MASOOD BILAL SIAL, Listing Office: Honest Real Estate
Property details
About 1606 W Loudon St
In the midst of Philadelphia's thriving real estate market, a rare opportunity awaits for savvy investors and developers: an RM1 zoned multifamily vacant lot listing. Located in a prime neighborhood, this parcel of land presents a blank canvas for creating a lucrative multifamily property. With its proximity to public transportation, local amenities, and thriving commercial corridors, this lot is poised to yield a significant return on investment. Imagine a modern apartment complex, complete with sleek amenities and Energy Star-rated appliances, rising from the ground to cater to the city's growing demand for quality housing. By capitalizing on this lot, entrepreneurs can unlock the potential for a lucrative rental income stream, while also contributing to the revitalization of Philadelphia's urban landscape. Large lot with good frontage. 3+ units can be built. Selling cash, as-is.
Highlights
Home typeVacant Land
StatusActive
(ACTIVE)
(ACTIVE)
Lot size0.03 Acres
MLS #PAPH2351596
Summary
- MLS Number: PAPH2351596
- MLS Name: BRIGHT
- Office Name: Meta Realty, LLC
- Office Phone: (856) 267-3829
- Office Email: investinspaces@gmail.com
- Listing Agent: Levent S Ulusal
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/22/2025, 11:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$45,000
1606 W Loudon St
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2020 | $0 | $110 |
| 2019 | $7,900 | $110 |
| 2018 | $7,900 | $110 |
| 2017 | $7,900 | $110 |
History based on county public records data.
Nearby schools
3
James Logan Elementary School
Public District KG-5
0.3 mi
•1700 Lindley Ave
4
Mastery Charter School John Wister Elementary School
Public Charter KG-5
1.0 mi
•67 E Bringhurst St
2
Mastery Preparatory Elementary Charter School
Public Charter KG-4
1.0 mi
•1801 W Pike St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,598. The most common annual income of people living in Philadelphia, PA is less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
62%
<35k
34%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
52%
Single, No Kids
23%
Single, with Kids
15%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
10%
12-17 yrs old
21%
18-34 yrs old
40%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Popeyes
Little Caesars
What do the neighbors drive?
Kia
Nissan
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
Kelly A Evanosich, Listing Office: Keller Williams Main Line
Tahzib Bacchus, Listing Office: Realty Mark Associates
Tahzib Bacchus, Listing Office: Realty Mark Associates
Aldo Torres, Listing Office: Homestarr Realty
Tobias Lee Biddle, Listing Office: Quality Real Estate-Broad St
Ahmad Hazem Ibrahim, Listing Office: KW Empower
Scott Simmens, Listing Office: Heritage Homes Realty
Ruthy Lopez, Listing Office: Homestarr Realty
CHAD DARIUS VANTERPOOL, Listing Office: Homestarr Realty
Frequently asked questions
About 1606 W Loudon St
This home is located at 1606 W Loudon St in Philadelphia, PA and zip code 19141 in the Olney / Oak Lane neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 6, 2024 and is currently priced at $45,000.
Philadelphia, PA housing market in December 2024 saw over 218 listings sold above listed price, more than 229 sold at listed price and over 580 sold below. The number of homes for sale in Philadelphia, PA decreased by 2.3% between November and December 2024. While the average time on the market in December 2024 was 49 days, the median list price was $267,873.
From Rocket Homes Real Estate and based on county public records data.