Prime development opportunity! Vacant RM-1 multifamily-zoned lot located in the rapidly growing Temple University/North Central Philadelphia corridor. The property measures approximately 15' x 50' (750± SF) and offers excellent potential for multifamily residential development. Surrounded by new construction and beautifully renovated homes, this site is ideally situated near Temple University, Center City, public transportation, major highways, shopping, and dining. Whether you're a developer, investor, or builder, this is an outstanding opportunity to acquire a multifamily-zoned parcel in one of Philadelphia's strongest rental and appreciation markets. Buyer is responsible for verifying zoning, permitted uses, lot dimensions, utility availability, and all development feasibility with the City of Philadelphia. Don't miss this exceptional investment opportunity!
Lot/land
$139,900
1239 N 16th St, Philadelphia, PA 19121
--beds
--baths
750Square Feet
Unimproved Land
Built in ----
750 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 16 days |
- 38 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
David Lo 215-722-0800,
Philly Real Estate 2157220800
Source: Bright MLS,MLS#: PAPH2641550
Facts & features
Property
Lot
- Size: 750 Square Feet
- Dimensions: 15.00 x 50.00
Details
- Parcel number: 471211600
- Zoning: RM1
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Tax assessed value: $75,000
- Annual tax amount: $1,049
- Date on market: 6/26/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,118/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Listed for sale | $139,900+174.3% |
Source: | ||
| 5/26/2015 | Sold | $51,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,855 +253.3% | $132,500 +253.3% |
| 2024 | $525 -27.5% | $37,500 -27.5% |
| 2023 | $724 +913.7% | $51,700 |
| 2022 | $71 | -- |
| 2021 | $71 | -- |
| 2018 | $71 | -- |
| 2017 | $71 | -- |
| 2016 | $71 | -- |
| 2015 | $71 | -- |
| 2014 | $71 +4.5% | $5,100 +41% |
| 2012 | $68 | $3,616 |
| 2011 | -- | $3,616 |
| 2010 | -- | $3,616 |
| 2009 | -- | $3,616 |
| 2008 | -- | $3,616 +175.6% |
| 2007 | -- | $1,312 +7.9% |
| 2006 | -- | $1,216 +442.9% |
| 2005 | -- | $224 |
| 2004 | -- | $224 |
| 2003 | -- | $224 |
| 2002 | -- | $224 |
| 2000 | -- | $224 |
| 1999 | -- | $224 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: North Central
Nearby schools
GreatSchools rating
- 4/10Meade Gen George C SchoolGrades: PK-8Distance: 0.4 mi
- 2/10Vaux HS: A Big Picture SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: Philadelphia City
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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