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    1947 N 33Rd St Philadelphia, PA 19121

    New
    For Sale
    $1,370,000

    MULTI_FAMILY - Contemporary - PHILADELPHIA, PA

    Property size:
    8,467 SF
    Lot size:
    0.05 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 11 at 11:06 am

    Property Features for 1947 N 33Rd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Parking features
    On Street
    Size
    8,467 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2020
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Contemporary

    Mallin Panchelli Nadel Realty, Inc. (215) 413-4900 [email protected]

    Listing agent Samantha Lee Miller (215) 315-3326 License #RS352351

    Listing date Dec 8, 2025

    MLS# PAPH2485888 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Multifamily Asset Near Fairmount Park

    Located in North Philadelphia West, across from Fairmount Park, the property at 1947 N 33rd Street is a new construction multifamily asset built in 2020. The building features five residential units, each with two or three bedrooms, averaging 1,380 square feet per unit. The property benefits from a little over five years remaining on a full 10-year property tax abatement. The property is 100% leased and offers steady cash flow and appreciation potential. The building is situated on a 0.05-acre lot. The property contains 8,467 square feet. The location is on a desirable, scenic park-front stretch of North 33rd Street. The property is intended as a multifamily residential income property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.1871
    Latitude
    39.987

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    FAQs

    What type of property is this?
    Apartment building - Turnkey, fully-leased multifamily property with tax abatement and appreciation potential.
    Where is this apartment building located?
    The property is located at 1947 N 33Rd St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $1,370,000.
    What are key features of this property?
    This property features: - 7.5% Cap Rate: Provides a strong return on investment from day one.; - Fully Leased: Generates immediate and consistent cash flow.; - New Construction (2020): Offers low maintenance and modern amenities.
    (215) 315-3326
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    Philadelphia, PA 19121
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1947 N 33Rd St Philadelphia, PA 19121
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