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Mixed-Use Portfolio

2222 FRANKFORD AVENUE, Philadelphia, PA 19125

For Sale
$13,750,000

The offering combines apartment residences and commercial suites across multiple Philadelphia neighborhoods.

Property Size2,000 SF
Price / SF$6,875
Days on Market150

Property Features for 2222 FRANKFORD AVENUE

General Information

Standard status Active
Size 2,000 SF
Property subtype Five Or More Units
Net Operating Income $940,964

Site & Location

Neighborhood Kensington

Additional Details

Cap Rate 6.72%
Multifamily Units 45

Taxes and HOA fees

Annual Taxes $1.00

Building Details

Building Size 2,000 SF
Year Built 2023
Buildings 12
Listing Agency: KW Empower
Listed By: Jim Onesti · License PA RS224457L
Source: Wagnerrealestate
Added: Jun 16 Changed: Nov 11 Last Checked: Nov 11 at 7:46PM

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 KW Empower

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Investment Insights

Based on property information with market context.

This Philadelphia portfolio comprises 12 properties with 50 units: 45 apartments and five commercial spaces. The buildings include newer construction as well as extensively updated assets, with many residences featuring quartz counters, stainless steel appliances, contemporary cabinetry, designer bathrooms, and open layouts. Tax abatements are in place at many of the properties.

The holdings are located across Fishtown, Northern Liberties, Olde Kensington, Fairmount, and South Philadelphia. The portfolio has a projected capitalization rate of approximately 6.72%.

Key Highlights

  • 12‑property portfolio with 50 units: 45 apartments and five commercial spaces
  • Assets across Fishtown, Northern Liberties, Olde Kensington, Fairmount, and South Philadelphia
  • Combination of newer construction and extensively renovated properties

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Myrtle & Magnolia (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Parking Lot & Garage Travel Agency (Bike/Boat/Book/etc) Store Nursing Home Accounting Firm

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

45
Residential units

Location Intelligence

Trade Area within ½ mile

2,781
Businesses Nearby

Demographics for 19125, PA

25,325
Population
13,055
Households
1.9
Avg Household Size
34
Median Age
64%
College-Educated
94%
High-School Grad
1.4 sq mi
ZIP Area
18,089
Density / Sq Mi
$110,842
Median Household Income
$62,656
Median Earnings
$1,743
Median Rent
$373,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA

$234 Jul
$225 Aug
$209 Sep
$208 Oct

Properties on Market for Mixed-use properties in Philadelphia

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The offering combines apartment residences and commercial suites across multiple Philadelphia neighborhoods.
Where is this mixed-use property located?
The property is located at 2222 FRANKFORD AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $13,750,000.
What are key features of this property?
This property features: 12‑property portfolio with 50 units: 45 apartments and five commercial spaces; Assets across Fishtown, Northern Liberties, Olde Kensington, Fairmount, and South Philadelphia; Combination of newer construction and extensively renovated properties
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