Investment opportunity with excellent passive income that has been tastefully renovated and well maintained. A multi-unit building in prime Rittenhouse Square, Philadelphia zoned CMX5. Fully occupied with 4 apartments and one flagship retail tenant who has approximately nine years remaining on a recently extended lease. Total Operating Revenue Annually:$251,032 Total Operating Expenses Annually: $49,103 Total NET OPERATING INCOME: $201,930
For sale
$3,750,000
1805 Chestnut St, Philadelphia, PA 19103
5beds
--baths
5,000sqft
Est.:
Retail
Built in 1900
-- sqft lot
$3,486,100 Zestimate®
$750/sqft
$-- HOA
What's special
- 27 days |
- 690 |
- 18 |
Zillow last checked: 8 hours ago
Listing updated: January 13, 2026 at 06:45am
Listed by:
Brett Caspi 516-633-6106,
Compass RE 2674358015,
Co-Listing Agent: Bruno R. R Pouget 215-990-9525,
Compass RE
Source: Bright MLS,MLS#: PAPH2574212
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Heating
- Central, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 5,000
- Total interior livable area: 5,000 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: Accessible Doors
Features
- Patio & porch: Terrace, Roof
- Pool features: None
Lot
- Size: 2,000 Square Feet
- Dimensions: 20.00 x 100.00
Details
- Additional structures: Above Grade
- Parcel number: 871004650
- Zoning: CMX5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Retail
Materials
- Masonry
Condition
- New construction: No
- Year built: 1900
- Major remodel year: 2024
Utilities & green energy
- Sewer: No Septic System
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $750/sqft
- Tax assessed value: $1,350,300
- Annual tax amount: $18,901
- Date on market: 1/13/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$3,486,100
$3.31M - $3.66M
$1,353/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/13/2026 | Listed for sale | $3,750,000-5.1%$750/sqft |
Source:  Bright MLS #PAPH2574212 Report a problem | ||
| 11/8/2025 | Listing removed | $3,950,000$790/sqft |
Source: Bright MLS #PAPH2495850 Report a problem | ||
| 6/18/2025 | Listed for sale | $3,950,000+76.7%$790/sqft |
Source: Bright MLS #PAPH2495850 Report a problem | ||
| 10/1/2017 | Listing removed | $1,800 |
Source: Zillow Rental Manager Report a problem | ||
| 9/13/2017 | Listed for rent | $1,800+12.5% |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,902 -8.7% | $1,350,300 -8.7% |
| 2024 | $20,706 | $1,479,200 |
| 2023 | $20,706 +24.6% | $1,479,200 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$18,791/mo
Principal & interest
$14541
Property taxes
$2937
Home insurance
$1313
Climate risks
Neighborhood: Rittenhouse
Nearby schools
GreatSchools rating
- 8/10Greenfield Albert M SchoolGrades: K-8Distance: 0.4 mi
- 2/10Franklin Benjamin 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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