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Large Land Parcel in Philadelphia

2127-33 PENROSE Avenue Philadelphia, PA 19145

2127-33 PENROSE Avenue, Philadelphia, PA, 19145
$1,999,999
For Sale
$1,999,999

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size1,300 SF
Lot Size0.33 Acres
Price / SF$1,538
Days on Market345

Property Features for 2127-33 PENROSE Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Driveway
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
612 Washington Avenue unit: 1, Philadelphia, PA
Listed by Dat Duong
Added: Aug 8, 2025 Checked: Jul 18 at 1:06 am
MLS# PAPH2525668 Listing URL

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 Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Law Firm Real Estate Agency Building Supply Spa & Massage Center Hair Salon Big Box & Wholesale Store Skin Care Clinic Electrical Service Auto Parts Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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.
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