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    2127-33 Penrose Ave Philadelphia, PA 19145

    Sponsored
    For Sale
    $2,149,000

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property size:
    1,300 SF
    Lot size:
    0.33 Acres
    Days on Market:
    27
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 2127-33 Penrose Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Driveway
    Size
    1,300 SF
    Lot size
    0.33 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Other

    Target Realty LLC (215) 218-0939 [email protected]

    Listing agent Dat Duong (215) 218-0939

    Listing date Dec 10, 2025

    MLS# PAPH2525668 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

    Philadelphia Land Opportunity Near Development

    This property offers an opportunity to invest and build in a desirable area of Philadelphia. The site encompasses approximately 14,398 square feet (0.33 acres) and includes a remodeled two-story detached house with 2 bedrooms and 1.5 bathrooms, approved parking for 4 cars, and a shed. The property's zoning allows for the construction of a three-story building with 20+ units and parking. Situated on a corner lot, the property faces Penrose Avenue, near the Packer Park/Westrum development, and 22nd Street, near Sienna Place, and Hartranft Street, near Penrose Plaza/Dunkin Donuts. The location is steps away from FDR Park and minutes from the Navy Yard, the Sports Complex (Welfargo Lincoln Financial Field), the Bellweather District, and Live Hotel Casinos. Highway 95, 76, and the Walt Whitman Bridge are also nearby.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.18536505
    Latitude
    39.91192018

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    FAQs

    What type of property is this?
    Commercial land - Large lot near development projects, suitable for multifamily construction.
    Where is this commercial land located?
    The property is located at 2127-33 Penrose Ave Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $2,149,000.
    What are key features of this property?
    This property features: - Large 14,398 sq ft lot with potential to build 20+ units with parking.; - Approved 4-car parking and a shed already on the property.; - Prime location facing Packer Park/Westrum development and near FDR Park, Navy Yard, and Sports Complex.
    (215) 218-0939
    Request Owner's contact information
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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
    2127-33 Penrose Ave Philadelphia, PA 19145
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