5117 Warren St Philadelphia, PA 19131
Carroll Park NeighborhoodEstimated payment $583/month
Highlights
- City View
- 4-minute walk to Lancaster Avenue And 52Nd Street
- Property is Fully Fenced
- Corner Lot
- No HOA
- 3-minute walk to Conestoga Playground
About This Lot
Rare Development Package – 5117 Warren St + 5 Adjacent Lots!
Builders and investors—don’t miss this rare opportunity! 5117 Warren St is a large, cleared corner lot zoned RM-1, ready for a 4-unit multifamily build. Even better, this is one of six consecutive lots available—buy one and build a quad, or secure all six and build six 4-unit buildings or even a 25-unit apartment complex. The numbers work and the upside is real.
This location is central and convenient—just one block from the Lancaster Ave commercial corridor and less than a mile from Parkwest Town Center, Lowe’s, the Mann Music Center, Parkside Ave, Bala Golf Club, Fairmount Park, and more. Quick access to Center City or City Ave, St. Joe’s, and the Main Line.
TURNKEY POTENTIAL: We have a reputable builder who is already familiar with the project and ready to build at a GREAT price...Or bring your own builder. A brand-new 4-unit building a block away is currently listed for $1,075,000, which provides potential equity. New construction is booming in the area—get in now and ride the wave.
Bonus: This property qualifies for QOZ (Qualified Opportunity Zone) incentives and accelerated depreciation benefits—making it even more attractive for savvy investors. (Always consult your tax professional to understand how these benefits may apply to you.) *owner is a licensed PA & NJ Realtor
Property Details
Property Type
- Land
Est. Annual Taxes
- $359
Lot Details
- 1,503 Sq Ft Lot
- Lot Dimensions are 14.00 x 92.00
- Property is Fully Fenced
- Corner Lot
- 6 Lots in the community
- Buildable 4 units by right
- No Building Permits
- Property is zoned RM1, residential multi-family 1-4 units, based on lot sq/ft
Additional Features
- City Views
- Urban Location
Community Details
- No Home Owners Association
- West Philadelphia Subdivision
Listing and Financial Details
- Tax Lot 115
- Assessor Parcel Number 442182000
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/28/2025 07/28/25 | For Sale | $900,000 | +800.0% | $196 / Sq Ft |
07/28/2025 07/28/25 | For Sale | $100,000 | -- | -- |
Source: Bright MLS
MLS Number: PAPH2521476

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