential to bring your ideas to life. Though sold as is and requires some TLC, it presents a compelling chance for entrepreneurs and investors to unlock value in the bustling Philadelphia market. Conveniently located near public transit and a local Amazon warehouse, its strategic position enhances its appeal as a lucrative investment opportunity. Don't miss out! Seize the chance to transform this multi-family property, add it to your portfolio, or live in one unit & rent the other. Property will be sold in AS-IS condition, Cash or Commercial Loan, and delivered vacant.

Highlights

Home typeDuplex
StatusActive
(ACTIVE)
Size1,770 sqft
BasementYes
Lot size0.03 Acres
Year built1920
ParkingOn Street
MLS #PAPH2512134

Summary

  • Basement: Yes
  • Interior: Store/Office, Combination Kitchen/Dining, Bathroom - Tub Shower
  • Parking: On Street
  • Architectural Style: Converted Dwelling, Bi-level
  • Heating: None
  • Cooling: None
  • List Price: $190,000
  • Price/SqFt: $107
  • Annual Tax Amount: $509
  • Tax Year: 2023
  • Directions: Located right next to Four Star Pharmacy between 70th and 71st street.
  • Year Built: 1920
  • Living Area: 1,770 SqFt
  • Municipality: Philadelphia
  • Lot Size: 0.03 Acres
  • MLS Number: PAPH2512134
  • MLS Name: BRIGHT
  • Office Name: Prosperity Real Estate & Investment Services
  • Office Phone: (866) 327-7673
  • Office Email: kirk@prosperityreis.com
  • Listing Agent: Brendon Hong
  • Agent Phone: (484) 378-6663
  • Agent Email: brendonhong11@gmail.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: 7/16/2025, 5:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$116,400$509
2022$71,400$781
2021$-$781
2020$100,800$1,410
2019$93,000$1,301
2018$83,500$1,168
2017$83,500$1,168

History based on county public records data.

Nearby schools

2

John M. Patterson Elementary School

Public District KG-4

0.1 mi

7000 Buist Ave

3

Philadelphia Montessori Charter School

Public Charter PK-6

0.4 mi

2227 Island Rd

5

Thomas G. Morton School

Public District KG-5

0.8 mi

2501 S 63rd 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 $81,731. Typical income of Philadelphia, PA residents is between $35k-100k annually. Most 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?

26%
<35k
59%
35k-100k
16%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

42%
Single, No Kids
31%
Single, with Kids
11%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
12%
12-17 yrs old
26%
18-34 yrs old
36%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

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

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • 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 7026 Elmwood Ave

The listing price of 7026 Elmwood Ave property is $190,000.

The property 7026 Elmwood Ave is a multi located in Philadelphia, Pennsylvania, 19142.

Active Listing: 7026 Elmwood Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 7026 Elmwood Ave are: John M. Patterson Elementary School (GreatSchools Rating 2/10), Philadelphia Montessori Charter School (GreatSchools Rating 3/10), Thomas G. Morton School (GreatSchools Rating 5/10), Southwest Leadership Academy Charter School (GreatSchools Rating 4/10), William T. Tilden Middle School (GreatSchools Rating 3/10), Penrose Elementary School (GreatSchools Rating 4/10), John Bartram High School (GreatSchools Rating 2/10), Academy Park High School (GreatSchools Rating 2/10), Mastery Charter School-Hardy Williams (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $509 (source: MLS/based on county public records data).

The property 7026 Elmwood Ave is 1,770 SqFt (source: MLS/tax record).

The year of construction for 7026 Elmwood Ave is 1920.

This home is located at 7026 Elmwood Ave in Philadelphia, PA and zip code 19142 in the Southwest Philadelphia neighborhood. This 1,770 square foot home, which was built in 1920, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 13, 2025 and is currently priced at $190,000.

In June 2025 in Philadelphia, PA there were 36.5% more homes for sale than in May. In June 2025 median list price was $292,873 and the average listing age was 90 days.

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

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