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$350,000
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Property Description
This RARE mixed-use investment opportunity features a full street-level commercial storefront with excellent visibility and an existing sign that is grandfathered with lifetime rights, no renewal is required. The commercial space also benefits from a grandfathered pawnshop zoning designation that does not require renewal. Above the store are two spacious, recently renovated residential apartments, each offering three bedrooms and one full bathroom, providing strong and stable income potential. The property is ideally located just minutes from Jefferson Frankford Hospital, along with surrounding medical offices and neighborhood services that contribute to steady foot traffic and tenant demand. It also offers convenient transit access near the Frankford Transportation Center, connecting to the Market-Frankford Line and multiple bus routes for easy commuting throughout the city. Positioned along a busy commercial corridor, this property is well-suited for investors seeking a combination of commercial exposure, residential rental income, and long-term value with turnkey potential.
Full Property Details
Full Property Details for 4723 Frankford Ave
General
- Price: $350,000
- Taxes: $1,821 (2025)
- Status: Active
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: PAPH2572244
- Updated: 1/10/2026
- Added to Site: 12 day(s) ago
Business
- Business Type: Other/General Retail
Additional Information
- Security/Safety: Security System
Parking
- Total Spaces: 2
- Parking Type: On Street
Location
- Area: 19124 (19124)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: FRANKFORD
- Cross Streets: Foulkrod
- Driving Directions: From I-95, take the exit for Cottman Avenue and head west. Turn left onto Frankford Avenue. Continue north on Frankford Avenue; the property is located on the right-hand side.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Heat Pump(s)
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry, Brick
- Building Size: 3045
- Year Built: 1930
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,386
- Lot Size Source: Assessor
- Lot Dimensions: 17.00 x 82.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $114.94
- Assessment Year: 2025
- School Tax: $1,019
- City/TownTax: $801
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $130,100
- Tax Amount: $1,821
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 158
Listed by Realty Mark Associates, Valeriya Moroz
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Schools
Schools serving 4723 Frankford Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Harding Warren G Middle School 2000 Wakeling Street, Philadelphia, PA 19124 | 7-8 | 0.5 mi |
Frankford High School 5000 Oxford Avenue, Philadelphia, PA 19124 | 9-12 | 0.3 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 4723 Frankford Ave
Date
Details
Price
Change
Source
1/07/2026
Listed
$350,000
600%
MLS
5/15/2020
Sold
$50,000
—
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 4723 Frankford Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,821
—
$130,100
—
2024
$1,821
-6%
$130,100
100%
2021
$1,939
22%
-100%
2023
$1,594
-18%
$113,900
-18%
2020
$1,939
1%
$138,500
1%
2019
$1,921
3%
$137,200
3%
2018
$1,866
-14%
$133,300
-14%
2017
$2,174
—
$155,300
—
2016
$2,174
4%
$155,300
—
2015
$2,081
—
$155,300
—
2014
$2,081
39%
$155,300
911%
2013
$1,501
—
$15,360
—
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 4723 Frankford Ave
4723 Frankford Avenue, Philadelphia, PA 19124 (MLS# PAPH2572244) is a Retail property. 4723 Frankford Avenue is currently listed for $350,000 and was received on January 07, 2026. Want to learn more about 4723 Frankford Avenue? Do you have questions about finding other Retail real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

