RM1 Multifamily Lot
For Sale
$150,000
Pending
502 W Susquehanna Ave, Philadelphia, PA 19122
Five consecutive RM1 lots offer flexibility to build by right, including triplex options in a growing residential area.
Property SizeContact for details
Days on Market438
Property Features for 502 W Susquehanna Ave
General Information
Standard status
Pending
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$874
Listing Agency:
KW Empower
(215) 627-3500
Listed By:
Marc Bennett · License #RS337435
(609) 774-6936
Source:
Exprealty
Added: Jun 27, 2025
Changed: Sep 4
Last Checked: Sep 4 at 12:52PM
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 KW Empower
Investment Insights
Based on property information with market context.
This offering includes five consecutive multifamily lots at 502, 504, 506, 508, and 510 W Susquehanna Ave. Each lot is described as 18 feet wide and 64.75 feet deep, providing a compact, buildable configuration well suited to infill development. The package presents a rare opportunity to develop a single project across the combined lots or to pursue separate builds on multiple parcels.
The property is positioned amid new construction in every direction, creating a setting where redevelopment momentum is visible around the lots. The seller notes the lots are RM1 multifamily, and that a triplex can be built by right.
For developers and investors, the key advantage here is project flexibility. You can assemble the full frontage for one cohesive plan or develop multiple triplex structures depending on your underwriting and operating strategy. The RM1 designation and by-right triplex potential make this an attractive land option for parties looking to capitalize on ongoing neighborhood growth without waiting for rezoning.
The property is positioned amid new construction in every direction, creating a setting where redevelopment momentum is visible around the lots. The seller notes the lots are RM1 multifamily, and that a triplex can be built by right.
For developers and investors, the key advantage here is project flexibility. You can assemble the full frontage for one cohesive plan or develop multiple triplex structures depending on your underwriting and operating strategy. The RM1 designation and by-right triplex potential make this an attractive land option for parties looking to capitalize on ongoing neighborhood growth without waiting for rezoning.
Key Highlights
- 5 consecutive RM1 multifamily lots available at 502, 504, 506, 508, and 510 W Susquehanna
- Each lot is 18 ft wide and 64.75 ft deep
- Triplex construction is allowed by right on these RM1 lots
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,000
Businesses Nearby
Explore this area
Business Placement
Demographics for 19122, PA
26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Five consecutive RM1 lots offer flexibility to build by right, including triplex options in a growing residential area.
Where is this residential land & home lot located?
The property is located at 502 W Susquehanna Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 5 consecutive RM1 multifamily lots available at 502, 504, 506, 508, and 510 W Susquehanna; Each lot is 18 ft wide and 64.75 ft deep; Triplex construction is allowed by right on these RM1 lots
