Active
2,991 sqft
501 Rising Sun Ave, Philadelphia, PA 19140
Est: $2,035/moGet pre-approved
Multi FamilyProperty Type
0.07 acresLot Size
9999Year Built
$125/sq ftPrice per sq ft

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...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.
45 days on Market
  • Listed by: Grace M Velez 267.259.4465 grace.velez@mendezhomes.net • Mendez Homes and Investments
Last updated: 08/24/2026 09:54 PM • Source: BRIGHT, MLS#: PAPH2657488

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Property Information for 501 Rising Sun Avenue

Property Details
  • Taxes: $1,171 / year
  • MLS Type: Multi-Family / Fee Simple
  • Tax ID Number: 871567510
  • Ownership: Fee Simple
  • Structure Type: End of Row/Townhouse
  • Style: Other
  • Waterfront: No
  • Garage: No
  • Subdivision: HUNTING PARK
  • Subdivision: HUNTING PARK (PHILADELPHIA PA)
  • Cross Street: 5th Street
  • Municipality: PHILADELPHIA
  • Central Air: No
  • Basement: Yes
  • Above Grade Finished SQFT: 2,991.00
  • Above Grade Fin SQFT Source: Estimated
  • New Construction: No
Building Information
  • Residences: 2
  • Year Built: 9999
  • Lot Size: 0.07 AC / 3,049 SF
Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • County: PHILADELPHIA
  • MLS Area: 19140 (19140)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Property Manager Y/N: No
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2026
  • Tax Assessed Value: $83,700
  • County Tax: $0
  • Improvement Assessed Value: $66,960
  • Land Assessed Value: $16,740
  • Clean Green Assessed: No
  • Historic: No
  • Zoning: CMX2
  • Tax Lot: 352
  • School Tax: $656
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 1
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
Unit 2
  • Type: Unit 1
  • Unit Type Occupied YN: No
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,991.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 1193293
Parking
Parking
  • Type Of Parking: On Street, Driveway
Interior Features
Interior Features
  • Accessibility Features: Other
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: 90% Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: NEXUS Association of Realtors

Property History for 501 Rising Sun Avenue

DateEvent & SourcePriceAppreciation
Aug 7, 2026

Listed (Active)

BRIGHT #PAPH2657488

$374,900
DateEvent & SourcePrice
08/07/2026

Listed (Active)

BRIGHT #PAPH2657488

$374,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 501 Rising Sun Avenue

Taxable ValueLand$21,160Additions$84,640Total$105,800
Tax Record2026$1,172 ($98 / month)
Home Facts
Total Finished SqFt1,680 SqFtAbove Grade Finished SqFt1,680 SqFtStories2Lot Size2,991 SqFtStyleMiscellaneous CommercialYear Built1920Year Renovated1920ZoningCMX2CountyPHILADELPHIAAPN87-1567510

Schools near 501 Rising Sun Avenue

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Taylor Bayard School
PublicK to 5

Clemente Roberto Middle School
Public6 to 8

Edison Hs/Fareira Skills
Public9 to 12

The Linc
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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501 Rising Sun Avenue is a multi-family home for sale in Philadelphia, PA 19140. This property was listed for sale on August 7, 2026 by Mendez Homes and Investments, it's currently listed at $374,900. This listing's school district is The School District of Philadelphia. Nearby schools include Taylor Bayard School, Clemente Roberto Middle School and Edison Hs/Fareira Skills. 501 Rising Sun Avenue is a 0-bed, 0-bath, 2,991 sqft multi-family home built in 9999.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mendez Homes and Investments

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.