Zoned Residential Development
For Sale
$1,200,000
42064208 Chestnut Street, Philadelphia, PA 19104
Fee simple development site zoned CMX-4, offering by-right residential potential with proximity to major universities and hospitals.
Property SizeContact for details
Lot Size0.06 Acres
Days on Market254
Property Features for 42064208 Chestnut Street
General Information
Standard status
Active
Lot size
0.06 Acres
Property subtype
Commercial
Zoning
CMX-4
Lease Term
[]
Additional Details
Multifamily Units
23
Building Details
Year Built
1915
Listing Agency:
TCS Management,LLC
Listed By:
Moshe Adika · License #AB069795
(215) 383-1439
Source:
Deepcreeklake
Added: Dec 24, 2025
Changed: Sep 3
Last Checked: Sep 2 at 8:06PM
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 TCS Management,LLC
Investment Insights
Based on property information with market context.
This fee simple development site comprises 4206–4208 Chestnut Street and totals 2,754± square feet. The property is zoned CMX-4 and is presented for acquisition by qualified investors seeking to develop 23 residential units “by right,” with a unit mix intended to serve an “eds and meds” tenant base.
Located in the University City area of Philadelphia, specifically the Spruce Hill section, the site is described as extremely walkable with a 96 Walk Score. Several major employers and campuses are noted as being within walking or bike distance, including Penn Presbyterian Medical Center and the Science Center, as well as Drexel’s Vidas Athletic Complex and Fields. Additional nearby complexes listed include the University of Pennsylvania, Drexel University, St. Joseph’s University, and Penn Medicine and Children’s Hospital of Philadelphia.
Access and mobility are supported by nearby transit, with SEPTA’s Market-Frankford Line accessible via 40th Street or 46th Street Stations. A bus stop is also described as being within steps of the site, which can be practical for tenant convenience in a student and healthcare-oriented residential setting.
Located in the University City area of Philadelphia, specifically the Spruce Hill section, the site is described as extremely walkable with a 96 Walk Score. Several major employers and campuses are noted as being within walking or bike distance, including Penn Presbyterian Medical Center and the Science Center, as well as Drexel’s Vidas Athletic Complex and Fields. Additional nearby complexes listed include the University of Pennsylvania, Drexel University, St. Joseph’s University, and Penn Medicine and Children’s Hospital of Philadelphia.
Access and mobility are supported by nearby transit, with SEPTA’s Market-Frankford Line accessible via 40th Street or 46th Street Stations. A bus stop is also described as being within steps of the site, which can be practical for tenant convenience in a student and healthcare-oriented residential setting.
Key Highlights
- Fee simple development site at 4206–4208 Chestnut Street in Philadelphia’s University City (Spruce Hill) section
- 2,754± SF site, built 1915
- Zoned CMX‑4 with by‑right potential to develop 23 residential units
Property Analytics
Property Profile
Current Use
Lease Details
23
Residential units
Location Intelligence
Trade Area within ½ mile
1,697
Businesses Nearby
Explore this area
Business Placement
Demographics for 19104, PA
56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Fee simple development site zoned CMX-4, offering by-right residential potential with proximity to major universities and hospitals.
Where is this residential land & home lot located?
The property is located at 42064208 Chestnut Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Fee simple development site at 4206–4208 Chestnut Street in Philadelphia’s University City (Spruce Hill) section; 2,754± SF site, built 1915; Zoned CMX‑4 with by‑right potential to develop 23 residential units
