Philadelphia Land Development
For Sale
$1,999,999
2127-33 PENROSE Avenue, Philadelphia, PA 19145
Land, PHILADELPHIA, PA
Property SizeContact for details
Lot Size0.33 Acres
Days on Market392
Property Features for 2127-33 PENROSE Avenue
General Information
Property type
Land
Property subtype
Other
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
Lot size
0.33 Acres
Taxes and HOA fees
Tax Annual Amount
1000
Listing Agency:
Target Realty · Century 21 Real Estate
Listed By:
Dat Duong
(215) 218-0939
Added: Aug 8, 2025
Changed: Sep 3
Last Checked: Sep 3 at 9:06AM
MLS# PAPH2525622
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 presents an opportunity to invest and build in a desirable area. The site boasts approximately 14,398 square feet of land and includes a previously remodeled two-story detached house with 2 bedrooms and 1.5 bathrooms, approved parking for 4 cars, and a shed. The property allows for the construction of a three-story building with over 20 units and parking. Alternatively, the site could accommodate townhouses valued at a minimum of $5 million each. The property faces three streets, with the front on Penrose Avenue facing the Packer Park/Westrum development, the back on 22nd Street facing Sienna Place, and the right side on Hartranft facing Penrose Plaza/Dunkin Donuts. The left side faces Penrose Diner and Holiday Inn. The location is near FDR Park and minutes from the Navy Yard, the Sports Complex (Welfargo Lincoln Financial Field), the Bellwether District, and Live Hotel Casinos. Highways 95 and 76, as well as the Walt Whitman Bridge, are nearby.
Key Highlights
- Large 14,398 sq ft lot with development potential.
- Approved 4‑car parking and a shed included.
- Potential to build 20+ units or luxury townhouses.
Property Analytics
Property Profile
Current Use
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime land for development in Philadelphia's desirable location.
Where is this commercial land 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 14,398 sq ft lot with development potential.; Approved 4‑car parking and a shed included.; Potential to build 20+ units or luxury townhouses.
