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Mixed-Use Retail and Residential Building
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1537 South St, Philadelphia, PA 19146

Two-building property with storefront commercial space and three residential units, each with laundry, updated tile bathrooms, and separate utilities.

Property SizeContact for details
Days on Market158

Property Features for 1537 South St

General Information

Standard status Active
Property subtype Mixed Use, Multifamily, Retail
Zoning CMX2
Occupancy 100%
Lease Type NNN
Net Operating Income $62,512

Additional Details

Multifamily Units 3

Building Details

Year Built 1915
Year Renovated 2016
Buildings 2
Stories 3
Units 4
Tenancy Multi
Listing Agency: KW Commercial Cherry Hill
Listed By: Paul Cheng · License #PA & NJ
Source: Crexi
Added: Apr 3 Changed: Aug 17 Last Checked: Sep 7 at 9:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Cherry Hill

Investment Insights

Based on property information with market context.

This mixed-use, two-building property totals four units, combining storefront commercial space with residential apartments. At 1537 South St, a commercial space is currently available for lease and includes a full basement. Two residential apartments above feature full kitchens and bathrooms, hardwood floors, laundry facilities, updated tile bathrooms, and separate utilities.

A second building at 1536 Rodman provides additional flexibility, with a one-bedroom unit that includes a full kitchen, bathroom, outdoor deck, and basement, along with laundry facilities, updated tile bathrooms, and separate utilities.

The property is located on the South Street corridor and is described as within walking distance of the Broad Street Subway line, restaurants, and shopping.

Key Highlights

  • 4‑unit, two‑building property in Philadelphia with storefront commercial space plus three residential units
  • Commercial space currently available for lease at $1,600 and includes a full basement
  • Residential units include full kitchens, bathrooms, and hardwood floors; updated tile bathrooms

Property Analytics

Current Use

Walgreens Marketing & Advertising Diamond Beauty Cosmetics ... Cosmetic Store HD Clothing Clothing Store

Suggested Use

Top Pick Tanning Salon Electrical Service Clothing & Fashion Store (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

13,820
Businesses Nearby

Demographics for 19146, PA

41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two-building property with storefront commercial space and three residential units, each with laundry, updated tile bathrooms, and separate utilities.
Where is this multifamily property located?
The property is located at 1537 South St Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 4‑unit, two‑building property in Philadelphia with storefront commercial space plus three residential units; Commercial space currently available for lease at $1,600 and includes a full basement; Residential units include full kitchens, bathrooms, and hardwood floors; updated tile bathrooms
More about this property
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