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MLS: #PAPH2583202, Listed By: Justin James, KW Empower, Source:Bright MLS

4401-4427 Lancaster Avenue

PHILADELPHIA, PA 19104
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Bed --

Bed

Bath 0

Bath

Acres0.23

Acre(Lot)

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 892–894 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 25–30 residential units with commercial on the ground flo or 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 5–7 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.

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Detail Ic Property Details

Property Type : Residential

Price : $975,000

AD Id : 75238509

MLS Id : PAPH2583202

Lot Size : 0.23 Acre

Year Built : 1915

County : PHILADELPHIA

Subdivision: Mantua

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Map

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Feature Features

  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1915 Pool Features: None Private Pool: No View: Street

  • Lot Information

    Lot Size Acres: 0.23 Lot Size Source: Estimated Lot Size Square Feet: 10084 Lot Description: Corner Lot

    Property Information

    Subdivision: MANTUA Source Property Type: Residential Postal Code Plus 4: 1305 Levels: One Property Age: 111

  • Listing Price Information

    Listing Price: $975000

  • Tax Information

    Parcel Number: 882933865 Tax Lot: 158 Tax Year: 2019 Annual Tax: $1985

  • Parking Information

    On Street

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: OVERBROOK
  • Utility Information

    Sewer Available, Water Available
  • Location Information

    Direction: Use GPS on the corner of Belmont Avenue and Lancaster Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
427 N 33rd Street, Philadelphia, PA, 19104 $529,000 6 6 2,976 2,976 SqFt
433 N 33rd Street, Philadelphia, PA, 19104 $399,985 5 2 2,005 2,005 SqFt
723 N Shedwick Street, Philadelphia, PA, 19104 $199,000 2 2 1,111 1,111 SqFt
714 N Shedwick Street, Philadelphia, PA, 19104 $199,000 2 2 1,203 1,203 SqFt
3817 Hamilton Street, Philadelphia, PA, 19104 $529,000 6 3 2,047 2,047 SqFt
3817 Haverford Avenue, Philadelphia, PA, 19104 $449,900 4 3 3,184 3,184 SqFt
860 N 40th Street, Philadelphia, PA, 19104 $1,100,000 5 2 12,000 12,000 SqFt
609 N 44th Street, Philadelphia, PA, 19104 $275,000 4 2 1,532 1,532 SqFt
4325 Aspen Street, Philadelphia, PA, 19104 $385,000 7 2 1,554 1,554 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/21/2026 @ 21:52

MLS: PAPH2583202 LISTED BY: Justin James, KW Empower 215-627-3500 SOURCE: Bright MLS

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