Three-Unit
For Sale
$562,000
1841 N 33Rd Street, Philadelphia, PA 19121
Three residential units include two three-bedroom layouts and one two-bedroom layout, each with two bathrooms.
Property Size2,790 SF
Price / SF$201.43
Days on Market52
Property Features for 1841 N 33Rd Street
General Information
Standard status
Active
Size
2,790 SF
Property subtype
Multi-Family
Zoning
MULTI
Site & Location
Neighborhood
North Philadelphia
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
Full,Unfinished
Electric
Yes
No
Assessor
2
No Pool
Public
U50
20.00 x 92.00
0.04
On Street
Brick/Mortar
59640.00
Building Details
Building Size
2,790 SF
Year Built
1915
Listing Agency:
Coldwell Banker Commercial
(856) 222-0077
Listed By:
Christopher Twardy · License #1540241
(609) 304-2314
Source:
Thetristaterealestategroup
Added: Sep 9
Changed: Oct 29
Last Checked: Oct 28 at 5:34AM
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 Coldwell Banker Commercial
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Investment Insights
Based on property information with market context.
This Philadelphia triplex rowhome contains 2,790 square feet of property area and was built in 1915. The configuration includes two three-bedroom, two-bath units and one two-bedroom, two-bath unit, providing three separate residential layouts within the building. A full unfinished basement adds storage space, while the brick and mortar exterior reinforces the building’s traditional rowhome construction.
The property is located at 1841 N 33rd Street in Philadelphia, Pennsylvania, within the MULTI zoning designation. The parcel measures 20.00 x 92.00 feet and encompasses 0.04 acres. On-street parking serves the property, and public water service is identified in the property information.
The property is located at 1841 N 33rd Street in Philadelphia, Pennsylvania, within the MULTI zoning designation. The parcel measures 20.00 x 92.00 feet and encompasses 0.04 acres. On-street parking serves the property, and public water service is identified in the property information.
Key Highlights
- Three‑unit triplex rowhome in Philadelphia
- Two 3‑bedroom / 2‑bath units and one 2‑bedroom / 2‑bath unit
- 2,790 property size
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,611
Cap Rate
8.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$952,220
$952.2K
Cap Rate 7%
$680,157
$680.2K
Cap Rate 9%
$529,011
$529.0K
Market Conditions
NOI Build-Up for 2,790 SF
Gross rent
$72.0K $25.80/SF
− Vacancy
−$4.0K −$1.42/SF
EGI
$68.0K $24.38/SF
− OpEx
−$20.4K −$7.31/SF
NOI
$47.6K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$952,220
Cap Rate 7%
$680,157
Cap Rate 9%
$529,011
Alternative Uses
Best Use
Multifamily LT 5
$680.2K
$595.1K – $793.5K
NOI $47,611 @ 7.0% cap · market cap 8.47%
Second Best
Apartment 5plus
$626.9K
$548.6K – $731.4K
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.
How Realmo checks its estimates
Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
791
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units include two three-bedroom layouts and one two-bedroom layout, each with two bathrooms.
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 triplex rowhome in Philadelphia; Two 3‑bedroom / 2‑bath units and one 2‑bedroom / 2‑bath unit; 2,790 property size
