Great opportunity in Frankford to acquire this cash flowing building. 4 units (Zoned for 3) and a garage. 2 units are paying $1100.00 each. 2 are vacant. Garage is being rented for $250.00. Utilities not separated but tenants pay a portion of oil, water and electricity.
Northeast Philly-Discount Shopping, located between Roosevelt Boulevard and the Bucks County line, is a retail-forward and car-oriented Philadelphia neighborhood with big-box corridors and pocket residential blocks. The neighborhood’s character concentrates around the Roosevelt Boulevard and Cottman Avenue retail strip, where outlet-style storefronts, strip malls, and busy parking lots set a brisk, practical rhythm. Mid-century rowhomes and split-level houses sit behind commercial arterials, with wide streets and frequent shopping centers shaping daily routines. Franklin Mills (Philadelphia Mills) anchors the area’s bargain-hunt energy with an indoor mall circuit and food court bustle. Nearby, the historic Pennypack Park trails add a quieter counterpoint of creekside paths and wooded bridges. SEPTA’s Fox Chase Line stations and major bus routes thread through the district, linking errands with city-bound commutes.
Provided by Walk Score and Local Logic
Market insights
1550 Ruan St · $234,900
DAYS ON MARKET
100 days
The average home goes pending in 77 days.
SALE-TO-LIST
94.0%
Most homes are selling 6% below list price.
LIST PRICE
$234,900
Median list price in this area is $310,000. (32% higher than this home)
PRICE DROP
0 price drops
55% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Interior features
Full basement
Bedrooms
Three one-bedroom units
One single-room unit
Heating & cooling
Baseboard hot water heating
Oil-fired heating and hot water
Exterior features
Lot dimensions approximately 27 x 107
No tidal water
Home design
End of row / townhouse
Fee simple ownership
Parking
On-street parking
Construction
Masonry construction
Brick/mortar foundation
Above-grade and below-grade structures
Utilities
Public water
Public sewer
Financial info
Three total units, three currently leased
Existing leases are month-to-month
No rent control
Other
Assessor records used for finished area and year-built source
Electricity and solar
View estimated energy costs and solar savings for this home
2 1/2 story corner 4 units with huge 2 car detached cinder block garage. Legally zoned for 3 units. Being sold in "as in" condition. No zoning or mortgage contingency will be accepted. Thermo windows throughout. Newer oil burner, 2 gas meters , 4 newer electric service boxes-200amp.
Year
Property tax
Land + Additions
Assessment*
2026
$3,017
$43,100 + $172,400
$215,500
2025
$3,017 (+23.5%)
$43,100 + $172,400
$215,500
2024
$2,443
$34,900 + $139,600
$174,500
2023
$2,443 (+32.0%)
$34,900 + $139,600
$174,500
2022
$1,851
$22,739 + $109,461
$132,200
2021
$1,851
$22,739 + $109,461
$132,200
2020
$1,851 (+4.2%)
$22,739 + $109,461
$132,200
2019
$1,776 (+31.1%)
$21,827 + $105,073
$126,900
2018
$1,355
$16,650 + $80,150
$96,800
2017
$1,355 (+4.5%)
$16,650 + $80,150
$96,800
2015
$1,297
$30,535 + $66,265
$96,800
2014
$1,297 (+65.3%)
$30,535 + $66,265
$96,800
2013
$785 (+3.6%)
$1,524 + $6,508
$8,032
2012
$758 (+3.9%)
$1,524 + $6,508
$8,032
2011
$729 (+9.9%)
$1,524 + $6,508
$8,032
2010
$664
$1,524 + $6,508
$8,032
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
3
Lot width
27 ft.
Lot depth
107 ft.
Lot size
2,862 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,053
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,053
Year built
1940
Style
Multi-Family (5+ Unit)
County
Philadelphia County
APN
232022800
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 28, 2026.
RSA-5
/NIS
Residential Single-Family Attached-5
The RSA, Residential Single-Family Attached districts are primarily intended to accommodate attached and semi-detached houses on individual lots, but may be applied in areas characterized by a mix of housing types, including detached houses. The districts are also intended to provide a density transition between RSD districts and RM districts. The Zoning Code includes five RSA districts that are differentiated primarily on the basis of minimum lot area requirements.
Zone overlays
Narcotics Injection Sites Overlay District
Permitted uses
Include but are not limited to:
Assembly / meeting place
Garden center
Housing-Single unit
Fire house
Police station
Recreation-Other
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 104° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Philadelphia, PA • 19124
Average low and high temperatures (°F)
37
24
41
28
59
39
67
47
74
57
84
67
89
72
82
65
79
63
69
51
57
42
43
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
65/ 100
Moderate sunlight
Sunscore
This home receives average direct sun exposure in Philadelphia. There appears to be some shading by surrounding buildings, terrain, and vegetation.
6.6 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1550 Ruan St
$224,663
$10K under list price of $235K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $197K to $324K.