Financial
Distress signals
Property profile

3204 Frankford Ave Philadelphia, PA 19134

FOR SALE
Other apartment buildings
Property ID
US73-0015437
3,128 SF 0.32 ac lot Built 1940
Last sale Jan 2022 · $350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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3204 Frankford Ave, Philadelphia, PA 19134 For Sale
$225,000 3,128 SF
3204 Frankford Ave, Philadelphia, PA 19134
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Property summary

AI-generated overview

The property at 3204 Frankford Avenue in Philadelphia, PA is a four-unit multi-family building with approximately 2,030 square feet of building area situated on a 0.04-acre lot. It is zoned for commercial use and is located at/along Frankford and Allegheny Avenues, providing vehicle and pedestrian access to both corridors. Each unit includes hardwood flooring, stand-up showers, and granite countertops. The building has been maintained with recent updates and is configured to support both residential occupancy and commercial usage consistent with its zoning designation.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value · 2024$188k
Assessed land$36k
Assessed improvement$152k
Effective rate5.37%

Value estimate

· Sep 2026
$530k
$477k – $583k
AI approach$530k
CAP approach$385k
Submarket $/SF estimate$448k
NOI build-up
Gross scheduled income$62k
Vacancy & credit loss−$4k
Operating expenses−$26k
NOI · 14.19% cap applied$32k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$92/SF
County average, outlier-cleaned · 142 recorded sales of this use type
Observed band · Q1–Q3$48 – $156
Qualifying comparables4

Cap rate analysis

How does the asset earn?
14.19%
$32k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDAUPHIN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.7
Dental Office14.8
Law Firm12.6

Location

3204 Frankford Ave Philadelphia, PA 19134
County assessor Recorded deeds · 6 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
263 2nd, Highspire, PA 17034-1205 $335,000 Apr 2025 5,324 SF
516 Willow, Highspire, PA 17034-1536 $1,400,000 Oct 2022 8,512 SF
433 Willow, Highspire, PA 17034-1539 $2,225,000 May 2022 10,912 SF
288 Penn, Highspire, PA 17034 $2,225,000 May 2022 6,840 SF
442 Eshelman, Highspire, PA 17034-1527 $185,000 Jun 2021 3,600 SF
672 2nd, Highspire, PA 17034-1644 $280,000 Nov 2020 5,770 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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