Market Insights  /  Eastwick
Development Watch · Eastwick

7513 Dicks AveUnder construction

19-unit residential new construction, zoned RM1.

A 19-unit residential building is under construction at 7513 Dicks Ave in Eastwick, rising three stories on a lot just shy of a quarter-acre. Dicks Estates LLC picked up the site in 2021 and was cleared to build by late September 2022, moving forward with a Type V-A wood-frame structure that will include bi-level units at positions one, two, six, and seven, with the remaining first-floor apartments meeting Type B accessibility standards. The building requires full NFPA 13 sprinklers and falls within RM1 zoning, a by-right play that allows modest multifamily on a parcel measuring roughly 9,084 square feet.

The project adds to a steady trickle of new density along this stretch of Southwest Philadelphia, where underbuilt lots have begun attracting infill multifamily. Nearby, a 45-unit building at 2604 Island Ave represents the larger end of recent activity in the immediate area, though at 19 units, the Dicks Ave development feels more typical of what RM1 parcels can accommodate without special approvals. The combination of bi-level layouts and accessibility-compliant flats suggests a product aimed at a range of household types, from young renters to mobility-conscious residents.

Eastwick's quiet residential blocks have long held scattered single-family homes and aging low-rises, but projects like this one highlight how accessible land near transit corridors can pencil for small-scale rental development. With fewer than 50 units delivered within a half-mile radius in recent years, the neighborhood remains relatively untested by the apartment glut affecting denser parts of the city. Dicks Estates LLC's bet is that Eastwick can absorb modest new supply without the pricing pressure or lease-up headaches seen closer to Center City, and the building's progress suggests confidence in that thesis.

If 7513 Dicks Ave performs, similarly sized RM1 parcels scattered throughout Eastwick could see renewed interest from small operators looking to build without rezoning battles or heavy site assembly. The area's mix of accessible land, low basis, and straightforward zoning makes it a natural testing ground for developers willing to work at a smaller scale, particularly those comfortable with wood-frame construction and the Type B unit requirements that come with ground-floor accessibility mandates.

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~3-story by-right envelope, not the developer's design.
Units
19
Zoning
RM1
By-right envelope
~3 stories
Lot
9,084 sq ft
Last sale
2021
Cleared to build
Sep 30, 2022
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 243 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.

~153buildable units
████████ Street
CMX2 · 0.47 mi away
Max bid to a builder $2.4M · Opportunity Score 95
Unlock →
~71buildable units
████████ Street
RM1 · 0.09 mi away
Max bid to a builder $1.1M · Opportunity Score 92
Unlock →
~45buildable units
████████ Street
RM1 · 0.47 mi away
Max bid to a builder $736K · Opportunity Score 86
Unlock →
~32buildable units
████████ Street
RM1 · 0.39 mi away
Max bid to a builder $387K · Opportunity Score 80
Unlock →
~46buildable units
████████ Street
CMX2 · 0.41 mi away
Max bid to a builder $726K · Opportunity Score 79
Unlock →
Unlock the 243 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.

45u2604 Island Ave0.09 mi
Progress

How this project is moving

Interior systems ~64% 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.