Property details
About 550 Allengrove St
In the heart of Northeast Philly! Don't miss your chance to own a remarkable 0.62-acre lot, zoned and ready for either industrial or residential development. Situated in a booming locale, this property is a goldmine for investors aiming to capitalize on Philly's thriving economic landscape. Dreaming of launching a business? The existing industrial zoning on this land eases the way for you to establish anything from manufacturing facilities to warehouses. Its strategic location near major transportation veins like I-95 and Route 1 ensures that you're not just in the mix—you're leading it. But the possibilities don't end there. The property also holds immense potential for residential or multi-family units. Envision developing a community of townhouses or apartments, offering residents a life that marries convenience and comfort. This is a neighborhood people want to live in, with top-notch schools, diverse local culture, and quick access to parks and shopping. Investors, this is more than just a piece of land; it's a ticket to unlimited possibilities in one of Philly's most promising districts. Whether you're targeting the commercial sector or looking to create homes, you can't go wrong with this strategic investment. So don't sit on the sidelines. Step up and take advantage of this extraordinary opportunity to shape Philly's future.
Highlights
(ACTIVE)
Summary
- List Price: $494,900
- Annual Tax Amount: $2,511
- Tax Year: 2023
- Directions: Bingham Street south to Allengrove St turn right
- Municipality: Philadelphia
- Lot Size: 0.69 Acres
- MLS Number: PAPH2279718
- MLS Name: BRIGHT
- Office Name: EXP Realty, LLC
- Office Phone: (888) 397-7352
- Listing Agent: Craig A. Lerch Jr.
- Agent Phone: (215) 778-6805
- Agent Email: craig@craiglerch.com
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.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/7/2025, 12:55:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 10, 2005 | Home Sold | $145,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $179,400 | $2,511 |
| 2022 | $179,400 | $2,178 |
| 2021 | $- | $2,211 |
| 2020 | $158,000 | $2,211 |
| 2019 | $158,000 | $2,211 |
| 2018 | $153,400 | $2,147 |
| 2017 | $116,200 | $1,626 |
History based on county public records data.
Nearby schools
3
Laura H. Carnell School
Public District KG-5
1.1 mi
•1100 Devereaux Ave
4
James R. Lowell Elementary School
Public District KG-4
1.3 mi
•450 W Nedro Ave
5
Cheltenham Elementary School
Public District KG-4
1.4 mi
•7853 Front 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 $26,224. 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?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Soccer
Mexican League Soccer
Continuing Education Courses
Where do the neighbors shop?
Forever 21
Burlington
Books-a-Million
Where do the neighbors go to eat?
Dominos Pizza
Wingstop
Church's Chicken
What do the neighbors drive?
Mazda
Nissan
Toyota
What do the neighbors listen to?
Rhythmic Contemporary Hits
Christian Adult Contemporary- Adult Hits
Frequently asked questions
About 550 Allengrove St
The listing price of 550 Allengrove St property is $494,900.
The property 550 Allengrove St is land located in Philadelphia, Pennsylvania, 19120.
Active Listing: 550 Allengrove St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 550 Allengrove St are: Laura H. Carnell School (GreatSchools Rating 3/10), James R. Lowell Elementary School (GreatSchools Rating 4/10), Cheltenham Elementary School (GreatSchools Rating 5/10), Benjamin Franklin School (GreatSchools Rating 3/10), Universal Creighton Charter School (GreatSchools Rating 6/10), Grover Washington, Jr. Middle School (GreatSchools Rating 5/10), Samuel Fels High School (GreatSchools Rating 3/10), Mast Community Charter School II (GreatSchools Rating 5/10), Aspira Bilingual Cyber Charter School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $2,511 (source: MLS/based on county public records data).
The last sale was on June 10, 2005 for $145,000 (source: MLS/tax record).
The property 550 Allengrove St is 0.69 acres.
This home is located at 550 Allengrove St in Philadelphia, PA and zip code 19120 in the Crescentville neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 26, 2023 and is currently priced at $494,900.
The number of homes for sale in Philadelphia, PA increased by 36.5% between May and June 2025. While the average time on the market in June 2025 was 90 days, the median list price was $292,873.