Investor Opportunity – 2829–2831 Frankford Ave, Philadelphia, PA
Unique package opportunity along the Frankford Avenue corridor. This offering includes 2831 Frankford Ave, a 3-story detached single-family property with basement totaling approximately 1,924 sq ft, along with the adjacent vacant corner lot at 2829 Frankford Ave, creating multiple value-add possibilities for investors and developers.
Located along Frankford Ave between E Somerset St and E Cambria St, the properties sit in a highly visible stretch of the corridor with continued residential and commercial activity.
2831 Frankford Ave comes with architectural plans already completed for a full interior renovation, reconfiguring the property into a large 5-bedroom single-family residence with an open living/dining layout, full kitchen, multiple bathrooms, and a finished basement featuring recreation space, kitchenette, and laundry. The plans also outline energy-efficient windows, updated framing, modernized mechanical layouts, and a new basement egress well, providing a clear framework for redevelopment and code compliance.
2829 Frankford Ave is a vacant CMX-3 zoned corner lot, offering frontage and development potential on both sides of 2831 Frankford Ave. The corner positioning provides excellent visibility and flexibility for new construction, mixed-use possibilities, or expansion of the neighboring property. With city utilities nearby (water, gas, sewer) and strong redevelopment activity throughout the surrounding area, the parcel offers flexibility for builders and long-term investors.
Investment Potential
This combined offering allows buyers to:
Listed by Kyle Marquis Brown
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License #RS347334
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SERHANT PENNSYLVANIA LLC
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2674813793
Last updated March 09, 2026
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Source: BrightMLS #PAPH2591776
Listing Facts
TypeSingle-family
NeighborhoodRichmond
Bedrooms5
Bathrooms2
Days on Prevu7
Taxes$2,754/year
Size1,491 sqft
Price per sqft$302
Amenities
Parking
Location
Mortgage Calculator
Listing History
03/09/2026
Listed by SERHANT PENNSYLVANIA LLC
$450,000
Property Details for 2831 Frankford Avenue
Exterior
Construction
New Construction: No
Year Built: 1915
Architectural Style: A-Frame
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.02
Lot Size Dimensions: 15
Lot Size Source: Assessor
Lot Size Square Feet: 850
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $2,754.00
Tax Year: 2025
Interior
Features
Fireplace: No
Measurements
Living Area: 1,491
Living Area Source: Assessor
Rooms
Basement: Walkout Level
Has Basement: Yes
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 5
Main Level Bedrooms: 5
Other
Features
Accessibility Features: 2+ Access Exits
General
Senior Community: No
Location
Subdivision Name: KENSINGTON
Tax Lot: 247
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Central A/C
Heating: Central
Has Heating: Yes
Sewer: Public Septic
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this single-family home have?
There are 5 bedrooms and 2 bathrooms in this single-family home at 2831 Frankford Avenue.
What are the annual taxes for 2831 Frankford Avenue?
Annual taxes for this single-family home are estimated at $2,754.
How does 2831 Frankford Avenue compare to other single-family homes in Richmond?
This single-family home is listed 67% above the average price for single-family homes in Richmond and has been on the market for 90 less days than the typical home in this area.
What is the square footage on this single-family home?
According to the MLS, this listing is 1,491 sqft.
2831 Frankford Avenue is a 5-bedroom, 2-bath single-family home for sale in PHILADELPHIA PA 19134. Listed on Prevu for 7 days at $450,000. This property features 1,491 square feet of living space, located in Richmond. The median listing price for single-family homes in this area is $259,950. Additional amenities include parking. Browse more single-family home listings in Philadelphia.
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