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$193,000
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Property Description
Rare development opportunity in booming West Philadelphia's Cedar Park neighborhood! Vacant corner lot at 49th & Florence, zoned RM-1, ideal for by-right multifamily or single family construction. Ideally positioned with excellent corner exposure and development potential on a quiet residential block just off Baltimore Ave and near University City. Previously approved (zoning permit now expired) for a 3-story, 3-unit multifamily building with roof deck access. Full zoning plans, ROW approval, and drawings are available upon request. Surrounded by new development and located just steps from Clark Park, SEPTA trolley, regional rail lines, and Cedar Park. Buyer is responsible for all due diligence, including zoning approval and permitting. Property is being sold strictly as-is, where-is. Can be bundled with nearby lot at 4913 Florence Ave (MLS# PAPH2538346) for a larger development opportunity. Agent has financial interest.
Full Property Details
Full Property Details for 722 S 49th St
General
- Price: $193,000
- Taxes: $1,812 (2025)
- Status: Active
- Type: Lots/Land
- Source: BrightMLSPhilly
- MLS ID: PAPH2536772
- Updated: 3/14/2026
- Added to Site: 199 day(s) ago
Location
- Area: 19143 (19143)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: CEDAR PARK
- Cross Streets: Florence Ave
- Driving Directions: On the corner of S 49th St & Florence Ave
- Location Details: Corner Lot/Unit
School Information
- School District: The School District Of Philadelphia
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Stories Description: Main
- Current Bldg. Use: Land/Lot Only
Lot Features
- Lot Size (Sq. Ft.): 1,360
- Lot Size Source: Estimated
- Lot Dimensions: 16 x 82
- Zoning: RM1
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $141.91
- School Tax: $1,015
- County Tax Freq: Annually
- Tax w/Assessment: $129,500
- Tax Amount: $1,812
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Permits: No Building Permits
- Lot Number: 122
Listed by HomeSmart Realty Advisors, Marino Polidori
Get Pre-Approved Today
Schools
Schools serving 722 S 49th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Harrington Avery D School 5300-34 Baltimore Ave, Philadelphia, PA 19143 | K-8 | 0.5 mi |
Sayre William L Middle School 5800 Walnut Street, Philadelphia, PA 19139 | 9-12 | 1.2 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 722 S 49th St
Date
Details
Price
Change
Source
3/14/2026
Price Reduced
$193,000
-2.53%
MLS
1/27/2026
Price Reduced
$198,000
-16.1%
MLS
9/17/2025
Listed
$236,000
177.65%
MLS
4/22/2014
Sold
$85,000
—
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 722 S 49th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,813
—
$129,500
—
2024
$1,813
203%
$129,500
203%
2023
$598
-24%
$42,700
100%
2021
$792
32%
-100%
2022
$598
-24%
$42,700
-25%
2020
$792
—
$56,600
—
2019
$792
—
$56,600
—
2018
$792
—
$56,600
—
2017
$792
51%
$56,600
51%
2016
$524
-84%
$37,400
-85%
2015
$3,355
—
$250,400
—
2014
$3,355
923%
$250,400
7352%
2013
$328
—
$3,360
—
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 722 S 49th St
722 S 49th Street, Philadelphia, PA 19143 (MLS# PAPH2536772) is a Lots/Land property with a lot size of 0 acres. 722 S 49th Street is currently listed for $193,000 and was received on September 17, 2025. Want to learn more about 722 S 49th 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.

