$674,900

Estimated payment $3,734/month

Total Views 887
0.09 Acre
$7,498,889 Price per Acre
3,880 Sq Ft Lot

About This Lot

Rare Development Opportunity – Excellent Location in Walnut Hill / West Philadelphia / University City.
Double-wide corner lot measuring 40' x 97', offering prime development potential on the edge of University City. Zoned to build nine units by right, with the possibility of adding more units through available zoning bonuses. Located in the heart of the Walnut Hill neighborhood, this vacant lot presents a unique chance to create new housing in a community that is actively supportive of development. The Walnut Hill Neighborhood Association has expressed strong interest in seeing this land put to productive use. Previously completed plans for nine spacious 2 and 3-bedroom apartments with expansive rooftop deck and elevator will be included with sale - an excellent starting point for a developer seeking to move quickly. Significant previous due diligence previously completed. Lots of new construction and new apartment buildings in area. Opportunities like this are rare in this part of the city - especially with community support and existing architectural plans in place.

Listing Agent

Mark ZWICK

KW Empower Listed on: 07/30/2025

KW Empower

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,657

Lot Details

  • 3,880 Sq Ft Lot
  • Lot Dimensions are 40.00 x 97.00
  • Property is zoned RM1

Community Details

  • No Home Owners Association
  • Walnut Hill Subdivision

Listing and Financial Details

  • Tax Lot 177
  • Assessor Parcel Number 881612460

Property Details

Property Type

Land

Est. Annual Taxes

$1,657

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Expected On Market: 7/30/2025 12:00:00 AM
  • Remarks Public: Rare Development Opportunity – Excellent Location in Walnut Hill / West Philadelphia / University City. Double-wide corner lot measuring 40' x 97', offering prime development potential on the edge of University City. Zoned to build nine units by right, with the possibility of adding more units through available zoning bonuses. Located in the heart of the Walnut Hill neighborhood, this vacant lot presents a unique chance to create new housing in a community that is actively supportive of development. The Walnut Hill Neighborhood Association has expressed strong interest in seeing this land put to productive use. Previously completed plans for nine spacious 2 and 3-bedroom apartments with expansive rooftop deck and elevator will be included with sale - an excellent starting point for a developer seeking to move quickly. Significant previous due diligence previously completed. Lots of new construction and new apartment buildings in area. Opportunities like this are rare in this part of the city - especially with community support and existing architectural plans in place.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 173.94
  • Street Number Modifier: 4622-4624

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: SR
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40.00 x 97.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3880.00
  • Year Assessed: 2025
  • Zoning: RM1
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 928.00
  • Tax Annual Amount: 1657.00
  • Assessor Parcel Number: 881612460
  • Tax Lot: 177
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
09/13/2025 09/13/25 Price Changed $674,900 0.0% --
09/02/2025 09/02/25 Price Changed $675,000 -2.9% --
08/21/2025 08/21/25 Price Changed $695,000 -0.4% --
08/12/2025 08/12/25 Price Changed $698,000 -0.1% --
07/30/2025 07/30/25 For Sale $699,000 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: PAPH2519634

Bright MLS