171 W Norris St Philadelphia, PA 19122
Norris Square NeighborhoodEstimated payment $2,702/month
Highlights
- No HOA
- Hot Water Heating System
- 2-minute walk to Norris Square Park
About This Home
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.
Listing Agent
(215) 805-7711 abe@abethomsongroup.com RE/MAX Ready License #RS337723 Listed on: 11/19/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $7,130
Year Built
- Built in 1920
Lot Details
- 1,760 Sq Ft Lot
- Lot Dimensions are 22.00 x 80.00
Parking
- On-Street Parking
Home Design
- Masonry
Interior Spaces
- 2,527 Sq Ft Home
- Property has 3 Levels
- Unfinished Basement
Bedrooms and Bathrooms
Utilities
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Norris Square Subdivision
Listing and Financial Details
- Assessor Parcel Number 183204300
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $6,386 | $509,400 | $101,880 | $407,520 |
| 2025 | $6,386 | $509,400 | $101,880 | $407,520 |
| 2024 | $6,386 | $509,400 | $101,880 | $407,520 |
| 2023 | $6,386 | $456,200 | $91,200 | $365,000 |
| 2022 | $4,199 | $456,200 | $91,200 | $365,000 |
| 2021 | $4,199 | $0 | $0 | $0 |
| 2020 | $4,199 | $0 | $0 | $0 |
| 2019 | $4,199 | $0 | $0 | $0 |
| 2018 | $1,783 | $0 | $0 | $0 |
| 2017 | $1,783 | $0 | $0 | $0 |
| 2016 | $1,783 | $0 | $0 | $0 |
| 2015 | $1,690 | $0 | $0 | $0 |
| 2014 | -- | $127,400 | $12,496 | $114,904 |
| 2012 | -- | $6,144 | $1,536 | $4,608 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2025 11/20/25 | Price Changed | $399,900 | -7.0% | $158 / Sq Ft |
| 11/19/2025 11/19/25 | For Sale | $429,900 | -- | $170 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $300,000 | Knights Abstract | |
| Deed | $294,500 | The Abstract Co | |
| Deed | $166,900 | None Available | |
| Sheriffs Deed | $107,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $220,875 | Commercial | |
| Previous Owner | $133,520 | Commercial |
Source: Bright MLS
MLS Number: PAPH2560774
APN: 183204300
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