961 E Locust Ave Philadelphia, PA 19138
East Germantown NeighborhoodEstimated payment $93/month
About This Lot
Welcome to 961 E Locust Ave, Philadelphia, PA 19138: A Buildable Vacant Lot in East Germantown
Developers and investors, turn your attention to this 16 Ft x 35 Ft vacant lot, situated in the vibrant East Germantown neighborhood. This fantastic opportunity is nestled on a well-loved residential block and awaits your visionary touch.
Zoned RM-1 (Residential Multifamily), the lot offers you the chance to construct a multifamily dwelling that complements the area's unique blend of historical charm and contemporary convenience.
A highlight of this property is its strategic location. The convenience of public transit is merely a short walk away with several Septa bus stops in the vicinity. You'll also find numerous casual restaurants nearby, adding to the appeal for future residents seeking a diverse and vibrant local food scene.
Essential amenities like grocery stores are within a comfortable walking distance, ensuring easy access for daily needs. Furthermore, the property is less than 1/2 mile from LaSalle University, bringing many of the university's amenities close to hand, including cultural events, learning opportunities, and more.
Picture creating a multifamily home that caters to a broad spectrum of potential residents – from university staff and students to families and professionals. Given the site's zoning and the surrounding community's needs, this lot represents a promising investment opportunity.
Whether you're a seasoned investor or a new builder looking to make an impact, 961 E Locust Ave presents a great opportunity for a successful real estate venture. Don't miss your chance to add this asset to your portfolio. Make your mark in East Germantown today!
Property Details
Property Type
- Land
Est. Annual Taxes
- $139
Lot Details
- 565 Sq Ft Lot
- Lot Dimensions are 16.00 x 35.00
- Property is zoned RM1, Residential Multi-Family
Additional Features
- City Views
- Urban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 247
- Assessor Parcel Number 122079100
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 | $139 | $7,100 | $7,100 | -- |
| 2024 | $139 | $7,100 | $7,100 | -- |
| 2023 | $139 | $9,900 | $9,900 | $0 |
| 2022 | $139 | $9,900 | $9,900 | $0 |
| 2021 | $123 | $0 | $0 | $0 |
| 2020 | $123 | $0 | $0 | $0 |
| 2019 | $123 | $0 | $0 | $0 |
| 2018 | $123 | $0 | $0 | $0 |
| 2017 | $123 | $0 | $0 | $0 |
| 2016 | $42 | $0 | $0 | $0 |
| 2015 | $40 | $0 | $0 | $0 |
| 2014 | -- | $3,000 | $3,000 | $0 |
| 2012 | -- | $640 | $640 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | Price Changed | $14,999 | -6.3% | -- |
| 03/26/2025 03/26/25 | Price Changed | $15,999 | 0.0% | -- |
| 12/05/2024 12/05/24 | For Sale | $16,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Sheriffs Deed | $82,000 | None Available | |
| Deed | -- | -- |
Source: Bright MLS
MLS Number: PAPH2425670
APN: 122079100
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