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$385,000

  • For Sale
  • Active
  • Apartment
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AS IS SALE. The buyer earns the right to cash flow, equity growth and tax benefits. This property has to be purchased with 2922 Frankford Ave and 2924-26 Frankford Ave as all three properties are connected on the basement and first floor levels. Currently the basement and first floor levels for these three properties are being used as storage, office and workshop space. 2928 Frankford Ave has 5 rented apartments in it bringing in $3,035 / month gross. Rents are $825 / month, $510 / month, $565 / month, $565 / month and $570 / month. Value add, investor special. For economies of scale & optimal density these properties can be purchased with 3403 Frankford Ave, 3405 Frankford Ave, 3551 Kensington Ave, 3553 Kensington Ave, 1909 E Ontario St & 1911 E Cambria St as a package deal for $1,890,000 total.

Full Property Details for 2928 Frankford Ave

General

  • Price: $385,000
  • Taxes: $2,752 (2026)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2623118
  • Updated: 6/9/2026
  • Added to Site: 28 day(s) ago

Business

  • Business Type: Apartment Building

Parking

  • Parking Type: On Street

Location

  • Area: 19134 (19134)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Driving Directions: Use GPS

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Water Heater: 60+ Gallon Tank

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Masonry
  • Drive-In Doors: 1
  • Building Size: 2868
  • Year Built: 1915
  • Year Built Source: Estimated

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,307
  • Lot Size Source: Estimated
  • Zoning: RM1

Financial Considerations

  • Price Per Sq. Ft.: $134.24
  • School Tax: $1,541
  • County Tax Freq: Annually
  • Tax w/Assessment: $196,600
  • Tax Amount: $2,752
  • Tax Year: 2026

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Everything at the property owned by the tenants.
  • Inclusions: Everything at the property owned by the seller.
  • Investment: Yes

Listed by KW Commercial, Nile Thompson

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Listing agent

— 2928 Frankford Ave —

  • Nile Thompson

    KW Commercial

Listing Office Email: dspecht@kwcommercial.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2928 Frankford Ave

School District:Philadelphia City School District
NameGradesDistance
Willard Frances E School
2900 Emerald Street, Philadelphia, PA 19134
K-40.1 mi
Kensington HS
2501 Coral Street, Philadelphia, PA 19125
9-120.7 mi
Kensington Culinary Arts
2463 Emerald Street, Philadelphia, PA 19125
9-120.7 mi
Kensington Creative & Performing Arts High School
1901 North Front Street, Philadelphia, PA 19122
9-121.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2928 Frankford Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/09/2026
Price Increased
$385,000
83.33%
MLS
5/17/2026
Listed
$210,000
—
MLS
Get Price Alerts and Save Property
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 for 2928 Frankford Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,752
—
$196,600
—
2024
$2,752
87%
$196,600
100%
2021
$1,470
-51%
-100%
2023
$3,029
52%
$216,400
52%
2020
$1,988
8%
$142,000
8%
2019
$1,845
19%
$131,800
19%
2018
$1,547
47%
$110,500
47%
2017
$1,050
—
$75,000
—
2016
$1,050
-38%
$75,000
-41%
2015
$1,704
—
$127,200
—
2014
$1,704
47%
$127,200
974%
2013
$1,157
—
$11,840
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by KW Commercial, Nile Thompson

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2928 Frankford Avenue, Philadelphia, PA 19134 (MLS# PAPH2623118) is a Apartment property. 2928 Frankford Avenue is currently listed for $385,000 and was received on May 17, 2026. Want to learn more about 2928 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.

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