The median home value in Philadelphia, PA is $262,152.
This is
higher than
the county median home value of $232,250.
The national median home value is $308,980.
The average price of homes sold in Philadelphia, PA is $262,152.
Approximately 48% of Philadelphia homes are owned,
compared to 41% rented, while
10% are vacant.
Philadelphia real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Philadelphia real estate agent to arrange a tour
today!
Learn more about Philadelphia Real Estate.
Showings start â Sunday 6/11/23 at 12-3 PM. Please have your agent reach out to confirm a time or call the listing agent. For sale, cash flowing LEGAL quadplexes bringing in total rents of $7,075 ($84,900 annual) with an estimated cap rate of 7%. Each building has the same layout with a four-bedroom & 2-bath unit, and (2) two-bedroom one-bathroom units. All separate utilities except water and includes in unit washer/dryers. Fire alarm monitoring in place paid to June 2024 and tax abatement for remainder of year. Buildings may be purchased together as a package (preferred) or separate. Property was rebuilt from the ground up in 2013 including new electrical, plumbing, french drain, HVAC, windows, etc. Both of the commercial units are on the smaller end and were built as required by zoning. Currently used as storage for the owners but were rented in the past as a small office/ art studio. All leases are in place until May-July 2024. One lease ending end of July which will be marketed soon. 48 hoursâ notice required to not bother the tenants. One of the partners is a licensed PA realtor.
NEW: Seller credit of 25k with accepted offer!! Donât miss this chance! RARE opportunity to purchase 5,000 sq. ft. in the heart of South Philadelphiaâs Restaurant Row! This E. Passyunk property boasts two levels of possible restaurant/catering/event space, plus 3rd floor offices and additional basement storage. Offering high visibility, plenty of foot traffic, and municipal parking directly across the street. This property has already been demoâd for your renovations. Current owner worked to develop concept with top restaurant design firm and is willing to provide plans and renderings to accepted buyer. Zoning allows for a variety of commercial/residential uses. Liquor license available for additional $200,000.
Discover the hidden gem of Frankford's centerâa historic brick building offering endless possibilities. This large commercial property features 15 off-street parking spaces and currently operates as an automotive repair center on the first floor, with storage on the second floor. Previously utilized as a gym or apartment, the second floor boasts a magnificent room with a soaring cathedral ceiling. Unleash your imagination and unlock the true potential of this space, whether it be for a dynamic fitness center, an inspiring studio, or a thriving co-working hub. With its prime location and rich history, this property is poised to become the cornerstone of your next successful venture.
Amazing investor opportunity to own this large six unit DOUBLE LOT, CORNER PROPERTY in booming Jefferson Square just across from Jefferson Square and Sacks Playground! All units COMPLETELY RENOVATED! 6% return!! Unit count consists of four (4) two bedroom, two full bathroom units and two (2) one bedroom, one bath units. All units are bright and spacious with all new stainless steel appliances, systems, hardwood flooring, and granite countertops. Washer and Dryer in each unit. Plenty of basement space to carve out private storage units for each tenant. Possible value add opportunity to add elevator as shaft is already in place. Financial cash cow for years to come in a developing neighborhood with expected rent increases in the short term. Walk-score off the charts, minutes to Passyunk Sq, Italian Market, Queen Village, South Street and drive within minutes to all big box shopping on Delaware Ave including Lowes, Home Depot, Target, grocery, gas and more. Highway access within minutes. Opportunities like this in this location do not come up often.
Welcome to the charming heart of Old Kensington, where an exceptional opportunity awaits you. Presenting a meticulously maintained house for sale, boasting a prime location with a vast, attached land that offers the potential for subdivision and the construction of single-family homes. This remarkable property presents a rare chance to create your own oasis in one of the most sought-after neighborhoods. Don't miss your chance to own a piece of Old Kensington's charm and create your own vision on this remarkable property. Embrace the opportunity to build your dream home or invest in a lucrative real estate venture. With its ideal location, ready-to-move-in condition, and subdivision potential, this house with attached land is a rare find that will undoubtedly captivate discerning buyers seeking the perfect blend of history, modernity, and future possibilities.
AMAZING INVESTMENT OPPORTUNITY in hot, hot NEWBOLD area of South Philly. 5-Unit commercial/Multi-Residential building contains a large COMMERCIAL SPACE on the first floor with finished basement, great space for small or medium business. In addition, 4 Nicely Finished RESIDENTIAL units all with separate utilities. This is a well-kept building and centrally located by the Broad Street Subway, East Passyunk Ave., and buses to Center City. A wonderful investment opportunity and won't last long. Schedule a viewing today!
Location! This professional office has 3 levels and was a real estate brokerage, a mortgage company, and an insurance with multiple offices being leased. Currently, it will be delivery vacant. Enter into the large atrium with a transparent staircase leading to the upper lever and the lower level. On the 1st floor, there is a large training/ conference room, 4 private offices, a large open area suitable for offices cubicles or enclosed offices, bathroom. On the upper level, an executive office finished with a private full bathroom, coffee room, fully furnished office cubicles, 3 private offices, bathroom. In the rear, the fire escape stair leads to the lower level with 7 private offices, a large conference room, a utility room, a lunch room with wall & base cabinets, and men's and ladies bathrooms. The roof is 5 years old with a warranty and maintenance was just completed. This building is the ideal set-up for any type of professional office. Conveniently, located on the busiest Washington Ave, and the center city. All buyers must send proof of funds before showing.
Excellent opportunity to purchase a 2751 Sq Ft mixed use building on South Street, CMX2 zoning. Currently used as three apartments. Self contained- 1st Floor Front- owner occupied studio apt. 1st Floor rear + 2nd floor rear has a 1 bedroom, 1.5 bath bi-level unit. occupied $1750 Mo/Mo. 2nd Floor Front + entire 3rd floor has a 3 bedroom, 2 bath bi-level unit- Vacant. All units have access to the rear patio, Unit 2 & 3 have decks. Coin Operated Washer & Dryer in Basement..
Location, Location, Location! Located between Vine & Callowhill, you are a 5-10 min walk from everywhere - city hall, target, cafeterias, convenience stores, parking, Vine expressway, Parkway, and more. The ample sized first floor commercial space has central air, gas heat, a bathroom, and an unfinished basement. The second floor studio apartment has amazing views of downtown! Truly an ideal location for someone who wants to be in the middle of all the action. The apartment itself is unique because of its open floor space with tons of natural light from those 6-foot windows throughout the space and high ceilings with many fans and lights, Includes Central AC & Heating and electric appliances. Do not miss this amazing opportunity!
Property Description KW Commercial is proud to offer this multi tenant retail shopping center as a great additions to any investor's portfolio. Long term tenants occupy this corner, single story, stand alone, retail property with ample parking, loyal customer base, and over 17,000 VPD, Easy access to route 309, Old York Rd, and Germantown Pike. Property is within an Opportunity Zone. This property is situated on a very well known business corridor surrounded by an area made up of mainly residential homes. Area Description Mt. Airyâs varied architecture recounts its historical roots. Structures dating back to the 18th century commingle with Victorian and 20th-century homes. The communityâs Quaker roots might be one reason Mt. Airy became a model of diversity early on. Since the 1950s, the community has earned a national reputation for welcoming families of all races, genders, religions and nationalities who share a fierce commitment to civic engagement and social activism. Mt. Airy began as a resort for Philadelphians to get away from it all. Though the bustle increased since then, it still serves as a welcome respite from city life thanks to its lush greenery. Now a commercial corridor, imaginative entrepreneurs are re-energizing the cobblestoned avenue with new restaurants and shops. Cozy cafes, chic galleries and small businesses line this happening main street, which draws visitors from all over the region.
VACANT !!! VACANT NOW !!! , A great Investment Property !!! , The nursing home had been running in the property, parking lot for over 25 cars , way for in and out , metal fence for surrounding , First Fl :1 large & 2 small room and 1 cafeteria and 2 Beth rooms and central heat and 3 window unit air conditions . 2nd Fl:5 rooms and 2 baths and central heat and 3 window unit air , 3rd Fl:5 rooms and 3 baths and 2 shower rooms and 1 sink , basement :2 large rooms and 3 master rooms and 2 heating rooms . sprinkle system , The new roof was done 2012 with 30 years guarantee
Investor Opportunity! This mixed-use building located at Temple University offers significant potential for rental income in a highly desirable area for Temple U faculty and students. With a low real estate tax of $4252 for the year 2023 and a tax exemption of $100,192, this property presents an attractive investment opportunity. Don't miss out on the chance to capitalize on this promising venture! Remodeled in 2016, the property features approximately 1200sf of prime commercial space on the ground floor, currently leased to Mr. Wish, generating $5459/month with a 9-year lease. The second floor consists of a tenant-occupied 4-bedroom apartment generating $2150/month in rental income. Additionally, the third floor features a 4-bedroom apartment generating $2300/month in rental income, with leases ending on 07/25/2024. This property presents an ideal investment opportunity in a rapidly expanding area. Enjoy the convenience of being within walking distance to the main campus, restaurants, shopping, theaters, and excellent transportation connections to downtown Philadelphia. Seize this chance to capitalize on the thriving potential of this location!
4824 Van Kirk St, Phila PA 19135 (4,400 Ft² CMX2 Auto Repair Shop+Auto Tags/ 7,900 Ft² Corner Currently in business; gross sales of $360,000 in 2022. This 4,400 Ft² Commercial building is a masonry block structure with steel roof beams, 16 Foot Ceilings, 2 - 10 Ft Garage Bays on the Van Kirk Entrance, Full Office, Bathroom, 2 Separate Interior Rooms perfect for auto body work & spraying, an 8 FT X 80 FT Driveway in the Rear (Edmund Street Side) with an automatic roll up gated entrance, & a 30 FT X 45 FT Gated Side Yard with automatic roll up gated entrance and garage entrance from inside the building. The garage has (2) heating systems, one that runs off of recycled motor oil (AT307 Thermobile), and another oil rooftop forced air system for those cold winter days. The physical location is ideal, right off of I-95 corridor on a busy 2-way street (Van Kirk & Edmund Street), easily accesible going Eastbound off of Harbison Avenue, this shops sits in the heart of Northeast Philadelphia with plenty of thru-traffic, and a highly saturated residential population within 1-mile of the shop. The parking around the outside of the building has enough space to hold 20-30 cars comfortably. This building is being sold with all the equipment inside; Symteck Smart Cool A/C Machine, Auto Wheel Alignment & ADA Calibration Machine (Model IA900WA), 4 Post Wheel Alignment Lift, (2) 9,000 LB Auto Lifts, Rotor Cutting Machine, Duncan Sand Blaster, Snap-On Wheel Balancer, Branick Strut Compressor, Bendpak Muffler Machine, & a Saftery Cleen Parts Washer. The equipment inside the building alone easily exceeds $120,000 in Value. Taxes are affordable; $3,600 (2023). Seller is motivated, looking to sell this highly profitable turnkey business & property. Priced agrresively to sell quickly ! Schedule your showing today. Offered for $650,000
Large corner mixed use property with commercial grocery store on first floor and basement for storage, 2nd floor with 2 bedrooms residential unit. Same tenant for both floors. Great cash flow. Building was completely renovated in 2021 with upgrades in exterior wall, roof, interior wall, kitchen, electricity, plumbing and sewerage. First floor grocery store tenant occupies the second floor unit which is a newly renovated 2 bedroom 1 full bathroom unit with separate entrance from the street. laundry area in hallway consists newer washer, dryer and cabinet. Large open living, dining area connected to the kitchen with new granite countertop and mable cabinet. Gas cooking. Hardwood floor. Access to the rear deck with outdoor space. New bathroom with cultured marble vanity, new toilet, bathtub and ceramic tile floor. Separate central heating and air conditioning system by electricity locates in the closet next to the deck. Electric hot water heater locates next to the first floor laundry room. Gas cooking. Tenant pays for all utilities. Rent is $1,300 per month starting Jan 20-Jan 31, 2023 and now on a month to month lease. First floor is a grocery store with basement for storage. Laminate floor. Tenant owns all the equipment, and shelves. Store opens daily 2:30pm-12am. Starting rent $1,500 with 3% increase each year started 12/1/2021 and expected to end on 11/30/2026 with 5 years option to renew(current rent is $1,545). tenant pays $50 water which is included in the lease amount. Tenant has the first right of refusal if house is sold. However current tenant hasn't showed any intention to purchase. Central heating and sir conditional system by natural gas and electricity. Electric hot water heater. Year 2: From Dec 1 2022 to Nov 30. 2023 $1,545/month; Year 3: From Dec 1 2023 to Nov 30, 2024 $1,591/month; Year 4:From Dec 1 2024 to Nov 30, 2025 $1,639/month; Year 5: From Dec 1 2025 to Nov 30, 2026 $1,688/month. The first floor tenant pays the following: 1/2 of real estate tax annually, $50 water fee per month, its own gas and electricity and use and occupancy tax to city. The landlord is only responsible for main sewer. water pipe and HVAC maintenance and repairs. Full basement with ceramic tile floor and and newly parged walls. Basement equipped with stairs access to the sidewalk for loading and storage. Great location close to public transportation and shopping. Great income with stable tenant.
Welcome to this wonderful mixed use building zoned CMX1 in the super hot Passyunk Square area. The first floor features a former beauty salon that would be great for any business in this thriving East Passyunk neighborhood. Just down the block from BOK this truly is a hot location. The second floor boasts a huge 2 bedroom apartment with hardwood floors and plenty of natural light and a really cool deck for some outdoor space and is currently rented out. This property has been lovingly cared for by the current owner for 50 years. This building has great bones , baseboard radiator heat throughout and a 2 car garage! Utilities are not separated, mechanicals are in good shape. Come and take a peek!
Attention! For Sale: Prime corner commercial mixed-use building. The first floor of this property previously operated as a take-out restaurant. The second floor features a separate entrance and presents a two-bedroom apartment, providing additional income potential. Whether you are seeking a new business location or an investment property, this property holds great potential. Schedule your viewing today!
Exclusive warehouse with parking and office space. 5119 N 2nd Street is a 10,529 square foot warehouse with office space located in the Olney section of Philadelphia. This warehouse is zond I-2 and is ideal for many different business uses at it is a fit-out with 3 phase power. This spacious warehouse is positioned perfectly and sits just blocks away from Roosevelt Blvd which leads to major highways.
Location, location, location!!!! This is a well-established and highly successful bar for over 23 years. This great cash flow business with an established clientele in South West Philadelphia is ready for its next owner. No too many still available in the area! The owner is retiring. The purchase includes real estate, business; equipment, coolers, dispensing equipment, and a liquor license just to mention a few. Business is ready to go for a new owner who wants to keep the dream .everything inside stays!!!! This is a gorgeous corner exposure in a densely populated ever-expanding area. It is situated at walking distance from shopping areas and is easily accessible as it is open 7 days a week from 12 pm to 3 am with an option to extend it to after-hours which runs from 2 am to 5 am-the new owner will have to inquire about getting those after hours. The huge finished upstairs floor the length of the entire building is host a beautiful restaurant -you will find games, dining, stage dancing areas, etc. The basement is also completely finished with a gorgeous office and has an additional finished area for usage. This is a mixed-use property and is also listed under Commercial and business opportunity Listings.
Fantastic opportunity to own a large mixed use property with over 2900 square feet. There are 3 units in total. The apartment on the second floor is rented and month to month at $875/month. The apartment on the third floor is rented and month to month at $975/month. The main floor of the building is a large commercial space with rear patio and basement access. Currently the commercial space is vacant but can be delivered with a tenant in place. The commercial space is projected to rent at $1,000/month. Please contact the agent to schedule tours. A listing agent must be present for all showings.
ATTENTION Investors and Builders!! Check out the rendering and zoning review provided by Sellerâs Architect. Great opportunity in one of the fastest growing zip codes in Philadelphia, University City! LOCATION LOCATION LOCATION...get in now while you still can. This area has tons of rental demand from Drexel University, University of Penn, and young professionals. The PERFECT sized property is ZONING READY, ZONING RECENTLY CHANGED TO RM-1. 7 units allowed BY-RIGHT! Almost 27 FEET WIDE and 85 FEET DEEP!! This is a can't miss opportunity. Bring your offers fast, this one won't last long!
Introducing an exceptional opportunity to acquire 8 consecutive RSA5 zoned lots, perfectly located at 3917-31 Cambridge St. This impressive parcel of vacant land presents an ideal canvas for visionary developers and investors seeking to make their mark in a thriving urban landscape. Situated in a highly desirable location, these lots on Cambridge St offer the perfect balance between tranquility and urban convenience. Within close proximity, you'll find a wide array of amenities, including parks, restaurants, shops, and entertainment venues, providing residents with a vibrant lifestyle. Excellent connectivity to major transportation routes ensures easy access to neighboring areas, downtown, and beyond. Don't miss this rare opportunity, offering unlimited potential for residential development. Whether you're an experienced developer or an astute investor, seize the chance to shape the landscape of this thriving neighborhood. Contact us today to learn more and schedule a site visit!
The building had 3 separated units. The 2nd and 3rd unit are two separated apartments and current still have tenants. The 1st floor is the nail salon. The nail salon is till operating and is in good location. The nail salon is recently update in 2019 with new nail stations and pedicure chairs.
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