The median home value in Philadelphia, PA is $244,900.
the county median home value of $158,000.
The national median home value is $231,815.
The average price of homes sold in Philadelphia, PA is $244,900.
Approximately 48% of Philadelphia homes are owned,
compared to 41% rented, while
11% are vacant.
Philadelphia real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Philadelphia real estate agent to arrange a tour
today! Learn more about Philadelphia Real Estate.
Great Investment Opportunity! Location, Location, Location! Turnkey,well maintained, Five Unit Apartment Building on a deep Double Lot. Property features a gorgeous front porch and second floor decks. Five units in great condition, two long term tenants and three with 2+ years all with good payment histories. Full basement with laundry hookups provide the opportunity for extra income for storage etc. lease rates currently below market, annual income is $36,360 with a cap rate of 6%. Lot has the possibility to be divided or expand the current building. It is the buyer's responsibility to check with local zoning etc before purchase, seller makes no warranties. Perfect for Investor or Owner Occupant. Commuters dream close to all major highways, public transportation is just steps away, markets and shopping centers close by.
Incredible investment potential in one of the opportunity zone areas of the city. This 3 story commercial mixed unit, corner property is located within the West Philadelphia shopping district along 60th and market. After suffering from fire damage, the owners have stripped the interior to the bare walls to show potential investors the bones of the property. The main level commercial space is massive and currently fully opened to all to your imagination run wild with how you would set your business up. Upstairs are 2 separate units both featuring 3 bedrooms, 1 bathroom, kitchen and adequate living and dining space. The 3rd floor unit has a side entrance next to the large storage garage and fenced in exterior area. Close proximity to shopping dining transportation (less than a block walk from the 60th street El stop). A multi-million dollar business complex was built just around the corner as businesses are moving to take advantage of the tax benefits of the Opportunity Zone. Brand new steel security doors being installed.
Rare opportunity to purchase a larger, established rental portfolio of 48 single family and 3 duplex properties. All units currently rented, with low operating expenses, some located within Qualifying Opportunity Zones.
Currently a gathering place of worship. Beautifully maintained interior. First floor excellent open space and square footage. 2nd floor has kitchen, office space, breakout rooms, 2 powder rooms and beautiful patio. Owner must be present for all showings. Monday to Saturday 10 - 7; no showings on Sunday.
Prime Location on a High-Profile Street. Great investment property in fast turning Philadelphia. Location is everything...minutes from University City, center city, Market Street & I-76, and major hospitals or other colleges. Historic Westside pizza shop up for sale! If you are a West Philly native, then you are well aware of the famous delicious pizza, subs, etc from Westside! Their doors opened in 1986, and rapidly became an important landmark within the community. Customers would travel and wait in lines that extended outside of the doors! Years later this beauty has stood the test of time and is now available for a new owner. Corner parking lot attached to the commercial building, very convenient for customers and adds additional value to the commercial building. Bring your contractor and imagination! Westside is ready to be brought back to its full glory!!Also closed to transportation, shops and much much more. Property is being sold in As-is!
Ready to become your own boss? Here is your chance to become the owner of this income producing liquor store. This sale includes the CMX-2 zoned property, the business, its liquor license, lottery license, and tobacco license. Large backyard, where trucks and forklifts could easily maneuver around the property. Great location, as it is right next to a gas station, where there is constantly traffic . Don't miss this opportunity!
This property was previously used as a bar/lounge. The area is highly visible with a heavy traffic pattern, situated along the renovated Market Street L train corridor.This property is located by the Frankford/Market line near the 52nd Street shopping area. There is no liquor license associated with this property.
Good for owner Use or Investment property ,Basement & 2 story Mix Use building, busy & crowd 52nd & Market Street , Commercial area , Market Blue Line Subway train , 1st floor: It was used for Shoe repair shop for long time , closed now , all equipments are still inside , turn key to open, around 1,100 sqf , metal gate , good for opening any other retail business , office , electricity power is still on , entrance step to go 2nd floor , 1 side door to go out & in from rear side of building , metal fence on every window , keep Shoe repair shop with drop shop . 2nd floor: 3 beds , 1 kitchen , 1 bathroom, No entrance door from separately out side , do business on the 1st floor and live on 2nd floor , or make separated entrance door from out side , you can rent out for 2nd floor . basement : wide open ,supported with concrete both side , 1 gas& 1 electricity & 1 water meter & 1 water boiler in the basement , metal door for basement is pavement, electricity light , lots of potential
Investor Special! 1430 Square Foot of ADA Compliant Retail Space with ramp on first floor, with 3 residential apartment units on the second floor. Three studio/efficiency units and One Office storage unit, all of which operate with self contained electric powered heat, hot water and cooking. The distinctive artistic design of the property is very appealing. The property has 32 feet of frontage on highly trafficked commercial corridor Market Street. Property has upgraded electrical, fire detection, and plumbing service into the building, all of which has been performed with City permits and inspected. Zoning is CMX-2. Space can be delivered vacant, or owner of the salon, would consider leasing back the space for one additional year.
Excellent opportunity to own this cold beer + restaurant for a turn-key business. Currently, no food is provide for serving and the business income is still about 30000 monthly, and with ONLY employee manage the whole business. Imagine how much more you will make if you manage the whole business. 2nd fl is a 3 br. Apt. This location has the potential to be the new hot spot this up-and-coming area needs.Easy to Show!
1250 square feet of professional office space, renovated in 2004, offers turnkey operation for myriad possibilities. These days the possibility also exists to maybe scrape it off and start over, taking advantage of the CMX2 zoning and taking it up 4 stories. Located in the heart of the Spruce Street Business District, and just down the street from the new multifamily apartment construction, this is an ideal location for a business reliant on proximity to public transportation, with buses running on Spruce and on 48th Street. Another advantage this location offers is that it's ADA compliant. The space itself offers a front reception area and a suite of generously sized offices. Two off street parking spaces are provided out back, and a full basement houses utilities and offers plenty of storage space.
The building is currently being used as a laundry facility for commercial laundry delivery. . It used to be a retail laundromat grossing $7-8000 a week in token sales. Great margins in this business of 75%. Owners have since converted to commercial delivery route and now downsized it to only the accounts they service for other business they own. That is the reason a few washers and dryers will be removed within 30 days after settlement. This commercial building is solid masonry construction. Roof was replaced last year. Old roof had alot of leaks. This is an ideal opportunity for a buyer looking for retail space with alot of parking. This could also be a great growth play for anyone looking to build a laundry business. All the infrastructure is there about $200k in gas, electric water and sewer ready for rehab. The neighborhood is ready for a new location. This is an as is deal. Please dont bother the employees with questions as they do not know anything anyway. Please respect this.
Enjoy a 10% cap rate in this turn key mix use investment opportunity building with great cash flow, low maintenance and over head. This is a fantastic three unit commercial building located in soon to be rapidly developing Walnut Hill section of Philadelphia right next to the University of Pennsylvania. Situated on the south side of market street is just steps from the SEPTA 56th street EL stop. Your tenants can hop on the elevated train and get to Penn, Drexel or center city Philadelphia in just minutes. The first floor front unit is a commercial space zoned CMX2 which permits many uses. Currently it is rented as a salon at $775 per month, this unit pays all exterior lighting, heat, ac, electric for its own unit as well as the cleaning of the first floor common halls, the snow and ice removal in front of the property. This is permissible in a commercial property if it is in the lease so there is no cleaning of public areas or electric bills to be paid by the owner. All utilities gas electric and the cold water are separated the landlord pays nothing in utilities at all each unit is separately metered. The first floor rear rear residential unit is a large one bedroom apartment and is rented at $795 per month it features a brand new kitchen, bath, heater, flooring, washer and dryer. This unit also has a private rear fenced yard. The second floor unit is a nice two bedroom it it features a ceramic tile kitchen, bath pergo flooring brand new high efficiency gas forced air heat and central air, an enclosed second floor enclosed porch which could easily be converted to a third bedroom to get even higher rent and a washer and dryer. This unit just became vacant and is currently on the rental market for $895 per month. There is 1-2 car off street parking in the rear of the property could command an additional $50-$100 per month in rent All three hot water heaters in the building and the appliances in both the residential units are less then a year old recently installed rubber roof still has almost a year left on its warranty. The building is situated on a large 125 foot deep lot with a drivable rear alley/private driveway. This offering could be a good opportunity for a 1031 exchange, cash sale, commercial financing or short term purchase money financing with 50% down
OPPORTUNTY ZONE development opportunity in city of Philadelphia near hospitals, universities and center city with 40,000 square feet of space zoned CMX-2. A large city block then can be developed into residential housing, offices, medical, recreation, and or retail space Zoning description: neighborhood commercial mixed-used-2. The possibilities are unlimited. Front of Building was demolish due to fire. Major building development is underway in this area. Prime real estate for Developer/Investors on well travel street in urban area, close to public transportation and highly visible. This is now a vacant lot plus one small standing small building. Call for more information. Opportunity zones incentive is a new community investment tool established by congress in the Tax Cuts and jobs Act to encourage long-term investments in low-income urban communities . This property in the West Philadelphia area known as Cobbs Creek is in the Opportunity zones.
Large 14,000 Square foot CMX -2 lot, currently consisting of a fifty one car garages ( lot) with one two story framed garage office. Can be developed as a matter of right as a up to 36 unit apartment building as either for rental or resale.Drive by only.