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Sold for $145,000 on 09/23/25
  • $145,000

    1231 S 27th St, Philadelphia, PA 19146

    --beds
    --baths
    905Square Feet
    Unimproved Land
    Built in ----
    905 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $1,524 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,524/mo

    Zestimate® history
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    What's special

    Located at 1231 S 27th St in Philadelphia, PA 19146, this corner lot zoned CMX2 offers an exceptional opportunity in the thriving Grays Ferry neighborhood. Spanning a prime location, this lot boasts significant potential for various development projects and investment ventures. Conventionally positioned at the intersection of S 27th St and Oakford street, there is decent exposure- providing a favorable investment for both commercial and residential endeavors. Factoring in the generous size and location of the lot, as well as the potential to build a multi-story structure, the opportunity to build retail spaces, offices, and/or residential units is readily available. The Grays Ferry neighborhood itself adds to the potential of this property. This has become a sought-after destination for residents and businesses alike. Within walking distance to both Wharton Square and D. Finnegan Playgrounds, as well as local eateries such as The Tasty Toast, Krunch Inn, 22nd stCafe, the area continues to expand and evolve. Don't miss out on this prime opportunity. This Property is being sold through an Act 135 conservatorship action. All prior structures were recently demolished. The Property is now a vacant lot, and the order to approve its sale will be a “free and clear” order.

    Zillow last checked: 8 hours ago

    Listing updated: August 09, 2024 at 06:16am

    Listed by:

    Kelly Gorman 215-301-7437,

    KW Empower

    Bought with:

    Kelly Gorman, 2077589

    KW Philly

    Source: Bright MLS,MLS#: PAPH2252504MLS Logo

    Facts & features

    Property

    Lot
    • Size: 905 sqft
    • Dimensions: 16.00 x 57.00
    Details
    • Parcel number: 871548690
    • Zoning: CMX2
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: No Sewer System
    • Water: None

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/23/2025Sold$145,000+75.8%
    Source: Public Record
    12/31/2023Sold$82,500-17.5%
    Source: Bright MLS #PAPH2252504
    9/18/2023Pending sale$99,999
    Source: Bright MLS #PAPH2252504
    8/7/2023Price change$99,999-16.7%
    Source: Bright MLS #PAPH2252504
    7/13/2023Price change$120,000+0.8%
    Source: Bright MLS #PAPH2252504

    Public tax history

    YearProperty taxesTax assessment
    2025$749 -47.3%$53,500 -47.3%
    2024$1,422 $101,600
    2023$1,422 -14.4%$101,600

    Find assessor info on the county website

    Neighborhood: Grays Ferry

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: The School District Of Philadelphia

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.