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Investor Alert | CMX2 Mixed Use Opportunity | 1331 S. 49th Street Turnkey, income producing mixed-use investment in the heart of West Philadelphia! Fully renovated in 2025 and zoned CMX-2, this property offers multiple streams of income with long-term upside. The building features a street-level commercial storefront with a private bathroom and rear yard, plus two 1-bedroom residential apartments above. The commercial space is rented for $1,600/month, one apartment is currently leased at $900/month, and the second 1-bedroom offers an estimated rental income of $1,100/month, creating an excellent cash-flow opportunity. Located in the rapidly growing Kingsessing/Cedar Park corridor, this property is just minutes from University City, UPenn, Drexel University, CHOP, and Center City Philadelphia. Surrounded by thriving commercial corridors, public transportation, parks, restaurants, and major employers, this location continues to attract students, healthcare professionals, entrepreneurs, and long-term renters alike. Whether you're looking to expand your portfolio, complete a 1031 exchange, this is a versatile investment in one of Philadelphia's strongest growth markets.
| DAYS ON MARKET | 16 | LAST UPDATED | 7/17/2026 |
|---|---|---|---|
| YEAR BUILT | 1940 | COMMUNITY | 19143 (19143) |
| COUNTY | PHILADELPHIA | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | PHILADELPHIA CITY |
|---|
| PRICE HISTORY | |
| Prior to Jul 17, '26 | $375,000 |
|---|---|
| Jul 17, '26 - Today | $350,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Gas |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | 19143 (19143) |
| BASEMENT | Yes |
| HEAT | Electric, Forced Air |
| LOT | 1307 sq ft |
| LOT DIMENSIONS | 17 x 73 |
| PARKING | None |
| SEWER | Septic Tank, Public Sewer |
| TAXES | 837 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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