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Mixed-Use Property with Retail and Apartments
For Sale
$740,000

1901 N HOWARD Street, Philadelphia, PA 19122

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size2,200 SF
Lot Size0.03 Acres
Price / SF$336.36
Days on Market122

Property Features for 1901 N HOWARD Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking features On Street
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 2,200 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 2270

Utilities

Heating system Heat Pump (Heating), Baseboard, Electric (Heating)
Cooling system Ductless, Window Unit(s)

Building Details

Year built 1915
Number of units 3
Building materials Masonry
Architectural style Other
Listing Agency: Keller Williams Real Estate-Langhorne · Keller Williams Realty
Listed By: Monica A Flores · License #AB068347
Added: Apr 1 Changed: Jul 13 Last Checked: Jul 31 at 2:06AM
MLS# PAPH2601032

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.

Investment Insights

Based on property information with market context.

This mixed-use building offers five income streams with three commercial suites on the first floor and two residential units on the upper levels. The first floor includes a hair salon currently generating $1,200 per month, a second suite at $800 per month, and a third suite operating as a barber shop at $950 per month. The upper floors include a 1-bedroom apartment rented for $1,040 per month and a 2-bedroom unit that was previously rented for $1,200 per month.

The property is identified as a CMX-2 mixed-use asset. It is positioned near the intersection of Fishtown and Northern Liberties, with convenient access to major highways and public transportation, according to the listing remarks.

At approximately 2,200 square feet on a 0.0274-acre lot, the property is being marketed as a mixed-use investment with both in-place revenue and value-add considerations.

Key Highlights

  • 1915 masonry mixed‑use property with CMX‑2 zoning and on‑street parking
  • First floor has 3 commercial suites: hair salon ($1,200/mo), suite 2 ($800/mo), and barber shop ($950/mo)
  • Upper level includes 2 residential units: 1‑bedroom ($1,040/mo) and 2‑bedroom (previously $1,200/mo)

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 $56.8k $25.80
− Vacancy −$3.1k −$1.42
EGI $53.6k $24.38
− OpEx −$16.1k −$7.31
NOI $37.5k $17.06
2,200 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$536.3K
$469.3K – $625.7K (±1% cap)
NOI $37,543 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$494.4K
$432.6K – $576.8K (±1% cap)
NOI $34,605 @ 7.0% cap · market cap 4.68%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Rosalinda Beauty Salon Hair Salon

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Parking Lot & Garage Travel Agency Clothing & Fashion Store Arcade & Gaming 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

2
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,944
Businesses Nearby

Demographics for 19122, PA

26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Five-unit mixed-use building with three ground-floor commercial suites and two residential apartments above.
Where is this duplex located?
The property is located at 1901 N HOWARD Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: 1915 masonry mixed‑use property with CMX‑2 zoning and on‑street parking; First floor has 3 commercial suites: hair salon ($1,200/mo), suite 2 ($800/mo), and barber shop ($950/mo); Upper level includes 2 residential units: 1‑bedroom ($1,040/mo) and 2‑bedroom (previously $1,200/mo)
More about this property
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