Development Opportunity Near Center
838-840 N 12TH Street Philadelphia, PA 19123
838-840 N 12TH Street, Philadelphia, PA, 19123
$599,985
For Sale
$599,985
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,796 SF
Lot Size0.02 Acres
Price / SF$334.07
Days on Market109
Property Features for 838-840 N 12TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Standard status
- Active
- Size
- 1,796 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2364
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Wall Unit(s)
Building Details
- Year built
- 1920
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing agency
Keller Williams Platinum Realty - Wyomissing
(610) 898-1441
Listed by
steven lee sims Jr. · License #RS289603
(717) 222-1549
Added: Apr 6 Updated: Jun 9 at 11:48AM Checked: Jul 23 at 7:06AM
MLS# PAPH2601504
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 eight blocks from Center City in the Spring Garden area, this property presents a development opportunity. The offering includes two separate parcels, providing added flexibility and scale for development. Parcel 1 measures 15 x 58, while Parcel 2 measures 18 x 55. Both parcels, totaling 0.0197 acres, must be sold together as a package. The property, with a size of 1796 square feet, is currently configured as a former funeral home with two residential units: one 1-bedroom apartment and one 2-bedroom apartment. This property presents a prime redevelopment opportunity with the potential to build three 3-story homes, making it suitable for builders looking to maximize return in a high-growth area. The location is surrounded by active new construction and offers strong upside potential for resale or long-term hold. The parcels can be developed individually or as a larger combined project. The former funeral home is still in operation.
Key Highlights
- Prime redevelopment opportunity in a high‑growth area near Center City and Broad Street.
- Two separate parcels included (15 x 58 and 18 x 55) offering flexibility and scale for development.
- Potential to build three 3‑story homes.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
Similar For Sale Nearby
FAQs
What type of property is this?
Residential land & home lot - Two parcels for redevelopment near Center City and Broad Street.
Where is this residential land & home lot located?
The property is located at 838-840 N 12TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $599,985.
What are key features of this property?
This property features: Prime redevelopment opportunity in a high‑growth area near Center City and Broad Street.; Two separate parcels included (15 x 58 and 18 x 55) offering flexibility and scale for development.; Potential to build three 3‑story homes.
