3214-16 Frankford Ave, PHILADELPHIA, PA

About 3214-16 Frankford Ave

Mix-use building in a upcoming area! 8 residential units, 1 store front and 1 office. It is a prime value-add opportunity for investors seeking entry into Philadelphia’s growing multifamily and mixed-use market. Located along the rapidly evolving Frankford Avenue corridor, this property offers strong potential for conversion into a mixed-use asset with ground-floor commercial and residential units above (buyer to verify zoning and permitted uses). The existing structure provides a blank canvas for redevelopment, allowing investors to design an income-producing property tailored to current market demand. The surrounding area continues to see steady growth, with nearby development activity and increasing rental demand driving long-term appreciation. This location benefits from strong visibility, public transit access, and proximity to Fishtown, making it attractive to both residential tenants and small business operators. Ideal for investors looking to execute a value-add strategy, create long-term cash flow, or establish a foothold in an emerging submarket. Four units are rented, two more units are recently rehabbed and waiting for new tenants. Units are offering modern laminate flooring, fresh paint, separate kitchen with oak cabinets and plenty of storage.

Listing Map