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947 S 9th St, Philadelphia, PA, 19147

1beds
--baths
1,605sqft
$525,000
$327price/sqft
$3,685/moest. monthly cost
$147,400/yrincome needed

About This Home

Invest in yourself and step into the energy of the Italian Market; one of Philadelphia’s most iconic and vibrant destinations. Known for its unmatched atmosphere, steady foot traffic, and dynamic mix of retail and dining, this is a prime opportunity to grow your business while building long-term real estate value. As one of the oldest and largest open-air markets in the country, the Italian Market is a true destination; home to outdoor produce stands, butcher shops, seafood markets, bakeries, cafés, restaurants, and specialty retailers offering fresh pasta, cheeses, meats, and imported goods. It consistently draws both locals and visitors, creating a built-in customer base. 947 S. 9th St is the turnkey opportunity you’ve been waiting for. Fully renovated, it offers a blank canvas on the ground-floor commercial space; ready for your concept, plus a spacious, bi-level apartment above that is move-in ready. Whether you choose to rent it out for immediate income or live above your business, the flexibility is there from day one.With commercial space below and residential above, you can operate your business while generating rental income; creating multiple streams of revenue in one property. Zoned CMX-2, the possibilities are wide open. And for those thinking bigger, 949 S. 9th St next door offers additional upside as a value-add opportunity. Start generating income at 947 while bringing your vision to life at 949. Purchase individually or combine both properties to maximize scale, presence, and long-term growth. The choice is yours; launch, expand, invest, and secure your place in one of Philadelphia’s most dynamic corridors.

Getting Around

96
WalkingWalker's Paradise
76
TransitExcellent Transit
87
BikeVery Bikeable

Schools

7/10
Nebinger George W SchoolGrades PK-80.2 mi
3/10

Construction

Condition

  • Year built: 1915

Materials

  • Foundation: Stone
  • Construction materials: Masonry

Notable Dates

  • Major remodel year: 2024

Type & Style

  • Home type: MultiFamily
  • Architectural style: Straight Thru,Traditional
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 1

Features

  • Door features: Insulated
  • Flooring: Luxury Vinyl

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,605
  • Total interior livable area: 1,605 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 871503250
  • Zoning: CMX2
  • Special condition: Standard
  • Exclusions: None

Features

  • Pool features: None
  • Has view: Yes
  • View description: Street
  • Frontage length: Road Frontage: 15

Lot

  • Lot size: 585 sqft
  • Lot size dimensions: 15.00 x 39.00

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Cold Wave
    Cold WaveRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Earthquake
Inland Flooding
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,654$31,848
Home Insurance *$151$1,812
Property Taxes $656$7,872
Electricity $224$2,692
Total$3,685$44,220
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$126,342/yr
40% on housing$110,550/yr
45% on housing$98,266/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.5%
5.5%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$327This listing

vs Other Active Listings

Avg $/sqft

ZIP 19147$283
Philadelphia County$162

vs Homes Sold Last Month

Median $/sqft

ZIP 19147$579
Philadelphia County$236

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-24Listed for sale$579,999

For Sale by Agent

AgentStefania Zuccarini
BrokerageCompass RE

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