7119 Woodland Ave, Philadelphia, PA 19142
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
7119 Woodland Ave,Philadelphia, PA 19142
$275,000
- 3 Beds
- - Baths
- 2,175 sq. ft.
- Multi-family
- Active
Listed by: sandra e butler
Office: realty mark cityscape
MLS#:PAPH2558804
Source:BRIGHTMLS
Price summary
- Price:$275,000
- Price per sq. ft.:$126.44
About this home
7119 Woodland Ave | Southwest Philadelphia | IRMX Zoning | Triplex
Rare opportunity to acquire an income-producing triplex situated on a 2,254 sq ft lot with 2,175 sq ft of building area, zoned IRMX , one of Philadelphia's most flexible and sought after industrial mixed-use designations.
The property currently operates as a 3-unit residential building with two occupied units generating immediate cash flow. The 2nd and 3rd floor units are in great condition with quality, paying tenants in place. The 1st floor unit is vacant and needs only light renovation. A straightforward value-add opportunity to bring the property to full occupancy.
What makes this property truly stand out is the IRMX zoning. By right, IRMX allows multi-family residential, artist studios, artisan industrial, office, warehouse, restaurant, and a wide range of commercial uses, with no required rear yard setback, up to 75% lot coverage, and a maximum building height of 60 feet. An investor or developer can build out the existing footprint, add a rear structure to the property line, or pursue a mixed-use redevelopment all without needing a variance.
Income today. Upside tomorrow. Don't miss this one....
Contact an agent
Home facts
- Year built:1915
- Listing ID #:PAPH2558804
- Added:145 day(s) ago
- Updated:April 09, 2026 at 10:13 AM
Rooms and interior
- Bedrooms:3
- Basement:Yes
- Basement Description:Full
- Living area:2,175 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:90% Forced Air, Electric
Structure and exterior
- Roof:Flat
- Year built:1915
- Building area:2,175 sq. ft.
- Architectural Style:Transitional
- Construction Materials:Masonry
- Foundation Description:Concrete Perimeter
Schools
- High school:JOHN BARTRAM
- Middle school:WILLIAM T. TILDEN
- Elementary school:JOSEPH W. CATHARINE
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$275,000
- Price per sq. ft.:$126.44
- Tax amount:$1,639 (2025)
Parking
- Parking description:On Street
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