$100,000

Estimated payment $583/month

Total Views 7
0.03 Acre
$3,333,333 Price per Acre
1,503 Sq Ft Lot

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

Listing Agent

William B. Spinner

Real Broker, LLC Listed on: 07/28/2025

Real Broker, LLC

Co-Listing Agent

Rich Lauletta

Real of Pennsylvania License #2185462

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

Property Details

Property Type

Land

Est. Annual Taxes

$359

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Historic: No
  • Federal Flood Zone: No
  • Remarks Public: 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
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 66.53
  • Street Number Modifier: 5117

Beds/Baths

  • Bedrooms Perc Count: 4

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

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Additional Parcels Description: Buildable 4 units by right
  • Fencing: Fully
  • Lot Count: 6
  • Lot Features: Corner
  • Lot Size Acres: 0.03
  • Lot Dimensions: 14.00 x 92.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1503.00
  • Year Assessed: 2025
  • Zoning: RM1
  • Zoning Description: residential multi-family 1-4 units, based on lot sq/ft
  • Farmland Preservation: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • School Tax: 201.00
  • Tax Annual Amount: 359.00
  • Assessor Parcel Number: 442182000
  • Tax Lot: 115
  • 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
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

Source: Bright MLS

MLS Number: PAPH2521476

Bright MLS