Market Insights  /  University City & Powelton
Development Watch · University City & Powelton

4139 Westminster AveUnder construction

4-unit residential new construction, zoned RM1.

A 4-unit residential building is set to rise at 4139 Westminster Ave in University City & Powelton, the kind of by-right infill quietly reshaping the block. It was cleared to build in Jun 25, 2025.

The 1,710 sq ft site is zoned RM1, which supports a building on the order of 3 stories by right. Records show the parcel last traded in 2024 for $80K. The plans call for for the erection of an attached structure with a roof deck and pilot house. structure for use as four (4) dwelling units. sprinklered through per nfpa 13. separate permits required for plumbing, mechanical, electrical and fire suppression. a covered walkway or sidewalk closure shall be required in accordance with section 3306 of the ibc. **underpinning to be monitored by a pa licensed pe at all times** **amendment 3/5/2026 to raise the height of structure, and eliminate the scope of work for underpinning.**.

The owner of record is Ycy314 LLC. The project's plan drawings are on file — worth a look for anyone underwriting the surrounding block.

It isn't rising in isolation. Within a half-mile, 12 other major projects have broken ground since 2022 — roughly 160 units of new supply — including the 10-unit project at 4129 Ogden St, the 9-unit project at 871 N Preston St, the 9-unit project at 871 N Preston St. That kind of concentration is exactly what pulls land values, and buyer attention, toward a block.

We'll update this page as the project progresses — leasing, retail tenants, renderings, and construction milestones as they surface. The relevant question for investors and agents: what are the surrounding parcels worth to a builder now that this is coming?

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~3-story by-right envelope, not the developer's design.
Units
4
Zoning
RM1
By-right envelope
~3 stories
Lot
1,710 sq ft
Last sale
$80K · 2024
Cleared to build
Jun 25, 2025
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 112 under-built parcels within a half-mile that a developer could still acquire and build — each carrying a builder's max bid. Addresses and figures are members-only.

~106buildable units
████████ Street
RM1 · 0.45 mi away
Max bid to a builder $1.4M · Opportunity Score 95
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~61buildable units
████████ Street
RM1 · 0.43 mi away
Max bid to a builder $1.1M · Opportunity Score 90
Unlock →
~79buildable units
████████ Street
CMX2 · 0.46 mi away
Max bid to a builder $1.2M · Opportunity Score 89
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~38buildable units
████████ Street
RM1 · 0.49 mi away
Max bid to a builder $600K · Opportunity Score 83
Unlock →
~47buildable units
████████ Street
CMX2 · 0.33 mi away
Max bid to a builder $689K · Opportunity Score 80
Unlock →
Unlock the 112 nearby opportunities →
The block

What else is rising nearby

Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.

10u4129 Ogden St0.08 mi
9u871 N Preston St0.15 mi
9u871 N Preston St0.15 mi
9u865 N 40th St0.22 mi
10u893 Belmont Ave0.22 mi
31u4324 Lancaster Ave0.26 mi
9u4408 Lancaster Ave0.27 mi
8u1203 N 41st St0.28 mi
Progress

How this project is moving

Life-safety systems ~78% complete
Estimated from the construction permit sequence — an approximation of stage, not a precise schedule.
Every logged milestone appears here — highlighted ones are the headline stages; the rest track interim construction activity. Checked daily.
Compiled by InvestPHL. Unit counts, scope, and ownership are as recorded and subject to revision; the massing figure is a schematic illustration of the by-right envelope, not the developer's design or a marketing rendering. Verify zoning, status, and title with counsel before acting. InvestPHL does not list, market, or represent any property, buyer, or seller.