$5,819

closing credit¹

2001 S Norwood St Philadelphia, PA 19145

$490,000
2,100 sqft
0.02 acres
$233 / sqft
Multi-Family

Property details

About 2001 S Norwood St

Calling all investors! Welcome to your newly remodeled duplex nestled in the vibrant West Passyunk neighborhood of Philadelphia with a TAX ABATEMENT. This stunning property offers an exceptional opportunity for both homeowners and investors alike. Boasting a recent overhaul, this duplex features brand new plumbing, HVAC systems, a fresh roof, and sleek flooring throughout. You can rest assured knowing that every corner of this property has been carefully revitalized to offer modern comfort and convenience. With two tenants already in place, this income-producing gem presents an immediate return on investment. Whether you're looking to diversify your portfolio or generate passive income, this duplex is primed and ready to deliver. Both tenants pay for all utilities including water. The West Passyunk neighborhood itself is a dynamic and rapidly evolving community, making it a prime location for savvy investors and homeowners seeking growth potential. With its eclectic mix of local shops, trendy eateries, and cultural attractions, West Passyunk embodies the essence of urban living with a distinctive flair. Plus, its convenient access to public transportation and major highways ensures seamless connectivity to the rest of the city. Don't miss out on this golden opportunity to own a piece of West Passyunk's bright future. Schedule a showing today and envision the possibilities that await in this thriving neighborhood! Unit A (3 Bed/2 Bath): Rent - $2100 a month. Two year lease. Tenant pays utilities plus water. Unit B (2 Bed/1 Bath): Rent - $1350 a month. One year lease. Tenant pays utilities plus water.

Highlights

Home typeDuplex
HeatingForced Air
StatusActive
(ACTIVE)
Size2,100 sqft
Lot size0.02 Acres
Year builtNew Const., 2022
ParkingOn Street
MLS #PAPH2335434

Summary

  • MLS Number: PAPH2335434
  • MLS Name: BRIGHT
  • Office Name: Homestarr Realty
  • Office Phone: (215) 355-5565
  • Office Email: homestarr@homestarrinc.com
  • Listing Agent: Gerald P Hill

IDX 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 participates, and is provided by BRIGHT through a licensing agreement.

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 sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 1:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of multi unit property

$490,000

2001 S Norwood St

$5,819

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 11, 2020
Home Sold
$132,000
Sep 28, 2016
Home Sold
$59,000

Tax history

YearAssessmentProperty Tax
2023$442,200$3,387
2022$242,027$1,110
2021$-$1,110
2020$79,300$1,110
2019$73,700$1,031
2018$44,500$622
2017$44,500$622

History based on county public records data.

Nearby schools

3

Stephen Girard Elementary School

Public District KG-4

0.3 mi

1800 Snyder Ave

7

Abram Stockton Jenks School

Public District KG-5

0.9 mi

2501 S 13th St

5

Francis Scott Key School

Public District KG-6

1.2 mi

2230 S 8th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $40,607. Residents of Philadelphia, PA typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

39%
<35k
57%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

46%
Single, No Kids
33%
Single, with Kids
11%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
12%
12-17 yrs old
23%
18-34 yrs old
38%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • PopeyesPopeyes

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 2001 S Norwood St in Philadelphia, PA and zip code 19145 in the South Philadelphia neighborhood. This 2,100 square foot home, which was built in 2022, sits on a 0.02 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 6, 2024 and is currently priced at $490,000.

While more than 218 listings in Philadelphia, PA in December 2024 were sold above asking price, there were more than 229 listings sold at asking price, and more than 580 were sold below. Between November and December 2024, Philadelphia, PA real estate market has seen decrease in the number of listings by 2.3%. In December 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $267,873.

From Rocket Homes Real Estate and based on county public records data.

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