9-unit residential new construction, zoned RM1.
A four-story, nine-unit building has wrapped at 1941 N Marshall Street in Fishtown, cleared to build in mid-2024 and now delivered by Prestige Design On Marshall LLC. The structure spans a 2,666-square-foot lot in RM1 zoning, rising as Type V-A construction with a full sprinkler system and two Type B accessible units. It's a tidy infill play, the kind of by-right project that fits comfortably within the neighborhood's zoning envelope without triggering variances or community backlash.
Prestige Design On Marshall picked up the site in 2024, moving quickly from acquisition to completion. The project reflects a recurring template in Fishtown—mid-rise multifamily on narrow parcels, usually investor-owned, usually marketed to renters priced out of newer stock closer to Frankford Avenue. The developer's LLC naming convention suggests this may not be a one-off, though Marshall Street itself remains a quieter residential stretch compared to the commercial corridors a few blocks west.
The building lands in the middle of a significant development wave, with roughly 466 units either delivered or in the pipeline within a half-mile radius. Nearby projects include the 89-unit building at 1832 Germantown Avenue, an 18-unit development at 439-45 W Berks Street, and the 33-unit project at 300 W Norris Street. Marshall Street itself has been slower to densify compared to those arterials, but this delivery shows that side streets are no longer off-limits for small-scale multifamily.
What this signals is straightforward: any remaining underused parcels in RM1-zoned Fishtown—particularly those within walking distance of transit and commercial amenities—are fair game for similar projects. The zoning allows it, the financing supports it, and the absorption appears strong enough to keep the pipeline moving. Expect more four-story, sub-10-unit buildings to fill in the gaps where single-family rowhouses once stood alone.
📄 View the project's plan drawings (PDF)As this density arrives, InvestPHL is tracking 126 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.
Unlock the 126 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.