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$119,000
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Property Description
Prime opportunity to build in the heart of Philadelphia's Germantown / Mount Airy corridor. This vacant residential lot offers exceptional accessibility, neighborhood amenities, and strong resale fundamentals ideal for end-users, builders, and long-term investors alike. Located just steps from the Sedgwick Regional Rail Station, the property provides easy, car optional commuting with direct access to Center City and surrounding suburbs. Everyday conveniences are close at hand, with a supermarket less than one mile away and a neighborhood playground within walking distance, making this location especially attractive for buyers seeking both connectivity and quality of life. The surrounding area is known for tree-lined streets, a strong sense of community, and proximity to schools, transit, and retail. This is an ideal setting for homeowners who value accessibility without sacrificing neighborhood character. Whether targeting owner-occupants, families, or professionals commuting downtown, this location consistently performs. From a development standpoint, the lot benefits from a clear and compelling ARV benchmark. A recently completed home at 226 E Durham Street sold for approximately $410,000, directly supporting strong after-repair value potential for new construction on this block. This nearby sale provides real, street-level validation of end values and reduces valuation uncertainty for builders and investors. An excellent opportunity to capitalize on a proven block, strong transit access, and buyer demand in one of Northwest Philadelphia's most desirable residential pockets.
Full Property Details
Full Property Details for 240 E Durham St
General
- Price: $119,000
- Taxes: $1,084 (2025)
- Status: Active
- Type: Lots/Land
- Source: BrightMLSPhilly
- MLS ID: PAPH2568776
- Updated: 12/21/2025
- Added to Site: 63 day(s) ago
Location
- Area: 19119 (19119)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: From Stenton Av & Mt Airy Av Philadelphia, PA 19119 Head southeast on Stenton Ave toward E Mt Airy Ave, Turn right onto E Mt Pleasant Ave, Turn right onto Boyer St, Turn right onto E Durham St- will be on your right.
School Information
- School District: The School District Of Philadelphia
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Current Bldg. Use: Vacant
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,847
- Lot Size Source: Assessor
- Lot Dimensions: 21.00 x 194.00
- Zoning: RSA3
Financial Considerations
- Price Per Sq. Ft.: $24.55
- Assessment Year: 2025
- School Tax: $607
- City/TownTax: $477
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $77,500
- Tax Amount: $1,084
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 182
Listed by United Real Estate, Roth Perkins
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Schools
Schools serving 240 E Durham St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Henry H. Houston Elementary School 7300 Rural Lane, Philadelphia, PA 19119 | K-8 | 0.5 mi |
Roxborough High School 6498 Ridge Avenue, Philadelphia, PA 19128 | 9-11 | 2.6 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 240 E Durham St
Date
Details
Price
Change
Source
12/21/2025
Listed
$119,000
100.57%
MLS
12/10/2013
Sold
$59,331
—
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 240 E Durham St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,085
—
$77,500
—
2024
$1,085
55%
$77,500
100%
2021
$700
—
-100%
2023
$700
—
$50,000
—
2020
$700
—
$50,000
—
2019
$700
—
$50,000
—
2018
$700
—
$50,000
—
2017
$700
-32%
$50,000
-32%
2016
$1,032
-61%
$73,700
-63%
2015
$2,649
—
$197,700
—
2014
$2,649
49%
$197,700
990%
2013
$1,773
—
$18,144
—
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 240 E Durham St
240 E Durham Street, Philadelphia, PA 19119 (MLS# PAPH2568776) is a Lots/Land property with a lot size of 0.11 acres. 240 E Durham Street is currently listed for $119,000 and was received on December 21, 2025. Want to learn more about 240 E Durham Street? Do you have questions about finding other Lots/Land real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

