Prime Multifamily Development Opportunity – Southwest Philadelphia Excellent opportunity to acquire a vacant, multifamily-zoned parcel in Southwest Philadelphia, ideal for investors and developers. This property is being sold with building plans to be furnished by the owner, offering a head start on construction and reducing pre-development time and costs. The lot is well-suited for a multifamily project in an area experiencing steady demand for rental housing. With flexible terms, the seller is negotiable on financing, and seller financing is available, making this an attractive option for both seasoned developers and buyers looking to enter the multifamily market. Whether you’re planning a new construction rental property or a long-term investment, this parcel offers location, zoning, and financing flexibility that’s hard to find. Don’t miss the chance to bring a new multifamily project to life in a growing Southwest Philadelphia neighborhood.
Lot/land
$55,000
6139 Wheeler St, Philadelphia, PA 19142
--beds
--baths
1,072Square Feet
Unimproved Land
Built in ----
1,072 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Vacant multifamily-zoned parcel
- 182 days |
- 20 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Keyon Whiting 215-313-6521,
Realty Mark Associates 2153764444
Source: Bright MLS,MLS#: PAPH2571150
Facts & features
Property
Lot
- Size: 1,072 Square Feet
- Dimensions: 16.00 x 67.00
Details
- Parcel number: 402170900
- Zoning: RM1
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: None
Community & HOA
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Tax assessed value: $13,400
- Annual tax amount: $187
- Date on market: 1/5/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Seller Financing,Other
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,441/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/5/2026 | Listed for sale | $55,000+340% |
Source:  Bright MLS #PAPH2571150 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/17/2018 | Listing removed | $12,500 |
Source: Owner Report a problem | ||
| 5/31/2017 | Listed for sale | $12,500 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $188 -15.7% | $13,400 -15.7% |
| 2024 | $223 | $15,900 |
| 2023 | $223 +59% | $15,900 |
| 2022 | $140 | -- |
| 2021 | $140 | -- |
| 2018 | $140 | -- |
| 2017 | $140 | -- |
| 2016 | $140 | -- |
| 2015 | $140 | -- |
| 2014 | $140 -62.6% | $27,900 +153.5% |
| 2012 | $374 | $11,008 |
| 2011 | -- | $11,008 |
| 2010 | -- | $11,008 |
| 2009 | -- | $11,008 |
| 2008 | -- | $11,008 |
| 2007 | -- | $11,008 +7.5% |
| 2006 | -- | $10,240 |
| 2005 | -- | $10,240 |
| 2004 | -- | $10,240 +6.7% |
| 2003 | -- | $9,600 +18.1% |
| 2002 | -- | $8,128 +8.1% |
| 2000 | -- | $7,520 |
| 1999 | -- | $7,520 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All 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: Elmwood
Nearby schools
GreatSchools rating
- 4/10Morton Thomas G SchoolGrades: K-5Distance: 0.2 mi
- 4/10Tilden William T Middle SchoolGrades: 5-8Distance: 0.4 mi
- 2/10Bartram John - MainGrades: 9-12Distance: 0.5 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Pennsylvania
- Philadelphia County
- Philadelphia
- 19142
- Elmwood
- 6139 Wheeler St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Philadelphia Topics
