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$900,000
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Property Description
Rare mixed-use investment opportunity in the heart of rapidly transforming East Kensington! Offering a three-property package sale for $900,000, including 2603, 2605, and 2607 Frankford Avenue-all zoned CMX-2, providing exceptional flexibility for future redevelopment, commercial use, and long-term hold strategies. This stretch of Frankford Avenue continues to see strong momentum with new construction, local business growth, and neighborhood improvements, making this an ideal opportunity for investors, developers, and owner-users looking to secure a foothold in one of Philadelphia's most active emerging corridors. One of the biggest advantages of this package is the visibility and exposure that comes with being located directly along Frankford Avenue. Strategically positioned on Frankford Avenue, a major corridor with consistent traffic counts, offering exceptional branding and customer visibility, this location is ideal for an operator looking to establish a destination concept, capture neighborhood activity, and benefit from constant daily exposure. The highlight of the package is 2607 Frankford Avenue, a unique industrial/garage-style building that spans from Frankford Avenue through to Amber Street, creating a rare through-lot footprint with multiple points of access. In addition to the expansive interior garage space, the property also features a generously sized driveway area with potential parking for approximately four vehicles, offering added convenience and versatility. Buyers can explore a wide variety of potential uses (subject to City approvals), including conversion into a trendy neighborhood destination such as a coffee shop, brewery/taproom concept, car wash, creative studio, maker space, or other high-demand commercial concepts that align with the continued growth happening throughout the area. With three adjacent properties under the same CMX-2 zoning designation, this package presents an outstanding value-add opportunity for those seeking to reposition, redevelop, or hold for future appreciation as East Kensington continues to evolve. Buyer to verify zoning, permitted uses, and development potential with Philadelphia L&I and all appropriate professionals.
Full Property Details
Full Property Details for 2603 Frankford Ave
General
- Price: $900,000
- Taxes: $3,918 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2573226
- Updated: 1/14/2026
- Added to Site: 9 day(s) ago
Business
- Business Type: Apartment Building, Professional
Interior
- Flooring: Wood
Parking
- Total Spaces: 10
- Parking Type: On Street, Driveway, Private Garage
Location
- Area: 19125 (19125)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: EAST KENSINGTON
- Cross Streets: Huntington
- Driving Directions: 2603 FRANKFORD AVE
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Natural Gas
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Foundation: Brick/Mortar
- Building Size: 1629
- Year Built: 1875
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 901
- Lot Size Source: Assessor
- Lot Dimensions: 18.00 x 38.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $552.49
- Assessment Year: 2025
- School Tax: $2,194
- City/TownTax: $1,723
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $279,900
- Tax Amount: $3,918
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Ask the listing agent
- Inclusions: Ask the listing agent
- Lot Number: 249
Listed by BHHS Fox & Roach-Blue Bell, Benjamin Wong
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Schools
Schools serving 2603 Frankford Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Brown Henry A School 1946 East Sergeant Street, Philadelphia, PA 19125 | K-8 | 0.2 mi |
Kensington HS 2501 Coral Street, Philadelphia, PA 19125 | 9-12 | 0.2 mi |
Kensington Culinary Arts 2463 Emerald Street, Philadelphia, PA 19125 | 9-12 | 0.2 mi |
Kensington Creative & Performing Arts High School 1901 North Front Street, Philadelphia, PA 19122 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2603 Frankford Ave
Date
Details
Price
Change
Source
1/10/2026
Listed
$900,000
350%
MLS
8/01/2023
Sold
$200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2603 Frankford Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,918
—
$279,900
—
2024
$3,918
34%
$279,900
100%
2021
$2,921
-19%
-100%
2023
$3,596
23%
$256,900
23%
2020
$2,921
—
$208,700
—
2019
$2,920
26%
$208,600
26%
2018
$2,319
—
$165,700
—
2017
$2,319
22%
$165,700
—
2016
$1,900
-6%
$165,700
9%
2015
$2,031
—
$151,600
—
2014
$2,031
225%
$151,600
2269%
2013
$625
—
$6,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2603 Frankford Ave
2603 Frankford Avenue, Philadelphia, PA 19125 (MLS# PAPH2573226) is a Apartment property. 2603 Frankford Avenue is currently listed for $900,000 and was received on January 10, 2026. Want to learn more about 2603 Frankford Avenue? Do you have questions about finding other Apartment real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

