Two-Building Mixed-Use
For Sale
$620,000
2327 2327-29 S 7th St, Philadelphia, PA 19148
Two attached buildings combine CMX1-zoned commercial space with residential apartments across upper floors.
Property Size4,031 SF
Price / SF$153.81
Days on Market67
Property Features for 2327 2327-29 S 7th St
General Information
Standard status
Active
Size
4,031 SF
Property subtype
Multi-Family
Zoning
CMX1
Building Details
Year Built
1915
Buildings
2
Stories
3
Tenancy
Multi
Listing Agency:
Global Hubs Realty Group, LLC
Listed By:
Guang X. Li · License #1648846
(347) 556-9362
Source:
Bethsamberg
Added: Aug 10
Changed: Oct 12
Last Checked: Oct 7 at 4:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Global Hubs Realty Group, LLC
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Investment Insights
Based on property information with market context.
This mixed-use property comprises two buildings with commercial space at ground level and residential apartment units on the second and third floors. The first floors are designated CMX1, providing a commercial component within the property’s existing multi-level configuration.
Constructed in 1915, the property is located at 2327-2329 S 7th St in Philadelphia, Pennsylvania. The reported property size is 4,031, and the sale is offered in as-is condition.
Constructed in 1915, the property is located at 2327-2329 S 7th St in Philadelphia, Pennsylvania. The reported property size is 4,031, and the sale is offered in as-is condition.
Key Highlights
- Two‑building mixed‑use property at 2327‑2329 S 7th St, Philadelphia, PA 19148
- CMX1 zoning applies to the ground‑floor commercial areas
- Residential apartment units occupy the second and third floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,888
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$957,760
$957.8K
Cap Rate 7%
$684,114
$684.1K
Cap Rate 9%
$532,089
$532.1K
Market Conditions
NOI Build-Up for 4,031 SF
Gross rent
$87.1K $21.60/SF
− Vacancy
−$10.4K −$2.59/SF
EGI
$76.6K $19.01/SF
− OpEx
−$28.7K −$7.13/SF
NOI
$47.9K $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%
$957,760
Cap Rate 7%
$684,114
Cap Rate 9%
$532,089
Alternative Uses
Best Use
Apartment 5plus
$905.8K
$792.6K – $1.06M
NOI $63,406 @ 7.0% cap · market cap 10.23%
Second Best
Mixed Use
$684.1K
$598.6K – $798.1K
NOI $47,888 @ 7.0% cap · market cap 7.72%
Theoretical Best
Multifamily LT 5
$982.7K
$859.9K – $1.15M
NOI $68,789 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,190
Businesses Nearby
Explore this area
Business Placement
Demographics for 19148, PA
53,976
Population
22,944
Households
2.4
Avg Household Size
36
Median Age
39%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
12,851
Density / Sq Mi
$80,469
Median Household Income
$50,067
Median Earnings
$1,492
Median Rent
$296,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two attached buildings combine CMX1-zoned commercial space with residential apartments across upper floors.
Where is this mixed-use property located?
The property is located at 2327 2327-29 S 7th St Philadelphia, PA.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Two‑building mixed‑use property at 2327‑2329 S 7th St, Philadelphia, PA 19148; CMX1 zoning applies to the ground‑floor commercial areas; Residential apartment units occupy the second and third floors
