The shooting occurred just before 12:30 a.m. near 31st and Norris Streets.
Police said more than 10 shots were fired from multiple locations in the area. The victim ran from the scene but collapsed in the backyard of a home in the 1900 block of North 31st Street. 4
He had been shot in the stomach and was found unresponsive. He was later pronounced dead at the hospital.
Homicide detectives returned to the scene later in the day, reviewing surveillance video and interviewing witnesses. A rental bike left behind in the area was also part of the investigation.
Ronald Clark, 94, was asleep in his car nearby when the gunfire erupted.
"I heard a gunshot - all the gunshots shooting down there and all the way down there," Clark said. A bullet pierced the hood of his car.
Chief Inspector Scott Small said investigators are receiving information that the shooter or shooters may have been part of a group of three individuals believed to be in their mid to late teens.
Danielle Sepplee, a nearby resident, expressed her concern about the violence.
"That could've been my son, a little kid's father, anything," Sepplee said.
Police said the suspects may have fled the scene in a white or very light-colored SUV. The investigation is ongoing.
Anyone with information can call or text Philadelphia police at 215-686-TIPS (8477) or submit an anonymous tip online.
RELATED: Check the 6abc Neighborhood Safety Tracker