The median home value in Philadelphia, PA is $232,250.
This is
equal to
the county median home value of $232,250.
The national median home value is $308,980.
The average price of homes sold in Philadelphia, PA is $232,250.
Approximately 48% of Philadelphia homes are owned,
compared to 41% rented, while
10% are vacant.
Philadelphia real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Philadelphia real estate agent to arrange a tour today! Learn more about Philadelphia.
Welcome to this turnkey mixed-use building, offering exceptional cash flow and low overheadâideal for both homeowners and investors. Situated in the vibrant Fairhill section of Philadelphia, the ground floor features a versatile commercial space currently used as a church. Above, you'll find a beautifully renovated 4-bedroom, 2-bathroom home spanning two stories. This property is perfect for various investment strategies, whether you're considering a 1031 exchange, a cash sale, or commercial financing. Don't miss out on this golden opportunity to establish your presence in Philadelphia's thriving real estate market!
McCann Commercial is pleased to present 2300-16 N. 2nd St, a prime 100+ Qualified Opportunity Zone (QOZ) mixed-use development site at the corner of 2nd & Dauphin in Philadelphia, PA. This generous lot supports substantial residential and commercial development, offering significant tax incentives for investors. Located in a rapidly developing neighborhood with excellent access to public transportation and local amenities, this site promises sustained growth potential and versatile development options.
Ask for the OM * * This property is classified under the R3 zoning category, has the Hotel License for 2 units and is specifically designated for Visitor Accommodations. The property has been legally converted and approved for this use. Legal Designation: * * This property is legally converted to a 2 unit R3 Lodging House Accommodations building. The Certificate of Occupancy and the approved plan, and Hotel License confirm its legitimate use. No Gimmicks: * * There are no hidden complexities or gimmicks. The conversion and use of the property are transparent and comply with city regulations. With the proper setup and management, this investment in an R3 designated Visitor Accommodations building offers a legitimate and potentially profitable opportunity. The process is designed to ensure the property meets all regulatory requirements, providing a clear path for new ownership and operation. Beautifully renovated and Furnished Historic Two unit lodging house in Center City-Old City neighborhood. Next Door to all shopping, nightlife, & Metro. 2 blocks from Liberty Bell & NYC Megabus to Manhattan, Philly Tour Bus and Museums. Available for Long Term or Monthly rentals. Updated kitchens, bathrooms, and interior! You will be just steps away from the Market Frankford Line's 2nd Street Station, Dozens of Restaurants, 5 min Walk to Penns Landing waterfront, 5 minute Uber to the Rivers Casino. The 2 unit Lodging House (3 bedroom 1.5 bathroom & studio unit) the heart of old city Philadelphia. Corner of Market and Strawberry street. Steps (1 min walk) to the market Frankfort blue line subway, steps from all the nightlife and restaurants, cvs, and other attractions. Climate control in every room. Utilities Included ( Electric, Water, Gas, ). This building would make an excellent addition to your portfolio. Contact us today to learn more about this exciting investment opportunity.
Add this Mixed Use property to your portfolio. Busy street, lot of foot traffic. Once used a church. You can keep it the same or allow your dreams to take flight.
Extraordinary corner Residential Mixed-Use property capturing the attention of both the intersection and the neighborhood! This property is everything you want in an investment and in a home! Boasting a meticulously maintained brick Semi-Detached/Twin style property that provides an expansive 2,622 sqft size, private entrances, and separate gas & electric. Featuring a 3-bedroom unit with a private main bathroom upstairs with ample closet space, and a professional business office in the lower level. A lucrative investment property can also be used as an exclusive private residence by just moving in and conveniently relocating your own business downstairs to eliminate the hassles of a daily commute. Seize this opportunity now as this property awaits you, its new owner! Whether for living in or renting out, act promptly and schedule your viewing appointment today!
Discover the potential of this mixed-use gem located in the vibrant Haddington neighborhood of Philadelphia. This property offers a versatile first-floor unit perfect for commercial use, while the spacious second-floor unit boasts residential living complete with a kitchen. Ready to be restored to its former glory, this building presents endless opportunities for investors and business owners alike. The first-floor commercial space is ideal for a retail store, office, or small business. The second-floor residential unit features a kitchen and ample living space. Situated close to shopping, local amenities, and public transportation, this property offers convenient access to the 69th St Terminal and the Market-Frankford Line, providing easy connections to Upper Darby, City Line Ave, Center City, and more. The area is ripe with opportunities for development and investment. Donât miss your chance to own a piece of the thriving Haddington community. This property is a canvas waiting for your visionâschedule a showing today and explore the possibilities!
So many possibilities for these 3 properties that are being sold as a package deal. Unit 4916 is a 2 story Âunit with Âtwo Â(2) 950 square feet loft apartments, 2 inch Red Oak Appalachian hardwood floors. Âwith 2 updated bathrooms. 1st floor has a backyard and the 2nd floor has a deck. Unit 4918 2 story Commercial CMX-2 property with two (2) 1,400 square foot commercial spaces with handicapped accessible bathrooms. Â2 inch Red Oak Appalachian hardwood floors. The 1st floor has a backyard, 304 SF and the 2nd floor has a deck, 153 SF. Unit 4920 Âis a 1,908 sf 2 Story house with 2 fully updated bathrooms, Â2 inch Red Oak Appalachian hardwood floors. 304 sf backyard and 153 sf 2nd floor deck. All 3 units are zoned Mixed Use/CMX2. This is a Opportunity Zone Investment., ÂLocation is 10 mins to University of Pennsylvania and Drexel Universities, 16 mins to Amtrak 30th Train Station, I-76 and I-95 highways, and 20 minutes to Philadelphia International Airport. These properties have not been completely renovated and are being sold in their "AS IS" condition. Seller will not be making any repairs. *Photos are Virtually staged*
Discover an exceptional opportunity to own a meticulously renovated duplex in the heart of the vibrant GRADUATE HOSPITAL area. The first floor features a thoughtfully designed, bi-level 2-bedroom residence with a chefâs kitchen, elegant hardwood floors, and a DELIGHTFUL GARDENâan inviting extension of your living space during six months of the year. Upstairs, the top-floor apartment boasts two generously sized bedrooms, an ideal home office, a stunning kitchen, and a beautifully tiled bath. With an impressive annual gross rent of approximately $60,000, this duplex represents the pinnacle of investment prospects in the neighborhood.
Included in this sale are 8 other properties all vacant lots which makes this property ideal for most commercial endeavor. This piece of real estate is ideally positioned to benefit from the high vehicular traffic of 6th street. The boundary of this package starts from Fairhill Street to N. 6th Street thereby taking advantage of both street corner. Property is currently used as an auto repair facility / storage and possession is immediate.
This completely renovated, multi-level commercial building presents an exceptional opportunity to house up to three distinct businesses. Ideal for retail stores, studios, office spaces, and more, this property offers unparalleled flexibility and potential. Strategically located in the up-and-coming commercial section of Glenwood and Hartranft on Germantown Ave, the building features all-new electrical and alarm systems, HVAC, and a certificate of occupancy. This 3-story, 5,100 sq ft building includes three separate commercial units, each approximately 1,650 sq ft. Each unit is separately metered and equipped with mini-split heating and air conditioning with 200-amp service. Additionally, each unit includes a private restroom and two separate entrances, allowing them to be divided into three storefronts: 2549, 2551, and 2553. The first floor boasts three large bay windows with rolling shutters and individual remote lifts. Zoned as commercial mixed-use, this space offers significant versatility for various business types. The property also provides customizable exterior options to suit your specific aesthetic preference. Discover the potential of this property. Schedule your showing today.
Introducing an exceptional commercial property package on Ogontz Avenue, perfect for diverse business needs across three distinct properties. Previously Keystone diagnostics and MRI, this is perfect for a medical office or retail space. This can be packaged with the properties across the street at 7618-24 Ogontz Ave.
Introducing an exceptional commercial property package on Ogontz Avenue, perfect for diverse business needs across three distinct properties. This property features a commercial ground floor with an apartment above. The commercial space is leased for $1,500/month and is a salon. This can be packaged with the properties directly next door at 7620-24 Ogontz Ave and the property across the street at 7625 Ogontz Ave.
Introducing an ðamazingð investment opportunity in the â¤ï¸heartâ¤ï¸ of Philadelphia! This 12-unit property, located at 1701-3 N 20th St, offers an attractive ð°cap rate of approximately 7.29% based on its purchase price of $1.4 million. ð¡ð¢ ð¢ Property Highlights ð¢ ð¡ Mix of 1-2 and 4 bedroom units ð Potential for increased rental income ð Fantastic cash flow opportunity ðï¸ Proximity to top universities and public transportation ð° Financials ð° With this adjusted purchase price, the property now offers an annual income of approximately ðµ$136,392ðµ with total expenses of ð¼$34,098ð¼. This results in a net operating income of around ð²$102,294ð² per year, contributing to the appealing cap rate. ð Unlock the Potential ð While the property needs some cosmetic upgrades and minor repairs, it is still a fantastic investment opportunity with enormous potential. ðï¸â¨ By investing in these upgrades, you can transform this property into a highly desirable rental for tenants. ð Fully Occupied Potential ð If fully occupied, the gross rental income could reach ð²$174,288ð² with the expenses at roughly ð¼$43,572ð¼. This suggests a potential net operating income of around ð°$130,716ð° per year. which would put this property at a 9.3% Cap rate at a 1.4 M purchase price. ð Location, Location, Location ð Located in a vibrant and bustling area of Philadelphia, tenants will have plenty of nearby shopping ð, grocery options ð, and other amenities ð¬ to choose from. The area is home to several supermarkets ð, including Aldi and H Mart, and boasts a wide range of restaurants ð, cafes â, and bars ð¸. There are also several parks ð³ and green spaces ð¿ nearby for outdoor activities ð. ð Perfect for Students and Young Professionals ð The property's proximity to top universities, including Temple University ð and Drexel University ð, and its easy access to public transportation ð make it an ideal choice for students ð and young professionals ð¼. The neighborhood is a lively and bustling area of the city, offering something for everyone. ð If you're looking for a property with enormous potential that offers strong cash flow and room for growth, this is an excellent choice. ð Contact me today to schedule a viewing and see the potential for yourself! ðð¡ð°
Introducing an exceptional commercial property package on Ogontz Avenue, perfect for diverse business needs across three distinct properties, with 4 separate residential units above the commercial spaces.. At 7620 Ogontz Ave, there is a ground floor commercial space that is a good setup for office space or you can combine with the commercial space next door. At 7622 Ogontz Ave, previously leased to multiple physicians and a diagnostic radiology facility, this multi room space needs work, but has plenty of square footage to turn back into a medical space or use as some sort of other retail space. At 7624 Ogontz Ave, once a bustling pharmacy, this unit offers a large waiting room, office space, and a bathroom, with a flexible layout suitable for numerous business types, from retail to professional services. All units need TLC. This property can also be sold with the next door property at 7618 Ogontz Ave along with the property across the street at 7625 Ogontz Ave.
1913 S 20th St is a 5-unit legally zoned corner property in Philadelphia's popular West Passyunk neighborhood with multiple renovated units and 80% occupancy. There are two 1-bedroom apartments and three studios, each separately metered. Unit #1 is a 1-bed, 1-bath with a private entrance and updates, including a new kitchen, bathroom, and flooring. A shared foyer at the center of the building leads to three of the apartments. Unit #2 is a studio on the first floor, unit #3 is a renovated studio with outdoor space on the second floor, and unit #4 is a 1 bedroom apartment, also on the second floor. Unit #5 is a studio at the rear of the first floor with its own entrance. A cellar, Bilco door off the street leads to the expansive basement, where you'll find electric water heaters and meters for each unit. With a monthly income of $5,750.00 and all separate utilities except water, I think they call this a "Cash Cow". 1913 S 20th St's convenient location is close to local businesses, markets, and eateries, earning a Walk Score of 94. Plus, there's easy access to public transit, Snyder Ave, Passyunk Ave, Broad St, and I-76. Schedule your showing today!
2981 Memphis St., Philadelphia PA 19134 is a mix-use commercial property legally zone for a two unit building. The first floor commercial unit of this building is being rent to a small convenience store that is still operating and currently rented for $2000 a month. Their lease is up next year with no option to renew. The second floor features a three bedroom, one bathroom apartment with force air heating and central air. A lease is currently not in place for second floor unit. Asking price is $415,000 property is being sold in as-is condition. Seller is motivated.
This is a great property for someone that wants to own a business on the first floor and live on the second! The first floor is accessible at street level and operated a convenience store that includes two refrigerators, surveillance system with TVs, a glass case and more. There is also a half bath behind the store. The basement is finished with a half bath and can be used for any variety of functions including storage. There is a 3BR apartment upstairs, with a separate entrance. There you'll find spacious bedrooms, a full eat in kitchen and full bath. New roof in 2023. Furnace is 4yrs old. Oil tank is new. Second floor is heated by baseboard electric but you can reconnect the oil heat to it easily. First floor is oil heat. Both units have separate electric meters. The location is great as it sits on a corner and has foot traffic from the community. It's being sold as-is.
Come And Look At This 70,000 sq feet Gem in Northern Liberty That sits on an entire city block. Consist of 27 Commercial Garages with Powder Rooms In Each and Large Spacey Areas Throughout 2nd Floor Area Used Previously as a Boxing Gym That Mike Tyson Visited in The Past to Train. 15-25 Car Parking Space. So much Potential Space This Building Has. Set Up Your Appointment To View This Building Today. Prime Location With Plenty of Prime Space. **CALL FOR PRICE**
Entrepreneurs from the Philadelphia region. Looking for a place to open your own business? Here is your opportunity. Come and take a look at this this recently renovated restaurant . This property also has a 2nd floor 3 bedroom apartment. Easy to show. Call the listing agent to schedule an appointment.
This is great property for investment1 story building lease to day care. month to month lease, can stay or move. There's easy access to public transit. 5 mins away to supermarket. It's being sold as-is. Schedule your showing today!
LIVE THE DREAM!!! Own and operate your own business from the first floor or continue to build your real estate investment empire with a commercial space on the first floor and 2 two bedroom apartments providing additional income, upstairs. Each unit currently rents for $1200 per month. Each unit runs on electric heating and meters are separated. On this major West Philadelphia thoroughfare of Lansdowne avenue, the 10 trolley provides public transportation to Center City. This is a commercial corridor with bustling foot and vehicle traffic. The commercial space is a modern, blank canvas with air conditioning and heating provided by wall mounted mini-splits. Each of the two bedroom units have been updated and are tenant occupied, and it is easy to imagine small cosmetic upgrades, which could add value and increase rents. This is an excellent opportunity for the savvy investor, or operator occupant.
CALLING INVESTORS, BUILDERS AND DEVELOPERS! RESIDENTIAL OR COMMERCIAL. 16 garages FOR SALE! Perfect for income opportunity to collect rents from 16 storage units OR tear down and develop. Property has both residential and commercial use. Lot is approved to build 2 duplexes (4 units total) if new buyer wishes to demolish garages and build new in an area with a lot of renovation in immediate area as part of the Tacony Community Development Program. Collect $4,000-5,000/month in passive income or develop and resell for a profit. Make your offer today!
Welcome to 1537-39 Ridge Ave, a modern commercial mixed-use building just 3 years old. This property boasts 10 apartments and 1 commercial unit, presenting a lucrative investment opportunity with substantial income potential. The residential units include two spacious 2-bedroom, 1-bathroom apartments, two comfortable 1-bedroom, 1-bathroom units, and six cozy studio apartments. Each unit is flooded with natural light, enhancing the living experience for tenants and guests alike. Benefit from a significant financial advantage with 7 years of tax abatement remaining, underscoring the profitability of this investment. Currently operating as an Airbnb with a legal license, the property offers immediate income generation with the option to include all furnishings in the sale. Don't miss the chance to own this income-producing gem in a prime location. Schedule a viewing today to explore the potential of 1537-39 Ridge Ave!
Discover an exceptional investment opportunity located in the heart of the Allegheny West neighborhood. This corner duplex offers an attractive option for investors and buyers seeking rental income or multi-family living. The prominent corner location provides added visibility and curb appeal, making it a standout property in the area. The first floor unit features 2 bedrooms, 1 bathroom, a kitchen and bathroom, with a history of renting for $800 per month. The second floor unit includes 3 bedrooms, 1 bathroom, and was previously rented for $950 per month. Both units have separate entrances, ensuring privacy and convenience for tenants. Additionally, the property boasts a finished basement, providing extra storage or recreational space. This property can be an excellent opportunity for someone who is looking for a fixer upper to live in one unit and rent the other unit out. This can help to reduce living expenses and build equity! Or this can also be a great opportunity for an investor looking to add another property to their rental portfolio. Zoned as CMX-1 also opens up the opportunity to have a business on the 1st floor while you rent out the 2nd floor reducing expenses. There are tons of opportunities to take advantage of this prime corner location! Experience the vibrant lifestyle of Allegheny West with an array of nearby dining options, including Boos' Double Down Lounge, Favor's, Good Garden Restaurant, and Allegheny West Restaurant. Families will appreciate the proximity to top educational institutions such as Thomas M Pierce School, Rhodes E Washington School, Mercy Career & Technical High School, and New Harvest Christian Academy. For your grocery needs, you'll find Pacific Fish & Produce, Yaindhi Grocery Best Hoagies, and Philly Foodworks just around the corner. Commuting is a breeze with the Allegheny stop on the Manayunk/Norristown Line only 10 minutes away, offering quick access to the city. Nature enthusiasts will love the nearby parks, including the historic Connie Mack Stadium, scenic Reyburn Park, and tranquil Fernhill Park. This property perfectly balances convenience, community, and comfort. With a total monthly rental income potential of $1,750, this property presents a solid investment. Its proximity to public transportation, including easy access to bus routes and the Allegheny train station, enhances tenant appeal. The area is close to schools, parks, shopping centers, and dining options, offering a desirable living environment. This property delivers value and versatility in a thriving Philadelphia neighborhood. Donât miss out on this prime investment opportunity. Contact us today for more information or to schedule a viewing! The buyer will be responsible for obtaining the U&O.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved
How may I help you?
Get property information, schedule a showing or find an agent