861 & 857 N 40th St, Philadelphia, PA 19104

--beds

--baths

2,300Square Feet

Unimproved Land

Built in ----

2,300 Square Feet Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Rare opportunity to acquire two development sites on the same block in the heart of West Philadelphia. 857 & 861 N. 40th Street are being offered together and include architectural plans for a combined 11-unit multifamily development. The proposed buildings feature modern contemporary designs with private roof decks, rear balconies, and spacious apartment layouts that cater to today's rental market. Located just blocks from University City, Drexel, Penn, major healthcare institutions, and convenient public transportation, the sites are ideally positioned for long-term rental demand. Whether you're an experienced developer looking for your next project or an investor seeking a prime development opportunity in one of Philadelphia's fastest-growing neighborhoods, this offering presents tremendous upside. Architectural plans are available upon request. Buyer to independently verify all zoning, permitting, and development information.

17 days

29

1

Facts & features

Property

Lot

Size: 2,300 Square Feet
Dimensions: 20.00 x 115.00

Details

Additional parcels included: 243161510, 243161300
Parcel number: 243161510
Zoning: RM1
Special conditions: Standard

Utilities & green energy

Sewer: Public Hook/Up Avail
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Philadelphia
Municipality: PHILADELPHIA

Financial & listing details

Tax assessed value: $84,600
Annual tax amount: $1,184
Date on market: 6/30/2026
Listing agreement: Exclusive Agency
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/30/2026	Listed for sale	$475,000
Source: Bright MLS #PAPH2642952 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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