1029 W Indiana Ave,PHILADELPHIA, PA 19133
PHILADELPHIA, PA 19133
Description
Vacant Land. Go and Show. Excellent development opportunity in an up-and-coming North Philadelphia neighborhood. This vacant lot is zoned RM-1, allowing single-family, two-family, or multi-family residential development by right, making it ideal for builders and investors looking for flexibility and strong upside RM-1 zoning permits two-unit and multi-unit residential construction without the need for a variance, offering a straightforward path to development. Build a two-unit property by right-live in one unit and rent the other, or create a long-term income-producing asset. The lot is located on a quiet residential block with new construction and redevelopment nearby, signaling continued neighborhood growth. Conveniently situated close to the Broad Street Line, shopping, neighborhood amenities, and ample street parking, this location checks all the boxes for future homeowners and tenants alike. Property is being sold as-is. Buyer is responsible for City certification and all due diligence. Whether you're a builder looking for your next project or an investor seeking a buy-and-hold opportunity in a transitioning area, this RM-1 parcel delivers zoning flexibility, location, and value. Don't miss this chance-vacant land with by-right density is increasingly rare.
Details
| MLS # | PAPH2578760 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Days On Site | 263 |
| Listing Provided By | Opulent Realty Group LLC | James R Williams |
Features
| Zoning | RM1 |
|---|---|
| Acreage | 0.02 |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 257 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19133 |
| Area | 19133 (19133) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19133) | |
Price: $22,000 low | high Med: $139,900 On site: 263 low | high Med: 25 | |
Market Activity 19133
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19133 |
| Area | 19133 (19133) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19133) | |
Price: $22,000 low | high Med: $139,900 On site: 263 low | high Med: 25 | |
