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Quadplex with Rear Unit Potential
For Sale
$499,000

702 Oak Lane Ave, Philadelphia, PA 19126

CMX-2 zoning accompanies a rear building identified for possible additional residential units.

Property Size4,892 SF
Price / SF$102
Days on Market307

Property Features for 702 Oak Lane Ave

General Information

Standard status Active
Size 4,892 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $6,332
Listing Agency: Compass Pennsylvania, LLC
Listed By: Adam Finestone · License #RS330731
Source: Exprealty
Added: Nov 4, 2025 Changed: Sep 3 Last Checked: Sep 6 at 12:53PM

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 Compass Pennsylvania, LLC

Investment Insights

Based on property information with market context.

This 4,892-square-foot quadplex is positioned for a renovation-focused repositioning. The existing building contains four residential units, while a separate rear building may provide an opportunity to evaluate two more units as part of a broader redevelopment plan. The property sits on a nearly 12,000-square-foot lot, offering additional site area for planning and construction analysis.

CMX-2 zoning adds flexibility to the property’s redevelopment review. Located at 702 Oak Lane Ave in Philadelphia, the asset can be considered for renovation of the current residential configuration, further study of the rear structure, or a longer-term hold strategy. Any expansion or additional unit plan would remain subject to applicable approvals and site review.

Key Highlights

  • 4,892‑square‑foot quadplex
  • Four existing residential units
  • Rear building with potential for two additional units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Big Box & Wholesale Store Skin Care Clinic

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

854
Businesses Nearby

Demographics for 19126, PA

16,159
Population
7,490
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
90%
High-School Grad
1.2 sq mi
ZIP Area
13,466
Density / Sq Mi
$52,847
Median Household Income
$40,610
Median Earnings
$1,116
Median Rent
$214,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - CMX-2 zoning accompanies a rear building identified for possible additional residential units.
Where is this quadplex located?
The property is located at 702 Oak Lane Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 4,892‑square‑foot quadplex; Four existing residential units; Rear building with potential for two additional units
More about this property
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