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2228 Frankford Avenue

Philadelphia, PA 19125

– beds
– baths
2,376 sqft
900 sqft lot
$302 per sqft
2017 build

Don’t miss this rare opportunity to own a fully occupied, income-producing mixed-use triplex in the heart of Fishtown—one of Philadelphia’s most dynamic and desirable neighborhoods. This versatile property features two updated residential units and a prime ground-floor commercial space, offering a diverse and stable revenue stream from day one. The two residential units are thoughtfully designed with modern finishes, hardwood floors, and plenty of natural light—making them ideal rentals for tenants who want to be steps from Fishtown’s thriving scene of restaurants, coffee shops, and boutiques. The commercial storefront offers high visibility, strong foot traffic, and flexible usability for a variety of businesses, from retail to office or studio space. With large display windows and a welcoming entrance, it’s an ideal setup for any entrepreneur looking to tap into the energy of the neighborhood. This property is not only turn-key, but it's also a strategic long-term hold. Fishtown’s continued growth and popularity among young professionals, creatives, and families make this an excellent opportunity for investors looking to add a high-performing asset to their portfolio. The property's close proximity to public transportation and major roadways adds even more appeal for tenants and customers alike. All three units are currently leased, providing immediate cash flow. Whether you're expanding your investment portfolio or looking for a prime location for your business, this mixed-use property offers the perfect balance of functionality, visibility, and future potential. Showings are by appointment only—please do not enter the commercial space unless you’re a patron of the business. Contact the listing agent for lease terms and rent roll details.

Listing courtesy of BRIGHT / BHHS Fox & Roach The Harper at Rittenhouse Square

Last checked: Checking… • Last updated Apr 24, 2025 •

MLS# PAPH2473246 —

The Building

Year Built:

2017
Year Built Source:

Estimated
New Construction:

No
Construction Materials:

Masonry
Building Units Total:

3
Structure Type:

Interior Row/Townhouse
Architectural Style:

Contemporary
Accessibility Features:

None
Foundation Details:

Permanent
Basement:

Yes
Basement Type:

Unfinished
Total SqFt Source:

Estimated

Interior

Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

2376
Living Area SqFt:

2,376 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Negotiable
Possession:

Negotiable

Location

Directions:

off of E Dauphin St
Latitude:

39.98038101
Longitude:

-75.12904358

The Property

Property Type:

Multi-Family
Property Subtype:

Triplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.02
Lot Size Source:

Estimated
Lot Size Dimensions:

18.00 x 50.00
Lot Dimensions Source:

Estimated
Lot SqFt:

900 Sqft
Exclusions:

All tenants personal property
Zoning:

CMX2
Other Structures:

Above Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

Y50
Ground Rent Exists:

Yes
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

871402385
Tax Year:

2024
Tax Lot:

221
Tax Annual Amount:

$1,439
Tax Assessed Value:

$102,840
Year Assessed:

2025
School Tax:

806.0
City/Town Tax:

633.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Other
Heating:

Yes
Heating Type:

Other
Heating Fuel:

Other

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Other
Water Source:

Public

Schools

School District Name:

Philadelphia City
School District Source:

Listing Agent

The Community

Pool:

No Pool
Association Recreation Fee:

No

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Other Units:

Unit 1,Unit 2,Unit 3
Vacation Rental:

No
One Bedroom Units:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/22/25 Apr 22, 2025	Listed / Active	BRIGHT	$719,900

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This multifamily located in River Wards, Philadelphia, PA 19125 is currently for sale for $719,900. 2228 Frankford Avenue is a 2,376 square foot multifamily with – beds and – baths. 2228 Frankford Avenue is in the River Wards neighborhood of Philadelphia and has a WalkScore® of 92, making it a walker’s paradise. This multifamily is in the attendance area of Hackett School and Penn Treaty School.

Listing Courtesy of: BRIGHT and BHHS Fox & Roach The Harper at Rittenhouse Square.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.