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Multifamily Development Opportunity in Philadelphia
For Sale
$55,000

6139 WHEELER Street, Philadelphia, PA 19142

Land, PHILADELPHIA, PA

Property SizeContact for details
Lot Size0.02 Acres
Days on Market237

Property Features for 6139 WHEELER Street

General Information

Property type Land
Property subtype Other
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Lot size 0.02 Acres

Taxes and HOA fees

Tax Annual Amount 187
Listing Agency: Realty Mark Associates
Listed By: Keyon Whiting · License #AB068446
Added: Jan 5 Changed: Aug 19 Last Checked: Aug 30 at 2:06AM
MLS# PAPH2571150

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 vacant parcel in Southwest Philadelphia presents a multifamily development opportunity. Zoned for multifamily use, the property is suitable for investors and developers looking to capitalize on the area's demand for rental housing. Building plans will be furnished by the owner, potentially reducing pre-development time and costs. The seller is open to financing options, including seller financing, which could be attractive to both experienced developers and those new to the multifamily market. This parcel offers a combination of location, zoning, and financing flexibility for a new construction rental property or a long-term investment in a growing Southwest Philadelphia neighborhood. The lot size is 0.0246 acres.

Key Highlights

  • Multifamily‑zoned parcel in Southwest Philadelphia, ideal for development
  • Building plans furnished by the owner, reducing pre‑development time and costs
  • Seller financing available, offering flexible terms

Property Analytics

Current Use

Residential land & home ...

Suggested Use

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

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

1,201
Businesses Nearby

Demographics for 19142, PA

29,565
Population
12,943
Households
2.3
Avg Household Size
33
Median Age
13%
College-Educated
82%
High-School Grad
1.7 sq mi
ZIP Area
17,391
Density / Sq Mi
$42,812
Median Household Income
$32,763
Median Earnings
$1,269
Median Rent
$110,400
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 - Vacant multifamily-zoned parcel in Southwest Philadelphia with flexible financing.
Where is this residential land & home lot located?
The property is located at 6139 WHEELER Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: Multifamily‑zoned parcel in Southwest Philadelphia, ideal for development; Building plans furnished by the owner, reducing pre‑development time and costs; Seller financing available, offering flexible terms
More about this property
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