Market Insights  /  Roxborough
Development Watch · Roxborough

4550 Mitchell StDelivered

38-unit residential new construction, zoned CMX2.

A five-story, 38-unit residential building with ground-floor commercial space has been completed at 4550 Mitchell Street in Roxborough. The structure includes a cellar, an accessory roof deck, 16 bicycle parking spaces, and a vacant street-level retail bay that must occupy the full ground-floor frontage with a minimum depth of 30 feet. The commercial tenant will need to select from CMX-2 uses that don't trigger off-street parking requirements, a constraint that narrows the field but still leaves room for neighborhood retail or service tenants.

4550 Mitchell Partners LLC acquired the 10,842-square-foot site in 2022 and was cleared to build that same year. The CMX-2 zoning allowed the project to proceed by right, making it one of the larger infill plays in a neighborhood that has historically leaned toward rowhouse typologies. The presence of horizontal exits above the first floor and a full sprinkler system reflect the scale and complexity of a building that pushes well beyond typical Roxborough multifamily construction.

The project lands in the middle of a modest but measurable Roxborough development wave. Nearby efforts include a 94-unit building at 6174 Ridge Avenue, a 27-unit project at 203 Leverington Avenue, and a smaller 10-unit building at 472-74 Roxborough Avenue—together accounting for 131 units within a half-mile radius. Mitchell Street's 38 units add meaningful density to that count, and the finished building demonstrates that mid-rise, mixed-use projects can pencil in this corner of the city without zoning relief.

The successful delivery here may encourage other owners of underused commercial parcels along Mitchell and adjacent corridors to consider similar plays, particularly where CMX-2 zoning is already in place. The requirement for street-activated commercial frontage keeps the streetscape engaged, even as the upper floors multiply residential density. For a neighborhood that has mostly seen scattered infill, this kind of consolidated multifamily product represents a noticeable shift in scale and ambition.

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~5-story by-right envelope, not the developer's design.
Units
38
Zoning
CMX2
By-right envelope
~5 stories
Lot
10,842 sq ft
Last sale
$1.2M · 2022
Cleared to build
Mar 25, 2022
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 30 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.

~275buildable units
████████ Street
CMX2 · 0.18 mi away
Max bid to a builder $4.2M · Opportunity Score 98
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~111buildable units
████████ Street
RM1 · 0.44 mi away
Max bid to a builder $1.9M · Opportunity Score 95
Unlock →
~123buildable units
████████ Street
IRMX · 0.11 mi away
Max bid to a builder $2.1M · Opportunity Score 94
Unlock →
~96buildable units
████████ Street
CMX2.5 · 0.47 mi away
Max bid to a builder $1.3M · Opportunity Score 91
Unlock →
~75buildable units
████████ Street
CMX2 · 0.16 mi away
Max bid to a builder $1.2M · Opportunity Score 88
Unlock →
Unlock the 30 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.

94u6174 Ridge Ave0.11 mi
27u203 Leverington Ave0.41 mi
10u472-74 Roxborough Ave0.45 mi
Progress

How this project is moving

Cleared for occupancy ~100% 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.