$725,000

3528 36 Mount Vernon St Philadelphia, PA 19104

Mantua Neighborhood

Estimated payment $4,588/month

Total Views 4,959
0.09 Acre
$8,055,556 Price per Acre
3,900 Sq Ft Lot

Highlights

  • City View
  • No HOA
  • 2-minute walk to 37th & Mt. Vernon Park
  • Corner Lot

About This Lot

INTRODUCING 3528 MOUNT VERNON - A prime QOZ (Opportunity Zone) multifamily development opportunity in the University City submarket of Philadelphia, Pennsylvania. With 18 units (46 beds) in a proposed 19,500 SF structure, this asset will command the city’s most robust rental demand for generations to come. Surrounded by the “Eds and Meds” economic engine that powers Philly, there are billions of dollars in active stage developments nearby — including Science Center, Schuylkill Yards, Amtrak’s 30th Street Station master plan, and campus expansion efforts from leading universities Penn and Drexel. The property can be positioned for student housing for the universities but it can equally accommodate young professionals, academics, post-graduates, etc. Penn Presbyterian, HUP and CHOP are several of the world-class healthcare systems operating nearby. 10-year tax abatement eligible — pay taxes on the assessed land value for 10 years, rather than the assessed value of the future improved structure. Buyer responsible to verify taxes and entitlements in DD. Lot dimensions are approximate. Renderings for illustrative purposes.

Listing Agent

Ryan McManus

Keller Williams Liberty Place Listed on: 08/08/2024

Co-Listing Agent

Brandon Ribeiro

Keller Williams Liberty Place

Property Details

Property Type

  • Land

Lot Details

  • 3,900 Sq Ft Lot
  • Lot Dimensions are 105.00 x 65.00
  • Corner Lot
  • Irregular Lot
  • Property is zoned RSA5

Additional Features

  • City Views
  • Urban Location

Community Details

  • No Home Owners Association
  • University City Subdivision

Listing and Financial Details

  • Tax Lot 136
  • Assessor Parcel Number 774268000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Federal Flood Zone: No
  • Remarks Public: INTRODUCING 3528 MOUNT VERNON - A prime QOZ (Opportunity Zone) multifamily development opportunity in the University City submarket of Philadelphia, Pennsylvania. With 18 units (46 beds) in a proposed 19,500 SF structure, this asset will command the city’s most robust rental demand for generations to come. Surrounded by the “Eds and Meds” economic engine that powers Philly, there are billions of dollars in active stage developments nearby — including Science Center, Schuylkill Yards, Amtrak’s 30th Street Station master plan, and campus expansion efforts from leading universities Penn and Drexel. The property can be positioned for student housing for the universities but it can equally accommodate young professionals, academics, post-graduates, etc. Penn Presbyterian, HUP and CHOP are several of the world-class healthcare systems operating nearby. 10-year tax abatement eligible — pay taxes on the assessed land value for 10 years, rather than the assessed value of the future improved structure. Buyer responsible to verify taxes and entitlements in DD. Lot dimensions are approximate. Renderings for illustrative purposes.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 185.90
  • Street Number Modifier: 3528

Exterior Features

  • Construction Completed: No
  • View: City
  • 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: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: SR
  • Lot Features: Corner, Irregular
  • Lot Size Acres: 0.09
  • Lot Dimensions: 105.00 X 65.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3900.00
  • Year Assessed: 2024
  • Zoning: RSA5
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 774268000
  • Tax Lot: 136
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

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
09/02/2025 09/02/25 Price Changed $725,000 -9.4% --
04/17/2025 04/17/25 Price Changed $799,999 -5.9% --
02/11/2025 02/11/25 Price Changed $850,000 -5.6% --
11/07/2024 11/07/24 Price Changed $900,000 -5.3% --
08/08/2024 08/08/24 For Sale $950,000 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: PAPH2384640

Bright MLS