501 Rising Sun Avenue, Philadelphia, PA 19140

$374,900
  • 501 Rising Sun Avenue, Philadelphia, PA 19140 Main Photo

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ACTIVE
BEDS0 BATHS SQUARE FEET2,991 MLS#PAPH2657488
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHUNTING PARK SCHOOLPHILADELPHIA CITY

Property Description

Rare opportunity to acquire three separately deeded CMX-2 parcels consisting of one mixed-use commercial building and two adjoining side-by-side lots offering parking for approximately 6 to 10 vehicles, a covered outdoor entertainment pavilion, and endless possibilities for an owner-occupant, investor, or business owner. The vacant commercial storefront enjoys excellent visibility along a high-traffic corridor, making it an ideal location for a variety of businesses. The space features a storefront entrance, a half bath, access to a large unfinished basement for storage, and a direct interior connection to the first-floor apartment. The connecting door can remain for added flexibility or be closed off to create two completely separate spaces. The commercial basement also features direct exterior access through bulkhead (Bilco-style) doors, allowing equipment, inventory, or other large items to be moved in and out without passing through the storefront. The 1st floor apartment offers a welcoming layout beginning with a foyer that opens into the living room and kitchen. Just beyond the kitchen is a full bathroom with a vanity, toilet, and shower, followed by a spacious bedroom with a large closet. A deck off the apartment provides outdoor space with stairs leading directly to the adjoining lots. The apartment is currently rented for $900 per month on a month to month lease. The 2nd floor apartment features 2 spacious bedrooms, a comfortable living room, dining room, and a kitchen enhanced by a skylight that fills the space with natural light. Both bedrooms offer generous closet space. This apartment also includes two decks, one off the kitchen and another off the living room with a built-in bench, providing additional outdoor living space. Stairs from the deck also lead directly to the adjoining lots. The building offers expansive unfinished basement space, with one section beneath the commercial storefront and another beneath the residential units, providing abundant storage and utility space. Utilities are currently serviced through a single electric meter, gas meter, and water service for the entire property. The two adjoining lots have been transformed into a unique outdoor entertainment area centered around a covered pavilion. The space features a bar area, television, lighting, and a versatile open area currently used for dining and entertaining. Additional improvements include a half bath, a small private office, workshop/storage room, a storage shed, an outdoor sink, landscaped garden beds, and a remote-operated security gate. Together, these features create a truly inviting outdoor oasis with endless possibilities for entertaining, relaxing, or supporting a business operation. The commercial building and both adjoining lots are zoned CMX-2, providing flexibility for a variety of commercial and mixed-use uses. Each parcel has its own separate deed, offering additional flexibility for future ownership, development, or investment opportunities.

501 Rising Sun Avenue | MLS# PAPH2657488

This multi-family property located at 501 Rising Sun Avenue, Philadelphia, PA 19140 is currently listed for sale with an asking price of $374,900. Rising Sun Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.realtymark.net today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Fuel Type: Natural Gas
Heating: 90% Forced Air
Lot Size: 0.07 Acres
Taxes: $1,171
Year Built: 9999

Feature Descriptions

Additional Structures: Above Grade
Days on Site: 25
Exterior: Masonry
Lot Dimensions: 0.07 Acre(S)
Municipality: PHILADELPHIA
One Bedroom Units: 1
Sewer: Public Sewer
Structure Type: End of Row/Townhouse
Two Bedroom Units: 1
Units: 2
Water: Public

Local Schools

School District: PHILADELPHIA CITY

Listed By / Shown By

Listed By

Agency Name: Mendez Homes and Investments
Agency Phone: 2152912891

Shown By

Agency Title: RealtyMark
Agency Phone: 888-260-0040

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Estimated Payment

$ 1,041.29 per month $834.36 Principal & Interest $97.58 Property Tax $109.35 Homeowner's Insurance

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All commissions are negotiable Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/02/2026. The listing information on this page last changed on 09/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 09/02/2026 12:00:03 AM EST) or Stellar MLS (last updated Tue 09/01/2026 11:55:12 PM EST) or GSMLS (last updated Tue 09/01/2026 11:54:07 PM EST) or Emerald Coast MLS (last updated Tue 09/01/2026 11:55:26 PM EST) or Fort Myers (last updated Tue 09/01/2026 11:04:31 PM EST) or Central Panhandle Association of Realtors (last updated Tue 09/01/2026 11:57:17 PM EST) or Northeast Florida MLS (last updated Tue 09/01/2026 11:58:58 PM EST) or Beaches MLS (last updated Tue 09/01/2026 11:55:36 PM EST) or Naples MLS (last updated Tue 09/01/2026 11:40:18 PM EST) or Bright MLS (last updated Tue 09/01/2026 11:49:36 PM EST) or OneKey MLS (last updated Tue 09/01/2026 11:53:22 PM EST). Real estate listings held by brokerage firms other than RealtyMark may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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