5101 Westminster Ave, PHILADELPHIA, PA 19131
Local realty services provided by:ERA Statewide Realty



5101 Westminster Ave,PHILADELPHIA, PA 19131
$1,249,999
- 0.59 Acres
- Lots / Land
- Active
Listed by:steve burke jr.
Office:tesla realty group, llc.
MLS#:PAPH2471386
Source:BRIGHTMLS
Price summary
- Price:$1,249,999
About this home
Introducing a remarkable ±25,420 SF corner lot in vibrant West Philadelphia, ideal for your next multifamily development project! This shovel-ready site comes complete with paid permits valued at over $40,000 and detailed plans to construct an impressive 74-unit residential building.
Enjoy unparalleled access to the dynamic University City area, a bustling "eds and meds" innovation hub featuring prestigious institutions like the University of Pennsylvania, Drexel University, CHOP, and the Science Center, alongside the thriving Schuylkill Yards and 30th Street Station. This prime location is truly at the heart of the Philadelphia real estate market and is poised for substantial appreciation in the coming years, thanks to its proximity to cutting-edge advancements in education, healthcare, life sciences, business, and technology.
The demand for high-quality housing in this area has never been more critical, making this an incredible opportunity to buy and build! Your new development will include a range of apartments—studios, one-bedroom, and two-bedroom units—complete with parking in an elegant five-story structure. Benefit from a significant 10-year tax abatement, allowing for increased returns on investment.
Don’t miss out on this extraordinary chance to transform a prime location into much-needed housing. For additional insights on the pro forma, plans, and permits, please reach out. Remember, the buyer is responsible for verifying taxes, square footage, and entitlements during due diligence. Take the next step in shaping Philadelphia's future today!
Contact an agent
Home facts
- Listing Id #:PAPH2471386
- Added:120 day(s) ago
- Updated:August 15, 2025 at 01:31 PM
Structure and exterior
- Lot area:0.59 Acres
Utilities
- Water:Public
- Sewer:Public Septic, Public Sewer
Finances and disclosures
- Price:$1,249,999
- Tax amount:$120,170 (2024)
New listings near 5101 Westminster Ave
- New$364,900Active4 beds -- baths1,940 sq. ft.
5125 Willows Ave, PHILADELPHIA, PA 19143
MLS# PAPH2525930Listed by: KW EMPOWER - Coming Soon$1,550,000Coming Soon5 beds 7 baths
106 Sansom St, PHILADELPHIA, PA 19106
MLS# PAPH2527770Listed by: MAXWELL REALTY COMPANY - New$99,000Active0.02 Acres
926 W Huntingdon St, PHILADELPHIA, PA 19133
MLS# PAPH2528034Listed by: HERITAGE HOMES REALTY - Coming SoonOpen Sat, 11am to 1pm$389,990Coming Soon1 beds 1 baths
428 N 13th St #3b, PHILADELPHIA, PA 19123
MLS# PAPH2523194Listed by: COMPASS PENNSYLVANIA, LLC - New$199,900Active3 beds 2 baths1,120 sq. ft.
440 W Butler St, PHILADELPHIA, PA 19140
MLS# PAPH2528016Listed by: RE/MAX AFFILIATES - New$224,900Active6 beds 2 baths2,334 sq. ft.
302 W Earlham Ter, PHILADELPHIA, PA 19144
MLS# PAPH2528018Listed by: CENTURY 21 VETERANS-NEWTOWN - Open Sat, 12 to 2pmNew$1,425,000Active4 beds 6 baths3,400 sq. ft.
1146 N 3rd St, PHILADELPHIA, PA 19123
MLS# PAPH2455326Listed by: KW EMPOWER - New$389,900Active3 beds 3 baths2,042 sq. ft.
2648 Maxwell St, PHILADELPHIA, PA 19152
MLS# PAPH2527936Listed by: ELITE REALTY GROUP UNL. INC. - Open Sat, 2 to 4pmNew$349,000Active2 beds 1 baths964 sq. ft.
3026 W Harper St, PHILADELPHIA, PA 19130
MLS# PAPH2527780Listed by: LIME HOUSE - New$185,000Active3 beds 1 baths1,116 sq. ft.
6734 Oakland St, PHILADELPHIA, PA 19149
MLS# PAPH2527996Listed by: TRUSTART REALTY