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$185,000
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Property Description
Welcome home to a prime investment opportunity in the Elmwood Park neighborhood in Philadelphia. This is a decently sized mixed-use duplex property awaiting revitalization. With a storefront featuring a half bathroom for versatile commercial use and a second unit offering 3 bedrooms and 1 bath, this property holds immense potential to bring your ideas to. Though sold as is and requires 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 and delivered vacant.
Full Property Details
Full Property Details for 7026 Elmwood Ave
General
- Sold For: $185,000
- Taxes: $1,629 (2024)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSPhilly
- MLS ID: PAPH2348048
- Added to Site: 591 day(s) ago
Interior
- Interior Features: Store/Office, Combination Kitchen/Dining
Parking
- Parking Type: On Street
Location
- Area: 19142 (19142)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Driving Directions: Located right next to Four Star Pharmacy between 70th and 71st street.
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Cooling Type: None
- Heating Type: Other
- Water Heater: Other
Utilities
- Sewer: Public Septic
- Water: Public
Structural Information
- Architectural Info: Converted Dwelling
- Architectural Style: Converted Dwelling
- Structure Type: Over Storefront
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Unfinished
- Stories/Levels: 2
- Square Feet: 1,812
- Sq. Ft. Source: Assessor
- Living Area: 1,812 Sq. Ft.
- Finished Above Grnd: 1,812 Sq. Ft.
- Year Built: 1920
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2
- 3 Bedroom Units: 1
Unit 1
- Unit Description: Unit 1
- Bedrooms: 3
Unit 2
- Unit Description: Unit 2
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,280
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 80.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $102.1
- Assessment Year: 2024
- School Tax: $912
- City/TownTax: $716
- City/TownTax Freq: Annually
- Tax w/Assessment: $116,400
- Tax Amount: $1,629
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1812
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: All miscellaneous chattel
- Lot Number: 33
Listed by Prosperity Real Estate & Investment Services, Brendon Hong
Sold by Prosperity Real Estate & Investment Services, Brendon Hong
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Schools
Schools serving 7026 Elmwood Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Patterson John M School 7000 Buist Avenue, Philadelphia, PA 19142 | K-4 | 0.1 mi |
Tilden William T Middle School 6601 Elmwood Avenue, Philadelphia, PA 19142 | 6-8 | 0.5 mi |
Bartram John - Main 2401 South 67th Street, Philadelphia, PA 19142 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7026 Elmwood Ave
Date
Details
Price
Change
Source
1/24/2025
Sold
$185,000
—
MLS
6/06/2024
Listed
$185,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7026 Elmwood Avenue, Philadelphia, PA 19142 (MLS# PAPH2348048) is a Multi-Family property that was sold at $185,000 on January 24, 2025. Want to learn more about 7026 Elmwood Avenue? Do you have questions about finding other Multi-Family real estate for sale in Elmwood? You can browse all Elmwood real estate or contact a Coldwell Banker agent to request more information.

