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$189,900 Just Listed
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Property Description
Welcome to 4745 Penn Street - A Unique Mixed-Use Opportunity in Frankford! Located in the Frankford section of Philadelphia, this 1,200 SF warehouse offers endless possibilities for business owners, investors, or owner-occupants. The main level features a spacious open floor plan with an overhead garage door-ideal for storage, or creative workspace. There is also an office area and a convenient half bath, making it perfectly suited for day-to-day operations. Upstairs, you'll find a one-bedroom apartment, providing an excellent opportunity for additional rental income or comfortable on-site living. A separate vacant lot located at the rear of the property on 4732 Oxford Ave is also available for purchase (currently listed). This additional parcel offers incredible potential for private parking, expanded operations, outdoor storage, or future development. Whether you're looking to grow your business, invest, or create a live/work space, this property delivers value and flexibility. Motivated seller, this opportunity won't last!. Schedule your appointment today
Full Property Details
Full Property Details for 4745 Penn St
General
- Price: $189,900
- Taxes: $705 (2025)
- Status: Active
- Type: Commercial
- Source: BrightMLSPhilly
- MLS ID: PAPH2584232
- Updated: 2/20/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Other
Parking
- Total Spaces: 4
- Parking Type: On Street
Location
- Area: 19124 (19124)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Penn St and Oxoford ave.
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Drive-In Doors: 1
- Building Size: 1200
- Year Built: 1940
- Year Built Source: Assessor
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,267
- Lot Size Source: Assessor
- Lot Dimensions: 20.00 x 63.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $158.25
- Assessment Year: 2025
- School Tax: $395
- City/TownTax: $310
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $50,400
- Tax Amount: $705
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 445
Listed by Re/Max One Realty, Francisco Neto
Get Pre-Approved Today
Schools
Schools serving 4745 Penn St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Marshall John School 4500 Griscom Street, Philadelphia, PA 19124 | K-5 | 0.3 mi |
Harding Warren G Middle School 2000 Wakeling Street, Philadelphia, PA 19124 | 7-8 | 0.7 mi |
Frankford High School 5000 Oxford Avenue, Philadelphia, PA 19124 | 9-12 | 0.2 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 4745 Penn St
Date
Details
Price
Change
Source
2/20/2026
Listed
$189,900
245.27%
MLS
3/02/2018
Sold
$55,000
—
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 4745 Penn St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$706
—
$50,400
—
2024
$706
-1%
$50,400
-1%
2023
$711
6%
$50,800
100%
2021
$670
-6%
-100%
2022
$711
6%
$50,800
6%
2020
$670
—
$47,900
—
2019
$670
—
$47,900
—
2018
$672
—
$48,000
—
2017
$672
—
$48,000
—
2016
$672
5%
$48,000
—
2015
$643
—
$48,000
—
2014
$643
-39%
$48,000
346%
2013
$1,051
—
$10,752
—
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 4745 Penn St
4745 Penn Street, Philadelphia, PA 19124 (MLS# PAPH2584232) is a Commercial property. 4745 Penn Street is currently listed for $189,900 and was received on February 20, 2026. Want to learn more about 4745 Penn Street? Do you have questions about finding other Commercial real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

