#PAPH2452484, Neil DiFranco, Listing Office: Elfant Wissahickon-Chestnut Hill
Property details
About 961 E Locust Ave
Welcome to 961 E Locust Ave, Philadelphia, PA 19138: A Buildable Vacant Lot in East Germantown Developers and investors, turn your attention to this 16 Ft x 35 Ft vacant lot, situated in the vibrant East Germantown neighborhood. This fantastic opportunity is nestled on a well-loved residential block and awaits your visionary touch. Zoned RM-1 (Residential Multifamily), the lot offers you the chance to construct a multifamily dwelling that complements the area's unique blend of historical charm and contemporary convenience. A highlight of this property is its strategic location. The convenience of public transit is merely a short walk away with several Septa bus stops in the vicinity. You'll also find numerous casual restaurants nearby, adding to the appeal for future residents seeking a diverse and vibrant local food scene. Essential amenities like grocery stores are within a comfortable walking distance, ensuring easy access for daily needs. Furthermore, the property is less than 1/2 mile from LaSalle University, bringing many of the university's amenities close to hand, including cultural events, learning opportunities, and more. Picture creating a multifamily home that caters to a broad spectrum of potential residents – from university staff and students to families and professionals. Given the site's zoning and the surrounding community's needs, this lot represents a promising investment opportunity. Whether you're a seasoned investor or a new builder looking to make an impact, 961 E Locust Ave presents a great opportunity for a successful real estate venture. Don't miss your chance to add this asset to your portfolio. Make your mark in East Germantown today!
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2425670
- MLS Name: BRIGHT
- Office Name: Philadelphia Homes
- Office Phone: (215) 948-2810
- Office Email: ray@thephillyhomes.com
- Listing Agent: Karen Rachel Ehrlich
- Agent Phone: (215) 219-7749
- Agent Email: karen@thephillyhomes.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.
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: 3/14/2025, 2:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$16,000
961 E Locust Ave
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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 | $9,900 | $138 |
2022 | $9,900 | $123 |
2021 | $- | $123 |
2020 | $8,800 | $123 |
2019 | $8,800 | $123 |
2018 | $8,800 | $123 |
2017 | $8,800 | $123 |
History based on county public records data.
Nearby schools
2
Joseph Pennell Elementary School
Public District KG-5
0.5 mi
•1800 Nedro Ave
4
Prince Hall Elementary School
Public District KG-5
0.5 mi
•6101 N Gratz St
4
Julia Ward Howe Academics Plus Elementary School
Public District KG-5
1.0 mi
•5800 N 13th 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 $21,357. The majority of Philadelphia, PA residents have income less than $<35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 961 E Locust Ave
This home is located at 961 E Locust Ave in Philadelphia, PA and zip code 19138 in the Germantown / Chestnut Hill neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 5, 2024 and is currently priced at $16,000.
In February 2025 more than 154 listings in Philadelphia, PA were sold above the asking price. During the same period more than 166 listings were sold at asking price, while more than 396 were sold below. In February 2025 in Philadelphia, PA there were 10.7% more homes for sale than in January. While the average time on the market in February 2025 was 59 days, the median list price was $268,469.