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About This Home

This 0-bedroom, 0-bathroom other at 5117 WARREN Street in PHILADELPHIA, PA is listed for $600,000. on a 0.21 acres lot.

Agent Description

5117-5127 Warren Street - 6-Lot Development Package | Up to 24 Units Rare opportunity to acquire six consecutive, RM-1 zoned lots in a surging area of West Philadelphia-shovel-ready and fully cleared. Located just one block off the bustling Lancaster Avenue commercial corridor, this stretch of Warren Street is surrounded by new construction, strong rental demand, and major development momentum.

This site comes with professional site planning and preliminary architectural renderings that support a 24-unit multifamily building. The proposed mix includes studios, 2-bedroom, and 3-bedroom units-perfectly suited for the neighborhood's growing demand for workforce housing and student housing.

Positioned within a Qualified Opportunity Zone (QOZ) and eligible for accelerated depreciation, this is an ideal project for long-term investors looking to build equity and generate significant tax benefits. (Buyers should consult their tax professional.) Highlights: 6 contiguous lots (5117-5127 Warren St) zoned RM-1 Preliminary site plan and rende

rings available for a 24-unit apartment building Fully cleared and shovel-ready In a QOZ - major tax incentives + bonus depreciation potential Surrounded by new construction, including multi-family and mixed-use projects Easy access to Center City, City Ave, and University City Unbeatable Location: 1 block to Lancaster Ave commercial corridor 0.7 m

i to ParkWest Town Center (ShopRite, Lowes, Planet Fitness) Minutes to Fairmount Park, the Mann Music Center, Please Touch Museum, and Bala Golf Club Close to St. Joseph's University, University of Pennsylvania, Drexel University, and Philadelphia College of Osteopathic Medicine (PCOM) Convenient access to Route 1, I-76, and SEPTA regional rail & t

rolley lines This is your chance to control a full development site in a high-growth corridor with proven rental demand and long-term upside. Build a new apartment building in a well-connected, transit-friendly, and amenity-rich neighborhood that continues to see significant public and private investment.

Key Features

  • 0.21 acre lot

Monthly Cost Estimate

$3,209/mo

20% down · 6.5% · 30 years

Principal$434
Interest$2,600
Insurance$175

Estimates only. Actual payments may vary.

Location

5117 WARREN Street

PHILADELPHIA, PA 19131

WEST PHILADELPHIA

Property Details

Construction

Frame

Parking

On Street

Questions & Answers

This 0-bedroom, 0-bathroom other at 5117 WARREN Street is listed at $600,000. The estimated monthly payment is $2,600 based on 20% down at 6.5% interest.

Key features include: 0.21 acre lot.

This property is listed by William B Spinner and can be reached at 8564187852 or brandon@njpropertyexchange.com.

WS

William B Spinner

Agent at Real Broker, LLC

(856) 418-7852

Listed by Real Broker, LLC

MLS# PAPH2521528· Source: listhub· Updated 256 days ago

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5117 WARREN Street, PHILADELPHIA, PA 19131

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