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1947 N 33rd StreetPhiladelphia, PA 19121

For Sale

$1,370,000

Smart Buyer Rebate $13,700

1947 N 33rd Street: A turnkey, fully-stabilized, new construction multifamily asset with a 7.5% cap rate in North Philadelphia West across from Fairmount Park, featuring 5 spacious residential units - all two or three bedrooms each (average 1,380 SF per unit!) - on a desirable, scenic park-front stretch of North 33rd Street. Acquire this high-quality, low-maintenance, new-build (2020 vintage) with a little over 5 years remaining on a full 10-year property tax abatement. Delivered 100% leased, the property offers both steady cash flow and strong appreciation potential driven by the rapidly-developing North Philadelphia submarket. As new construction activity in Philadelphia declines, demand is expected to outpace supply, driving further rental growth in 2025, presenting a unique opportunity for investors to acquire a high-quality, income-producing asset with significant long-term upside.

Listed by Samantha Lee Miller

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License #RS352351

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Select Commercial Advisors

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2153153326

Last updated October 08, 2025

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Source: BrightMLS #PAPH2485888

Listing Facts

  • TypeMulti-family
  • NeighborhoodStrawberry Mansion
  • Days on Prevu154
  • Taxes$1,275/year
  • Size8,467 sqft
  • Price per sqft$162

Location

Mortgage Calculator

Listing History

09/30/2025
Price Decreased
$1,370,000
06/03/2025
Price Decreased
$1,375,000
05/22/2025
Listed by Select Commercial Advisors
$1,475,000

Property Details for 1947 N 33rd Street

Exterior

Construction

  • New Construction: Yes
  • Number Of Units Total: 4
  • Property Condition: Excellent
  • Year Built: 2020
  • Architectural Style: Contemporary
  • Construction Materials: Brick

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.05
  • Lot Size Dimensions: 24
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2,160
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.5

Taxes

  • Tax Annual Amount: $1,275.00
  • Tax Year: 2024

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 8,467
  • Living Area Source: Assessor

Other

Location

  • Tax Lot: 53

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.