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3428 N 18th St
Philadelphia, PA 19140
Land For Sale · 0.46 AC

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INVESTMENT HIGHLIGHTS

  • ZONING APPROVED
  • HIGH-DEMAND AREA
  • PARKING = ULTIMATE URBAN LUXURY
  • BOUTIQUE MULTIFAMILY DEVELOPMENT
  • TOP-10 USA MSA
  • ECONOMICAL PROPOSED BUILD

EXECUTIVE SUMMARY

43-unit multifamily development site in Philadelphia, Pennsylvania — a Top-10 USA MSA. The proposed apartment building features 12 studios, 24 1-bed, and 7 2-bed apartments. Additionally, building features include a co-working lounge, bike storage, rooftop terrace, large lobby, elevator and parking lot (18 spaces). The structure will encompass 4-storeys with 35,761 SF on the substantial 19,881 SF parcel. Located near Temple University Health Sciences Center (strong employment base of highly-skilled, educated workers) in an area starved for multifamily housing. 10-year tax abatement eligible. Enquire within for PPP (plans, pro forma, permits). Short-term income is in-place via storage on-site.
Approx. $65K in annual income in-place via storage units ensures short-term cash flow while planning for future development.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.46 AC
Zoning RSA-5

1 LOT AVAILABLE

Lot

Price $1,075,000
Price Per AC $2,355,364.21
Lot Size 0.46 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
112255500
Land Assessment
$41,200
Improvements Assessment
$0
Total Assessment
$41,200
  • Listing ID: 37804069

  • Date on Market: 9/24/2025

  • Last Updated:

  • Address: 3428 N 18th St, Philadelphia, PA 19140

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3428 N 18th St

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