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Apartment Building with Six Apartments
For Sale
$462,000

2924 2924-26 Frankford Ave, Philadelphia, PA 19134

Six-apartment property with four occupied units, two vacancies, and connected lower-level commercial workspace.

Property Size6,060 SF
Price / SF$76.24
Days on Market46

Property Features for 2924 2924-26 Frankford Ave

General Information

Standard status Active
Size 6,060 SF
Property subtype Multi-Family

Additional Details

Gross Income $30,900
Multifamily Units 6

Building Details

Year Built 1915
Buildings 3
Listing Agency: KW Commercial
Listed By: Nile Thompson · License #RS344703
Source: Upgradebymichaud
Added: Jul 20 Changed: Aug 29 Last Checked: Sep 1 at 8:40PM

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 Commercial

Investment Insights

Based on property information with market context.

This apartment property contains six units, including four currently rented apartments and two vacant apartments. The basement and first-floor areas connect with 2922 Frankford Ave and 2928 Frankford Ave and are presently configured for storage, office, and workshop use. The building dates to 1915 and has a reported property size of 6,060.

The property is located at 2924-26 Frankford Ave in Philadelphia, Pennsylvania, with a 19134 ZIP Code. Its physical connection to the two adjoining Frankford Avenue properties is an important consideration for evaluating the building and its associated lower-level areas.

Key Highlights

  • Six apartments total, with 4 rented and 2 vacant units
  • Basement and first floor connect with 2922 Frankford Ave and 2928 Frankford Ave
  • Lower levels currently used for storage, office, and workshop space

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Travel Agency Acupuncture Computer & Electronic Repair Locksmith

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,297
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-apartment property with four occupied units, two vacancies, and connected lower-level commercial workspace.
Where is this apartment building located?
The property is located at 2924 2924-26 Frankford Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $462,000.
What are key features of this property?
This property features: Six apartments total, with 4 rented and 2 vacant units; Basement and first floor connect with 2922 Frankford Ave and 2928 Frankford Ave; Lower levels currently used for storage, office, and workshop space
More about this property
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