632 South 56th Street

Listed By Compass
Listed By Compass
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Active
$70,000
Est: $421/moGet pre-approved
1,406 Lot Size0.03 Acres

632 S 56th St, Philadelphia, PA 19143

LandProperty Type
0.03 acresLot Size
3% CompensationBuyer's Agent

Description

A perfect investment opportunity to build and develop on a commercial, residential mixed use, CMX2 zoned corner lot on 56th and Walton, in the up and coming Cobb’s Creek Neighborhood. This lot is just west of Walnut Hill/Cedar Park neighborhoods and a short walk from Blanche A. Nixon/Cobbs Creek Library, where the City's Rebuild Program has begun a $6.5 million investment into its park, recreation center, library, new amphitheater, new walking paths and a new play area. A few blocks from Boys Latin...A perfect investment opportunity to build and develop on a commercial, residential mixed use, CMX2 zoned corner lot on 56th and Walton, in the up and coming Cobb’s Creek Neighborhood. This lot is just west of Walnut Hill/Cedar Park neighborhoods and a short walk from Blanche A. Nixon/Cobbs Creek Library, where the City's Rebuild Program has begun a $6.5 million investment into its park, recreation center, library, new amphitheater, new walking paths and a new play area. A few blocks from Boys Latin Philadelphia Charter School, PHS Christy Pool and Recreation Center and PHMC Public Health Campus on Cedar. Close to great restaurants like Buna Café Philly, Vietnam Cafe, Booker’s Restaurant & Bar and Cleo's Bagels. A three minute drive to the Cobbs Creek Shopping Center, Malcolm X Memorial Park, 5 minute drive to Bartram’s Gardens. The commute is made easy with a one block walk to the 57th St. Bus Stop, 5 blocks to Baltimore Ave.’s Light Rail Station, 15 minute drive to 30th St. Station, University of Pennsylvania and less than 20 minute drive to Center City’s museums, renowned restaurants and Philadelphia International Airport. Build your investment property here! Lot size 19x74, zoned CMX2.
Listing Agent
  1. Jennifer Borish

    Jennifer Borish

    Listing Agent

    Compass

    P: (215) 275-3246

    CallText
479 days on Market
Last updated: 04/28/2026 04:28 PM • Source: BRIGHT, MLS#: PAPH2469204

Location

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$421 per month

30 year fixed, 7.03% Interest

Principal and Interest

$374

Property Taxes

$47

HOA Dues

$0

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Property Information for 632 South 56th Street

Property Details

  • Taxes: $566 / year
  • MLS Type: Land / Fee Simple
  • County: Philadelphia County
  • Buyer's Agent Compensation: 3%
  • Tax ID Number: 463220900
  • Ownership: Fee Simple
  • Condo Coop Association: No
  • HOA: No
  • Structure Type: Other
  • Waterfront: No
  • Garage: No
  • Subdivision: COBBS CREEK
  • Subdivision: COBBS CREEK (PHILADELPHIA PA)
  • Municipality: PHILADELPHIA
  • Central Air: No
  • Construction Completed: No

Building Information

  • Lot Size: 0.03 AC

Location

Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19143 (19143)

Waterfront / Water Access

Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No

Association / Community Info

Association / Community Info
  • Senior Community: No
  • Association Recreation Fee Y/N: No
  • Type of Condo

Taxes and Assessment

Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $40,400
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $0
  • City Town Tax: $248
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: CMX2
  • Zoning Dscrp: Mixed Use- Commercial, Apartments, Single Family
  • Tax Lot: 139
  • School Tax: $316
  • Automatically Update Tax Values Y/N: Yes

Lease Information

Lease Information
  • Lease In Effect: No

Building Info

Building Info
  • # Bathrooms Half: 0
  • Possible Use: Apartments, Commercial, Development

Lot / Land Information

Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 19.00 x 74.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Cleared, Corner
  • Current Use: Land/Lot Only
  • Parcel ID: 1219285
  • Additional Parcels: No
  • Ground Rent Exists: No

Exterior Features

Exterior Features
  • Horse: No

Utilities

Utilities
  • Water Source: None
  • Sewer Septic: No Sewer System

Property History for 632 South 56th Street

DateEvent & SourcePriceAppreciation
Apr 7, 2026

Price Change

BRIGHT #PAPH2469204

$70,000—
Jun 17, 2025

Listed (Active)

BRIGHT #PAPH2469204

$85,000—
Oct 1, 2012

Withdrawn

BRIGHT #1000850571

$17,500—
DateEvent & SourcePrice
04/07/2026

Price Change

BRIGHT #PAPH2469204

$70,000
06/17/2025

Listed (Active)

BRIGHT #PAPH2469204

$85,000
10/01/2012

Withdrawn

BRIGHT #1000850571

$17,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

632 South 56th Street

Lot Size

1,406 SqFt

Style

Commercial

Zoning

CMX2

County

PHILADELPHIA

APN

46-3220900

Schools near 632 South 56th Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Middle Years Alternative School
Public - 5 to 8
Sayre William L Middle School
Public - 9 to 12
Motivation High School
Public - 9 to 12
The Workshop School
Public - 9 to 12
Rating
School
Distance
Middle Years Alternative School
Public5 to 8

Sayre William L Middle School
Public9 to 12

Motivation High School
Public9 to 12

The Workshop School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 632 South 56th Street, Philadelphia, PA 19143

632 South 56th Street is a 0.03 ac of land for sale in Philadelphia, PA 19143. This property was listed for sale on June 17, 2025 by Compass, it's currently listed at $70,000. This listing's school district is The School District of Philadelphia. Nearby schools include Middle Years Alternative School, Sayre William L Middle School and Motivation High School. 632 South 56th Street is a 0-bed, 0-bath 0.03 ac of land on a 1,406 sq. ft. / 0.03 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.