Corner Mixed-Use
New
For Sale
$380,000
1501-03 E CHELTENHAM AVE, Philadelphia, PA 19124
Two residences and a vacant commercial basement share separate entrances, rear parking, and access to nearby shops and transit.
Property Size3,735 SF
Price / SF$101.74
Days on Market3
Property Features for 1501-03 E CHELTENHAM AVE
General Information
Standard status
Active
Size
3,735 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
requires some love and updating
Site & Location
Corner Location
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Building Details
Tenancy
Multi
Listing Agency:
Anchor Realty Northeast
(215) 333-1116
Listed By:
Leonard Mogil
(267) 632-8205
Source:
Sandrasellstheshore
Added: Sep 9
Changed: Sep 10
Last Checked: Sep 10 at 2:47PM
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 Anchor Realty Northeast
Investment Insights
Based on property information with market context.
This 3,735-square-foot mixed-use property combines two attached two-story residences with a lower-level commercial unit. Each component has its own entrance. The homes include living and dining areas, kitchens, three bedrooms, full hallway bathrooms, and either an enclosed porch or covered front patio. The commercial space provides an open main room, secured entry, shelving, counters, a register area, vanity sink, rear storage rooms, powder room, and central air cooling. A rear driveway provides off-street parking. The property is offered in its existing condition, with the residential leases transferring to the buyer at settlement. One residence is occupied month-to-month, while the other is leased through 03/31/27; the basement commercial unit is vacant.
The property occupies a corner location near local shops, restaurants, public transportation, Roosevelt Blvd, Bustleton Avenue, and Frankford Avenue. All three components are being conveyed together in one transaction.
The property occupies a corner location near local shops, restaurants, public transportation, Roosevelt Blvd, Bustleton Avenue, and Frankford Avenue. All three components are being conveyed together in one transaction.
Key Highlights
- 3,735 SF mixed‑use property with two residences and a commercial basement unit
- Two attached residential homes, each with three bedrooms and a separate entrance
- Vacant commercial unit includes open space, shelving, counters, storage rooms, and a powder room
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
965
Businesses Nearby
Explore this area
Business Placement
Demographics for 19124, PA
68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two residences and a vacant commercial basement share separate entrances, rear parking, and access to nearby shops and transit.
Where is this mixed-use property located?
The property is located at 1501-03 E CHELTENHAM AVE Philadelphia, PA.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: 3,735 SF mixed‑use property with two residences and a commercial basement unit; Two attached residential homes, each with three bedrooms and a separate entrance; Vacant commercial unit includes open space, shelving, counters, storage rooms, and a powder room
