Overview
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…
Listing updated: July 13, 2026 at 9:05 PM
Listed by:
Eric Dvotsky (267) 243-4652, BHHS Fox & Roach-Center City Walnut, Co-Listing Agent: Jason Rabinovich (267) 326-1272, BHHS Fox & Roach-Center City Walnut
Source: Bright MLS · MLS #PAPH2622048
Property details
Your cost estimate
Est. monthly payment
Down payment
Based on $19,000 down (20% of list price), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.
Rates provided by Mable Loans.
Price history
| Date | Event | Price |
|---|---|---|
| Jul 13, 2026 | Pending | $95,000 |
| Jun 2, 2026 | Price reduced | $95,000(−$10,000) |
| May 15, 2026 | Listed for sale | $105,000 |
Location
1948 Rowan Street, Philadelphia, PA 19140
Est. monthly payment
at 20% down · $95,000 list
Tour for free, no strings attached
Mable Loans · Equal Housing Lender
NMLS #1949497
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This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.
Nearby homes
$703/mo
Est. · $95,000 list