Prime Multifamily Development Opportunity! Investors and developers, take advantage of the opportunity to bring a thoughtfully designed four-unit residential development to life at 1826 W Thompson St. This ground-up project is planned as a four-story building with a basement/foundation level, a maximum building height of 36 feet, and four R-2 residential units. The proposed unit mix includes two two-bedroom residences with open living/kitchen areas, bathrooms, dedicated laundry, and balcony space. Units 3 and 4 are designed as upper-level duplex-style residences spanning the third and fourth floors, each featuring three bedrooms, multiple bathrooms, and laundry. The planned building will feature a brick-forward exterior with cement-board accents, metal balcony railings, and a rear siding elevation, along with a central stair configuration and residential fire sprinkler system. With plans in place for a thoughtfully designed four-unit new construction project, this property presents an attractive opportunity for investors seeking a ground-up multifamily development with multiple income-producing residences. Plans and project details are available for review. Drive by and take a look today!
Multi-familyProperty Type
1,072 sq ftLot Size
Listed by Francis Mangubat• Keller Williams Main Line
North Central, located between Temple University and Fairmount Park, is a residential and institutional Philadelphia neighborhood with rowhouse blocks and campus-edge energy. The neighborhood’s character concentrates around Broad Street at Cecil B. Moore Avenue, where corner takeouts, student hangouts, and SEPTA entrances keep the sidewalks in motion. Temple Performing Arts Center anchors nights of concerts and talks, while The Liacouras Center draws big-game and event crowds. Brick twins and porch-front rows mix with newer mid-rises near campus corridors. Pocket greens and rec spaces break up the grid, with longer walks leading toward the park’s trails. Daily rhythms shift from classroom bustle to quieter side streets lined with murals and stoops.
Provided by Walk Score and Local Logic
Market insights
1826 W Thompson St · $150,000
DAYS ON MARKET
25 days
The average home goes pending in 70 days.
SALE-TO-LIST
93.5%
Most homes are selling 7% below list price.
LIST PRICE
$150,000
Median list price in this area is $311,241. (107% higher than this home)
PRICE DROP
0 price drops
54% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Property listed in excellent condition
Assessor-reported living area and finished area measurements
Bedrooms
Four units total: two 2-bedroom units and two 3-bedroom units
Exterior features
Lot dimensions approximately 16 x 67
No tidal water on the lot
Above-grade and below-grade other structures noted
Home design
Multifamily property with 4 total units
Ownership is fee simple
Construction not completed
Parking
On-street parking
Construction
Year built / specific year not provided
Utilities
Public water
Public sewer
Financial info
Land assessed value reported
Tax year 2026 with annual tax information reported
Other
Located in the Philadelphia municipality
Directions reference: 1826 W Thompson St (GPS)
Electricity and solar
View estimated energy costs and solar savings for this home
Prime Multifamily Development Opportunity! Investors and developers, take advantage of the opportunity to bring a thoughtfully designed four-unit residential development to life at 1826 W Thompson St. This ground-up project is planned as a four-story building with a basement/foundation level, a maximum building height of 36 feet, and four R-2 residential units. The proposed unit mix includes two two-bedroom residences with open living/kitchen areas, bathrooms, dedicated laundry, and balcony space. Units 3 and 4 are designed as upper-level duplex-style residences spanning the third and fourth floors, each featuring three bedrooms, multiple bathrooms, and laundry. The planned building will feature a brick-forward exterior with cement-board accents, metal balcony railings, and a rear siding elevation, along with a central stair configuration and residential fire sprinkler system. With plans in place for a thoughtfully designed four-unit new construction project, this property presents an attractive opportunity for investors seeking a ground-up multifamily development with multiple income-producing residences. Plans and project details are available for review. Drive by and take a look today!
BRIGHT MLS #PAPH2661430
Aug 18, 2026
Listed
$150,000
BRIGHT MLS #PAPH2370352
Nov 20, 2024
Sold
$230,000
Oct 31, 2024
Contingent
—
Oct 14, 2024
Price Changed
$259,000
Oct 14, 2024
Relisted
—
Sep 30, 2024
Listing Removed
—
Jun 26, 2024
Listed
$225,000
Multifamily development opportunity in Francisville/Sharswood area! Zoning permit approved for a boutique 5 unit new construction apartment building with a roof deck. Lot consolidation plans and utility plans have been approved. Geotechnical report available. Excellent location adjacent to the Fairmount/Art Museum neighborhood, walkable to the Girard Ave stop along the Broad Street Line. Surrounded by new development, shops, dining and entertainment. With 4 stories approved and over 2,000 SF of lot size, this building can feature spacious units with a desirable mix of studio, one, two, and three bedroom layouts. (Preliminary drawings available featuring two and three bedroom units). Drive by today!
BRIGHT MLS #PAPH2272894
Feb 29, 2024
Listing Removed
—
Feb 1, 2024
Price Changed
$285,000
Jan 8, 2024
Relisted
—
Oct 31, 2023
Contingent
—
Oct 6, 2023
Price Changed
$295,000
Aug 31, 2023
Listed
$324,000
BRIGHT MLS #PAPH2203840
Aug 25, 2023
Listing Removed
—
May 19, 2023
Relisted
—
May 17, 2023
Listing Removed
—
Feb 24, 2023
Listed
$395,000
BRIGHT MLS #1007424454
Nov 21, 2015
Listing Removed
—
May 27, 2015
Listed
$70,000
BRIGHT MLS #1009783258
Jul 9, 2014
Listing Removed
—
Sep 10, 2013
Listed
$65,000
Public Records
Oct 16, 2012
Sold
$42,000
BRIGHT MLS #1009487510
Aug 30, 2012
Listing Removed
—
Apr 4, 2012
Listed
$44,900
Public Records
Jul 22, 2006
Sold
$8,000
Year
Property tax
Land + Additions
Assessment*
2026
$2,026
$144,700
2025
$2,026 (+144.0%)
$144,700
2024
$830
$59,300
2023
$830 (+51.7%)
$59,300
2022
$547
$39,100
2021
$547
$39,100
2020
$547
$39,100
2019
$547
$39,100
2018
$547
$39,100
2017
$547 (+459.2%)
$39,100
2015
$98 (+0.8%)
$7,300
2014
$97 (−61.2%)
$7,300
2013
$250 (+3.6%)
$2,560
2012
$241
$2,560
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
16 ft.
Lot depth
66 ft.
Lot size
1,072 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Philadelphia County
APN
471065300
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on May 13, 2026.
RSA-5
/NCP - SUBAREA B
/NIS
/VDO
Residential Single-Family Attached-5
The RSA, Residential Single-Family Attached districts are primarily intended to accommodate attached and semi-detached houses on individual lots, but may be applied in areas characterized by a mix of housing types, including detached houses. The districts are also intended to provide a density transition between RSD districts and RM districts. The Zoning Code includes five RSA districts that are differentiated primarily on the basis of minimum lot area requirements.
Zone overlays
North Central Philadelphia Overlay District- Subarea B
Narcotics Injection Sites Overlay District
Fifth District Overlay District
Permitted uses
Include but are not limited to:
Assembly / meeting place
Garden center
Housing-Single unit
Fire house
Police station
Recreation-Other
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 104° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Philadelphia, PA • 19121
Average low and high temperatures (°F)
37
24
41
28
59
40
68
48
74
57
84
67
89
73
83
66
79
63
70
51
57
42
43
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
65/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
5.9 hrs
3.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1826 W Thompson St
$150,208
$208 over list price of $150K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $35K to $325K.