1206 Wallace Street Philadelphia, PA ^$ 200,000

1206 Wallace Street

^$ 200,000

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1206 Wallace Street

Philadelphia, PA, 19123

^$ 200,000

Studio Baths0.0

Monthly Estimate*

^$ 1,248

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Studio

Lots and Land for sale in Philadelphia, PA

for $200,000. The lot size is 0.03.

Discover an opportunity to own a slice of urban paradise in Spring Arts located close to downtown Philadelphia. Nestled in a dynamic neighborhood, this property is a canvas for your architectural vision. The urban location provides easy access to a plethora of high-end amenities, including gourmet dining, boutique shopping, and cultural experiences that define an exclusive lifestyle. This vacant parcel offers a 17' front and a depth of 76' rarely offered for development in this area. The Spring Arts community is a sought after destination for discerning buyers looking to invest in the future of urban living. The potential is there to create a home with stunning views but also a lifestyle of unparalleled convenience and sophistication. The city awaits your vision-make it a reality in Spring Arts.

Lots and Land Pending

Price

^$ 200,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 3,989

Style

Vacant

Lot Size

0.03

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2547528

Features

General

Sewer Public Sewer

Possession Settlement

Zoning RSA5

School District THE SCHOOL DISTRICT OF PHILADELPHIA

View City

Property Subtype Land

Tax Year 2025

Current Use Vacant

Ownership Fee Simple

Municipality PHILADELPHIA

County PHILADELPHIA

Property Type Land

HOA N

Subdivision Name SPRING ARTS

Possible Use Development Residential

Water Access Y/N N

Status PENDING

Directions From Broad St. travel east on Wallace St. to the 1200 block. Property on right hand side.

City PHILADELPHIA

MLS Area 19123 (19123)

Lot Size Units Square Feet

Lot Size Square Feet 1307.00

Tax Annual Amount 3989.0

Price Per Sq Ft Total AG 153.02

Acceptable Financing Cash Conventional

Additional Parcels Y/N N

Vacation Rental Y/N N

Location Type Urban

Standard Status Pending

Tax Lot 94

Exterior

Fencing Chain Link

Water Source Public

Water View Y/N N

Lot Dimensions 17' X 76'

Lot Size Acres 0.03

Lot Size Source Estimated

Waterfront Y/N N

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 1206

* Excluded Features

List By

House2home Real Estate

Broker

lydiatjohns@gmail.com

Affordability Calculator

$1,580

Per Month

Monthly Principal & Interest: $1,248
Monthly Property Taxes: $332
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Philadelphia, PA

Average List Price ^$140,399

Percent of Sale Price 30%

About Philadelphia, PA

1,588,239 Population

5% Since 2002

^$42,223 Median Income

36 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3533249 Elementary School

3533189 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/30/2025	$200,000	-20.00%	Price Down
10/13/2025	$250,000		Listed Price

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1206 Wallace Street, Philadelphia, PA, 19123 is a Lots and Land for sale at $200,000 with a lot size of 0.03. 1206 Wallace Street is a studio with 0.0 baths. The property's zip code is 19123 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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1206 Wallace Street

Lots and Land for sale in Philadelphia, PA

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