1534 E Passyunk Ave, Philadelphia, PA 19147

Property Description

Located in the heart of Passyunk Square, 1534 E Passyunk Ave presents a rare opportunity to acquire a versatile, value-add property in one of South Philadelphia’s most sought-after locations. Surrounded by established, high-performing businesses and steady foot traffic, this CMX 2.5-zoned property offers exceptional potential for investors, developers, or owner-occupants looking to create a mixed-use or multi-family asset. Spanning approximately 2,121 square feet, the property is currently configured as a duplex with existing utilities in place, providing a strong foundation for immediate income or a seamless transition into a triplex or mixed-use conversion. The layout and zoning allow for a variety of possibilities, including retail or commercial use on the ground floor with residential units above, or a full residential reconfiguration. The building features solid structural bones and retains classic South Philadelphia character, making it an ideal candidate for a full renovation to maximize value. With the flexibility to tailor the space to your vision and the benefit of a prime location along one of the city’s most dynamic corridors, this property is well-positioned for long-term appreciation and strong returns. Offered at $410,000, the pricing reflects the opportunity for renovation and upside potential. Whether you’re looking to invest, develop, or create a signature mixed-use property, 1534 E Passyunk Ave delivers location, flexibility, and value.