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Development Land in Philadelphia
For Sale
$100,000

5117 WARREN Street, Philadelphia, PA 19131

LAND - PHILADELPHIA, PA

Property SizeContact for details
Lot Size0.03 Acres
Days on Market391

Property Features for 5117 WARREN Street

General Information

Property type Land
Property subtype Other
Subdivision WEST PHILADELPHIA
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 359
Listing Agency: Real Broker, LLC
Listed By: William B Spinner · License #1647459
Added: Jul 28, 2025 Changed: Jun 9 Last Checked: Aug 22 at 10:06PM
MLS# PAPH2521476

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This is a cleared corner lot zoned RM-1, suitable for a 4-unit multifamily building. The property is located 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, and Fairmount Park. It also offers quick access to Center City or City Ave, St. Joe's, and the Main Line. This location is central and convenient. The property is one of six consecutive lots available, offering the option to construct multiple 4-unit buildings or a 25-unit apartment complex. New construction is booming in the area. The property qualifies for QOZ (Qualified Opportunity Zone) incentives and accelerated depreciation benefits.

Key Highlights

  • Rare development package: 5117 Warren St + 5 adjacent lots.
  • Zoned RM‑1, ready for a 4‑unit multifamily build on a large, cleared corner lot.
  • Potential to build six 4‑unit buildings or a 25‑unit apartment complex.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Skin Care Clinic Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,251
Businesses Nearby

Demographics for 19131, PA

42,705
Population
22,826
Households
1.9
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
5.3 sq mi
ZIP Area
8,058
Density / Sq Mi
$46,057
Median Household Income
$40,052
Median Earnings
$1,312
Median Rent
$163,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Cleared lot suitable for multifamily development near Lancaster Ave.
Where is this residential land & home lot located?
The property is located at 5117 WARREN Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Rare development package: 5117 Warren St + 5 adjacent lots.; Zoned RM‑1, ready for a 4‑unit multifamily build on a large, cleared corner lot.; Potential to build six 4‑unit buildings or a 25‑unit apartment complex.
More about this property
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