3928 Parrish St Philadelphia, PA 19104
Mantua NeighborhoodEstimated payment $447/month
About This Lot
Prime Development Opportunity – Raw Land in University City
This hidden gem is a rare chance for savvy investors and developers to secure a high-value property in one of the most rapidly gentrifying neighborhoods adjacent to University City. Located within walking distance to Drexel University and UPenn, this parcel offers unmatched convenience and accessibility. With I-76 just minutes away, you’re only 5 minutes from the Philadelphia Museum of Art, 15 minutes from Center City, and 30 minutes from King of Prussia. It is also just 2 minutes from the rapidly developing Lancaster Avenue, home to a vibrant mix of restaurants, cafés, and bars.
Surrounded by major developments and large-scale multi-unit projects, this lot sits on a wide street with ample parking, a huge advantage when applying for a zoning variance (2-4 units are common in the area). New multifamily constructions here are valued between $850K and $1.2M, making this a golden opportunity for builders and investors.
With the market at its bottom and interest rates expected to drop soon, now is the time to act. Opportunities like this are rare, and this could be a true once-in-a-lifetime investment. Don’t miss out—once it’s gone, it’s gone!
Property Details
Property Type
- Land
Est. Annual Taxes
- $473
Lot Details
- 1,115 Sq Ft Lot
- Lot Dimensions are 15.00 x 74.00
- Property is zoned RSA5
Utilities
- Sewer Not Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 178
- Assessor Parcel Number 243141800
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $323 | $33,800 | $33,800 | -- |
| 2024 | $323 | $33,800 | $33,800 | -- |
| 2023 | $323 | $23,100 | $23,100 | $0 |
| 2022 | $108 | $23,100 | $23,100 | $0 |
| 2021 | $108 | $0 | $0 | $0 |
| 2020 | $108 | $0 | $0 | $0 |
| 2019 | $108 | $0 | $0 | $0 |
| 2018 | $108 | $0 | $0 | $0 |
| 2017 | $108 | $0 | $0 | $0 |
| 2016 | $1,002 | $0 | $0 | $0 |
| 2015 | $959 | $0 | $0 | $0 |
| 2014 | -- | $71,600 | $5,575 | $66,025 |
| 2012 | -- | $4,704 | $1,287 | $3,417 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2025 03/07/25 | For Sale | $75,000 | +127.3% | -- |
| 07/30/2021 07/30/21 | Sold | $33,000 | 0.0% | $20 / Sq Ft |
| 06/19/2021 06/19/21 | Pending | -- | -- | -- |
| 04/09/2021 04/09/21 | Price Changed | $33,000 | -10.8% | $20 / Sq Ft |
| 08/28/2020 08/28/20 | Price Changed | $37,000 | -5.1% | $22 / Sq Ft |
| 12/11/2019 12/11/19 | Price Changed | $39,000 | -20.4% | $23 / Sq Ft |
| 05/20/2019 05/20/19 | Price Changed | $49,000 | -10.9% | $29 / Sq Ft |
| 12/13/2018 12/13/18 | Price Changed | $55,000 | +41.0% | $33 / Sq Ft |
| 03/20/2017 03/20/17 | For Sale | $39,000 | -- | $23 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $33,000 | Prosperity Abstract Llc | |
| Deed | $9,000 | None Available | |
| Deed | -- | -- |
Source: Bright MLS
MLS Number: PAPH2452970
APN: 243141800
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