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    Renovated 3-Story Multifamily with In-Unit Laundry Title is generated by Realmo AI

    1829 N 33RD Street, Philadelphia, PA 19121

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    For Sale
    $710,000

    MULTI_FAMILY - PHILADELPHIA, PA

    Property size:
    3,271 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $217/SF
    Added:
    Apr 22, 2026
    Days on Market:
    55
    Last Refresh:
    Jun 15 at 3:06 pm

    Property Features for 1829 N 33RD Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Size
    3,271 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3224

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Ductless

    Building Details

    Year built
    1915
    Number of units
    4
    Building materials
    Masonry

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    Listing Contact
    Samantha Lee Miller

    Listing agent Samantha Lee Miller License #RS352351

    Listing office Mallin Panchelli Nadel Realty Inc 1601 Walnut Street unit: 900, Philadelphia, PA

    Listing date Apr 22, 2026

    MLS# PAPH2611202 Listing URL

    Copyright © 2026 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.

    HighLights

    • 3,271 SF multifamily building built in 1915 with masonry construction
    • Five residential units: three 1 bed/1 bath, one 2 bed/2 bath, and one 3 bed/2 bath
    • Currently licensed for four units; the 5th unit is not part of zoning nor licensed
    • Central air and/or ductless mini‑splits in all units
    • In‑unit washer and dryer for every unit
    • Multistory building with modern finishes throughout

    Overview

    1829 N 33rd Street is a renovated three-story multifamily building totaling 3,271 SF and comprising five residential units. The unit mix includes three 1-bedroom/1-bath apartments, one 2-bedroom/2-bath apartment, and one 3-bedroom/2-bath apartment. Each unit is equipped with central air or mini-splits and features washer and dryer in-unit, along with modern finishes.

    The property is currently licensed for four (4) units. The fifth unit is not part of the zoning and is not licensed. The building is located in the Strawberry Mansion neighborhood of Philadelphia, with close proximity to Fairmount Park and Center City.

    For an owner-occupant or operator seeking a renovated, move-in-ready rental property, the combination of five distinct units and in-unit laundry supports day-to-day tenant convenience. The licensing structure is an important consideration for how the property may be used and positioned operationally going forward, particularly given that only four units are currently licensed.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $84.4k $25.80
    − Vacancy −$4.6k −$1.42
    EGI $79.7k $24.38
    − OpEx −$23.9k −$7.31
    NOI $55.8k $17.06
    3,271 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $797.4K
    $697.7K – $930.3K (±1% cap)
    NOI $55,819 @ 7.0% cap · market cap 7.86%
    Second Best
    Apartment 5plus
    $735.0K
    $643.1K – $857.5K (±1% cap)
    NOI $51,451 @ 7.0% cap · market cap 7.25%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.1875
    Latitude
    39.98497

    FAQs

    What type of property is this?
    Quadplex - Renovated three-story building with five units, in-unit washer/dryer, and multiple A/C options, licensed for four.
    Where is this quadplex located?
    The property is located at 1829 N 33RD Street Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $710,000.
    What are key features of this property?
    This property features: 3,271 SF multifamily building built in 1915 with masonry construction; Five residential units: three 1 bed/1 bath, one 2 bed/2 bath, and one 3 bed/2 bath; Currently licensed for four units; the 5th unit is not part of zoning nor licensed
    More about this property
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