Market Insights  /  Fairhill
Development Watch · Fairhill

715 W Cumberland StDelivered

16-unit residential new construction, zoned CMX2.

A three-story, 16-unit multifamily building has been delivered at 715 W Cumberland Street in Fairhill, filling out a compact 2,065-square-foot lot with a full-height structure topped by a roof deck accessed via a penthouse. The building is fully sprinklered and includes five Class 1A bicycle spaces along an accessible route, a modest but meaningful nod to alternative transit in a neighborhood that doesn't always see those details baked in. The project came in just under 38 feet, threading the needle on CMX2 zoning, which allows residential development by right in this largely residential corridor.

Thedoor LLC is the owner of record, having acquired the site in 2025 — though the building was cleared to build back in September 2023, suggesting either a long hold or a mid-construction ownership shift. The scope evolved along the way, with amendments swapping the architect and adjusting the construction type, eliminating a standpipe, and tweaking floor assemblies and elevations. A June 2026 amendment documented the addition of roof deck downspouts and a change in ownership, formalizing what appears to have been a handoff during or after construction.

The project arrives amid a modest but steady wave of infill in the area, with more than 160 units delivered or cleared to build within half a mile. Nearby efforts include a 64-unit building at 300 W Huntingdon, a 13-unit project at 2326-28 N 9th, and several nine-unit builds along Germantown Avenue and Susquehanna. While none of these developments are outsized, the cumulative effect is clear: developers are betting on Fairhill's small-lot fabric, stitching together rental product where land is cheap and zoning is permissive.

715 W Cumberland shows what's possible on a narrow lot in a CMX2 zone — 16 units, mid-rise scale, and a roof deck for good measure. The surrounding blocks are peppered with similar parcels, many still holding older rowhouses or vacant structures, and if this cycle holds, more of them will find their way into new rental product. The fundamentals are simple: by-right zoning, manageable acquisition costs, and a steady pipeline of small-scale LLCs willing to build.

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~3-story by-right envelope, not the developer's design.
Units
16
Zoning
CMX2
By-right envelope
~3 stories
Lot
2,065 sq ft
Last sale
$440K · 2025
Cleared to build
Sep 22, 2023
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 170 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.

~225buildable units
████████ Street
CMX2 · 0.44 mi away
Max bid to a builder $3.7M · Opportunity Score 97
Unlock →
~299buildable units
████████ Street
ICMX · 0.47 mi away
Max bid to a builder $4.7M · Opportunity Score 97
Unlock →
~298buildable units
████████ Street
ICMX · 0.49 mi away
Max bid to a builder $5.1M · Opportunity Score 97
Unlock →
~243buildable units
████████ Street
ICMX · 0.40 mi away
Max bid to a builder $4.1M · Opportunity Score 96
Unlock →
~178buildable units
████████ Street
CMX2 · 0.49 mi away
Max bid to a builder $3.0M · Opportunity Score 96
Unlock →
Unlock the 170 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 St0.20 mi
9u2300-10 Germantown Ave0.21 mi
9u2300-10 Germantown Ave0.21 mi
9u914-18 W Susquehanna Ave0.37 mi
64u300 W Huntingdon St0.37 mi
19u1108 W Dauphin St0.37 mi
35u2132-38 N 10th St0.42 mi
8u2059 Germantown Ave0.47 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.