Corner Mixed-Use
For Sale
$269,999
433 W SOMERSET Street, Philadelphia, PA 19133
MULTI_FAMILY - PHILADELPHIA, PA
Property Size1,060 SF
Lot Size0.02 Acres
Price / SF$254.72
Days on Market130
Property Features for 433 W SOMERSET Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,060 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
813
Utilities
Heating system
Central, Other (Heating)
Cooling system
Central Air
Building Details
Year built
1920
Number of units
2
Building materials
Masonry
Listing Agency:
Homestarr Realty
(215) 355-5565
Listed By:
Aldo Torres
(267) 575-1325
Added: Mar 24
Changed: Jul 13
Last Checked: Jul 31 at 5:06AM
MLS# PAPH2599202
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 CMX-1 zoned corner duplex combines renovated commercial space with a residential unit. The commercial portion has been fully renovated and includes central air. The residential unit is a well-maintained 2-bedroom, 1-bath apartment currently rented on a month-to-month lease.
The property is located at 433 W Somerset Street in Philadelphia, PA 19133. It is configured to support both owner-occupancy and tenant use, with the residential unit already providing current rental income under the existing lease terms.
With approximately 1,060 square feet of total property size on a lot of about 0.0177 acres, this mixed-use duplex offers a straightforward, live-and-work style layout within a single corner building.
The property is located at 433 W Somerset Street in Philadelphia, PA 19133. It is configured to support both owner-occupancy and tenant use, with the residential unit already providing current rental income under the existing lease terms.
With approximately 1,060 square feet of total property size on a lot of about 0.0177 acres, this mixed-use duplex offers a straightforward, live-and-work style layout within a single corner building.
Key Highlights
- CMX‑1 zoned corner duplex with both commercial and residential space
- Commercial space has been fully renovated and includes central air
- Central heating and central air provided
Financial Insights For Multifamily LT 5
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 | $27.3k | $25.80 |
| − Vacancy | −$1.5k | −$1.42 |
| EGI | $25.8k | $24.38 |
| − OpEx | −$7.8k | −$7.31 |
| NOI | $18.1k | $17.06 |
1,060 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$258.4K
$226.1K – $301.5K
NOI $18,089 @ 7.0% cap · market cap 6.70%
Second Best
Apartment 5plus
$238.2K
$208.4K – $277.9K
NOI $16,673 @ 7.0% cap · market cap 6.18%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,299
Businesses Nearby
Explore this area
Business Placement
Demographics for 19133, PA
24,772
Population
10,766
Households
2.3
Avg Household Size
34
Median Age
7%
College-Educated
63%
High-School Grad
1.3 sq mi
ZIP Area
19,055
Density / Sq Mi
$31,756
Median Household Income
$26,563
Median Earnings
$919
Median Rent
$85,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - CMX-1 corner duplex with renovated commercial space and a 2-bed, 1-bath apartment on a month-to-month lease.
Where is this duplex located?
The property is located at 433 W SOMERSET Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $269,999.
What are key features of this property?
This property features: CMX‑1 zoned corner duplex with both commercial and residential space; Commercial space has been fully renovated and includes central air; Central heating and central air provided
