702 Oak Lane Avenue, Philadelphia, PA 19126 - Photo 1

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$499,000

For Sale
Under Contract
Multi-Family
4 Car Garage

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Property Description

Welcome to an incredible opportunity to renovate and bring this spacious quad back to life. The property also offers potential to add two additional units in the rear building, creating even more value. Zoned CMX-2 and situated on a nearly 12,000 sq ft lot, this property provides endless possibilities for redevelopment or long-term hold. With ample space, flexible zoning, and strong upside potential, this is a rare find in today's market. Don't miss your chance to add this exceptional investment to your portfolio!

Full Property Details

Full Property Details for 702 Oak Ln Ave

General

Price: $499,000
Taxes: $6,332 (2024)
Status: Under Contract
Type: Multi-Family
Source: BrightMLSPhilly
MLS ID: PAPH2555486
Updated: 12/17/2025
Added to Site: 74 day(s) ago

Parking

Garage: Yes
Garage Spaces: 4
Total Spaces: 4
Parking Type: On Street, Detached Garage
Garage Description: Additional Storage Area

Location

Area: 19126 (19126)
Municipality: PHILADELPHIA
County: PHILADELPHIA
Subdivision: EAST OAK LANE
Cross Streets: N. 7Th
Driving Directions: east on Oak Lane

School Information

School District: The School District Of Philadelphia

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C, Wall Unit
Cooling Fuel: Electric
Heating Type: Zoned
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Converted Dwelling, Other, Traditional
Structure Type: Other
Construction: Stone
Basement: Yes
Basement Desc.: Full, Unfinished
Foundation: Stone
Roof: Flat, Pitched
Windows: Replacement
Square Feet: 4,892
Sq. Ft. Source: Estimated
Living Area: 4,892 Sq. Ft.
Finished Above Grnd: 4,892 Sq. Ft.
Year Built: 1925
Year Built Source: Estimated

Lot Features

Lot Size (Acres): 0.25
Lot Size (Sq. Ft.): 11,066
Lot Size Source: Estimated
Zoning: CMX2

Financial Considerations

Price Per Sq. Ft.: $102
Assessment Year: 2025
School Tax: $3,546
City/TownTax: $2,786
City/TownTax Freq: Annually
Tax w/Assessment: $452,400
Tax Amount: $6,332
Tax Year: 2024

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 87

Listed by Compass Pennsylvania, LLC, Adam Finestone and Compass Pennsylvania, LLC, John Wylie

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Listing agents

— 702 Oak Ln Ave —

Adam Finestone

Compass Pennsylvania, LLC
John Wylie

Compass Pennsylvania, LLC

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Schools

Schools serving 702 Oak Ln Ave

School District:Philadelphia City School District

Name	Grades	Distance
Ellwood School 6701 North 13th Street, Philadelphia, PA 19126	K-5	0.4 mi
Wagner Gen Louis Middle School 1701 West Chelten Avenue, Philadelphia, PA 19126	6-8	0.9 mi
King Martin Luther High School 6100 Stenton Avenue, Philadelphia, PA 19138	9-12	1.7 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 702 Oak Ln Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

11/04/2025

Listed

$499,000

62.33%

MLS

7/18/2014

Sold

$307,400

—

Public Record

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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 702 Oak Ln Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$6,333

—

$452,400

—

2024

$6,333

15%

$452,400

100%

2021

$5,514

—

-100%

2023

$5,524

—

$394,600

—

2020

$5,514

—

$393,900

—

2019

$5,501

30%

$393,000

30%

2018

$4,227

3%

$302,000

3%

2017

$4,106

—

$293,300

—

2016

$4,106

4%

$293,300

—

2015

$3,930

—

$293,300

—

2014

$3,930

25%

$293,300

809%

2013

$3,152

—

$32,256

—

View All

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

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702 Oak Lane Avenue, Philadelphia, PA 19126 (MLS# PAPH2555486) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 702 Oak Lane Avenue is currently listed for $499,000 and was received on November 04, 2025. Want to learn more about 702 Oak Lane Avenue? Do you have questions about finding other Multi-Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

702 Oak Ln Ave Philadelphia, PA 19126