$179,000
UNDER CONTRACT

Estimated payment $1,215/month

Total Views 964
0.04 Acre
$4,475,000 Price per Acre
1,597 Sq Ft Lot

About This Lot

Prime Buildable Lot in Rapidly Growing Norris Square

Unlock the potential of 1955 N 2nd St—a vacant, buildable lot in one of Philly’s fastest-developing neighborhoods. With 1,440 SF of land and zoning that allows for up to four units, this property is ideal for investors, developers, or buyers looking to buy, hold land and build equity.

Development Possibilities:

Mixed-use with commercial required on the first floor (buyer to verify with architect)

Multi-family opportunity—build 4 units for long-term rental or resale

CMX2/RM1 zoning offers flexibility for creative design and use

Location Highlights:

Just steps from the vibrant Frankford Ave corridor and the Fishtown/Norris Square border

Surrounded by new construction, trendy restaurants, cafes, breweries, and public transit

Minutes to Temple University, Northern Liberties, and Center City

Buyer and buyer’s agent are solely responsible for verifying all information including zoning, allowable use, lot dimensions, and development potential with the City of Philadelphia and a licensed architect. Seller or seller’s broker makes no representations.

This is a chance to get in early and capitalize on the continued growth of North Philly’s most dynamic neighborhoods. Bring your vision and start building.

Listing Agent

Jamie Quinn

(215) 478-7218 jamiequinncbp@gmail.com Keller Williams Main Line License #RS326137 Listed on: 07/21/2025

Keller Williams Main Line

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,227

Lot Details

  • 1,597 Sq Ft Lot
  • Lot Dimensions are 20.00 x 81.00
  • Property is zoned CMX2

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 874552800

Property Details

Property Type

Land

Est. Annual Taxes

$3,227

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Automatically Close On Close Date: No
  • Remarks Public: Prime Buildable Lot in Rapidly Growing Norris Square Unlock the potential of 1955 N 2nd St—a vacant, buildable lot in one of Philly’s fastest-developing neighborhoods. With 1,440 SF of land and zoning that allows for up to four units, this property is ideal for investors, developers, or buyers looking to buy, hold land and build equity. Development Possibilities: Mixed-use with commercial required on the first floor (buyer to verify with architect) Multi-family opportunity—build 4 units for long-term rental or resale CMX2/RM1 zoning offers flexibility for creative design and use Location Highlights: Just steps from the vibrant Frankford Ave corridor and the Fishtown/Norris Square border Surrounded by new construction, trendy restaurants, cafes, breweries, and public transit Minutes to Temple University, Northern Liberties, and Center City Buyer and buyer’s agent are solely responsible for verifying all information including zoning, allowable use, lot dimensions, and development potential with the City of Philadelphia and a licensed architect. Seller or seller’s broker makes no representations. This is a chance to get in early and capitalize on the continued growth of North Philly’s most dynamic neighborhoods. Bring your vision and start building.
  • Special Features: UnderContract

Interior Features

  • Price Per Sq Ft: 112.09
  • Street Number Modifier: 1955

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: SB
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.00 x 81.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1597.00
  • Year Assessed: 2025
  • Zoning: CMX2
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1807.00
  • Tax Annual Amount: 3227.00
  • Assessor Parcel Number: 874552800
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $1,775 $230,580 $230,580 --
2024 $1,775 $230,580 $230,580 --
2023 $1,775 $126,800 $126,800 $0
2022 $1,775 $126,800 $126,800 $0
2021 $1,831 $0 $0 $0
2020 $1,831 $0 $0 $0
2019 $1,831 $0 $0 $0
2018 $435 $0 $0 $0
2017 $435 $0 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $179,000 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Bright MLS

MLS Number: PAPH2518666

Bright MLS

APN: 874552800