Mixed-Use Property with Retail and
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
(215) 757-6100
Listed By:
Monica A Flores · License #AB068347
(267) 979-6038
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.
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
NOI $37,543 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$494.4K
$432.6K – $576.8K
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
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,944
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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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)