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$440,000
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Property Description
Don't 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 Fishtown's renowned restaurants, cafes, and nightlife. With easy access to public transportation, tenants will enjoy seamless commutes and connectivity to Center City and beyond. The neighborhood's continued development makes this a strong long-term investment with significant upside potential. Whether you're 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 city's 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.
Full Property Details
Full Property Details for 171 W Norris St
General
- Sold For: $440,000
- Taxes: $7,130 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2560776
- Added to Site: 107 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: 19122 (19122)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Norris
School Information
- School District: Philadelphia City
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Other
- Square Feet: 2,527
- Sq. Ft. Source: Estimated
- Living Area: 2,527 Sq. Ft.
- Finished Above Grnd: 2,527 Sq. Ft.
- Year Built: 1920
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,760
- Lot Size Source: Estimated
- Lot Dimensions: 22.00 x 80.00
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $158.25
- Tax w/Assessment: $509,400
- Tax Amount: $7,130
- Tax Year: 2025
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
Listed by RE/MAX Ready, Abe Thomson
Sold by KW Empower, Mikhal Mary
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Schools
Schools serving 171 W Norris St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Moffet John School 127 West Oxford Street, Philadelphia, PA 19122 | K-5 | 0.4 mi |
Penn Treaty Middle School 600 East Thompson Street, Philadelphia, PA 19125 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 171 W Norris St
Date
Details
Price
Change
Source
1/15/2026
Sold
$440,000
10.03%
MLS
11/20/2025
Price Reduced
$399,900
-6.98%
MLS
11/19/2025
Listed
$429,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
171 W Norris Street, Philadelphia, PA 19122 (MLS# PAPH2560776) is a Townhouse property that was sold at $440,000 on January 15, 2026. Want to learn more about 171 W Norris Street? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

