$199,999
2440 N 16th St, Philadelphia, PA 19132
Listed by Keller Williams Main Street, PA
Investor Alert | Rare Multi-Parcel Development Opportunity An exceptional opportunity to acquire three adjacent parcels: 415, 417, and 419 W Houston Street, offered together as a package deal for a combined list price of $395,000. This offering includes one existing townhome (415) and two separate land parcels (417 & 419), all published individually on the MLS but intended to be sold together. The existing townhome is most likely a teardown, presenting a compelling opportunity to develop multiple new construction homes across the three parcels. Situated on a corner location, the site offers strong potential for larger footprints and possible parking, subject to buyer due diligence and approvals. The surrounding block is already experiencing significant transformation, with new construction townhomes and multifamily developments actively reshaping the street and area. This package is ideal for an investor or developer looking to create a small portfolio of side-by-side new construction properties in a rapidly appreciating neighborhood. Located at the crossroads of Fishtown, Old Kensington, and East Kensington, this area has been developing for years, with continued growth now extending toward Norris Square. The property is walkable to Norris Square Park and conveniently close to the heart of everything, restaurants, cafes, transit, and the vibrant energy that defines these neighborhoods. A rare chance to secure multiple contiguous parcels in a high-growth corridor, perfect for those looking to capitalize on Philadelphia’s evolving urban landscape. Schedule a showing today. 1) 419 W Hewson St - LAND: Assessor Frontage: 17, Depth: 44 Zoning: RSA5 Shape: Triangle 2) 417 W Hewson St - LAND: Frontage: 17, Depth: 53 Zoning: RSA5 Shape: Rectangle 3) 415 W Hewson St - TOWNHOME 3 bed 1 bath 1,340 sqft Frontage: 17, Depth: 55 Acres: 0.0208 Zoning: RSA5 Shape: Rectangle
| Date | Event | Price |
|---|---|---|
| Feb 3, 2026 | Listed for sale | $200,000 |
Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.
Estimated value
$232,000
Automated estimate, not an appraisal. Sale records through July 2026.
Based on 10 comparable sales nearby, the Philadelphia County assessment ratio, weighted toward the current asking price.
| Address | Closed | Sale price | Bd/Ba | Sqft | Adjusted value |
|---|---|---|---|---|---|
| 237 W THOMPSON ST, PHILADELPHIA, PA 19122 | August 2026 | $792,500 | 3/2 | 2,270 | $491,743 |
| 2834 EDGEMONT, PHILADELPHIA, PA 19134 | July 2026 | $415,000 | 3/1 | 2,208 | $530,351 |
| 2741-38 TILTON ST, PHILADELPHIA, PA 19134 | July 2026 | $410,000 | 3/2 | 2,240 | $350,098 |
| 1732 N HANCOCK ST, PHILADELPHIA, PA 19122 | July 2026 | $645,000 | 3/2 | 2,264 | $387,134 |
| 1605 N PHILIP ST, PHILADELPHIA, PA 19122 | July 2026 | $615,000 | 4/2 | 2,022 | $494,017 |
| 2051 N 8TH ST, PHILADELPHIA, PA 19122 | July 2026 | $185,000 | 5/2 | 2,127 | $197,694 |
Recorded property taxes: $302 (2025 bill as recorded in the MLS).
Loan term
Estimated monthly payment
$1,087/mo
Taxes use the amount recorded on the MLS. The default rate is the average 30-year rate as of July 2026; insurance is estimated at 0.35% of the price per year. Below 20% down, lenders usually add mortgage insurance, which this estimate doesn't include. Estimate only; verify before relying on it.
School district
Philadelphia City
2025 PA state assessments (PSSA / Keystone) and graduation data. The index measures student outcomes, not school effectiveness, and is not adjusted for demographics. Districts serve all residents; verify enrollment boundaries with the district.
Safety data
Philadelphia County crime & safety numbers →
County figures from FBI and Pennsylvania source data.
Property taxes
Philadelphia County taxes, explained →
Millage, the Common Level Ratio, and what changes after you buy.
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Information Deemed Reliable But Not Guaranteed
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.
IDX listings are displayed pursuant to broker of record United Real Estate Strive 212, Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: August 21, 2026 at 2:14 PM EDT
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