Market Insights  /  Fishtown
Development Watch · Fishtown

2117 N 7th StCleared to build

4-unit residential new construction, zoned RM1.

A 4-unit residential building is set to rise at 2117 N 7th St in Fishtown, the kind of by-right infill quietly reshaping the block. It was cleared to build in Sep 23, 2022.

The 1,710 sq ft site is zoned RM1, which supports a building on the order of 3 stories by right. Records show the parcel last traded in 2017 for $44K. The plans call for for new construction of an attached three-story building with cellar, roof decks and roof-deck access structures for use as multi-family household living (four dwelling units). building to be fully sprinklered with nfpa 13. separate permits required for mechanical, electrical, plumbing and fire sprinkler.

The owner of record is Jacob Y Mott Trading Inc. 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, 12 other major projects have broken ground since 2022 — roughly 259 units of new supply — including the 8-unit project at 2059 Germantown Ave, the 9-unit project at 1941 N Marshall St, the 9-unit project at 914-18 W Susquehanna 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
4
Zoning
RM1
By-right envelope
~3 stories
Lot
1,710 sq ft
Last sale
$44K · 2017
Cleared to build
Sep 23, 2022
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 148 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.

~190buildable units
████████ Street
ICMX · 0.40 mi away
Max bid to a builder $4.0M · Opportunity Score 94
Unlock →
~140buildable units
████████ Street
ICMX · 0.39 mi away
Max bid to a builder $2.8M · Opportunity Score 92
Unlock →
~105buildable units
████████ Street
IRMX · 0.47 mi away
Max bid to a builder $2.2M · Opportunity Score 92
Unlock →
~127buildable units
████████ Street
ICMX · 0.45 mi away
Max bid to a builder $2.0M · Opportunity Score 91
Unlock →
~56buildable units
████████ Street
RM1 · 0.44 mi away
Max bid to a builder $1.1M · Opportunity Score 89
Unlock →
Unlock the 148 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.

8u2059 Germantown Ave0.11 mi
9u1941 N Marshall St0.18 mi
9u914-18 W Susquehanna Ave0.19 mi
9u2300-10 Germantown Ave0.20 mi
9u2300-10 Germantown Ave0.20 mi
35u2132-38 N 10th St0.24 mi
13u2326-28 N 9th St0.29 mi
18u439-45 W Berks St0.30 mi
Progress

How this project is moving

In permitting ⚠ Status unclear — no recent activity
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.