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MLS: #PAPH2626776, Listed By: Steve Burke, Tesla Realty Group, LLC, Source:Bright MLS

5101 Westminster Avenue

PHILADELPHIA, PA 19131
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Bed 57

Bed

Bath 0

Bath

SqFt124,936

Sqft

Acres0.59

Acre(Lot)

Prime West Philadelphia development opportunity with zoning approvals previously obtained for a 74-unit residential project. This offering includes a fully designed adaptive reuse and new construction development consisting of a renovated existing structure plus a proposed five-story addition. Architectural, structural, civil, and MEP plans have already been completed, representing a substantial head start for a developer looking to move quickly. The seller has invested approximately $300,000 toward planning, design, engineering, and entitlement work to bring the project to its current stage. Approved plans called for approximately 57,842 SF of gross building area with a total of 74 residential units, including 27 units within the existing structure and 47 units within the newly proposed addition. The project was designed as an R-2 occupancy with modern multifamily layouts and code-compliant life safety systems. Adding to the area’s momentum, a newly constructed 30-unit residential building is located directly next door, further highlighting the strong development activity and increasing demand in the immediate neighborhood. Please note: Previously issued permits have expired, and the buyer will be responsible for obtaining new permits and completing any required updates or re-approvals with the City of Philadelphia. However, much of the difficult and time-consuming pre-development work, including architecture, engineering, and zoning-related approvals, has already been completed. Located in the rapidly developing West Philadelphia corridor with strong rental demand, nearby institutional growth, and continued neighborhood investment, this is an excellent opportunity for developers, multifamily operators, or long-term investors seeking a project with substantial pre-development work already completed. The buyer is responsible for independently verifying zoning, permits, approvals, taxes, square footage, and all development feasibility information. Extensive architectural package available upon request including full DesignBlendz plan set, structural, civil, and MEP drawings. Property previously received zoning approval for 74 residential units. Seller states over $300,000 has already been spent on architecture, engineering, planning, and entitlement-related costs. Plans include renovation of existing structure plus new 5-story addition. Approximate proposed building area is 57,842 SF. Previously issued permits have expired. Buyer will be responsible for re-permitting and confirming current city requirements, approvals, and development pathway moving forward. Ideal for experienced multifamily developers seeking a partially de-risked project with substantial pre-development work completed. Buyer to perform all due diligence regarding transferability of approvals, permitting status, taxes, utilities, construction costs, and development feasibility. Contact listing agent for access to plans and supporting documentation.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,088,000

AD Id : 83858345

MLS Id : PAPH2626776

Beds : 57

Lot Size : 0.59 Acre

Living Area Size : 124,936

Year Built : 1940

County : PHILADELPHIA

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Feature Features

  • Bedroom Information

    Total beds: 57
  • Heating & Cooling

    Has Heating: Yes Heating: Other Has Cooling: Yes Cooling: Other

  • Building Information

    Year Built: 1940 Building Area Total: 124936 Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.59 Lot Size Source: Estimated Lot Size Square Feet: 25700

  • Listing Price Information

    Listing Price: $1088000

  • Tax Information

    Parcel Number: 881000337 Tax Lot: 444 Tax Year: 2026 Annual Tax: $9378

  • Parking Information

    Parking Lot

  • Location Information

    Direction: 5101 Westminster WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4602 Lancaster Avenue, Philadelphia, PA, 19131 $360,000 4 -- 2,790 2,790 SqFt
4928 W Thompson Street, Philadelphia, PA, 19131 $245,000 4 -- 1,777 1,777 SqFt
4085 Ford Road, Philadelphia, PA, 19131 $299,000 5 -- 1,600 1,600 SqFt
4952 Lancaster Avenue, Philadelphia, PA, 19131 $325,000 4 -- 2,224 2,224 SqFt
5026 Master Street, Philadelphia, PA, 19131 $399,999 3 -- 2,320 2,320 SqFt
5100 Warren Street, Philadelphia, PA, 19131 $45,000 2 -- --
5117 Warren Street, Philadelphia, PA, 19131 $900,000 11 -- 4,600 4,600 SqFt
5229-31 Westminster Ave.., Philadelphia, PA, 19131 $399,999 1 -- 1,760 1,760 SqFt
5137 Harlan Street, Philadelphia, PA, 19131 $155,000 3 -- 1,030 1,030 SqFt
5212 Harlan Street, Philadelphia, PA, 19131 $269,000 3 -- 1,000 1,000 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 06/19/2026 @ 17:52

MLS: PAPH2626776 LISTED BY: Steve Burke, Tesla Realty Group, LLC 844-837-5274 SOURCE: Bright MLS

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