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$189,900
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Property Description
Opportunity knocks in one of Philadelphia's fastest-growing neighborhoods! This 17-foot-wide by 66-foot-deep vacant lot is ideally located in the heart of Olde Kensington, just steps from Northern Liberties, Fishtown, and the Market-Frankford Line. Surrounded by new construction and ongoing development, this lot is perfect for a savvy investor or builder looking to capitalize on the area's momentum. Zoned RSA-5, it's ideal for residential development - whether a single-family home or a modern twist on classic Philly rowhomes. Highlights: -Prime location on a quiet, residential block -Walking distance to coffee shops, bars, restaurants, and supermarkets -Just a few blocks from Girard Avenue and Liberties Walk -Easy access to public transportation and major highways Whether you're looking to build and sell, rent, or hold for long-term appreciation, this parcel is a rare find in a high-demand corridor. Don't miss your chance to be part of the neighborhood's exciting transformation!
Full Property Details
Full Property Details for 1543 N Franklin St
General
- Price: $189,900
- Taxes: $1,539 (2024)
- Status: Active
- Type: Lots/Land
- Source: BrightMLSPhilly
- MLS ID: PAPH2489258
- Updated: 12/17/2025
- Added to Site: 230 day(s) ago
Location
- Area: 19122 (19122)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: OLDE KENSINGTON
- Cross Streets: Jefferson
- Driving Directions: south on N.Franklin street past jefferson on the right side
School Information
- School District: Philadelphia City
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Current Bldg. Use: Vacant
Lot Features
- Property View: City
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,122
- Lot Size Source: Assessor
- Lot Dimensions: 17.00 x 66.00
- Zoning: RSA5
Financial Considerations
- Price Per Sq. Ft.: $169.25
- Assessment Year: 2025
- School Tax: $862
- City/TownTax: $677
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $110,000
- Tax Amount: $1,539
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Multiple Parcels: Yes
- Lot Number: 4
Listed by Level 18 Realty, Netanel Levi
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Schools
Schools serving 1543 N Franklin St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Ludlow James R School 550 Master Street, Philadelphia, PA 19122 | K-8 | 0.2 mi |
Penn Treaty Middle School 600 East Thompson Street, Philadelphia, PA 19125 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1543 N Franklin St
Date
Details
Price
Change
Source
6/02/2025
Listed
$189,900
3698%
MLS
11/11/2016
Sold
$5,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1543 N Franklin St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,540
—
$110,000
—
2024
$1,540
327%
$110,000
100%
2021
$361
-84%
-100%
2023
$2,195
508%
$156,800
508%
2020
$361
—
$25,800
—
2019
$361
—
$25,800
—
2018
$361
—
$25,800
—
2017
$361
265%
$25,800
263%
2016
$99
4%
$7,100
—
2015
$95
—
$7,100
—
2014
$95
179%
$7,100
1917%
2013
$34
—
$352
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1543 N Franklin St
1543 N Franklin Street, Philadelphia, PA 19122 (MLS# PAPH2489258) is a Lots/Land property with a lot size of 0.03 acres. 1543 N Franklin Street is currently listed for $189,900 and was received on June 02, 2025. Want to learn more about 1543 N Franklin Street? Do you have questions about finding other Lots/Land real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

