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Multifamily-Zoned Development Lot
For Sale
$139,900

1239 N 16TH STREET, Philadelphia, PA 19121

Vacant lot zoned RM-1, sized approximately 15 by 50 feet, positioned for multifamily residential development.

Property SizeContact for details
Days on Market75

Property Features for 1239 N 16TH STREET

General Information

Standard status Active
Property subtype Unimproved Land
Zoning RM-1

Additional Details

Highway Access Yes
Listing Agency: Philly Real Estate
Listed By: Ming T Lo · License #RS292653
Source: Cummingsrealtors
Added: Jun 22 Changed: Sep 3 Last Checked: Sep 4 at 5:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Philly Real Estate

Investment Insights

Based on property information with market context.

This is a vacant RM-1 multifamily-zoned lot suited for multifamily residential development. The property measures approximately 15' x 50' (750± SF) and is offered as a development site within a surrounding area of new construction and renovated homes.

The site is located in the Temple University/North Central Philadelphia corridor, with access described as being near Temple University, Center City, public transportation, major highways, and retail and dining.

Prospective buyers are responsible for verifying zoning, permitted uses, lot dimensions, utility availability, and all development feasibility with the City of Philadelphia.

Key Highlights

  • Vacant lot zoned RM‑1 for multifamily residential development
  • Lot measures approximately 15' x 50' (750± SF)
  • Located in the Temple University / North Central Philadelphia corridor

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Accounting Firm Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Butcher Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,455
Businesses Nearby

Demographics for 19121, PA

41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
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 lot zoned RM-1, sized approximately 15 by 50 feet, positioned for multifamily residential development.
Where is this residential land & home lot located?
The property is located at 1239 N 16TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Vacant lot zoned RM‑1 for multifamily residential development; Lot measures approximately 15' x 50' (750± SF); Located in the Temple University / North Central Philadelphia corridor
More about this property
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