1948 Rowan St, PHILADELPHIA, PA

$95,000

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5

Beds

2

Baths

1,958

Square feet

0.03

Acres

About 1948 Rowan St

1948 Rowan St presents a prime value-add opportunity in Philadelphia for investors, developers, or savvy end users seeking a multifamily redevelopment project. The property is a legal shell currently zoned RM-1 multifamily, offering potential for future residential redevelopment in an area experiencing continued investment and neighborhood growth. The property is being sold in as-is condition and will require a full renovation, making it well-suited for buyers looking to create long-term value through redevelopment or repositioning. Conveniently located near public transportation, major roadways, shopping, and neighborhood amenities, the property benefits from strong accessibility and increasing demand throughout the surrounding area. Buyer is solely responsible for conducting their own due diligence regarding zoning, permitted uses, licensing, occupancy requirements, and redevelopment potential. Buyers are strongly advised to consult with their attorney, architect, and licensed professionals to independently verify all zoning and development information prior to purchase.

Features of 1948 Rowan St

MLS® # PAPH2622048
Price $95,000
Bedrooms 5
Bathrooms 2.00
Full Baths 2
Square Footage 1,958
Acres 0.03
Year Built 1930
Type Residential
Sub-Type Interior Row/Townhouse
Style Traditional
Status Pending

Community Information

Address 1948 Rowan St
Area 19140
Subdivision NICETOWN-TIOGA
City PHILADELPHIA
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19140

Amenities

Is Waterfront No

Interior

Heating Forced Air
Cooling None
Has Basement No
Fireplace No
Stories 2

Exterior

Construction Masonry
Foundation Stone

School Information

District PHILADELPHIA CITY

Additional Information

Date Listed May 15th, 2026
Days on Market 60
Zoning RM1
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Ownership Fee Simple

Listing Details

OfficeBHHS Fox & Roach-Center City Walnut

Listing Map

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