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$85,000
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Property Description
A perfect investment opportunity to build and develop on a commercial, residential mixed use, CMX2 zoned corner lot on 56th and Walton, in the up and coming Cobb's Creek Neighborhood. This lot is just west of Walnut Hill/Cedar Park neighborhoods and a short walk from Blanche A. Nixon/Cobbs Creek Library, where the City's Rebuild Program has begun a $6.5 million investment into its park, recreation center, library, new amphitheater, new walking paths and a new play area. A few blocks from Boys Latin Philadelphia Charter School, PHS Christy Pool and Recreation Center and PHMC Public Health Campus on Cedar. Close to great restaurants like Buna Café Philly, Vietnam Cafe, Booker's Restaurant & Bar and Cleo's Bagels. A three minute drive to the Cobbs Creek Shopping Center, Malcolm X Memorial Park, 5 minute drive to Bartram's Gardens. The commute is made easy with a one block walk to the 57th St. Bus Stop, 5 blocks to Baltimore Ave.'s Light Rail Station, 15 minute drive to 30th St. Station, University of Pennsylvania and less than 20 minute drive to Center City's museums, renowned restaurants and Philadelphia International Airport. Build your investment property here! Lot size 19x74, zoned CMX2.
Full Property Details
Full Property Details for 632 S 56th St
General
- Price: $85,000
- Taxes: $566 (2025)
- Status: Active
- Type: Lots/Land
- Source: BrightMLSPhilly
- MLS ID: PAPH2469204
- Updated: 3/6/2026
- Added to Site: 291 day(s) ago
Location
- Area: 19143 (19143)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: COBBS CREEK
- Driving Directions: Cross street is Walton
School Information
- School District: Philadelphia City
Utilities
- Sewer: No Sewer System
- Water: None
Structural Information
- Current Bldg. Use: Land/Lot Only
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,406
- Lot Size Source: Assessor
- Lot Dimensions: 19.00 x 74.00
- Zoning: CMX2
- Lot Description: Cleared, Corner
Financial Considerations
- Price Per Sq. Ft.: $60.46
- Assessment Year: 2025
- School Tax: $316
- City/TownTax: $248
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $40,400
- Tax Amount: $566
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: None
- Inclusions: None
- Lot Number: 139
Listed by Compass Pennsylvania, LLC, Jennifer Borish
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Schools
Schools serving 632 S 56th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Sayre William L Middle School 5800 Walnut Street, Philadelphia, PA 19139 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 632 S 56th St
Date
Details
Price
Change
Source
6/17/2025
Listed
$85,000
1973.17%
MLS
11/15/2005
Sold
$4,100
—
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 632 S 56th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$566
—
$40,400
—
2024
$566
460%
$40,400
100%
2021
$101
—
-100%
2023
$101
—
$7,200
—
2020
$101
—
$7,200
—
2019
$101
—
$7,200
—
2018
$101
—
$7,200
—
2017
$101
—
$7,200
—
2016
$101
5%
$7,200
—
2015
$96
—
$7,200
—
2014
$96
-27%
$7,200
436%
2013
$131
—
$1,344
—
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 632 S 56th St
632 S 56th Street, Philadelphia, PA 19143 (MLS# PAPH2469204) is a Lots/Land property with a lot size of 0.03 acres. 632 S 56th Street is currently listed for $85,000 and was received on June 17, 2025. Want to learn more about 632 S 56th 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.

