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Three-Story Mixed-Use Building
For Sale
$275,000

6171 GRAYS AVENUE, Philadelphia, PA 19142

Commercial space and two upper-floor apartments are served by separate entrances and utilities.

Property Size3,186 SF
Days on Market14

Property Features for 6171 GRAYS AVENUE

General Information

Standard status Active
Size 3,186 SF
Property subtype Triplex
Zoning CMX2

Additional Details

Utilities to Site Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,344

Building Details

Building Size 3,186 SF
Year Built 1915
Buildings 1
Stories 3
Tenancy Multi
Listing Agency: RE/MAX Access
Listed By: Chuong Van Tran · License #AB066680
Source: Patmckennarealtors
Added: Oct 8 Changed: Oct 21 Last Checked: Oct 21 at 6:28AM

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 RE/MAX Access

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Investment Insights

Based on property information with market context.

Built in 1915, this three-story mixed-use property has commercial space on the ground floor and an apartment on each of the two upper levels. The commercial area features an open plan, a rear office, a waiting area, two powder rooms, and a full unfinished basement for storage. A side entrance provides access to the commercial space.

The second-floor apartment includes three bedrooms, a kitchen and living area, and a full bathroom. The third-floor apartment also has three bedrooms, a kitchen, a living area, and a full bathroom. Both residences have separate rear access. The building is zoned CMX2 and has separate utilities.

Key Highlights

  • CMX2 zoning
  • Three‑story building constructed in 1915
  • Ground‑floor commercial space with open plan, rear office, waiting area, and two powder rooms

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Gym & Fitness 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

2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,201
Businesses Nearby

Demographics for 19142, PA

29,565
Population
12,943
Households
2.3
Avg Household Size
33
Median Age
13%
College-Educated
82%
High-School Grad
1.7 sq mi
ZIP Area
17,391
Density / Sq Mi
$42,812
Median Household Income
$32,763
Median Earnings
$1,269
Median Rent
$110,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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 - Commercial space and two upper-floor apartments are served by separate entrances and utilities.
Where is this mixed-use property located?
The property is located at 6171 GRAYS AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: CMX2 zoning; Three‑story building constructed in 1915; Ground‑floor commercial space with open plan, rear office, waiting area, and two powder rooms
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