1531 West Norris Street Philadelphia, PA 19121

$600,000
7
Beds
2.5
Baths
0.02
Acres
2,432
SQFT
247
$/SQFT
$600,000
7
Beds
2.5
Baths
2,432   sf
$247 / sf
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active
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Street View

Welcome to 1531 W Norris Street, a rare and versatile opportunity located in the heart of Philadelphia’s rapidly growing Temple University district. This spacious and well-maintained property offers incredible flexibility, with the option to continue using it as a large single-family home or convert it into a high-performing duplex. Most recently rented for a staggering $4,000 per month, the property has already proven its value as a strong income-producing asset. With multiple living areas and private entrances, the layout lends itself naturally to a potential duplex conversion, giving buyers the option to live in one unit while renting the other or to operate it entirely as an investment property. The home features generous living space, modern finishes, and updated systems throughout. Located just blocks from Temple University and close to public transportation, this property is perfectly positioned to attract student renters, professionals, or owner-occupants alike. Whether you're seeking strong cash flow, long-term appreciation, or a place to call home with added income potential, 1531 W Norris Street offers a unique blend of flexibility and financial upside.

Welcome to 1531 W Norris Street, a rare and versatile opportunity located in the heart of Philadelphia’s rapidly growing Temple University district. This spacious and well-maintained property offers incredible flexibility, with the option to continue using it as a large single-family home or convert it into a high-performing duplex. Most recently rented for a staggering $4,000 per month, the property has already proven its value as a strong income-producing asset. With multiple living areas and private entrances, the layout lends itself naturally to a potential duplex conversion, giving buyers the option to live in one unit while renting the other or to operate it entirely as an investment property. The home features generous living space, modern finishes, and updated systems throughout. Located just blocks from Temple University and close to public transportation, this property is perfectly positioned to attract student renters, professionals, or owner-occupants alike. Whether you're seeking strong cash flow, long-term appreciation, or a place to call home with added income potential, 1531 W Norris Street offers a unique blend of flexibility and financial upside.

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Philadelphia
  • Area
    19121
  • Tax Amount
    $5,760
  • Status
    Active
  • Listing #
    PAPH2546116
  • Built
    1915
  • Lot Size
    0.02
  • Listed on site
    238 days
  • Listing Agent Id
    121136497692

Listed by:
KW Empower

Source:
BRIGHT MLS

School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Basement

Interior Features

  • Central Air Conditioning

Style

  • Traditional

Property History

DateDays AgoEventNew Price
Nov 19, 20257 mos agoPrice decreased50,000 (8%)$600,000
Oct 8, 20258 mos agoNew on market$650,000
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