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    2963 Frankford Ave Philadelphia, PA 19134

    For Sale
    $329,900

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property size:
    2,424 SF
    Lot size:
    0.03 Acres
    Days on Market:
    113
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 2963 Frankford Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Size
    2,424 SF
    Lot size
    0.03 Acres

    Utilities

    Heating system
    Hot Water(Heating)

    Building Details

    Year built
    1915
    Number of units
    3
    Building materials
    Masonry
    Architectural style
    Other

    dolan family realty , inc. (215) 423-8888 [email protected]

    Listing agent Andrea L Mackin (215) 423-8888 License #RS206220L

    Listing date Aug 25, 2025

    MLS# PAPH2530978 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Philadelphia Multifamily Building for Sale

    This multifamily property is located in Philadelphia, PA. The building is situated on a 0.03-acre lot and has a total area of 2424 square feet. The property is zoned CMX2, offering flexibility for various uses. The building features mechanical upgrades and presents an opportunity for cosmetic improvements. The first floor is spacious and suitable for either commercial use or conversion into a large apartment. The second floor contains two small apartments, while the third floor houses one apartment. The property is located on a block with new renovations and businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.11579132
    Latitude
    39.99027634

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    FAQs

    What type of property is this?
    Apartment building - CMX2 building with potential in an up-and-coming Philadelphia location.
    Where is this apartment building located?
    The property is located at 2963 Frankford Ave Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $329,900.
    What are key features of this property?
    This property features: - Large CMX2 building suitable for various uses (business or apartments).; - Solid building with recent mechanical upgrades.; - Located in an up-and-coming block with new rehabs and businesses.
    (215) 423-8888
    Request Owner's contact information
    2963 Frankford Ave Philadelphia, PA 19134
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    Philadelphia, PA 19134
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2963 Frankford Ave Philadelphia, PA 19134
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