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Three-Story Mixed-Use Building

2725 E CLEARFIELD Street, Philadelphia, PA 19134

For Sale
$599,000

Multi-Family, PHILADELPHIA, PA

Property Size2,736 SF
Lot Size0.04 Acres
Price / SF$218.93
Days on Market49

Property Features for 2725 E CLEARFIELD Street

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking 1
Parking features Fenced, Driveway
Subdivision PORT RICHMOND
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 2,736 SF
Lot size 0.04 Acres

Additional Details

Tenant in Place Yes
Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Annual Amount 4211

Utilities

Heating system Other (Heating)

Building Details

Year built 1920
Floors in Building 2
Number of units 3
Building materials Masonry
Architectural style Split Level
Buildings 1
Listing Agency: Dolan Family Real Estate
Listed By: Andrea L Mackin · License PA AB068651
Added: Sep 25 Changed: Oct 23 Last Checked: Nov 12 at 6:06PM
MLS# PAPH2670622

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,736-square-foot, three-story mixed-use property combines a ground-floor commercial space with two residential apartments. Built in 1920 with masonry construction, it also includes a full basement and a fenced driveway with parking for one car. The first floor has been renovated; the second-floor apartment is occupied, while the commercial space and third-floor one-bedroom apartment are vacant.

The property sits one block from Richmond Street in Philadelphia’s Port Richmond neighborhood. Its 0.0391-acre lot accommodates the building and driveway. The ground-floor space previously operated as a fish and produce market, and can also serve as a store or office, according to the property details.

Key Highlights

  • 2,736 square feet across three stories
  • One commercial space and two residential apartments
  • Second‑floor apartment is occupied; first floor and third‑floor one‑bedroom are vacant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,036
Cap Rate
7.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$860,720 $860.7K
Cap Rate 7%
$614,800 $614.8K
Cap Rate 9%
$478,178 $478.2K
Market Conditions
NOI Build-Up for 2,736 SF
Gross rent
$83.1K $30.36/SF
− Vacancy
−$4.8K −$1.76/SF
EGI
$78.2K $28.60/SF
− OpEx
−$35.2K −$12.87/SF
NOI
$43.0K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$860,720
Cap Rate 7%
$614,800
Cap Rate 9%
$478,178

Alternative Uses

Best Use
Apartment 5plus
$614.8K
$538.0K – $717.3K (±1% cap)
NOI $43,036 @ 7.0% cap · market cap 7.18%
Second Best
Mixed Use
$464.3K
$406.3K – $541.7K (±1% cap)
NOI $32,504 @ 7.0% cap · market cap 5.43%
Theoretical Best
Multifamily LT 5
$667.0K
$583.6K – $778.2K (±1% cap)
NOI $46,690 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Travel Agency Computer & Electronic Repair

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

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,207
Businesses Nearby

Demographics for 19134, PA

57,463
Population
25,290
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
77%
High-School Grad
3.4 sq mi
ZIP Area
16,901
Density / Sq Mi
$41,849
Median Household Income
$35,858
Median Earnings
$1,179
Median Rent
$127,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - A renovated ground-floor commercial space is paired with two apartments, one of which is currently occupied.
Where is this mixed-use property located?
The property is located at 2725 E CLEARFIELD Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 2,736 square feet across three stories; One commercial space and two residential apartments; Second‑floor apartment is occupied; first floor and third‑floor one‑bedroom are vacant
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