Market Insights  /  University City & Powelton
Development Watch · University City & Powelton

817 N 41st StUnder construction

6-unit residential new construction, zoned RSA5.

A 6-unit residential building is set to rise at 817 N 41st St in University City & Powelton, the kind of by-right infill quietly reshaping the block. It was cleared to build in May 11, 2026.

The 1,555 sq ft site is zoned RSA5, which supports a building on the order of 3 stories by right. Records show the parcel last traded in 2025 for $74K. The plans call for for the new construction of an attached three (3) story building (type va construction) with a basement and roof access structure (for mechanical access only) for the use of r2 occupancy- 6 dwelling units. all work to be done per approved plans. if field conditions vary contact design engineer prior to the start of any work. amendment approved as of 09/11/2026: to update statement of special inspections and d&r forms, to include special inspection categories of "underpinning" and "soils" with new si agency and dprc-si, to include underpinning along the rear portion of adjacent building- 819 n 41st st. and underpinning documents, and for impact of adjacent property document submission. excavation depth not to exceed 5 ft. below adjacent grade.

The owner of record is 817 N 41st Street 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, 12 other major projects have broken ground since 2022 — roughly 149 units of new supply — including the 12-unit project at 748 N 40th St, the 9-unit project at 871 N Preston St, the 9-unit project at 871 N Preston St. 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 ~3-story by-right envelope, not the developer's design.
Units
6
Zoning
RSA5
By-right envelope
~3 stories
Lot
1,555 sq ft
Last sale
$74K · 2025
Cleared to build
May 11, 2026
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 99 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.

~106buildable units
████████ Street
RM1 · 0.29 mi away
Max bid to a builder $1.4M · Opportunity Score 95
Unlock →
~43buildable units
████████ Street
CMX2 · 0.41 mi away
Max bid to a builder $655K · Opportunity Score 78
Unlock →
~38buildable units
████████ Street
CMX2 · 0.50 mi away
Max bid to a builder $570K · Opportunity Score 74
Unlock →
~26buildable units
████████ Street
RM1 · 0.13 mi away
Max bid to a builder $402K · Opportunity Score 74
Unlock →
~37buildable units
████████ Street
CMX2 · 0.46 mi away
Max bid to a builder $572K · Opportunity Score 74
Unlock →
Unlock the 99 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.

12u748 N 40th St0.12 mi
9u871 N Preston St0.15 mi
9u871 N Preston St0.15 mi
10u4129 Ogden St0.15 mi
9u865 N 40th St0.16 mi
9u675 N 41st St0.22 mi
10u644-46 N 40th St0.24 mi
8u657 N Preston St0.26 mi
Progress

How this project is moving

Structure ~60% 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.