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

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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)