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Four-Unit Mixed-Use Property
For Sale
Contact for pricing
Pending

2516 Frankford Avenue, Philadelphia, PA 19125

Block-to-block configuration combines salon space with three residential units, including a balcony patio.

Property SizeContact for details
Days on Market148

Property Features for 2516 Frankford Avenue

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 2 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 3

Additional Details

Gross Income $55,200

Building Details

Tenancy Multi
Listing Agency: First City Team
Listed By: steven zhao · License #RS315738
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Sep 3 at 1:45AM

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 First City Team

Investment Insights

Based on property information with market context.

This mixed-use property spans 2516 Frankford Avenue and a rear residence at 2507 Amber. The four-unit configuration includes a salon, a one-bedroom, one-bath apartment, a two-bedroom, one-bath apartment with a private balcony patio, and a separate two-story one-bedroom, one-bath home.

The property is in Philadelphia’s East Kensington neighborhood, with Olde Richmond, Northern Liberties, and Fishtown identified as surrounding areas. The current cap rate is over 6%, providing an established income profile alongside the combination of commercial and residential spaces.

Key Highlights

  • Four total units across a block‑to‑block configuration
  • Includes salon space plus three residential units
  • Two‑bedroom, one‑bath apartment with private balcony patio

Property Analytics

Current Use

Philly THC Gym & Fitness Center

Suggested Use

Top Pick Law Firm Parking Lot & Garage Travel Agency Accounting Firm Computer & Electronic Repair Tech Support Center

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,794
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

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 - Block-to-block configuration combines salon space with three residential units, including a balcony patio.
Where is this mixed-use property located?
The property is located at 2516 Frankford Avenue Philadelphia, PA.
What are key features of this property?
This property features: Four total units across a block‑to‑block configuration; Includes salon space plus three residential units; Two‑bedroom, one‑bath apartment with private balcony patio
More about this property
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