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Sold for $615,000
  • $615,000

    2228 Frankford Ave, Philadelphia, PA 19125

    2beds
    3baths
    2,376sqft
    Townhouse
    Built in 2017
    -- sqft lot
    $-- Zestimate®
    $259/sqft
    $2,588 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,588/mo

    Zestimate® history
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    What's special

    Well-appointed unitsStrong signage exposure
    Located in the heart of Philadelphia’s thriving Fishtown neighborhood, 2228 Frankford Avenue presents a prime mixed-use investment opportunity along one of the city’s most dynamic commercial corridors. This well-positioned property offers a blend of stable income potential and long-term appreciation in a highly sought-after area known for its vibrant dining, retail, and arts scene. The building features a ground-floor commercial space with excellent street visibility, high foot traffic, and strong signage exposure—ideal for retail, restaurant, or service-oriented tenants. Above, the residential component provides additional income with well-appointed units that appeal to the area’s growing population of young professionals and creatives. Surrounded by popular local businesses, cafes, and boutique shops, the property benefits from consistent pedestrian activity and easy access to public transportation, including the Market-Frankford Line. Its proximity to Center City and major thoroughfares further enhances tenant demand and accessibility. Whether you’re an investor seeking a turnkey asset or looking to add value through repositioning, 2228 Frankford Avenue offers a compelling opportunity in one of Philadelphia’s most rapidly appreciating neighborhoods. With strong rental upside and a location that continues to attract both residents and businesses alike, this property is well-suited for long-term portfolio growth.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jafar Maleki 215-852-2040,

    BHHS Fox & Roach-Center City Walnut,

    Listing Team: Insight Property Advisors.Com, Co-Listing Agent: Ian Smith 856-491-3558,

    BHHS Fox & Roach-Center City Walnut

    Bought with:

    Joy Avila

    KW Empower

    Source: Bright MLS,MLS#: PAPH2605720MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    Heating
    • Other
    Cooling
    • Central Air, Other
    Appliances
    • Included: Water Heater
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,376
    • Total interior livable area: 2,376 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 900 Square Feet
    Details
    • Additional structures: Above Grade
    • Parcel number: 871402385
    • Zoning: CMX2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Townhouse
    Materials
    • Masonry
    • Foundation: Permanent
    Condition
    • New construction: No
    • Year built: 2017

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Financial & listing details

    • Price per square foot: $259/sqft
    • Tax assessed value: $102,840
    • Annual tax amount: $1,439
    • Date on market: 4/10/2026
    • Listing agreement: Exclusive Agency
    • Listing terms: Negotiable,Cash,Conventional
    • Exclusions: All Tenants Personal Property
    • Ownership: Fee Simple
    • Total actual rent: 61740

    Price history

    DateEventPrice
    6/4/2026Sold$615,000-2.4%$259/sqft
    Source: Bright MLS #PAPH2605720 Report a problem
    4/21/2026Contingent$630,000$265/sqft
    Source: Bright MLS #PAPH2605720 Report a problem
    4/10/2026Listed for sale$630,000-8%$265/sqft
    Source: Bright MLS #PAPH2605720 Report a problem
    6/17/2025Listing removed$685,000$288/sqft
    Source: Bright MLS #PAPH2473246 Report a problem
    5/28/2025Price change$685,000-2%$288/sqft
    Source: Bright MLS #PAPH2473246 Report a problem
    5/5/2025Price change$699,000-2.9%$294/sqft
    Source: Bright MLS #PAPH2473246 Report a problem
    4/22/2025Listed for sale$719,900+6.7%$303/sqft
    Source: Bright MLS #PAPH2473246 Report a problem
    10/14/2024Listing removed$675,000$284/sqft
    Source: Bright MLS #PAPH2396288 Report a problem
    9/12/2024Listed for sale$675,000+575%$284/sqft
    Source: Bright MLS #PAPH2396288 Report a problem
    4/2/2014Sold$100,000$42/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,198 +395.9%$514,200 -0.9%
    2024$1,452 $518,700
    2023$1,452 +5%$518,700
    2022$1,383 --
    2021$1,383 -79.8%--
    2018$6,848 --
    Find assessor info on the county website

    Neighborhood: East Kensington

    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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