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$829,900
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Property Description
Prime Investment Opportunity - Building & Business Included! Welcome to 2400 E Norris Street - a rare opportunity to own both the real estate and a well-established, family-owned laundromat that has proudly served the community for over 30 years. Situated on a highly visible corner commercial location, this property benefits from steady foot traffic, strong street presence, and excellent accessibility. This turnkey operation offers immediate income potential while also presenting tremendous upside for a new owner looking to modernize, expand services, or maximize revenue. The corner positioning provides outstanding exposure, making it an ideal long-term investment in a growing area. Whether you're an investor seeking stable cash flow or an owner-operator looking to step into a proven business, this property delivers both security and opportunity. Don't miss your chance to acquire a long-standing business with real estate included in a prime location.
Full Property Details
Full Property Details for 2400 E Norris St
General
- Price: $829,900
- Taxes: $251 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PAPH2588802
- Updated: 3/9/2026
- Added to Site: 47 day(s) ago
Business
- Business Type: Other
Parking
- Parking Type: On Street
Location
- Area: 19125 (19125)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Use GPS
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: None
- Water Heater: Multi-tank
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Building Size: 1277
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,277
- Lot Size Source: Assessor
- Lot Dimensions: 14.00 x 87.00
- Zoning: CMX1
Financial Considerations
- Price Per Sq. Ft.: $649.88
- Assessment Year: 2025
- School Tax: $141
- City/TownTax: $110
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $18,000
- Tax Amount: $251
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 4
Listed by KW Empower, Yun Jessica Li
Get Pre-Approved Today
Schools
Schools serving 2400 E Norris St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Adaire Alexander School 1300 East Palmer Street, Philadelphia, PA 19125 | K-8 | 0.3 mi |
Penn Treaty Middle School 600 East Thompson Street, Philadelphia, PA 19125 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2400 E Norris St
Date
Details
Price
Change
Source
3/03/2026
Listed
$829,900
2271.14%
MLS
9/07/2004
Sold
$35,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2400 E Norris St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$252
—
$18,000
—
2024
$252
-83%
$18,000
100%
2021
$1,496
-9%
-100%
2023
$1,635
9%
$116,800
9%
2020
$1,496
—
$106,900
—
2019
$1,496
—
$106,900
—
2018
$1,491
11%
$106,500
11%
2017
$1,340
—
$95,700
—
2016
$1,340
5%
$95,700
—
2015
$1,282
—
$95,700
—
2014
$1,282
29%
$95,700
843%
2013
$991
—
$10,144
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2400 E Norris St
2400 E Norris Street, Philadelphia, PA 19125 (MLS# PAPH2588802) is a Commercial Service property. 2400 E Norris Street is currently listed for $829,900 and was received on March 03, 2026. Want to learn more about 2400 E Norris Street? Do you have questions about finding other Commercial Service real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

