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Philadelphia Land Redevelopment Opportunity

838-840 N 12TH Street Philadelphia, PA 19123

838-840 N 12TH Street, Philadelphia, PA, 19123
$599,985
For Sale
$599,985

LAND - PHILADELPHIA, PA

Lot Size0.02 Acres
Days on Market105

Property Features for 838-840 N 12TH Street

General Information

Property type
Land
Property subtype
Other
Standard status
Active
Lot size
0.02 Acres

Taxes and HOA fees

Tax Annual Amount
2364
Listing agency Keller Williams Platinum Realty - Wyomissing
Listed by steven lee sims Jr. · License #RS289603
Added: Apr 10 Updated: Jun 9 at 11:47AM Checked: Jul 23 at 8:06AM
MLS# PAPH2606256

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 a few blocks from Center City and Broad Street in the Spring Garden area of Philadelphia, this property offers a redevelopment opportunity. The site is positioned within a neighborhood characterized by rapid development, new construction, and ongoing revitalization. The offering includes two separate parcels that must be sold together. Parcel 1 measures 15 x 58, while Parcel 2 measures 18 x 55. The property is currently configured as a former funeral home with two residential units: one 1-bedroom apartment and one 2-bedroom apartment. The property has the potential to build three 3-story homes, making it suitable for builders. The total lot size is 0.0197 acres. The 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 added flexibility and scale for development
  • Potential to build three 3‑story homes, maximizing return on investment

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

(Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Plumbing Service Butcher Clothing & Fashion Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store Mobile Phone Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Land - Two parcels near Center City, ideal for residential development.
Where is this land 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 added flexibility and scale for development; Potential to build three 3‑story homes, maximizing return on investment
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