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Investor Opportunity & 2829&2831 Frankford Ave, Philadelphia, PA Unique package opportunity along the Frankford Avenue corridor. This offering includes 2831 Frankford Ave, a 3-story detached single-family property with basement totaling approximately 1,924 sq ft, along with the adjacent vacant corner lot at 2829 Frankford Ave, creating multiple value-add possibilities for investors and developers. Located along Frankford Ave between E Somerset St and E Cambria St, the properties sit in a highly visible stretch of the corridor with continued residential and commercial activity. 2831 Frankford Ave comes with architectural plans already completed for a full interior renovation, reconfiguring the property into a large 5-bedroom single-family residence with an open living/dining layout, full kitchen, multiple bathrooms, and a finished basement featuring recreation space, kitchenette, and laundry. The plans also outline energy-efficient windows, updated framing, modernized mechanical layouts, and a new basement egress well, providing a clear framework for redevelopment and code compliance. 2829 Frankford Ave is a vacant CMX-3 zoned corner lot, offering frontage and development potential on both sides of 2831 Frankford Ave. The corner positioning provides excellent visibility and flexibility for new construction, mixed-use possibilities, or expansion of the neighboring property. With city utilities nearby (water, gas, sewer) and strong redevelopment activity throughout the surrounding area, the parcel offers flexibility for builders and long-term investors. Investment Potential This combined offering allows buyers to:

Source: BRIGHT MLS, MLS#: PAPH2591776

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  • Property Type
    Residential
  • Lot
    0.02 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2831 FRANKFORD AVENUE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/9/2026Source: BRIGHT MLS Added to Database
March 09, 2026
Listing provided courtesy of SERHANT PENNSYLVANIA LLC- MLS# PAPH2591776MLS ProviderContact Information: 6106359977