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Mixed-Use Property with Garage
For Sale
$525,000

407 PIERCE Street, Philadelphia, PA 19148

Multi-Family, PHILADELPHIA, PA

Property Size800 SF
Lot Size0.02 Acres
Price / SF$656.25
Days on Market202

Property Features for 407 PIERCE Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking features On Street
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 800 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Annual Amount 3359

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1960
Number of units 1
Building materials Masonry
Architectural style Other
Listing Agency: Keller Williams Real Estate - Media · Keller Williams Realty
Listed By: Angela Manzi · License #RS329052
Added: Feb 8 Changed: Aug 19 Last Checked: Aug 29 at 3:06AM
MLS# PAPH2581082

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This mixed-use property combines a multi-vehicle garage with a second-floor apartment in an 800-square-foot building constructed in 1960. Both spaces are currently tenant-occupied. The apartment was remodeled in 2019 and features hardwood flooring, an eat-in kitchen with granite countertops, a tile backsplash, newer appliances, a gas range, recessed lighting, central air conditioning, and ample closet and storage space. The unit also includes a roof, HVAC system, and water heater identified as updated. Heating is provided by forced air, and the structure is masonry construction.

The property is located at 407 Pierce Street in Philadelphia, Pennsylvania 19148. On-street parking is available. The apartment tenant pays all utilities other than water and supplies a washer and dryer, while the garage accommodates approximately four vehicles.

Key Highlights

  • Tenant‑occupied garage and second‑floor apartment
  • Approximately four‑vehicle garage
  • 800‑square‑foot mixed‑use building constructed in 1960

Property Analytics

Current Use

Parking lots & garages

Suggested Use

Top Pick Law Firm Real Estate Agency Nursing Home Hotel & Motel Parking Lot & Garage Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,478
Businesses Nearby

Demographics for 19148, PA

53,976
Population
22,944
Households
2.4
Avg Household Size
36
Median Age
39%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
12,851
Density / Sq Mi
$80,469
Median Household Income
$50,067
Median Earnings
$1,492
Median Rent
$296,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Tenant-occupied garage and apartment combine in a compact masonry property with central air and updated residential finishes.
Where is this mixed-use property located?
The property is located at 407 PIERCE Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Tenant‑occupied garage and second‑floor apartment; Approximately four‑vehicle garage; 800‑square‑foot mixed‑use building constructed in 1960
More about this property
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