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$310,000
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Property Description
Prime Mixed-Use Investment Opportunity on Kensington Ave Discover the potential of this expansive mixed-use property in a high-traffic corridor on Kensington Ave. This double-lot building offers flexible retail and residential possibilities, with space for one or two retail storefronts and two residential rehab opportunities. Currently configured for retail use, the property features three floors of shelving for inventory, soaring ceilings with an industrial aesthetic, and a structurally sound framework-ideal for adaptive reuse. Zoned for commercial or residential development, it presents a rare opportunity to create a three-story income-producing asset. Strategically located just steps from Allegheny Station, tenants and customers will enjoy seamless access to public transportation. The property is also conveniently less than five minutes from I-95, making it a prime spot for businesses and residents alike. Recent upgrades include a new HVAC system (installed five years ago) and a silver-coated roof (2024). This is an excellent opportunity for landlords, developers, seasoned investors, and business owners looking to capitalize on a thriving area. Don't miss out-contact the listing agent today for a showing!
Full Property Details
Full Property Details for 3149-3151 Kensington Ave
General
- Sold For: $310,000
- Taxes: $2,410 (2024)
- Status: Closed
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2440498
- Added to Site: 380 day(s) ago
Business
- Business Type: Apartment Building, Other/General Retail
Parking
- Parking Type: On Street
Location
- Area: 19134 (19134)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: GPS
- Location Details: Urban
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Foundation: Stone
- Stories/Levels: 3
- Building Size: 2800
- Year Built: 1915
- Year Built Source: Assessor
- Property Condition: Average
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,141
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 71.00
- Zoning: CMX25
Financial Considerations
- Price Per Sq. Ft.: $124.64
- Assessment Year: 2025
- School Tax: $787
- City/TownTax: $618
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $100,500
- Tax Amount: $2,410
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Office Safes, Store counters, and shelves
- Lot Number: 207
Listed by Coldwell Banker Hearthside, Matthew White
Sold by Silver and Oak Realty, Nafisa Jane Patel
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Price & Sales History for 3149-3151 Kensington Ave
Date
Details
Price
Change
Source
12/16/2025
Sold
$310,000
-11.17%
MLS
7/17/2025
Price Reduced
$349,000
-12.53%
MLS
6/16/2025
Price Reduced
$399,000
-9.11%
MLS
3/28/2025
Price Reduced
$439,000
-6.4%
MLS
2/06/2025
Listed
$469,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3149-3151 Kensington Avenue, Philadelphia, PA 19134 (MLS# PAPH2440498) is a Apartment property that was sold at $310,000 on December 16, 2025. Want to learn more about 3149-3151 Kensington 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.

