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Multifamily Development Lot
For Sale
$125,000

637 S FELTON STREET, Philadelphia, PA 19143

Zoned RM-1, this 40x100 double-wide lot supports up to 7 units as-is or 10 units with a lot split.

Property SizeContact for details
Lot Size0.09 Acres
Days on Market62

Property Features for 637 S FELTON STREET

General Information

Standard status Active
Lot size 0.09 Acres
Property subtype Unimproved Land
Zoning RM-1
Listing Agency: KW Commercial
Listed By: Rodney Ross · License #RS314073
Source: Cummingsrealtors
Added: Jun 13 Changed: Aug 12 Last Checked: Aug 12 at 5:41AM

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 Commercial

Investment Insights

Based on property information with market context.

Rare 40x100 double-wide lot available for sale at 637 S Felton Street in Philadelphia, PA, zoned RM-1. The site presents multiple development paths depending on how the existing structure is handled. As-is, up to 7 units can be built by right, or the lot can be split into two parcels to allow up to 10 units.

The existing structure can be kept and expanded, or it can be torn down to support redevelopment. The selling entity includes members who are licensed PA real estate agents.

This property is best suited for buyers looking for a flexible multifamily development site with clear RM-1 unit-count options tied to keeping, expanding, or replacing the current structure.

Key Highlights

  • 40x100 double‑wide lot in Cobbs Creek zoned RM‑1
  • Supports up to 7 units by‑right as‑is
  • Can be split into two lots to allow up to 10 units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Parking Lot & Garage Dental Office

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

Location Intelligence

Trade Area within ½ mile

1,231
Businesses Nearby

Demographics for 19143, PA

64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Zoned RM-1, this 40x100 double-wide lot supports up to 7 units as-is or 10 units with a lot split.
Where is this apartment building located?
The property is located at 637 S FELTON STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 40x100 double‑wide lot in Cobbs Creek zoned RM‑1; Supports up to 7 units by‑right as‑is; Can be split into two lots to allow up to 10 units
More about this property
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