About 2981 Memphis St
This well-maintained mixed-use property offers a unique opportunity for investors or business owners. Located on a corner lot, the property features a corner store/bodega on the ground floor, currently rented for $2,000/month. The upper unit features a 3-bedroom, 1-bath apartment with a kitchen, currently occupied by the owner of the corner store at a below-market rent of $500/month. The lease for the tenant in the store ends on June 30, 2025. The property is being sold "as-is" with no repairs to be made.
Features of 2981 Memphis St
| MLS® # | PAPH2481236 |
|---|---|
| Price | $315,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,978 |
| Acres | 0.04 |
| Year Built | 1925 |
| Type | Multi-Family |
| Sub-Type | Duplex, Over Storefront |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 2981 Memphis St |
|---|---|
| Area | 19134 |
| Subdivision | PORT RICHMOND |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19134 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Baseboard - Electric, 90% Forced Air |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
School Information
| District | PHILADELPHIA CITY |
|---|
Additional Information
| Date Listed | May 10th, 2025 |
|---|---|
| Days on Market | 158 |
| Zoning | RSA5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | EXP Realty, LLC |
|---|---|
| Contact Info | 8883977352 |