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Three-Unit Rowhome
For Sale
$562,000

1841 N 33RD Street, Philadelphia, PA 19121

Multi-Family, PHILADELPHIA, PA

Property Size2,790 SF
Lot Size0.04 Acres
Price / SF$201.43
Days on Market296

Property Features for 1841 N 33RD Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Basement
Parking features On Street
Subdivision STRAWBERRY MANSION
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Size 2,790 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 4174

Utilities

Heating system Electric (Heating), Baseboard
Cooling system Wall Unit(s)

Building Details

Year built 1915
Number of units 3
Building materials Masonry, Brick, Stucco
Listing Agency: Redfin Corporation
Listed By: Melissa Rae Theodule
Added: Dec 30, 2025 Changed: Oct 8 Last Checked: Oct 22 at 10:06PM
MLS# PAPH2569160

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.

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Investment Insights

Based on property information with market context.

This 2,790-square-foot triplex rowhome, constructed in 1915, contains two three-bedroom, two-bath residences and one two-bedroom, two-bath residence. The building features masonry construction with brick and stucco finishes, along with a full basement for storage. Heating is provided by electric baseboard systems, and cooling is handled by wall units.

The property occupies a 0.0424-acre lot in Philadelphia’s 19121 ZIP code. On-street parking serves the building. Its three-unit configuration and varied bedroom layouts provide a clearly defined multifamily format within an established rowhome structure.

Key Highlights

  • Three‑unit configuration with two three‑bedroom units and one two‑bedroom unit
  • Each residence includes 2 bathrooms
  • 2,790 square feet on a 0.0424‑acre lot

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 (±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. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Brick-and-stucco multifamily property with a full basement, electric baseboard heat, and wall-unit cooling.
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 configuration with two three‑bedroom units and one two‑bedroom unit; Each residence includes 2 bathrooms; 2,790 square feet on a 0.0424‑acre lot
More about this property
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