1918 E SOMERSET STREET, PHILADELPHIA, PA 19134
PHILADELPHIA County
Key Facts
Description
Prime Development Opportunity in East Kensington, 1918 E Somerset St, Philadelphia, PA This is a strong opportunity to build in a rapidly evolving pocket of East Kensington, just minutes from some of Philadelphia’s most active and desirable neighborhoods. 1918 E Somerset St is surrounded by ongoing development, new construction, and long-term investment, making it an ideal location for a residential or mixed-use project depending on zoning and design. The area continues to attract buyers and renters thanks to its proximity to lifestyle amenities, dining, and easy access to major corridors. You are close to some of the most visited and well-known local spots that drive demand and neighborhood appeal. Fishtown, one of the city’s most popular neighborhoods for dining, nightlife, and culture Philadelphia Brewing Company, a local staple and community gathering spot Frankford Avenue, packed with restaurants, cafés, boutiques, and constant foot traffic Cedar Street Playground, nearby green space adding everyday livability for future residents Convenient access to I-95, public transportation, and Center City makes this location attractive for commuters while still offering a neighborhood feel. With continued growth pushing outward from Fishtown and Kensington, this lot is well positioned for a forward-thinking development. Drive by, review zoning possibilities, and bring your vision to turn this into a smart, shovel-ready project in one of Philadelphia’s steadily rising areas.
Property Information
Property Type
Land
Lot Size
0.02 acres
Lot Dimensions
14.00 x 54.00
Zoning
RSA5
Days on Market
175
MLS® Listing#
PAPH2571556
Property Features
Sewer
Water Source
Schools
- District:
- PHILADELPHIA CITY
Financial Details
HOA
None
Annual Taxes
$832
Tax year 2025
Assessed Value
$59,500
Parcel Number
252016500
Directions
GPS
Affordability Calculator
$3,180
Estimated monthly payment
$85/mo
Principal $12,720 · Est. interest $17,746 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in PHILADELPHIA, PA
- $302,941
- Median Listing Price
- 74
- Median Days on Market
- 1,330
- Median Sq Ft
- $201
- Median Price / Sq Ft
- 5,845
- Active Listings
- This home’s price is 95% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in PHILADELPHIA, PA.
Location
Points of Interest in PHILADELPHIA, PA
Showing the PHILADELPHIA area map.
Nearby Schools
Visitation BVM School
School · 0.3 mi away
Frances E. Willard School
Elementary · 0.4 mi away
Brown Henry A School
Elementary · 0.4 mi away
Sankofa Freedom Academy Charter School
School · 0.4 mi away
Kensington Urban Education Academy
School · 0.5 mi away
Kensington High School
Secondary · 0.5 mi away
Conwell Middle Magnet School
Secondary · 0.5 mi away
Lewis Elkin Elementary
Elementary · 0.5 mi away
Kensington Culinary High School
Secondary · 0.5 mi away
Kensington Health Sciences Academy
Secondary · 0.5 mi away
Memphis Street Academy Charter School
School · 0.5 mi away
St Anne's School
School · 0.5 mi away
Isaac Sheppard Elementary School
Elementary · 0.6 mi away
Hunter Hawks
Elementary · 0.6 mi away
Hunter Elementary School
Elementary · 0.6 mi away
John B. Stetson Charter School
Elementary · 0.7 mi away
Hackett School
Elementary · 0.7 mi away
Ascension of Our Lord School
School · 0.7 mi away
Richmond Elementary School
Elementary · 0.7 mi away
Gloria Casarez Elementary School
Elementary · 0.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2814 E ALLEGHENY AVENUE 18, PHILADELPHIA, PA | $11,192/mo | — | — | — |
| 2814 E ALLEGHENY AVENUE 18, PHILADELPHIA, PA | $11,192/mo | — | — | — |
| 210 S 12TH STREET PH2C, PHILADELPHIA, PA | $11,200/mo | 3 | 3 | 1,652 |
| 417 SOUTH STREET 21, PHILADELPHIA, PA | $11,250/mo | — | — | — |
| 6503 HAVERFORD AVENUE, PHILADELPHIA, PA | $11,407/mo | — | — | — |
| 3620 N CAMAC, PHILADELPHIA, PA | $11,500 | — | — | — |
Moving Cost Estimate
EXIT Agents in PHILADELPHIA
Listing Courtesy: Century 21 Advantage Gold-Southampton - 2153227050