7241 Wheeler Street offers an excellent opportunity to own a sizable 0.21 acre lot with flexible CA-1 zoning. Located near the intersection of Elmwood and Island Avenues in Southwest Philadelphia, the property provides strong visibility and easy access, while possessing potential for multiple uses. The sale has the value added elements of including a 2024 Phase I environmental report as well as civil engineering plans used to secure Philadelphia Water Department approval for water and sewer connections. Located just minutes from the Philadelphia International Airport, I-95, and the Cobbs Creek, this lot is perfectly positioned amid the growing Elmwood Park Neighborhood. The key components are in place, now make your future happen at 7241 Wheeler Street.
Lot/land
Price cut: $30K (9/3)
$195,000
7241 Wheeler St, Philadelphia, PA 19153
--beds
--baths
8,945Square Feet
Unimproved Land
Built in ----
8,945 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 75 days
- 61
- 7
Zillow last checked:
Listing updated:
Listed by:
Peter Bishop 215-771-4375,
Independent Custom Realty LLP (215) 771-4375
Source: Bright MLS,MLS#: PAPH2651292
Facts & features
Property
Lot
- Size: 8,945 Square Feet
- Dimensions: 130.00 x 69.00
Details
- Parcel number: 885487260
- Zoning: CA1
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Hook/Up Avail
- Water: Public Hook-up Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Tax assessed value: $116,200
- Annual tax amount: $1,626
- Date on market: 7/24/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Price change | $195,000-13.3% |
Source: | ||
| 7/24/2026 | Listed for sale | $225,000+28.6% |
Source: | ||
| 11/8/2024 | Sold | $175,000-30% |
Source: | ||
| 10/16/2024 | Pending sale | $250,000 |
Source: | ||
| 4/29/2024 | Listed for sale | $250,000 |
Source: | ||
Public tax history
Tax history is unavailable.






