Market Insights  /  Fairhill
Development Watch · Fairhill

2316 N 10th StUnder construction

5-unit residential new construction, zoned CMX2.

A 5-unit residential building is set to rise at 2316 N 10th St in Fairhill, the kind of by-right infill quietly reshaping the block. It was cleared to build in Dec 31, 2021.

The 1,552 sq ft site is zoned CMX2, which supports a building on the order of 4 stories by right. Records show the parcel last traded in 2025 for $45K. The plans call for for the construction of a four-story structure with basement; for use as five-family dwelling, as per approved plans. **amendment (2-4-2026) for revisions to exterior sheathing, interior layout of cellar and first floor as per the approved amended construction documents (see revision clouds for all changes). **amendment (2-26-2026) - fire correction - no changes to the construction documents.

The owner of record is 2316 10th St 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, 11 other major projects have broken ground since 2022 — roughly 157 units of new supply — including the 13-unit project at 2326-28 N 9th St, the 19-unit project at 1108 W Dauphin 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 ~4-story by-right envelope, not the developer's design.
Units
5
Zoning
CMX2
By-right envelope
~4 stories
Lot
1,552 sq ft
Last sale
$45K · 2025
Cleared to build
Dec 31, 2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 175 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.

~191buildable units
████████ Street
CMX2.5 · 0.36 mi away
Max bid to a builder $3.8M · Opportunity Score 96
Unlock →
~149buildable units
████████ Street
CMX3 · 0.38 mi away
Max bid to a builder $2.3M · Opportunity Score 95
Unlock →
~92buildable units
████████ Street
CMX2.5 · 0.37 mi away
Max bid to a builder $1.5M · Opportunity Score 91
Unlock →
~79buildable units
████████ Street
CMX2.5 · 0.33 mi away
Max bid to a builder $1.1M · Opportunity Score 89
Unlock →
~78buildable units
████████ Street
CMX2 · 0.37 mi away
Max bid to a builder $1.2M · Opportunity Score 89
Unlock →
Unlock the 175 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.

13u2326-28 N 9th St0.09 mi
19u1108 W Dauphin St0.11 mi
9u914-18 W Susquehanna Ave0.17 mi
35u2132-38 N 10th St0.18 mi
9u2300-10 Germantown Ave0.20 mi
9u2300-10 Germantown Ave0.20 mi
16u715 W Cumberland St0.27 mi
17u2213-15 N Broad St0.35 mi
Progress

How this project is moving

Life-safety systems ~78% 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.