BEDS0
BATHS
MLS#PAPH2583202
STATUSACTIVE
PROPERTY TYPEResidential - Single Family
SUBDIVISIONMANTUA
SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA
Property Description
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.
Property Features
Property Type: Residential - Single Family
Cooling: Central A/C
Fuel Type: Electric
Heating: Forced Air
Lot Size: 0.23 Acres
Roof Type: Flat
Stories: 1.0
Taxes: $1,985
Year Built: 1915
Feature Descriptions
Accessibility: No Stairs
Additional Structures: Above Grade
Days on Site: 19
Exterior: Masonry
Location: Corner Lot/Unit
Lot: Not In Development
Lot Dimensions: 0.23 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Special View Info: Street
Structure Type: Other
Utilities: Sewer Available, Water Available
Water: Public
Local Schools
High School: OVERBROOK
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Listed By / Shown By
Listed By
Agency Name: KW Empower
Agency Phone: 2156273500
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,619.72 per month $2,169.93 Principal & Interest $165.42 Property Tax $284.38 Homeowner's InsuranceChange Payment Information
4401-4427 Lancaster Avenue | MLS# PAPH2583202
This single family home located at 4401-4427 Lancaster Avenue, Philadelphia, PA 19104 is currently listed for sale with an asking price of $975,000. This property was built in 1915 and . 4401-4427 Lancaster Avenue is located in the MANTUA subdivision within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search MANTUA real estate on www.realtymarkllc.com today.