Property

Philadelphia, PA 19122 171 W Norris Street

Pending
171 W Norris Street Philadelphia, PA - Image 1171 W Norris Street Philadelphia, PA - Image 2171 W Norris Street Philadelphia, PA - Image 3
6 more
171 W Norris Street Philadelphia, PA - Image 4171 W Norris Street Philadelphia, PA - Image 5171 W Norris Street Philadelphia, PA - Image 6171 W Norris Street Philadelphia, PA - Image 7171 W Norris Street Philadelphia, PA - Image 8171 W Norris Street Philadelphia, PA - Image 9171 W Norris Street Philadelphia, PA - Image 10
Presented By: RE/MAX Ready
  • MLS# PAPH2560776
  • 11/19/2025
  • Request Tour
  • Request Info
  • Beds • 5

Home Details

Dont miss this rare chance to own a four-unit apartment building in the rapidly growing Norris Square neighborhood of Philadelphia. This property is perfectly positioned just one block from Norris Square Park and within walking distance of Fishtowns renowned restaurants, cafes, and nightlife. With easy access to public transportation, tenants will enjoy seamless commutes and connectivity to Center City and beyond. The neighborhoods continued development makes this a strong long-term investment with significant upside potential. Whether youre an experienced investor looking to expand your portfolio or a first-time buyer seeking reliable rental income, this property offers both immediate cash flow and future appreciation in one of the citys most vibrant and up-and-coming areas. Rental Income: 1st floor 2 bedroom - $1450 mth. 2nd floor front studio - $975 mth. 2nd floor rear studio - $950 mth. 3rd floor studio - $925 mth. All utilities paid by tenants except for water. Water bill - averages $133 month/$1596 yr. Common area - about $37 month/$444 yr. Landlord is paying $3700 a year in building insurance. Taxes are $6385 a year.
Presented By: RE/MAX Ready

Interior Features for 171 W Norris Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
BasementUnfinished
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 171 W Norris Street

AccessibilityNone
Architectural StyleOther
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsNorris
Garage Y/NNo
HeatingHot Water
Living Area2527
Lot Size Square Feet1760.00
Lot Size UnitsSquare Feet
MLS Area19122 (19122)
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total4
One Bedroom Units Count3
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG158.25
Property SubtypeQuadruplex
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusPending
StatusPENDING
Structure TypeInterior Row/Townhouse
Tax Annual Amount7130.0
Tax Assessed Value509400.0
Tax Year2025
Total SQFT2527
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1920
Year Built SourceEstimated
ZoningRM1

Exterior for 171 W Norris Street

Foundation DetailsOther
Lot Dimensions22.00 x 80.00
Lot Size Acres0.04
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Brian Lee

Associate
Price $399,900
MLS#PAPH2560776
List Date 11/19/2025
Property Type Pending
Request Tour
Request Info
Visit My Website

Similar Properties to 171 W Norris Street

Get Pre-approved