Welcome home to a prime investment opportunity in the Elmwood Park neighborhood in Philadelphia. This is a decently sized mixed-use commercial duplex awaiting revitalization. With a storefront featuring a half bathroom for versatile commercial use and a second unit offering 2 bedrooms, 1 large living room that can be used for living, and 1 bath, this property holds immense potential to bring your ideas to life. Though sold as is and requires some TLC, it presents a compelling chance for entrepreneurs and investors to unlock value in the bustling Philadelphia market. Conveniently located near public transit and a local Amazon warehouse, its strategic position enhances its appeal as a lucrative investment opportunity. Don't miss out! Seize the chance to transform this multi-family property, add it to your portfolio, or live in one unit & rent the other. Property will be sold in AS-IS condition, Cash or Commercial Loan, and delivered vacant.
Sold for $100,000
$100,000
7026 Elmwood Ave, Philadelphia, PA 19142
3beds
2baths
1,770sqft
Retail
Built in 1920
-- sqft lot
$212,900 Zestimate®
$56/sqft
$1,410 Estimated rent
Home value
$212,900
$185,000 - $243,000
$1,410/mo
Zestimate® history
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$501/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Brendon Hong 484-378-6663,
Prosperity Real Estate & Investment Services
Bought with:
Brendon Hong
Prosperity Real Estate & Investment Services
Source: Bright MLS,MLS#: PAPH2512134
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Basement
- Area: 892
Heating
- None
Cooling
- None
Appliances
- Included: Water Heater
Features
- Store/Office, Combination Kitchen/Dining, Bathroom - Tub Shower
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,662
- Total interior livable area: 1,770 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Bi-Level
- Pool features: None
Lot
- Size: 1,280 Square Feet
- Dimensions: 16.00 x 80.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 406234000
- Zoning: CMX2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Retail
Materials
- Masonry
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $56/sqft
- Tax assessed value: $140,200
- Annual tax amount: $1,962
- Date on market: 7/13/2025
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional
- Inclusions: All Miscellaneous Chattel
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2025 | Sold | $100,000-47.4%$56/sqft |
Source:  Bright MLS #PAPH2512134 Report a problem | ||
| 7/29/2025 | Pending sale | $190,000$107/sqft |
Source: Bright MLS #PAPH2512134 Report a problem | ||
| 7/13/2025 | Listed for sale | $190,000+2.7%$107/sqft |
Source: Bright MLS #PAPH2512134 Report a problem | ||
| 1/24/2025 | Sold | $185,000$105/sqft |
Source: Bright MLS #PAPH2348048 Report a problem | ||
| 10/24/2024 | Pending sale | $185,000$105/sqft |
Source: Bright MLS #PAPH2348048 Report a problem | ||
| 9/26/2024 | Listed for sale | $185,000$105/sqft |
Source: Bright MLS #PAPH2348048 Report a problem | ||
| 9/23/2024 | Contingent | $185,000$105/sqft |
Source: Bright MLS #PAPH2348048 Report a problem | ||
| 9/14/2024 | Listed for sale | $185,000$105/sqft |
Source: Bright MLS #PAPH2348048 Report a problem | ||
| 9/6/2024 | Listing removed | $185,000$105/sqft |
Source: Bright MLS #PAPH2348048 Report a problem | ||
| 6/25/2024 | Pending sale | $185,000$105/sqft |
Source: Bright MLS #PAPH2348048 Report a problem | ||
| 6/6/2024 | Listed for sale | $185,000+311.1%$105/sqft |
Source: Bright MLS #PAPH2348048 Report a problem | ||
| 6/6/2002 | Sold | $45,000+50%$25/sqft |
Source: Public Record Report a problem | ||
| 6/14/1999 | Sold | $30,000+400%$17/sqft |
Source: Public Record Report a problem | ||
| 11/19/1998 | Sold | $6,000$3/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,963 +20.4% | $140,200 +20.4% |
| 2024 | $1,629 | $116,400 |
| 2023 | $1,629 +15.5% | $116,400 |
| 2022 | $1,411 | -- |
| 2021 | $1,411 +8.4% | -- |
| 2018 | $1,302 | -- |
| 2017 | $1,302 +11.4% | -- |
| 2016 | $1,169 | -- |
| 2015 | $1,169 | -- |
| 2014 | $1,169 +4.5% | $83,500 +676.6% |
| 2012 | $1,119 | $10,752 |
| 2011 | -- | $10,752 |
| 2010 | -- | $10,752 |
| 2009 | -- | $10,752 |
| 2008 | -- | $10,752 |
| 2007 | -- | $10,752 +7.3% |
| 2006 | -- | $10,016 |
| 2005 | -- | $10,016 |
Find assessor info on the county website
Neighborhood: Elmwood
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Nearby schools
GreatSchools rating
- 5/10Patterson John M SchoolGrades: PK-4Distance: 0.1 mi
- 4/10Tilden William T Middle SchoolGrades: 5-8Distance: 0.5 mi
- 2/10Bartram John - MainGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- District: The School District Of Philadelphia
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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Estimated market value
$212,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$212,900
- Pennsylvania
- Philadelphia County
- Philadelphia
- 19142
- Elmwood
- 7026 Elmwood Ave
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