Investor Opportunity – 2317 N. 33rd Street, Philadelphia, PA 19132 Fully renovated in 2024 with a tax abatement, this legally zoned 4-unit multifamily property presents an outstanding investment opportunity with immediate upside. The property features three 1-bedroom apartments, one studio apartment, and an additional income-producing efficiency space. Investment Highlights: * Legally zoned 4-unit multifamily property * Fully renovated in 2024 * Tax abatement in place * Projected Gross Annual Rental Income: $67,200 * Estimated Stabilized NOI: $51,900 * Approximate Stabilized Cap Rate: 8.0% * Three 1-bedroom apartments, one studio apartment, and additional income-producing efficiency space * Immediate lease-up opportunity with strong long-term rental income potential * Ideal for investors and 1031 exchange buyers A complete investment package, including the current rent roll, operating information, and additional financial details, is available upon request.
For sale
Price cut: $16K (8/6)
$624,000
2317 N 33rd St, Philadelphia, PA 19132
5beds
--baths
2,550sqft
Townhouse
Built in 1915
-- sqft lot
$609,800 Zestimate®
$245/sqft
$-- HOA
What's special
- 39 days |
- 123 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Alyce Gerhardt 570-690-8064,
Keller Williams Liberty Place 6093995454
Source: Bright MLS,MLS#: PAPH2646168
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 0
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,550
- Total interior livable area: 2,550 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,584 Square Feet
- Dimensions: 16.00 x 99.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 282237700
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Straight Thru
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Other
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Strawberry Mansion
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $245/sqft
- Tax assessed value: $172,200
- Annual tax amount: $2,410
- Date on market: 7/9/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$609,800
$579,000 - $640,000
$1,461/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $624,000-2.5%$245/sqft |
Source:  Bright MLS #PAPH2646168 Report a problem | ||
| 7/9/2026 | Price change | $640,000-0.5%$251/sqft |
Source: Bright MLS #PAPH2646168 Report a problem | ||
| 6/29/2026 | Price change | $643,500-1%$252/sqft |
Source: Bright MLS #PAPH2593174 Report a problem | ||
| 6/8/2026 | Price change | $650,000-1.5%$255/sqft |
Source: Bright MLS #PAPH2593174 Report a problem | ||
| 5/20/2026 | Price change | $660,000-1.5%$259/sqft |
Source: Bright MLS #PAPH2593174 Report a problem | ||
| 3/12/2026 | Listed for sale | $670,000+570%$263/sqft |
Source: Bright MLS #PAPH2593174 Report a problem | ||
| 5/12/2007 | Sold | $100,000$39/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,410 +57.5% | $172,200 +57.5% |
| 2024 | $1,530 | $109,300 |
| 2023 | $1,530 +96.2% | $109,300 |
| 2022 | $780 | -- |
| 2021 | $780 +3.3% | -- |
| 2018 | $754 | -- |
| 2017 | $754 +32.1% | -- |
| 2016 | $571 | -- |
| 2015 | $571 | -- |
| 2014 | $571 +24.5% | $35,900 +596.8% |
| 2012 | $459 | $5,152 |
| 2011 | -- | $5,152 |
| 2010 | -- | $5,152 |
| 2009 | -- | $5,152 |
| 2008 | -- | $5,152 |
| 2007 | -- | $5,152 +7.3% |
| 2006 | -- | $4,800 |
| 2005 | -- | $4,800 |
| 2004 | -- | $4,800 +10.3% |
| 2003 | -- | $4,352 +9.7% |
| 2002 | -- | $3,968 +14.8% |
| 2000 | -- | $3,456 +13.7% |
| 1999 | -- | $3,040 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Strawberry Mansion
Nearby schools
GreatSchools rating
- 4/10Allen Dr Ethel SchoolGrades: PK-8Distance: 0.3 mi
- 2/10Strawberry Mansion High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- District: Philadelphia City
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $1,000-- bd1 ba500 sqft2317 N 33rd St UNIT C, Philadelphia, PA 19132For Rent
- $640,0006 bd-- ba2.5k sqft2319 N 33rd St, Philadelphia, PA 19132Sold
- $1,3751 bd1 ba1.1k sqft2319 N 33rd St FLOOR 3, Philadelphia, PA 19132For Rent
- $172,200-- bd-- ba2.5k sqft2315 N 33rd St, Philadelphia, PA 19132Off Market
- $8,0001,584 sqft2313 N 33rd St, Philadelphia, PA 19132Off Market
- $--4 bd3 ba1.5k sqft2313 N 33rd St #1B, Philadelphia, PA 19132Off Market
- $1,230,200-- bd-- ba7.7k sqft2313 N 33rd St, Philadelphia, PA 19132Off Market
- $1,7992 bd2 ba976 sqft2313 N 33rd St #4A, Philadelphia, PA 19132For Rent
A local agent can set up tours, give advice and negotiate with sellers.
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