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FRANKFORD AVENUE FISHTOWN MULTIFAMILY 2414 Frankford Ave 6 Unit Apartment Building $2,350,000 ($391,667/Unit) 6.13% Cap Rate Philadelphia, PA 19125

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INVESTMENT HIGHLIGHTS

  • 29' FRANKFORD AVENUE FISHTOWN FRONTAGE
  • BOUTIQUE APARTMENT PROPERTY
  • HIGH-DEMAND LOCATION/AMENITY RICH SUBMARKET
  • NEWLY CONSTRUCTED MULTIFAMILY BUILDING
  • 10YR TAX ABATEMENT

EXECUTIVE SUMMARY

Introducing 2414 Frankford Avenue — a turnkey 7-unit investment property, prominently located on one of Philly's most recognizable streets — Frankford Avenue Fishtown. This fully-leased boutique apartment property features six (6) apartments over ground floor commercial space. The ±5900 SF, 3-storey building is comprised of two (2) bi-level 2bd x 2ba units and four (4) 1bd x 1ba units atop 796 SF of prime commercial space, leased to Philadelphia Barber Co. Designed by Canno, the curb appeal emanates along the Frankford Ave corridor — surrounded by some of the city's best restaurants, retailers, cafes and bars. Factory styled oversized windows emit an overflow of natural light in the apartments coupled with slick kitchens and baths, European-inspired finishes, high ceilings, and laundry and storage for convenience. Purchase this irreplaceable multifamily building in a Top-10 USA MSA where extremely high barriers-to-entry exist. 2414 Frankford boasts a completely walkable setting in Fishtown proper, with an abundance of amenities and conveniences available within a short stroll, such as: The Market-Frankford El train, Shake Shack, La Colombe, Kalaya, Forin, Suraya, LMNO, Goldie, City Fitness, Front Street Cafe, Middle Child Clubhouse, Laser Wolf, Wm. Mulherin's Sons, Pizzeria Beddia, Palmer Park, and more. Fishtown has become a locally-prized destination for top chefs, retailers and creators — and tenants alike. There is no shortage of residential demand in this coveted submarket. There are limited opportunities to invest in high-quality real estate in Fishtown due to its scarcity. High-growth rental submarket. 10yr tax abatement. Minimal OPEX. Enquire within for financials.

PROPERTY FACTS

Price $2,350,000
Price Per Unit $391,667
Sale Type Investment
Cap Rate 6.13%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.04 AC
Building Size 2,400 SF
No. Stories 3
Year Built 2022
Opportunity Zone Yes
Zoning CMX-2 - Commercial Mixed Use

AMENITIES

UNIT AMENITIES

  • Air Conditioning
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38250599

  • Date on Market: 10/29/2025

  • Last Updated:

  • Address: 2414 Frankford Ave, Philadelphia, PA 19125

Contact the Sale Advisor

FRANKFORD AVENUE FISHTOWN MULTIFAMILY | 2414 Frankford Ave

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