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Mixed-Use Building with Upper Residence
New
For Sale
$154,999

1500 N 56TH STREET, Philadelphia, PA 19131

The vacant street-level commercial area is paired with a bi-level four-bedroom residence and separated utilities.

Property Size1,860 SF
Days on Market6

Property Features for 1500 N 56TH STREET

General Information

Standard status Active
Size 1,860 SF
Property subtype Duplex
Zoning RSA-5

Taxes and HOA fees

Annual Taxes $2,084

Building Details

Building Size 1,860 SF
Year Built 1925
Listing Agency: Perfect Place Real Estate Co.
Listed By: Jason Johnson
Source: Patmckennarealtors
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 11:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Perfect Place Real Estate Co.

Investment Insights

Based on property information with market context.

This 1925 mixed-use property combines a vacant commercial space on the first floor with a bi-level residence above. The residential portion has four bedrooms and one bathroom, and utilities are separated. The property is in Philadelphia and is offered in as-is condition.

RSA-5 is the zoning designation reflected by ATLAS. Supporting documents indicate approval for a two-family residence with commercial space below.

Key Highlights

  • Vacant first‑floor commercial space with a bi‑level residence above
  • Upper residence includes 4 bedrooms and 1 bathroom
  • Supporting documents indicate approval for a two‑family residence with commercial space below

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

1,392
Businesses Nearby

Demographics for 19131, PA

42,705
Population
22,826
Households
1.9
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
5.3 sq mi
ZIP Area
8,058
Density / Sq Mi
$46,057
Median Household Income
$40,052
Median Earnings
$1,312
Median Rent
$163,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Mixed-use property - The vacant street-level commercial area is paired with a bi-level four-bedroom residence and separated utilities.
Where is this mixed-use property located?
The property is located at 1500 N 56TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $154,999.
What are key features of this property?
This property features: Vacant first‑floor commercial space with a bi‑level residence above; Upper residence includes 4 bedrooms and 1 bathroom; Supporting documents indicate approval for a two‑family residence with commercial space below
More about this property
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