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For sale
  • $4,150,000

    2045 Trenton 49 Ave, Philadelphia, PA 19125

    20beds
    --baths
    13,277sqft
    : 
    $26,500/mo
    Get pre-qualified
    Multi Family
    Built in 1903
    -- sqft lot
    $3,892,200 Zestimate®
    $313/sqft
    $-- HOA

    What's special

    Prime walkable locationModern finishesOversized windowsIndustrial characterExposed brickOriginal beams
    Reda Akbil Team and Compass Commercial proudly present the opportunity to acquire 2045–49 Trenton Avenue, a 100% fully leased, turnkey, tax-abated 12-unit multifamily asset located in the heart of Fishtown. Positioned just steps from Frankford Avenue, the property offers a highly desirable unit mix of spacious one- and two-bedroom apartments that seamlessly blend modern finishes with industrial character. Each unit features elements such as exposed brick, original beams, ductwork, oversized windows, and ceiling heights reaching up to 18 feet, creating a distinctive product that consistently drives strong tenant demand and ease of leasing. Situated along the historic cobblestone stretch of Trenton Avenue, the property benefits from a prime, walkable location surrounded by some of Philadelphia’s top restaurants, bars, and cafés,placing it firmly within one of the city’s most sought-after and rapidly appreciating neighborhoods. 2045–49 Trenton Avenue is truly a one-of-a-kind asset that must be experienced in person to fully appreciate its scale, character, and design. There are few, if any, comparable offerings currently available in Fishtown, Philadelphia’s premier investment submarket. The property is located within a Qualified Opportunity Zone and is 100% leased, with professional management in place and approximately seven (7) years remaining on the FULL tax abatement, offering a stable, passive investment profile. The unit mix consists of: 4 one-bedroom units averaging 800 SF 8 two-bedroom units averaging 1,000 SF Fishtown continues to thrive as a vibrant, amenity-rich neighborhood known for its strong rental demand, active community, nightlife, and proximity to Center City,further reinforcing the property’s long-term growth potential. A rare opportunity to acquire a stabilized, high-quality asset in one of Philadelphia’s most dynamic submarkets.
    87 days
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    228
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    21
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    Zillow last checked:

    Listing updated:

    Listed by:

    Reda Akbil 267-205-1369,

    Compass RE 2674358015

    Source: Bright MLS,MLS#: PAPH2610704MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 20
      Basement
      • Area: 0
      Heating
      • Forced Air, Central, Natural Gas
      Cooling
      • Central Air, Natural Gas
      Appliances
      • Included: Gas Water Heater
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 13,277
      • Total interior livable area: 13,277 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 3,947 Square Feet
      • Dimensions: 41.00 x 100.00
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 881068777
      • Zoning: ICMX
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Masonry
      Condition
      • New construction: No
      • Year built: 1903
      • Major remodel year: 2023

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Philadelphia
      • Municipality: PHILADELPHIA

      Financial & listing details

      • Price per square foot: $313/sqft
      • Tax assessed value: $402,200
      • Annual tax amount: $5,629
      • Date on market: 5/7/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        $3,892,200

        $3.70M - $4.09M

        $1,622/mo

        Price history

        DateEventPrice
        5/7/2026Listed for sale$4,150,000+6.4%$313/sqft
        Source: Bright MLS #PAPH2610704 Report a problem
        10/21/2022Sold$3,900,000-4.9%$294/sqft
        Source: Bright MLS #PAPH975436 Report a problem
        6/11/2022Pending sale$4,099,999$309/sqft
        Source: Bright MLS #PAPH975436 Report a problem
        5/6/2022Contingent$4,099,999$309/sqft
        Source: Bright MLS #PAPH975436 Report a problem
        10/26/2021Listed for sale$4,099,999$309/sqft
        Source: Bright MLS #PAPH975436 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: East Kensington

        Getting around

        89 / 100
        Very Walkable
        69 / 100
        Good Transit
        84 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Philadelphia City

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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