1338 Sellers St.

Development opportunity in the Frankford section of Philadelphia. The zoning allows multiple units since the lot requires only 360 SQFT per unit. This opens the door for a duplex, triplex, or small multi-family project. Located in a high-demand rental neighborhood with steady investor activity.

• Zoning / Potential: Multifamily allowed (duplex/triplex possible)

• Neighborhood: Frankford, strong rental demand

• Exit Options: New construction multi-unit, rental hold, or wholesale flip

Numbers & Value

• Area Rent (Duplex/Triplex): $1,000–$1,200 per unit ($2,000–$3,600 gross rent)

• After Repair Value (ARV):

  • Single-Family: $180K–$220K

  • Duplex/Triplex: $200K–$250K

• Estimated Build/Repair Cost: $100K–$120K (depending on duplex/triplex scope)

• Best Exit Strategy: New construction duplex or triplex → rent and hold

   

  • Best Exit Strategy: New construction duplex or triplex → rent and hold

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  Comparable Sales (Comps)

  Single-Family

  • High: 4247 O St – $260,000 (3 BD / 2 BA, Interior Row, 0.4 mi)

  • Mid: 4604 Castor Ave – $215,000 (3 BD / 1.5 BA, Twin, 0.4 mi)

  • Low: 4340 Orchard St – $80,000 (3 BD / 1 BA, Interior Row, 0.4 mi)

  Multifamily

  • High: 5201 Akron St – $280,000 (Duplex, 0.8 mi)

  • Mid: 4743 Frankford Ave – $210,000 (Duplex, 0.4 mi)

  • Low: 4633 Penn St – $135,500 (Triplex, 0.2 mi)