$499,900
$150K PRICE DROP

Estimated payment $3,130/month

Total Views 532,813
-- Bed
-- Bath
20,000 Sq Ft
$25 Price per Sq Ft

About This Home

Multifamily Development Opportunity. +/- 12000 sf vacant lot zoned RM1 (Residential Multi-family). Possibility of up to 25-26 units.

Listing Agent

Michael Jordan

(215) 870-3903 mike2158703903@gmail.com Michael Jordan Real Estate, LLC License #RM425935 Listed on: 05/29/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100.00 x 128.00

Parking

  • On-Street Parking

Home Design

  • 20,000 Sq Ft Home
  • Masonry

Community Details

  • 4 Units
  • Kensington Subdivision

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 777061000

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Total Sq Ft: 20000
  • Living Area Sq Ft: 20000
  • Price Per Sq Ft: 25.00
  • Above Grade Finished Sq Ft: 20000
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.28
  • Lot Dimensions: 100.00 x 128.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12100.00
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 12768.00
  • Tax Annual Amount: 22801.00
  • Assessor Parcel Number: 777061000
  • Tax Lot: 101
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2025 09/19/25 Price Changed $499,900 -9.1% $25 / Sq Ft
09/05/2025 09/05/25 Price Changed $549,900 -8.4% $27 / Sq Ft
07/23/2025 07/23/25 Price Changed $600,000 -7.7% $30 / Sq Ft
05/29/2025 05/29/25 For Sale $650,000 +116.7% $33 / Sq Ft
01/24/2025 01/24/25 Sold $300,000 0.0% $15 / Sq Ft View Prior Sale
12/18/2024 12/18/24 Pending -- -- --
11/29/2024 11/29/24 For Sale $300,000 -- $15 / Sq Ft
Source: Bright MLS

About the Listing Agent

Michael Jordan

Michael Jordan Real Estate, LLC

(855) 490-7341

Section Image

I am an experienced real estate professional with over 29 years of experience buying, selling and renting residential and commercial properties in the Philadelphia area.

In 2018 I joined Remax Access hoping to use that experience to help others buy and sell real estate, as well as help others invest, rent and property management.

My experience is wide range covering buying sheriff sale properties, foreclosures, auctions, building new construction, rehabbing properties and managing

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Source: Bright MLS

MLS Number: PAPH2488038

Bright MLS