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$275,000
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Property Description
7119 Woodland Ave | Southwest Philadelphia | IRMX Zoning | Triplex Rare opportunity to acquire an income-producing triplex situated on a 2,254 sq ft lot with 2,175 sq ft of building area, zoned IRMX , one of Philadelphia's most flexible and sought after industrial mixed-use designations. The property currently operates as a 3-unit residential building with two occupied units generating immediate cash flow. The 2nd and 3rd floor units are in great condition with quality, paying tenants in place. The 1st floor unit is vacant and needs only light renovation. A straightforward value-add opportunity to bring the property to full occupancy. What makes this property truly stand out is the IRMX zoning. By right, IRMX allows multi-family residential, artist studios, artisan industrial, office, warehouse, restaurant, and a wide range of commercial uses, with no required rear yard setback, up to 75% lot coverage, and a maximum building height of 60 feet. An investor or developer can build out the existing footprint, add a rear structure to the property line, or pursue a mixed-use redevelopment all without needing a variance. Income today. Upside tomorrow. Don't miss this one.
Full Property Details
Full Property Details for 7119 Woodland Ave
General
- Price: $275,000
- Taxes: $1,639 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2605076
- Updated: 4/12/2026
- Added to Site: 15 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Parking Type: On Street
Location
- Area: 19142 (19142)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: ELMWOOD PARK
- Cross Streets: 71st and Woodland Ave
- Driving Directions: Between 71st and 72nd Street on Woodland Ave
School Information
- High School: John Bartram
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Foundation: Concrete Perimeter
- Roof: Flat
- Building Size: 2175
- Year Built: 1915
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 3
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,254
- Lot Size Source: Estimated
- Lot Dimensions: Frontage: 16.00 Depth: 141.00 SQFT: 2, 254 Acres: 0.0517
- Zoning: IRMX
Financial Considerations
- Price Per Sq. Ft.: $126.44
- For Lease: Yes
- School Tax: $917
- County Tax Freq: Annually
- Tax w/Assessment: $117,100
- Tax Amount: $1,639
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants personal belongings
- Lot Number: 60
Listed by Realty Mark Cityscape, Sandra E Butler
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Schools
Schools serving 7119 Woodland Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Catharine Joseph School 6600 Chester Avenue, Philadelphia, PA 19142 | K-5 | 0.6 mi |
Tilden William T Middle School 6601 Elmwood Avenue, Philadelphia, PA 19142 | 6-8 | 0.6 mi |
Bartram John - Main 2401 South 67th Street, Philadelphia, PA 19142 | 9-12 | 0.6 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 7119 Woodland Ave
Date
Details
Price
Change
Source
4/08/2026
Listed
$275,000
450%
MLS
11/16/2020
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 7119 Woodland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,827
11%
$117,100
—
2025
$1,639
—
$117,100
—
2024
$1,639
41%
$117,100
100%
2021
$1,165
-36%
-100%
2023
$1,827
57%
$130,500
57%
2020
$1,165
1%
$83,200
1%
2019
$1,153
3%
$82,400
3%
2018
$1,120
-51%
$80,000
-51%
2017
$2,282
—
$163,000
—
2016
$2,282
4%
$163,000
—
2015
$2,184
—
$163,000
—
2014
$2,184
29%
$163,000
840%
2013
$1,695
—
$17,344
—
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 7119 Woodland Ave
7119 Woodland Avenue, Philadelphia, PA 19142 (MLS# PAPH2605076) is a Apartment property. 7119 Woodland Avenue is currently listed for $275,000 and was received on April 08, 2026. Want to learn more about 7119 Woodland 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.

