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$49,900
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Property Description
Rare opportunity to acquire a large vacant lot in an established Philadelphia neighborhood with strong development potential. This parcel offers the possibility to build a multi-family property with up to 4 units Ideal for developers and investors looking to add new construction to their portfolio or create a long-term income-producing asset. The lot size allows for efficient design, off-street considerations, and modern layouts attractive to today's renters. Conveniently located near public transportation, major roadways, shopping, and neighborhood amenities. New construction and redevelopment are active in the surrounding area, making this a compelling opportunity for future growth.
Full Property Details
Full Property Details for 4545 Hedge St
General
- Price: $49,900
- Taxes: $442 (2025)
- Status: Active
- Type: Lots/Land
- Source: BrightMLSPhilly
- MLS ID: PAPH2578456
- Updated: 1/26/2026
- Added to Site: 28 day(s) ago
Location
- Area: 19124 (19124)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: FRANKFORD
- Driving Directions: use gps
School Information
- School District: Philadelphia City
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Current Bldg. Use: Vacant
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 1,964
- Lot Size Source: Assessor
- Lot Dimensions: 24.00 x 81.00
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $25.41
- Assessment Year: 2025
- School Tax: $247
- City/TownTax: $194
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $31,600
- Tax Amount: $442
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 189
Listed by RE/MAX Affiliates, Rick Cummings
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Schools
Schools serving 4545 Hedge St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Stearne Allen M School 1655 Unity Street, Philadelphia, PA 19124 | K-8 | 0.1 mi |
Frankford High School 5000 Oxford Avenue, Philadelphia, PA 19124 | 9-12 | 0.6 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 4545 Hedge St
Date
Details
Price
Change
Source
1/26/2026
Listed
$49,900
81.45%
MLS
8/26/2021
Sold
$27,500
—
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 4545 Hedge St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$442
—
$31,600
—
2024
$442
24%
$31,600
24%
2023
$357
-71%
$25,500
100%
2018
$1,218
324%
-100%
2020
$287
—
$20,500
—
2019
$287
—
$20,500
—
2018
$287
—
$20,500
—
2017
$287
11%
$20,500
11%
2016
$258
4%
$18,400
—
2015
$247
—
$18,400
—
2014
$247
98%
$18,400
1338%
2013
$125
—
$1,280
—
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 4545 Hedge St
4545 Hedge Street, Philadelphia, PA 19124 (MLS# PAPH2578456) is a Lots/Land property with a lot size of 0.05 acres. 4545 Hedge Street is currently listed for $49,900 and was received on January 26, 2026. Want to learn more about 4545 Hedge 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.

