Corner Mixed-Use
2033 MCKEAN Street, Philadelphia, PA 19145
For Sale
$320,000
Multi-Family, PHILADELPHIA, PA
Property Size1,920 SF
Lot Size0.02 Acres
Price / SF$166.67
Days on Market11
Property Features for 2033 MCKEAN Street
General Information
Property type
Property subtype
Rooms
Parking features
Subdivision
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Site & Location
Corner Location
Mixed-Use Components
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Building Details
Year built
Number of units
Building materials
Architectural style
Buildings
Listing Agency:
EXP Realty, LLC
(888) 397-7352
Listed By:
Lay Gauv · License PA RS340985
(267) 259-6034
Added: Nov 2
Changed: Nov 10
Last Checked: Nov 12 at 9:06AM
MLS# PAPH2686216
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 two-story masonry property contains 1,920 square feet on a 0.0218-acre lot. The ground level is commercial space with a full bathroom and stall shower. Above it, a tenant-occupied apartment has three bedrooms and one full bathroom. The property also includes a basement and was built in 1920.
The building is at 2033 McKean Street in South Philadelphia, near East Passyunk Avenue, Center City, and the South Philadelphia Sports Complex. Local restaurants, shops, public transportation, and major roadways are also nearby. Parking is on street.
The building is at 2033 McKean Street in South Philadelphia, near East Passyunk Avenue, Center City, and the South Philadelphia Sports Complex. Local restaurants, shops, public transportation, and major roadways are also nearby. Parking is on street.
Key Highlights
- Two‑story masonry building with 1,920 square feet
- 0.0218‑acre lot at a corner location
- Ground‑floor commercial space includes a full bathroom with stall shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,810
Cap Rate
7.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,200
$456.2K
Cap Rate 7%
$325,857
$325.9K
Cap Rate 9%
$253,444
$253.4K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$41.5K $21.60/SF
− Vacancy
−$5.0K −$2.59/SF
EGI
$36.5K $19.01/SF
− OpEx
−$13.7K −$7.13/SF
NOI
$22.8K $11.88/SF
Area
Philadelphia, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,200
Cap Rate 7%
$325,857
Cap Rate 9%
$253,444
Alternative Uses
Best Use
Mixed Use
$325.9K
$285.1K – $380.2K
NOI $22,810 @ 7.0% cap · market cap 7.13%
Second Best
Retail
$310.0K
$271.3K – $361.7K
NOI $21,700 @ 7.0% cap · market cap 6.78%
Theoretical Best
Multifamily LT 5
$468.1K
$409.6K – $546.1K
NOI $32,765 @ 7.0% cap · market cap 10.24%
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
Current Use
Location Intelligence
Trade Area within ½ mile
3,208
Businesses Nearby
63k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Apparel 45%
Dining 5%
Home Improvements & Furnishings 1%
Ross Dress for Less
Apparel
27,736 visits/mo
0.5 miles
7-Eleven
Shops & Services
9,595 visits/mo
0.4 miles
Conoco
Shops & Services
9,338 visits/mo
0.3 miles
Dollar General
Shops & Services
4,623 visits/mo
0.3 miles
Sunoco
Shops & Services
4,488 visits/mo
0.3 miles
Demographics for 19145, PA
47,079
Population
21,295
Households
2.2
Avg Household Size
38
Median Age
36%
College-Educated
89%
High-School Grad
4.8 sq mi
ZIP Area
9,808
Density / Sq Mi
$70,374
Median Household Income
$45,940
Median Earnings
$1,343
Median Rent
$290,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA
Properties on Market for Mixed-use properties in Philadelphia
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Mixed-use property - A tenant-occupied three-bedroom apartment sits above street-level commercial space with a full bathroom.
Where is this mixed-use property located?
The property is located at 2033 MCKEAN Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Two‑story masonry building with 1,920 square feet; 0.0218‑acre lot at a corner location; Ground‑floor commercial space includes a full bathroom with stall shower
