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Three-Unit Building with Commercial Space
For Sale
$329,000

2963 FRANKFORD AVENUE, Philadelphia, PA 19134

Three residential units are paired with a large first-floor area offering business or apartment conversion potential.

Property Size2,424 SF
Price / SF$135.73
Days on Market22

Property Features for 2963 FRANKFORD AVENUE

General Information

Standard status Active
Size 2,424 SF
Property subtype Triplex
Zoning CMX2

Property Condition

Severity Repairs Needed
Evidence needs cosmetics

Building Details

Year Built 1915
Buildings 1
Stories 3
Listing Agency: Dolan Family Real Estate
Listed By: Andrea L Mackin
Source: Cummingsrealtors
Added: Aug 9 Changed: Aug 28 Last Checked: Aug 29 at 10:05AM

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 Dolan Family Real Estate

Investment Insights

Based on property information with market context.

This 2,424-square-foot triplex, constructed in 1915, combines three residential apartments with a substantial first-floor area. The second level contains two apartments, while the third level includes one apartment. The ground floor can support business use or be reconfigured as a larger apartment, subject to applicable requirements.

The property carries CMX2 zoning and includes mechanical upgrades. Its existing layout offers a mixed-use configuration with residential space above a flexible street-level area, providing a clear framework for continued multifamily use or a combination of residential and commercial occupancy.

Key Highlights

  • 2,424 SF triplex built in 1915
  • Three apartments: two on the second floor and one on the third
  • Large first‑floor area suited to business use or apartment conversion

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Travel Agency Acupuncture (Bike/Boat/Book/etc) Store 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.

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?
Triplex - Three residential units are paired with a large first-floor area offering business or apartment conversion potential.
Where is this triplex located?
The property is located at 2963 FRANKFORD AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: 2,424 SF triplex built in 1915; Three apartments: two on the second floor and one on the third; Large first‑floor area suited to business use or apartment conversion
More about this property
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