AS IS SALE. The buyer earns the right to cash flow, equity growth and tax benefits. This property has to be purchased with 2922 Frankford Ave and 2928 Frankford Ave as all three properties are connected on the basement and first floor levels. Currently the basement and first floor levels for these properties are being used as storage, office and workshop space. 2924-26 has 4 rented apartments in it bringing in $2,575 / month gross. Rents are $600 / month, $565 / month, $585 / month, $825 / month. There are 2 vacant apartments at this property. Value add, investor special. For economies of scale & optimal density these properties can be purchased with 3403 Frankford Ave, 3405 Frankford Ave, 3551 Kensington Ave, 3553 Kensington Ave, 1909 E Ontario St & 1911 E Cambria St as a package deal for $1,890,000 total.
Listed by Nile Thompson
·
License #RS344703
·
KW Commercial
·
4845570907
Last updated June 09, 2026
·
Source: BrightMLS #PAPH2623068
Listing Facts
TypeMulti-family
NeighborhoodRichmond
Days on Prevu30
Taxes$3,464/year
Size6,060 sqft
Price per sqft$76
Location
Mortgage Calculator
Listing History
06/09/2026
Price Increased
$462,000
05/17/2026
Listed by KW Commercial
$420,000
Property Details for 2924-26 Frankford Avenue
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Year Built: 1915
Architectural Style: Other
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Size Acres: 0.06
Lot Size Source: Estimated
Lot Size Square Feet: 2,614
Lot Size Units: Square Feet
Financial
Residential Income
Gross Income: $30,900.00
Taxes
Tax Annual Amount: $3,464.00
Tax Year: 2026
Interior
Measurements
Living Area: 6,060
Living Area Source: Assessor
Rooms
Basement: Combination
Has Basement: Yes
Other
Features
Accessibility Features: Doors - Swing In
General
Exclusions: All items at the property owned by the tenants.
Location
Tax Lot: 194
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Window Unit(s)
Heating: Heat Pump(s)
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 2924-26 Frankford Avenue.
What are the annual taxes for 2924-26 Frankford Avenue?
Annual taxes for this multi-family home are estimated at $3,464.
How does 2924-26 Frankford Avenue compare to other multi-family homes in Richmond?
This multi-family home is listed 30% below the average price for multi-family homes in Richmond and has been on the market for 67 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 6,060 sqft.
2924-26 Frankford Avenue is a -bedroom multi-family home for sale in PHILADELPHIA PA 19134. Available on Prevu for 30 days at $462,000. This includes a recent price increase of $42,000. This residence features 6,060 square feet of living space, located in Richmond. The median listing price for multi-family homes in this area is $259,950. View other multi-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.
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.