Patterson-Schwartz Real Estate961 E Locust Avenue, Philadelphia, PA 19138-2335 $15,999
Description
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!
Lot Dimens: 16.00 x 35.00
Front Footage:
School Dist: The School District Of Philadelphia
Condo Assoc: No
Features
Utilities
Public Water, Public Sewer
Lot
Urban, City View, Street View
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (116 schools)
Public Middle (23 schools)
Public High (44 schools)
Private (103 schools)
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This report is a detailed community overview for Philadelphia (19138), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 39
- Average salary of people in this community: $33,376
Community Summary
- Population Density (ppl / mile): 19,019
- Household Size (ppl): 2.69
- Households w/ Children: 58%
Housing Inventory
- Owned: 8,451 (60.7%)
- Rented: 3,387 (24.3%)
- Vacant: 2,077 (14.9%)
- Total: 13,915
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 3.0%
- Some High School: 9.8%
- High School Graduate: 38.7%
- Some College: 23.9%
- Associate Degree: 7.9%
- Bachelor's Degree: 11.8%
- Graduate Degree: 5.0%
Income by dollar range
Median Income: $41,105
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $629
- One Bedroom: $802
- Two Bedroom: $923
- Three Bedroom: $1,116
- Four Bedroom: $1,096
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-285-5104
Listing Courtesy of: Philadelphia Homes , (215) 948-2810, ray@thephillyhomes.com
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 Patterson-Schwartz Real Estate 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.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 4/10/2025.
