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Philadelphia Multifamily Development Opportunity

5140 IRVING Street Philadelphia, PA 19139

5140 IRVING Street, Philadelphia, PA, 19139
$129,900
For Sale
Claim this Listing
$129,900

MULTI_FAMILY - PHILADELPHIA, PA

Property Size7,890 SF
Lot Size0.05 Acres
Price / SF$16.46
AddedJan 21, 2025
Days on Market540
Last RefreshJul 15 at 4:06 pm

Property Features for 5140 IRVING Street

General Information

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

Taxes and HOA fees

Tax Annual Amount
956

Building Details

Year built
2025
Number of units
4

Listing agent Eric D Feinberg License #RS318964

Listing office Keller Williams Realty Group 400 Arcola Road unit: A5, Limerick, PA

Listing date Jan 21, 2025

MLS# PAPH2437116 Listing URL

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.

Located in a Qualified Opportunity Zone, this property presents a development opportunity in Philadelphia's University City. The property is situated in a rapidly growing zip code with rental demand from Drexel University, University of Penn, and young professionals. The zoning has recently changed to RM-1, allowing for 7 units by-right. The property is almost 27 feet wide and 85 feet deep, with a total lot size of 0.0519 acres, or 7890 square feet.

Key Highlights

  • 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 with high rental demand.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Dental Office Skin Care Clinic Acupuncture Gym & Fitness Center (Bike/Boat/Book/etc) Store HVAC Service Travel Agency

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

FAQs

What type of property is this?
Residential land & home lot - Development opportunity in University City, Philadelphia. Zoning permit in hand.
Where is this residential land & home lot located?
The property is located at 5140 IRVING Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $129,900.
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 with high rental demand.
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