Philadelphia Land Redevelopment
For Sale
$599,985
838-840 N 12TH Street, Philadelphia, PA 19123
LAND - PHILADELPHIA, PA
Property SizeContact for details
Lot Size0.02 Acres
Days on Market117
Property Features for 838-840 N 12TH Street
General Information
Property type
Land
Property subtype
Other
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
2364
Listing Agency:
Keller Williams Platinum Realty - Wyomissing · Keller Williams Realty
(610) 898-1441
Listed By:
steven lee sims Jr. · License #RS289603
(717) 222-1549
Added: Apr 10
Changed: Jun 9
Last Checked: Aug 4 at 3:06PM
MLS# PAPH2606256
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 a few blocks from Center City and Broad Street in the Spring Garden area of Philadelphia, this property offers a redevelopment opportunity. The site is positioned within a neighborhood characterized by rapid development, new construction, and ongoing revitalization. The offering includes two separate parcels that must be sold together. Parcel 1 measures 15 x 58, while Parcel 2 measures 18 x 55. The property is currently configured as a former funeral home with two residential units: one 1-bedroom apartment and one 2-bedroom apartment. The property has the potential to build three 3-story homes, making it suitable for builders. The total lot size is 0.0197 acres. The funeral home is still in operation.
Key Highlights
- Prime redevelopment opportunity in a high‑growth area near Center City and Broad Street
- Two separate parcels included (15 x 58 and 18 x 55) offering added flexibility and scale for development
- Potential to build three 3‑story homes, maximizing return on investment
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,537
Businesses Nearby
Explore this area
Business Placement
Demographics for 19123, PA
18,793
Population
10,636
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
14,456
Density / Sq Mi
$95,872
Median Household Income
$73,760
Median Earnings
$1,687
Median Rent
$544,700
Median Home Value
Market
Properties on Market for Land in Philadelphia
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Frequently Asked Questions
What type of property is this?
Land - Two parcels near Center City, ideal for residential development.
Where is this land located?
The property is located at 838-840 N 12TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $599,985.
What are key features of this property?
This property features: Prime redevelopment opportunity in a high‑growth area near Center City and Broad Street; Two separate parcels included (15 x 58 and 18 x 55) offering added flexibility and scale for development; Potential to build three 3‑story homes, maximizing return on investment
