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Three-Unit Rowhome
New
For Sale
$562,000

1841 N 33RD STREET, Philadelphia, PA 19121

Two larger residences and one smaller unit share a full basement and street parking.

Property Size2,790 SF
Days on Market3

Property Features for 1841 N 33RD STREET

General Information

Standard status Active
Size 2,790 SF
Property subtype Triplex

Units

Unit Mix 2 x 3BR/2BA, 1 x 2BR/2BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $4,174

Amenities

full basement

Building Details

Building Size 2,790 SF
Year Built 1915
Listing Agency: Redfin Corporation
Listed By: Melissa Rae Theodule
Source: Patmckennarealtors
Added: Aug 3 Changed: Aug 4 Last Checked: Aug 5 at 5:08AM

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 Redfin Corporation

Investment Insights

Based on property information with market context.

Built in 1915, this Philadelphia rowhome contains three residential units arranged as two 3-bedroom, 2-bath residences and one 2-bedroom, 2-bath residence. A full basement provides additional storage, while street parking serves the property. The building is located at 1841 N 33RD STREET in Philadelphia’s Strawberry Mansion area, within ZIP Code 19121.

Key Highlights

  • Three‑unit residential rowhome in Philadelphia
  • Unit mix includes two 3‑bedroom, 2‑bath residences and one 2‑bedroom, 2‑bath residence
  • Built in 1915

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 $72.0k $25.80
− Vacancy −$4.0k −$1.42
EGI $68.0k $24.38
− OpEx −$20.4k −$7.31
NOI $47.6k $17.06
2,790 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$680.2K
$595.1K – $793.5K (±1% cap)
NOI $47,611 @ 7.0% cap · market cap 8.47%
Second Best
Apartment 5plus
$626.9K
$548.6K – $731.4K (±1% cap)
NOI $43,885 @ 7.0% cap · market cap 7.81%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Skin Care Clinic Spa & Massage Center

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

791
Businesses Nearby

Demographics for 19121, PA

41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Two larger residences and one smaller unit share a full basement and street parking.
Where is this triplex located?
The property is located at 1841 N 33RD STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $562,000.
What are key features of this property?
This property features: Three‑unit residential rowhome in Philadelphia; Unit mix includes two 3‑bedroom, 2‑bath residences and one 2‑bedroom, 2‑bath residence; Built in 1915
More about this property
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