New Construction 5 unit apartment building in hot Norris Square area with 10 year tax abatement. CURRENTLY LEASED at $8,900/month with an efficient unit mix and located in a QOZ (qualified opportunity zone) for maximum tax benefits. All units have private outdoor spaces with decks, roof decks, and patios. Large comfortable layouts with modern finishes and great natural lighting. High quality materials like TPO roofing, full red brick front, Pella windows, custom metal railings, large entry lobby. 5 Unit Mix: (2) - 3bd /3ba bilevel, (2) - 2bd/2ba bilevel, (1) - 2bd/1.5bath.
Sold for $1,140,000
$1,140,000
518 W Susquehanna Ave, Philadelphia, PA 19122
12beds
12baths
5,952sqft
Townhouse
Built in 2025
-- sqft lot
$1,144,400 Zestimate®
$192/sqft
$1,597 Estimated rent
Home value
$1,144,400
$1.06M - $1.24M
$1,597/mo
Zestimate® history
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$1,597/mo
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$5,713/mo
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List your homeWhat's special
Large comfortable layoutsLarge entry lobbyModern finishesCustom metal railingsPella windowsTpo roofingGreat natural lighting
Zillow last checked:
Listing updated:
Listed by:
Eric Fargnoli 215-279-0226,
KW Empower,
Co-Listing Team: The Somers Team, Co-Listing Agent: Christopher K Somers 267-987-4443,
KW Empower
Bought with:
Unrepresented
Unrepresented
Source: Bright MLS,MLS#: PAPH2571050
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
Basement
- Area: 0
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 5,952
- Total interior livable area: 5,952 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,984 Square Feet
- Dimensions: 32.00 x 62.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 881000557
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Townhouse
Materials
- Brick, Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- Excellent
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $192/sqft
- Tax assessed value: $53,600
- Annual tax amount: $1,852
- Date on market: 1/4/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 106800
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Sold | $1,140,000-4.6%$192/sqft |
Source:  Bright MLS #PAPH2571050 Report a problem | ||
| 3/19/2026 | Contingent | $1,195,000$201/sqft |
Source: Bright MLS #PAPH2571050 Report a problem | ||
| 11/12/2025 | Price change | $1,195,000-4.3%$201/sqft |
Source: Bright MLS #PAPH2463134 Report a problem | ||
| 8/21/2025 | Price change | $1,249,000-0.1%$210/sqft |
Source: Bright MLS #PAPH2463134 Report a problem | ||
| 3/28/2025 | Listed for sale | $1,250,000+1751.9%$210/sqft |
Source: Bright MLS #PAPH2463134 Report a problem | ||
| 1/22/2024 | Sold | $67,500+650%$11/sqft |
Source: Public Record Report a problem | ||
| 7/17/2023 | Sold | $9,000+800%$2/sqft |
Source: Public Record Report a problem | ||
| 6/28/2019 | Sold | $1,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $750 -9.2% | $53,600 -9.2% |
| 2024 | $826 | $59,000 |
| 2023 | $826 +1304.8% | $59,000 |
| 2022 | $59 | -- |
| 2021 | $59 | -- |
| 2018 | $59 | -- |
| 2017 | $59 | -- |
| 2016 | $59 | -- |
| 2015 | $59 | -- |
| 2014 | $59 +4.5% | $4,200 +1093.2% |
| 2012 | $56 | $352 |
| 2011 | -- | $352 |
| 2010 | -- | $352 |
| 2009 | -- | $352 |
| 2008 | -- | $352 |
| 2007 | -- | $352 +10% |
| 2006 | -- | $320 +25% |
| 2005 | -- | $256 |
| 2004 | -- | $256 |
| 2003 | -- | $256 |
| 2002 | -- | $256 |
| 2000 | -- | $256 |
| 1999 | -- | $256 |
Find assessor info on the county website
Neighborhood: West Kensington
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Nearby schools
GreatSchools rating
- 3/10Mckinley William SchoolGrades: PK-8Distance: 0.1 mi
- 3/10Kensington Creative & Performing Arts High SchoolGrades: 9-12Distance: 0.7 mi
- 2/10Kensington High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: Philadelphia City
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,144,400
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Estimated market value
$1,144,400
- Pennsylvania
- Philadelphia County
- Philadelphia
- 19122
- West Kensington
- 518 W Susquehanna Ave
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