171 W Norris St, PHILADELPHIA, PA

$495,000

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4

Beds

4

Baths

2,527

Square feet

0.04

Acres

About 171 W Norris St

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.

Features of 171 W Norris St

MLS® # PAPH2542358
Price $495,000
Bedrooms 4
Bathrooms 4.00
Full Baths 4
Square Footage 2,527
Acres 0.04
Year Built 1920
Type Residential
Sub-Type Interior Row/Townhouse
Style Other
Status Active

Community Information

Address 171 W Norris St
Area 19122
Subdivision NORRIS SQUARE
City PHILADELPHIA
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19122

Amenities

Is Waterfront No

Interior

Heating Hot Water
Cooling None
Has Basement Yes
Basement Unfinished
Fireplace No
# of Stories 3
Stories 3

Exterior

Foundation Other

School Information

District PHILADELPHIA CITY

Additional Information

Date Listed October 8th, 2025
Days on Market 9
Zoning RM1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Ready
Contact Info(610) 828-6300

Listing Map

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