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    5140 Irving St Philadelphia, PA 19139

    For Sale
    $149,900

    MULTI_FAMILY - PHILADELPHIA, PA

    Property size:
    7,890 SF
    Lot size:
    0.05 Acres
    Days on Market:
    96
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 5140 Irving St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    On Street
    Size
    7,890 SF
    Lot size
    0.05 Acres

    Building Details

    Year built
    2025
    Number of units
    4

    Keller Williams Realty Group (610) 792-5900 [email protected]

    Listing agent Eric D Feinberg (484) 948-5872 License #RS318964

    Listing date Sep 3, 2025

    Copyright © 2025 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.

    Overview

    Philadelphia Multifamily Development Opportunity

    This property, situated in a Qualified Opportunity Zone within Philadelphia's University City, presents a development opportunity. The zoning has recently changed to RM-1, allowing for 7 units by-right. The lot measures approximately 27 feet wide and 85 feet deep, totaling 7890 square feet, or approximately 0.05 acres. The location benefits from rental demand generated by Drexel University, the University of Pennsylvania, and young professionals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.22519
    Latitude
    39.95495

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    FAQs

    What type of property is this?
    Residential land & home lot - Development opportunity in University City with zoning permit in hand.
    Where is this residential land & home lot located?
    The property is located at 5140 Irving St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - Zoning permit in hand for 7 units by-right (RM-1 zoning).; - Located in a Qualified Opportunity Zone.; - Prime location in University City, a rapidly growing area of Philadelphia.
    (484) 948-5872
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5140 Irving St Philadelphia, PA 19139
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