$499,000
702 Oa••••• Lane Ave (Sign up for 50 free credits to unlock)Philadelphia, PA 19126
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!
Property Facts & Features
- Property Type
- Multi Family
- Status
- For Sale
- Listed
- Nov 3, 2025
- Price per Sq Ft
- $102/sqft
- ZIP Code
- 19126
- Garage
- 4 spaces
- Parking
- On Street, Detached Garage
- Heating
- Zoned
- Cooling
- Central A/C, Wall Unit
- Construction
- Stone
- Style
- Converted Dwelling, Traditional
- Property Tax (2026)
- $6,332/yr
- Assessed Value
- $452,400
- Last Sold
- $307,400 · Aug 5, 2014
- Neighborhood
- East Oak Lane
- County
- Philadelphia
- School District
- The School District of Philadelphia
Features & Amenities
Land Info
- Lot Size Acres: 0.2540404
- Lot Size Square Feet: 11066
Multi-Unit Info
- Number of Units: 4
- Number of 1 Bedroom Units: 1
- Number of 2 Bedroom Units: 2
- Number of 3 Bedroom Units: 1
Garage and Parking
- Garage Spaces: 4
- Parking Features: On Street, Detached Garage
- Parking Total: 4
School Information
- School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Heating and Cooling
- Cooling Features: Central A/C, Wall Unit
- Heating Features: Zoned
- Heating: Yes
Other Property Info
- Annual Tax Amount: 6332
- Source Listing Status: Active Under Contract
- County: PHILADELPHIA
- Disclaimer: Standard
- Ownership: Fee Simple
- Source Neighborhood: EAST OAK LANE
- Subdivision: EAST OAK LANE
- Township: PHILADELPHIA
- Property Subtype: Quadruplex
Building and Construction
- Total Square Feet Living: 4892
- Year Built: 1925
- Above Grade Finished Area: 4892
- Construction Materials: Stone
- Property Age: 101
- Total Area Sqft: 4892
- Architectural Style: Converted Dwelling, Traditional
Price & Event History
| Date | Event | Price | $/Sq Ft |
|---|---|---|---|
| Nov 3, 2025 | Listed | $499,000 | $102 |
| Aug 5, 2014 | Sold | $330,000 | - |
| Apr 30, 2014 | Listed | $330,000 | - |
| Aug 28, 2003 | Sold | $240,000 | - |
| Jun 2, 2003 | Listed | $240,000 | - |
Property Tax History
| Year | Tax | Assessed | Land | Building | Market |
|---|---|---|---|---|---|
| 2026 | $6,332 | $452,400 | $135,720 | $316,680 | $452,400 |
| 2025 | $6,332 | $452,400 | $135,720 | $316,680 | $452,400 |
| 2024 | $5,523 | $394,600 | $118,380 | $276,220 | $394,600 |
| 2023 | $5,523 | $394,600 | $118,380 | $276,220 | $394,600 |
| 2022 | $5,513 | $393,900 | $118,170 | $275,730 | $393,900 |
| 2021 | $5,513 | $393,900 | $118,170 | $275,730 | $393,900 |
| 2020 | $5,513 | $393,900 | $118,170 | $275,730 | $393,900 |
| 2019 | $5,501 | $393,000 | $117,900 | $275,100 | $393,000 |
| 2018 | $4,227 | $302,000 | $90,600 | $211,400 | $302,000 |
| 2017 | $4,105 | $293,300 | $89,217 | $204,083 | $293,300 |
| 2016 | $4,105 | $293,300 | $89,217 | $204,083 | $293,300 |
| 2015 | $3,930 | $293,300 | $89,217 | $204,083 | $293,300 |
Nearby Schools
- Ellwood School0.4 mi
Public · Elementary · Grades K-5
- Wagner Gen Louis Middle School0.9 mi
Public · Middle · Grades 6-8
- King Martin Luther High School1.6 mi
Public · High · Grades 9-12
- Hope Church School0.5 mi
Private · Elementary, Middle, High · Grades PK-12
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1337 13••••• 39 72nd Ave, 19126For Sale · 0.6 mi awayLocation
Lat 40.05516 · Lng -75.13055