Philadelphia Multifamily Development
For Sale
$129,900
5140 IRVING Street, Philadelphia, PA 19139
Multi-Family, PHILADELPHIA, PA
Property Size7,890 SF
Lot Size0.05 Acres
Price / SF$16.46
Days on Market586
Property Features for 5140 IRVING Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Subdivision
WALNUT HILL
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status
Active
Size
7,890 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
956
Building Details
Year built
2025
Number of units
4
Listing Agency:
Keller Williams Realty Group
(610) 792-5900
Listed By:
Eric D Feinberg · License #RS318964
(484) 948-5872
Added: Jan 21, 2025
Changed: Aug 19
Last Checked: Aug 30 at 5:06AM
MLS# PAPH2437116
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 in a Qualified Opportunity Zone, this property presents a development opportunity in Philadelphia's University City. The property is situated in a rapidly growing zip code with rental demand from Drexel University, University of Penn, and young professionals. The zoning has recently changed to RM-1, allowing for 7 units by-right. The property is almost 27 feet wide and 85 feet deep, with a total lot size of 0.0519 acres, or 7890 square feet.
Key Highlights
- Zoning permit in hand for 7 units by‑right (RM‑1 zoning).
- Located in a Qualified Opportunity Zone.
- Prime location in University City, a rapidly growing area with high rental demand.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,608
Businesses Nearby
Explore this area
Business Placement
Demographics for 19139, PA
43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Development opportunity in University City, Philadelphia. Zoning permit in hand.
Where is this quadplex located?
The property is located at 5140 IRVING Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Zoning permit in hand for 7 units by‑right (RM‑1 zoning).; Located in a Qualified Opportunity Zone.; Prime location in University City, a rapidly growing area with high rental demand.
