Property summary
This fee-simple, mixed-use property at 1421 W Erie Ave, Philadelphia, PA 19140, offers a compelling value-add investment opportunity. The four-story building encompasses 3,162 square feet on a 1,900 square foot lot and features seven units, including three commercial spaces and four residential units. Currently vacant, the property presents significant upside potential. The ground floor boasts a small barber shop currently under a gross lease ($600/month), a vacant salon space with real… estate office zoning, and an undeveloped basement suitable for a restaurant (up to 30 seats) with private rear yard access. A non-conforming fifth residential unit is located on the roof. The property is zoned CMX2.5 and has a projected NOI of $91,766 post-renovation and full occupancy. The asking price is $310,000, representing a compelling cap rate of 29.60% and a price per square foot of $98.04. The building is situated on a busy street in a booming area with over 200 new residential units under construction. This property requires approximately $300,000 in renovations to reach its appraised after repair value (ARV) of $1.2 million. Detailed financial projections are available upon request.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Value Estimation
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- Location Insight
- Alternative use
- Local Zoning Insight
