2045-49 TRENTON AVENUEPHILADELPHIA, PA 19125

Multi-Family · 13,277 Sq. ft. | 0.09 Acres
$4,150,000 ACTIVE

2045-49 TRENTON AVENUE Overview

Time on Site:
62 days
Visits:
5

Reda Akbil Team and Compass Commercial proudly present the opportunity to acquire 2045&49 Trenton Avenue, a 100% fully leased, turnkey, tax-abated 12-unit multifamily asset located in the heart of Fishtown. Positioned just steps from Frankford Avenue, the property offers a highly desirable unit mix of spacious one- and two-bedroom apartments that seamlessly blend modern finishes with industrial character. Each unit features elements such as exposed brick, original beams, ductwork, oversized windows, and ceiling heights reaching up to 18 feet, creating a distinctive product that consistently drives strong tenant demand and ease of leasing. Situated along the historic cobblestone stretch of Trenton Avenue, the property benefits from a prime, walkable location surrounded by some of Philadelphia's top restaurants, bars, and cafés,placing it firmly within one of the city's most sought-after and rapidly appreciating neighborhoods. 2045&49 Trenton Avenue is truly a one-of-a-kind asset that must be experienced in person to fully appreciate its scale, character, and design. There are few, if any, comparable offerings currently available in Fishtown, Philadelphia's premier investment submarket. The property is located within a Qualified Opportunity Zone and is 100% leased, with professional management in place and approximately seven (7) years remaining on the FULL tax abatement, offering a stable, passive investment profile. The unit mix consists of: 4 one-bedroom units averaging 800 SF 8 two-bedroom units averaging 1,000 SF Fishtown continues to thrive as a vibrant, amenity-rich neighborhood known for its strong rental demand, active community, nightlife, and proximity to Center City,further reinforcing the property's long-term growth potential. A rare opportunity to acquire a stabilized, high-quality asset in one of Philadelphia's most dynamic submarkets.

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2045-49 TRENTON AVENUE Facts & Features

  • Type Multi-Family
  • Sq. ft. 13,277
  • Price/Sq.ft. $313
  • Lot 0.09 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 13277
  • Year Built: 1903

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19125 (19125)

Parking Information

  • Type of Parking: On Street

Tax Information

  • City/Town Tax: 2477.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax Payment Frequency: Annually
  • School Tax: 3152.00
  • Tax Annual Amount: $5,629.00
  • Tax Assessed Value: 402200.00
  • Tax Year: 2025

General Information

  • Property Sub Type: Other
  • Property Type: Multi-Family
  • School District Name: PHILADELPHIA CITY
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2026
  • Zoning: ICMX

Interior

Building Information

  • Cooling Fuel: Natural Gas
  • Heating Fuel: Natural Gas

Parking Information

  • Garage: No

Building Exterior/Construction

  • Structure Type: Other

Building Interior

  • Above Grade Finished Area: 13277
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: Yes
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: None
  • Cooling: Central A/C
  • Fireplace: No
  • Living Area: 13277
  • Living Area Source: Assessor

Unit Information

  • One Bedroom Units Count: 4
  • Single Room Units Count: 0
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 8

Exterior

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 41.00 x 100.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3947.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Other
  • Construction Materials: Masonry

General Information

  • Number Of Units Leased: 12
  • Number Of Units Total: 1
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

2045-49 TRENTON AVENUE Neighborhood

Community

19125 (PHILADELPHIA) Demographics

33
Median Age
16,395
Population Density (per sq. mile)
58%
College Educated
$79,612
Estimated Median Income
6,627
Estimated Total Home Owners
4,321
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

2045-49 TRENTON AVENUE Monthly Cost

$
$ %
%
$
$
* 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.

2045-49 TRENTON AVENUE Market Data

Based on the last 30 days in this zip code

$535,274
Average List Price
$290
Average Price per Square Foot
51
Properties Sold
92
Average Days on Market
260
Properties for Sale
Calculations provided by Reliance Network

2045-49 TRENTON AVENUE History

Date Event Value Agent
5/6/2026Source: BRIGHT MLS Status Change
ACTIVE
4/28/2026Source: BRIGHT MLS Added to Database
April 28, 2026
12/3/2024Source: BRIGHT MLS Price Reduction
$4,099,999 -1.2%
12/3/2024Source: BRIGHT MLS Status Change
PENDING
12/3/2024Source: BRIGHT MLS Status Change
CLOSED
12/3/2024Source: BRIGHT MLS Added to Database
August 09, 2021
12/3/2024Source: BRIGHT MLS Added to Database
August 12, 2021
Listing provided courtesy of Compass Pennsylvania, LLC- MLS# PAPH2610704MLS ProviderContact Information: [email protected] - 2674358015