1 of 22

Want to see this property?

1947 N 33rd Street

Philadelphia, PA 19121

– beds
– baths
8,467 sqft
2,160 sqft lot
$174 per sqft
2020 build

1947 N 33rd Street: A turnkey, fully-stabilized, new construction multifamily asset 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.

Listing courtesy of BRIGHT / Select Commercial Advisors

Last checked: Checking… • Last updated May 22, 2025 •

MLS# PAPH2485888 —

The Building

Year Built:

2020
Year Built Source:

Assessor
New Construction:

Yes
Construction Materials:

Brick
Construction Completed:

No
Building Units Total:

4
Structure Type:

End of Row/Townhouse
Architectural Style:

Contemporary
Accessibility Features:

None
Foundation Details:

Concrete Perimeter
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

8467

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

8467
Living Area SqFt:

8,467 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Immediate

Location

Directions:

Google Maps
Latitude:

39.98700000
Longitude:

-75.18710000

The Property

Property Type:

Multi-Family
Property Subtype:

Other
Property Condition:

Excellent
Lot Size Units:

Square Feet
Lot Size Acres:

0.05
Lot Size Source:

Assessor
Lot Size Dimensions:

24.00 x 90.00
Lot Dimensions Source:

Assessor
Lot SqFt:

2,160 Sqft
Zoning Description:

Multifamily
Zoning:

RM1
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

SR
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

881000970
Tax Year:

2024
Tax Lot:

53
Tax Annual Amount:

$1,275
Tax Assessed Value:

$91,100
Year Assessed:

2025
School Tax:

714.0
City/Town Tax:

561.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Electric

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Electric
Water Source:

Public

Schools

School District Name:

Philadelphia City
School District Source:

Listing Agent

The Community

Pool:

No Pool
Cap Rate:

7.00

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Vacation Rental:

No
Two Bedroom Units:

1
Three Bedroom Units:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/22/25 May 22, 2025	Listed / Active	BRIGHT	$1,475,000

Want a closer look?

Go see 1947 N 33rd Street

Or Call Toll Free 1-800-258-2512

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Philadelphia, PA

Similar sold homes

This multifamily located in Lower North, Philadelphia, PA 19121 is currently for sale for $1,475,000. 1947 N 33rd Street is a 8,467 square foot multifamily with – beds and – baths. 1947 N 33rd Street is in the Lower North neighborhood of Philadelphia and has a WalkScore® of 54, making it somewhat walkable. This multifamily is in the attendance area of Strawberry Mansion High School and James G. Blaine School.

Listing Courtesy of: BRIGHT and Select Commercial Advisors.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.