#PAPH2366708, Michael Solomon, Listing Office: Realty Mark Associates
$343
closing credit¹
5731 Cedar Ave Philadelphia, PA 19143
Property details
About 5731 Cedar Ave
Prime Building Opportunity Discover an incredible investment opportunity with this spacious .03 acre lot in Cobbs Creek area of West Philadelphia. Generous Layout: Zoning RSA-5. New home can be well over 1,400 sq. ft. of living space with 4 or more bedrooms. Building height allowed up to 38Ft (3 stories – not including basement). Variance MAY be possible for a duplex or condominium build. Great sized rear yard. Single Family New Construction value between: $372K-$450K depending on finishes and additional upgrades. Whether you're an investor looking to flip for a profit or seeking to build and hold for consistent rental income, this opportunity checks all the boxes. Don't miss your chance to secure this promising lot and capitalize on its earning potential! Close to multiple public transportation routes, 5-10 minutes to University City, just a 20-minute commute to Center City and ease of access to anywhere on The Mainline or Delco, only 20-30 minutes to PHL Airport depending on traffic. Local attractions include: Boys Latin Philadelphia Charter School, Black Dragon Takeout, Toast Café, Hospital of the University of Pennsylvania - Cedar Avenue, Christy Pool & Recreation Center, Malcom X Park, Buna Café Philly, Booker’s Restaurant & Bar, Cleo's Bagels, and an abundance of shops and restaurants along Baltimore Ave and University City. This is a bid assignment; buyer must provide A Philadelphia Tax Clearance Certificate. No transfer taxes, no title costs, bring in your offer and secure your next building project.
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2437438
- MLS Name: BRIGHT
- Office Name: Livewell Properties
- Office Phone: (610) 551-4844
- Office Email: lauren@lwp-inc.com
- Listing Agent: Lauren Cierra Saidu-Kamara
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Last updated on: 2/1/2025, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$28,900
5731 Cedar Ave
$343
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $134,200 | $758 |
2022 | $89,200 | $641 |
2021 | $- | $641 |
2020 | $90,800 | $1,271 |
2019 | $87,400 | $1,223 |
2018 | $75,800 | $1,061 |
2017 | $75,800 | $1,061 |
History based on county public records data.
Nearby schools
3
Stonehurst Hills Elementary School
Public District KG-5
1.1 mi
•7051 Ruskin Ln
6
W B Evans Magnet School
Public Magnet KG-6
1.3 mi
•900 Baily Rd
4
East Lansdowne Elementary School
Public District KG-6
1.4 mi
•401 Emerson Ave
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 $34,412. Residents of Philadelphia, PA typically earn less than $<35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 5731 Cedar Ave
This home is located at 5731 Cedar Ave in Philadelphia, PA and zip code 19143 in the Cobbs Creek neighborhood. This 1,408 square foot home, which was built in 1925, sits on a 0.03 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $28,900.
Over 152 listings were sold over their listed price in January 2025 in Philadelphia, PA. In the same period over 457 listings were sold below the listed price and 186 listings were sold for the listed price. In January 2025 in Philadelphia, PA there were 3.5% more homes for sale than in December. In January 2025, listings were on the market for 52 days. During the same period, the median list price in this real estate market was $266,945.