5556 Devon St, Philadelphia, PA 19138

Property Description

Vacant RM-1 development site with 54' of frontage, minutes from La Salle University. Zoning supports 10 units by right, with a path to 15 through available density bonuses. Clean, level ground — no demolition, no relocation, no existing structure to design around. The surrounding blocks are actively building: roughly two dozen projects totaling 200+ units at every stage of the pipeline — zoning approvals in hand, building permits issued, and several already under construction. Scale tracks frontage here, ranging from 3-5 unit infill up to 9 units on wider lots like this one, with 43 units approved at 912-22 Locust Ave and 20 units under construction at 921-23 E Chelten Ave. Strong rental fundamentals from university-adjacent demand, with the Chelten Avenue transit corridor minutes away. Geotech is complete.