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$175,000
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Property Description
Presenting 3120 Kensington Avenue - a high-visibility mixed-use building in the heart of Philadelphia's rapidly developing Kensington neighborhood. This two-story property offers a prime opportunity for owner-users, investors, or developers to reimagine and revitalize a well-located asset along one of the city's major commercial corridors. Zoned CMX-3, the building features a commercial storefront on the first floor, ideal for retail, office, or service-based businesses that benefit from steady foot and vehicle traffic along Kensington Avenue. The second floor is currently configured as storage, offering the potential for conversion to residential or office use, subject to zoning and renovation plans. While the building requires work, it offers a blank canvas for customization-whether for a boutique retail shop, neighborhood café, or a live/work space. The flexible zoning supports a range of uses, allowing buyers to adapt the space to meet market demand and community needs. This is a great opportunity to invest in a corridor that is seeing ongoing redevelopment and renewed interest from small businesses and residents alike. Buyers are encouraged to verify permitted uses with the city to fully leverage the property's potential. Whether you're an entrepreneur seeking a visible storefront or a developer looking to add value through thoughtful upgrades, 3120 Kensington Avenue offers the foundation for a strong investment!
Full Property Details
Full Property Details for 3120 Kensington Ave
General
- Price: $175,000
- Taxes: $1,455 (2024)
- Status: Active
- Type: Warehouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2480276
- Updated: 12/17/2025
- Added to Site: 280 day(s) ago
Business
- Business Type: Other/General Retail, Professional, Flex, Day Care Fa
Parking
- Parking Features: Public
- Parking Type: On Street
Location
- Area: 19134 (19134)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: KENSINGTON
- Cross Streets: Allegheny
- Driving Directions: Located on Kensington Avenue on the northern side of the street just prior to Allegheny Ave.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air
- Heating Fuel: Electric
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Building Size: 1840
- Year Built: 1915
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,840
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 115.00
- Zoning: CMX3
Financial Considerations
- Price Per Sq. Ft.: $95.11
- Assessment Year: 2025
- School Tax: $815
- City/TownTax: $640
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $104,000
- Tax Amount: $1,455
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 65
Listed by KW Empower, Ian J Perler
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Schools
Schools serving 3120 Kensington Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Elkin Lewis School 3199 D Street, Philadelphia, PA 19134 | K-4 | 0.3 mi |
Edison Hs/Fareira Skills 151 West Luzerne Street, Philadelphia, PA 19140 | 9-12 | 1.4 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 3120 Kensington Ave
Date
Details
Price
Change
Source
10/29/2025
Price Reduced
$175,000
-12.5%
MLS
5/16/2025
Listed
$200,000
—
MLS
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 3120 Kensington Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,456
—
$104,000
—
2024
$1,456
10%
$104,000
100%
2021
$1,328
8%
-100%
2023
$1,235
-7%
$88,200
-7%
2020
$1,328
1%
$94,900
1%
2019
$1,316
6%
$94,000
6%
2018
$1,242
-31%
$88,700
-31%
2017
$1,802
—
$128,700
—
2016
$1,802
4%
$128,700
—
2015
$1,725
—
$128,700
—
2014
$1,725
-6%
$128,700
583%
2013
$1,842
—
$18,848
—
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 3120 Kensington Ave
3120 Kensington Avenue, Philadelphia, PA 19134 (MLS# PAPH2480276) is a Warehouse property. 3120 Kensington Avenue is currently listed for $175,000 and was received on May 16, 2025. Want to learn more about 3120 Kensington Avenue? Do you have questions about finding other Warehouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

