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Approved Multifamily Development Lot
For Sale
$110,000

3031 Frankford Avenue, Philadelphia, PA 19134

Development-ready lot approved for residential household living and up to a five-unit multifamily building.

Property SizeContact for details
Lot Size0.07 Acres
Days on Market125

Property Features for 3031 Frankford Avenue

General Information

Standard status Active
Lot size 0.07 Acres
Property subtype Land / Fee Simple
Zoning RM1

Additional Details

Multifamily Units 5

Taxes and HOA fees

Annual Taxes $1,244
Listing Agency: Keller Williams Real Estate-Langhorne
Listed By: Songul Durgun · License #RS361282
Source: Compass
Added: Apr 9 Changed: Aug 8 Last Checked: Apr 10 at 8:45PM

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 Keller Williams Real Estate-Langhorne

Investment Insights

Based on property information with market context.

This is a 2,940-square-foot development-ready lot with an approved use for residential household living, including a five-unit multifamily configuration. The property is listed as approved for multifamily use.

The lot is located in Philadelphia County in MLS Area 19134. The listing notes the Philadelphia City School District.

As presented, the asset is positioned for a residential multifamily project consistent with the approved five-unit multifamily approval.

Key Highlights

  • 2940 SF development‑ready lot approved for residential household living
  • Approved for multi‑family use with up to a 5‑unit building
  • Located on Frankford Ave in Philadelphia County (MLS Area 19134)

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Travel Agency Computer & Electronic Repair Acupuncture

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

2,506
Businesses Nearby

Demographics for 19134, PA

57,463
Population
25,290
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
77%
High-School Grad
3.4 sq mi
ZIP Area
16,901
Density / Sq Mi
$41,849
Median Household Income
$35,858
Median Earnings
$1,179
Median Rent
$127,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Development-ready lot approved for residential household living and up to a five-unit multifamily building.
Where is this residential land & home lot located?
The property is located at 3031 Frankford Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: 2940 SF development‑ready lot approved for residential household living; Approved for multi‑family use with up to a 5‑unit building; Located on Frankford Ave in Philadelphia County (MLS Area 19134)
More about this property
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