Market Insights  /  Nicetown & Tioga
Development Watch · Nicetown & Tioga

3517 N 23rd StUnder construction

6-unit residential new construction, zoned RSA3.

A 6-unit residential building is set to rise at 3517 N 23rd St in Nicetown & Tioga, the kind of by-right infill quietly reshaping the block. It was cleared to build in Aug 21, 2026.

The 2,500 sq ft site is zoned RSA3, which supports a building on the order of 3 stories by right. Records show the parcel last traded in 2021 for $26K. The plans call for for new construction of a three-story wood-frame attached structure on reinforced concrete footings/foundations . for use as a multi-family household living for six (6) dwelling units throughout. building shall be fully sprinklered per nfpa 13. separate permits required for all mechanical, electrical, plumbing, and fire suppression systems. ** excavation work to be included as part of the review** *protection of right-of-way / pedestrians / adjacent properties required during all construction.*energy code compliance in accordance with 2018 iecc.

The owner of record is Wise Holding Group LLC. The project's plan drawings are on file — worth a look for anyone underwriting the surrounding block.

It isn't rising in isolation. Within a half-mile, 3 other major projects have broken ground since 2022 — roughly 31 units of new supply — including the 9-unit project at 3513 N 23rd St, the 12-unit project at 2209 W Venango St, the 10-unit project at 1903 W Erie Ave. That kind of concentration is exactly what pulls land values, and buyer attention, toward a block.

We'll update this page as the project progresses — leasing, retail tenants, renderings, and construction milestones as they surface. The relevant question for investors and agents: what are the surrounding parcels worth to a builder now that this is coming?

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~3-story by-right envelope, not the developer's design.
Units
6
Zoning
RSA3
By-right envelope
~3 stories
Lot
2,500 sq ft
Last sale
$26K · 2021
Cleared to build
Aug 21, 2026
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 52 under-built parcels within a half-mile that a developer could still acquire and build — each carrying a builder's max bid. Addresses and figures are members-only.

~201buildable units
████████ Street
CMX3 · 0.32 mi away
Max bid to a builder $3.0M · Opportunity Score 96
Unlock →
~200buildable units
████████ Street
CMX3 · 0.46 mi away
Max bid to a builder $3.2M · Opportunity Score 96
Unlock →
~194buildable units
████████ Street
CMX3 · 0.38 mi away
Max bid to a builder $3.2M · Opportunity Score 96
Unlock →
~192buildable units
████████ Street
CMX2 · 0.46 mi away
Max bid to a builder $3.2M · Opportunity Score 96
Unlock →
~177buildable units
████████ Street
ICMX · 0.15 mi away
Max bid to a builder $2.9M · Opportunity Score 94
Unlock →
Unlock the 52 nearby opportunities →
The block

What else is rising nearby

Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.

9u3513 N 23rd St0.02 mi
12u2209 W Venango St0.08 mi
10u1903 W Erie Ave0.38 mi
Progress

How this project is moving

Interior systems ~62% complete
Estimated from the construction permit sequence — an approximation of stage, not a precise schedule.
Every logged milestone appears here — highlighted ones are the headline stages; the rest track interim construction activity. Checked daily.
Compiled by InvestPHL. Unit counts, scope, and ownership are as recorded and subject to revision; the massing figure is a schematic illustration of the by-right envelope, not the developer's design or a marketing rendering. Verify zoning, status, and title with counsel before acting. InvestPHL does not list, market, or represent any property, buyer, or seller.