Large Land Parcel in
For Sale
$1,999,999
2127-33 PENROSE Avenue, Philadelphia, PA 19145
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,300 SF
Lot Size0.33 Acres
Price / SF$1,538
Days on Market392
Property Features for 2127-33 PENROSE Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Driveway
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
1,300 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Annual Amount
1000
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1950
Number of units
4
Building materials
Brick
Architectural style
Other
Listing Agency:
Target Realty · Century 21 Real Estate
Listed By:
Dat Duong
(215) 218-0939
Added: Aug 8, 2025
Changed: Jun 9
Last Checked: Sep 3 at 4:06AM
MLS# PAPH2525668
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 property offers a significant investment opportunity with approximately 14,398 square feet of land. It includes a previously remodeled, single detached two-story house featuring two bedrooms and one and a half bathrooms, along with approved parking for four cars and a shed. The property allows for the construction of a three-story building with over 20 units, including parking, by right. Alternatively, the site could accommodate five or more townhouses. The property is situated on a corner lot, fronting Penrose Avenue and facing the Packer Park/Westrum development. The backside faces 22nd Street and Sienna Place, while the right side faces Hartranft, Penrose Plaza, and Dunkin Donuts. The left side faces Penrose Diner and Holiday Inn. It is located near FDR Park, the Navy Yard, the Sports Complex, including Welfargo and Lincoln Financial Field, the Bellweather District, and Live Hotel Casinos. Highways 95 and 76, as well as the Walt Whitman Bridge, are also nearby.
Key Highlights
- Large lot size (14,398 sq ft) with potential for development.
- Zoning allows for building 20+ units or 5+ townhouses.
- Prime location facing three streets: Penrose Ave, 22nd Street, and Hartranft Street.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
740
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - 14,398 SF land parcel with development potential in Philadelphia.
Where is this residential land & home lot located?
The property is located at 2127-33 PENROSE Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: Large lot size (14,398 sq ft) with potential for development.; Zoning allows for building 20+ units or 5+ townhouses.; Prime location facing three streets: Penrose Ave, 22nd Street, and Hartranft Street.
