861 & 857 N 40th St, Philadelphia, PA 19104

Local realty services provided by:Better Homes and Gardens Real Estate Reserve
861 & 857 N 40th St,Philadelphia, PA 19104
$475,000
  • 0.05 Acres
  • Lots / Land
  • Active
Listed by: joseph m. loonstyn jr.
Office: loonstyn brothers realty llc.
MLS#:PAPH2642952
Source:BRIGHTMLS

Price summary

  • Price:$475,000

About this home

Rare opportunity to acquire two development sites on the same block in the heart of West Philadelphia. 857 & 861 N. 40th Street are being offered together and include architectural plans for a combined 11-unit multifamily development. The proposed buildings feature modern contemporary designs with private roof decks, rear balconies, and spacious apartment layouts that cater to today's rental market. Located just blocks from University City, Drexel, Penn, major healthcare institutions, and convenient public transportation, the sites are ideally positioned for long-term rental demand. Whether you're an experienced developer looking for your next project or an investor seeking a prime development opportunity in one of Philadelphia's fastest-growing neighborhoods, this offering presents tremendous upside. Architectural plans are available upon request. Buyer to independently verify all zoning, permitting, and development information.

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Home facts

  • Listing ID #:PAPH2642952
  • Added:1 day(s) ago
  • Updated:June 30, 2026 at 11:51 PM

Structure and exterior

  • Lot area:0.05 Acres

Utilities

  • Water:Public
  • Sewer:Public Hook/Up Avail

Finances and disclosures

  • Price:$475,000
  • Tax amount:$1,184 (2025)