2337 S 13TH Street, Philadelphia, PA 19148
MULTI_FAMILY - PHILADELPHIA, PA
- Added:
- Sep 10, 2022
- Days on Market:
- 1370
- Last Refresh:
- Jun 10 at 12:06 pm
Property Features for 2337 S 13TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 4,896 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5291
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1940
- Number of units
- 4
- Building materials
- Masonry
Listing agent Michael J Moss License #RS286764 (215) 416-3980
Listing office Mercury Real Estate Group 1328 W Shunk Street, Philadelphia, PA (215) 462-5100
Listing date Sep 10, 2022
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.
HighLights
- Prime Philadelphia location on a visible, double‑wide corner lot across from Methodist Hospital and medical offices.
- Commercially zoned for school use; potential for business operation or conversion to apartments.
- Expansive 4‑level floor plan with multiple entrances, large rooms, break room space, and abundant storage.
- Updated mechanicals and excellent interior cosmetics require minimal additional work.
- Features include an open‑air patio, reception area, 3 restrooms, and central air conditioning.
- Easy access for clients via subway and buses; close proximity to Passyunk Square's amenities.
Overview
Located in Philadelphia at 2337 S 13TH Street, the property is described as highly visible and positioned across from Methodist hospital and medical offices. The building is commercially zoned for a school use, with a use change required for other specific business types. Access for clients is noted as convenient, with nearby connections to the subway and buses, and the area is referenced as being close to music, art, and cultural events in Passyunk Square.
With its school zoning and adaptable layout, the property can fit operators looking for an educational facility or an office/medical conversion, subject to the necessary use change approvals. The building also presents an alternative path for owners considering conversion of the three-story living quarters into rental apartments, depending on permitting and intended configuration.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $107.5k | $21.96 |
| − Vacancy | −$21.6k | −$4.41 |
| EGI | $85.9k | $17.55 |
| − OpEx | −$21.5k | −$4.39 |
| NOI | $64.4k | $13.16 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.1680985
- Latitude
- 39.9205017
