4401-4427 Lancaster Ave, Philadelphia, PA 19104
Local realty services provided by:ERA Liberty Realty
4401-4427 Lancaster Ave,Philadelphia, PA 19104
$975,000
- - Beds
- - Baths
- - sq. ft.
- Single family
- Active
Listed by: justin jarrell james
Office: kw empower
MLS#:PAPH2583202
Source:BRIGHTMLS
Price summary
- Price:$975,000
About this home
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 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 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.
Contact an agent
Home facts
- Year built:1915
- Listing ID #:PAPH2583202
- Added:1 day(s) ago
- Updated:February 12, 2026 at 06:35 AM
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Forced Air
Structure and exterior
- Roof:Flat
- Year built:1915
- Lot area:0.23 Acres
Schools
- High school:OVERBROOK
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$975,000
- Tax amount:$1,985 (2019)
New listings near 4401-4427 Lancaster Ave
$89,000Pending4 beds 1 baths1,236 sq. ft.1467 N 60th St, PHILADELPHIA, PA 19151
MLS# PAPH2568670Listed by: HG REALTY SERVICES, LTD.- Coming Soon
$615,000Coming Soon4 beds 4 baths1135 E Berks St, PHILADELPHIA, PA 19125
MLS# PAPH2583494Listed by: OCF REALTY LLC - PHILADELPHIA - New
$280,000Active4 beds -- baths1,828 sq. ft.2727 Cranston Rd, PHILADELPHIA, PA 19131
MLS# PAPH2581490Listed by: KW EMPOWER - New
$214,900Active3 beds 2 baths1,206 sq. ft.725 W Nedro Ave, PHILADELPHIA, PA 19120
MLS# PAPH2582824Listed by: KELLER WILLIAMS REAL ESTATE TRI-COUNTY - New
$305,000Active4 beds 2 baths1,530 sq. ft.2209 N 10th St, PHILADELPHIA, PA 19133
MLS# PAPH2583368Listed by: EXP REALTY, LLC - Coming Soon
$215,000Coming Soon1 beds 1 baths6105-00 Delaire Landing Rd #105, PHILADELPHIA, PA 19114
MLS# PAPH2583642Listed by: REALTY MARK ASSOCIATES - Coming Soon
$237,500Coming Soon3 beds 1 baths7537 Overbrook Ave, PHILADELPHIA, PA 19151
MLS# PAPH2583730Listed by: COLDWELL BANKER REALTY - Coming Soon
$100,000Coming Soon4 beds 1 baths3756 N Randolph St, PHILADELPHIA, PA 19140
MLS# PAPH2583734Listed by: KELLER WILLIAMS REAL ESTATE TRI-COUNTY - New
$315,000Active4 beds 2 baths2,076 sq. ft.5150 N 2nd St, PHILADELPHIA, PA 19120
MLS# PAPH2583736Listed by: CROWN HOMES REAL ESTATE - Coming Soon
$319,500Coming Soon3 beds 1 baths1178 S Darien St, PHILADELPHIA, PA 19147
MLS# PAPH2583742Listed by: ELFANT WISSAHICKON REALTORS