$325,000

Estimated payment $1,985/month

Total Views 1,097
0.11 Acre
$2,954,545 Price per Acre
4,728 Sq Ft Lot

About This Lot

Seize this incredible investment opportunity in the rapidly growing Templetown neighborhood, just one block from Broad Street and minutes from Temple University's bustling campus. 2453-57 N Park Ave is a 4,728 sq ft vacant lot (approx. 48x99 ft) zoned CMX-2, offering a versatile canvas for commercial or mixed-use development. This prime location is ideal for residential units, retail space, industrial use, or other complementary facilities catering to the area's strong demand. For an even greater development footprint, 2453-57 N Park Ave, located directly adjacent to 2453-57, can be purchased alongside 1324 W Cumberland St, an RM-1 zoned property with 2,500+ sq ft of interior space, presenting significant potential for conversion into multiple rental units to meet the growing demand for student and professional housing. Together, these properties offer a combined lot size of over 6,700 sq ft in a high-demand rental market with rising property values. Conveniently located near Temple University Hospital, public transit (Broad Street Line & SEPTA bus routes), and local dining & amenities, this is a rare and lucrative investment opportunity. Contact us today to explore development possibilities and schedule a site visit!

Listing Agent

Eric Dvotsky

BHHS Fox & Roach-Center City Walnut Listed on: 01/29/2025

BHHS Fox & Roach-Center City Walnut

Co-Listing Agent

Jason Rabinovich

BHHS Fox & Roach-Center City Walnut License #AB068249

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,224

Lot Details

  • 4,728 Sq Ft Lot
  • Lot Dimensions are 48.00 x 99.00
  • Property is zoned CMX2

Community Details

  • No Home Owners Association
  • Hartranft Subdivision

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 371289100

Property Details

Property Type

Land

Est. Annual Taxes

$2,224

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Remarks Public: Seize this incredible investment opportunity in the rapidly growing Templetown neighborhood, just one block from Broad Street and minutes from Temple University's bustling campus. 2453-57 N Park Ave is a 4,728 sq ft vacant lot (approx. 48x99 ft) zoned CMX-2, offering a versatile canvas for commercial or mixed-use development. This prime location is ideal for residential units, retail space, industrial use, or other complementary facilities catering to the area's strong demand. For an even greater development footprint, 2453-57 N Park Ave, located directly adjacent to 2453-57, can be purchased alongside 1324 W Cumberland St, an RM-1 zoned property with 2,500+ sq ft of interior space, presenting significant potential for conversion into multiple rental units to meet the growing demand for student and professional housing. Together, these properties offer a combined lot size of over 6,700 sq ft in a high-demand rental market with rising property values. Conveniently located near Temple University Hospital, public transit (Broad Street Line & SEPTA bus routes), and local dining & amenities, this is a rare and lucrative investment opportunity. Contact us today to explore development possibilities and schedule a site visit!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 68.74
  • Street Number Modifier: 2453

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: SC
  • Lot Size Acres: 0.11
  • Lot Dimensions: 48.00 x 99.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4728.00
  • Year Assessed: 2025
  • Zoning: CMX2
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1245.00
  • Tax Annual Amount: 2224.00
  • Assessor Parcel Number: 371289100
  • Tax Lot: 51
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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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 Change Sq Ft Price
01/29/2025 01/29/25 For Sale $325,000 -35.0% --
02/10/2023 02/10/23 Sold $500,000 -16.7% --
12/26/2019 12/26/19 Price Changed $600,000 +99900.0% --
12/23/2019 12/23/19 Price Changed $600 -99.9% --
12/01/2019 12/01/19 For Sale $500,000 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: PAPH2439776

Bright MLS