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2831 Frankford AvenuePhiladelphia, PA 19134

For Sale

$450,000

Smart Buyer Rebate $3,750

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

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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.

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.