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    Mixed-Use Property in Northern Liberties Title is generated by Realmo AI

    331 W GIRARD Avenue, Philadelphia, PA 19123

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    For Sale
    $549,000

    MULTI_FAMILY - Colonial - PHILADELPHIA, PA

    Property size:
    2,196 SF
    Lot size:
    0.03 Acres
    Price / SF:
    $250/SF
    Added:
    Jan 12, 2026
    Days on Market:
    149
    Last Refresh:
    Jun 10 at 3:06 pm

    Property Features for 331 W GIRARD Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    On Street
    Interior features
    Ceiling Fan(s)
    Standard status
    Active
    Size
    2,196 SF
    Lot size
    0.03 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5824

    Utilities

    Heating system
    Electric (Heating), Baseboard, Other (Heating)
    Cooling system
    Window Unit(s), Ductless

    Building Details

    Year built
    1921
    Number of units
    3
    Building materials
    Brick
    Architectural style
    Colonial

    We can help!

    Listing Contact
    Ralph Marion Harvey III

    Listing agent Ralph Marion Harvey III License #RM424475

    Listing office ListWithFreedom.com 5724 SW 77th Avenue Road, Boynton Beach, PA

    Listing date Jan 12, 2026

    MLS# PAPH2573878 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.

    HighLights

    • Prime Northern Liberties location - steps from dining, shops & transit
    • First‑floor commercial space - perfect for retail or office
    • Cash‑flowing, mixed‑use asset with strong upside potential
    • Opportunity to live on‑site while generating income
    • Well‑maintained property
    • Brick construction

    Overview

    This well-maintained mixed-use property offers a blend of investment and lifestyle opportunities. The property is located in the Northern Liberties neighborhood of Philadelphia. The property has a total size of 2196 square feet and a lot size of 0.0257 acres. It features a by-right first-floor commercial space, suitable for retail or office use. The property is located steps from dining, shops and transit. The property offers the potential to live on-site while generating income, or lease the units for steady cash flow. The first-floor commercial space provides additional earning potential in one of Philadelphia's fastest-growing neighborhoods.

    Local Financial Insights For Apartment 5plus

    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 $66.7k $30.36
    − Vacancy −$3.9k −$1.76
    EGI $62.8k $28.60
    − OpEx −$28.3k −$12.87
    NOI $34.5k $15.73
    2,196 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $493.5K
    $431.8K – $575.7K (±1% cap)
    NOI $34,542 @ 7.0% cap · market cap 6.29%
    Second Best
    Office B
    $412.8K
    $361.2K – $481.6K (±1% cap)
    NOI $28,898 @ 7.0% cap · market cap 5.26%
    Theoretical Best
    Multifamily LT 5
    $535.4K
    $468.4K – $624.6K (±1% cap)
    NOI $37,475 @ 7.0% cap · market cap 6.83%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Tiffany Psychic Spiritual Center Inner Sanctum RituWell Alternative Medicine Practice

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.14265
    Latitude
    39.97012

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    FAQs

    What type of property is this?
    Mixed-use property - Cash-flowing mixed-use asset in Philadelphia's Northern Liberties neighborhood.
    Where is this mixed-use property located?
    The property is located at 331 W GIRARD Avenue Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: Prime Northern Liberties location - steps from dining, shops & transit; First‑floor commercial space - perfect for retail or office; Cash‑flowing, mixed‑use asset with strong upside potential
    (855) 456-4945
    We can help!
    Listing Contact
    Ralph Marion Harvey III
    Real Estate License ID: RM424475
    Learn More
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