Corner Mixed-Use
New
For Sale
$380,000
1501 E Cheltenham Ave, Philadelphia, PA 19124
Three separate units combine residential occupancy with a flexible commercial area and rear off-street parking.
Property Size3,735 SF
Price / SF$101.74
Days on Market3
Property Features for 1501 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
Floor
Basement
Multifamily Units
2
Building Details
Year Built
1945
Buildings
1
Tenancy
Multi
Listing Agency:
Anchor Realty Northeast
Listed By:
Leonard Mogil
(215) 953-7200
Source:
Bethsamberg
Added: Sep 12
Last Checked: Sep 13 at 1:13PM
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 mixed-use property at 1501 E Cheltenham Ave includes two attached, two-level single-family residences and a separate basement commercial unit, with individual entrances for all three spaces. Each home offers three bedrooms, a hallway bathroom, a living room, dining area, kitchen, and either an enclosed porch or covered front patio. The commercial area has an open main room, secured entry, shelving, counters, a register enclosure, vanity sink, storage rooms, and a powder room. Central air conditioning serves the commercial space, and a rear driveway provides off-street parking.
The property totals 3,735 square feet and was built in 1945. One residence is occupied month-to-month, while the other has a lease running through 03/31/27. The basement commercial unit is vacant. The sale includes all three units together, with existing residential leases transferring to the buyer at settlement. The property is offered AS-IS, WHERE-IS.
The property totals 3,735 square feet and was built in 1945. One residence is occupied month-to-month, while the other has a lease running through 03/31/27. The basement commercial unit is vacant. The sale includes all three units together, with existing residential leases transferring to the buyer at settlement. The property is offered AS-IS, WHERE-IS.
Key Highlights
- Mixed‑use property totals 3,735 square feet
- Two attached, two‑level single‑family residences plus a separate basement commercial unit
- All three units have separate entrances
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
965
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three separate units combine residential occupancy with a flexible commercial area and rear off-street parking.
Where is this mixed-use property located?
The property is located at 1501 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: Mixed‑use property totals 3,735 square feet; Two attached, two‑level single‑family residences plus a separate basement commercial unit; All three units have separate entrances
