Address
4401-4427 Lancaster Avenue, Philadelphia, PA
Price
$ 875,000
Property Attributes
- MLS#PAPH2583202
- TypeSingle Family
- Listing Status ACTIVE
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19104
- NeighborhoodMantua
- Zip19104
- Style
- Year Built1915
- Taxes$ 1985
- Price$ 875,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.23 Acres
Data Source:
Bright MLS
Property Description
Major Price Reduction Now Offered at $975,000 | Prime Development Opportunity in West Philly's QOZ Previously listed at $1.1 million, this rare 10,000+ sq ft corner development site is now available for $975,000 a significant reduction for one of the most strategically located parcels in West Philadelphia. Situated at the high-visibility corner of Lancaster Ave and Belmont Ave, this property serves as the gateway to West Philadelphia, connecting University City to City Line Ave. This CMX-2 zoned assemblage includes 4401, 4421, 4423, 4425, 4427 Lancaster Ave and 892894 Belmont Ave, totaling approximately 10,084 sq ft of land. Development Highlights: CMX-2 zoning allows for by-right mixed-use development Conceptual plans for 2530 residential units with commercial on the ground floor Corner lot with double frontage and strong walkability Potential zoning bonuses for green roof and affordable housing set-aside Located in a Qualified Opportunity Zone (QOZ), offering substantial tax advantages Site is flat and cleared; former gas station tanks have been filled with sand Transit-Oriented Location: Immediate access to SEPTA trolley and bus routes Minutes to University City, Center City, and the Main Line Easy access to Route 1, City Ave, and I-76 Why QOZ Matters: Defer capital gains tax until 2026 Reduce gains if held 57 years Pay zero tax on appreciation if held for 10+ years This is a perfect opportunity for developers or investors seeking to capitalize on the growth of West Philadelphia with a shovel-ready vision in a booming corridor. The surrounding area is seeing ongoing commercial and residential development this site puts you right in the mix. Zoning analysis, preliminary architectural work, and proforma available upon request. New Price: $975,000 (Previously $1.1M) Delivered as-is. Buyer responsible for due diligence.
| High School |
|---|
| Overbrook High School |
| Price History | |
|---|---|
| 2/11/2026 | Listed $975,000 |
| 7/15/2026 | 11$875,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central A/C |
| Utilities | Sewer Available,Water Available |
| Possession | Settlement |
| Roof | Flat |
| Zoning | CMX2 |
| Architectural Style | Other |
| Construction Materials | Masonry |
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
| Year Built | 1915 |
| View | Street |
| Levels | 1 |
| Tax Year | 2019 |
| Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | No Stairs |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | MANTUA |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade |
| Status | ACTIVE |
| Directions | Use GPS on the corner of Belmont Avenue and Lancaster Ave |
| City | PHILADELPHIA |
| Senior Community Y/N | No |
| MLS Area | 19104 (19104) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 10084.00 |
| Tax Assessed Value | 141800.0 |
| Tax Annual Amount | 1985.0 |
| Structure Type | Other |
| Condo/Coop Association fee Y/N | No |
| Bathrooms Count Main Level | 0.00 |
| Acceptable Financing | Cash,Conventional,Exchange |
| Historic Y/N | No |
| Vacation Rental Y/N | No |
| Location Type | Corner Lot/Unit |
| Standard Status | Active |
| Year Built Source | Estimated |
| Tax Lot | 158 |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Hot Water | Electric |
| Basement (Y/N) | No |
| Heating Y/N | Yes |
| Central Air Y/N | Yes |
| LivingAreaSource | Estimated |
| Above Grade Finished Area Source | Estimated |
| Above Grade Finished Area Unit Type | Square Feet |
Exterior Features
| Pool | No Pool |
|---|---|
| Lot Features | Not In Development |
| Water Source | Public |
| Type of Parking | On Street |
| Water View Y/N | No |
| Lot Size Acres | 0.23 |
| Road Surface Type | Black Top,Concrete,Paved |
| Road Frontage Length | 90 |
| Lot Size Source | Estimated |
| Waterfront Y/N | No |
| Land Assessed Value | 28360.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 19104
Price
Taxes
Year Built
Visits
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