Pending

Price cut: $199K (11/3)

$1,100,000

22 E Rittenhouse St, Philadelphia, PA 19144

14beds

--baths

8,925sqft

Est.:

Multi Family

Built in 2022

-- sqft lot

$1,100,300 Zestimate^®

$123/sqft

$-- HOA

What's special

High-end finishesModern luxuryPrivate balconiesOversized roof deckOpen-concept layouts

New construction with 10-year tax abatement through 2032, low-maintenance income, major depreciation benefits, and Section 8 upside potential makes this multi-family dwelling the ultimate investor’s trifecta! Welcome to 22 E. Rittenhouse, a newly constructed 6-unit multifamily building in one of Philadelphia’s fastest-growing neighborhoods. This fully occupied property offers a rare combination of modern luxury and smart investment potential. Each spacious unit features high-end finishes, private balconies, and open-concept layouts designed for today’s lifestyle. The building includes 4 covered parking spots, an oversized roof deck, secure entry, and quality construction throughout. With strong rental income and low-maintenance appeal, this is an ideal turnkey opportunity for investors seeking stability and growth in a red-hot market.

196 days

65

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 14

Basement

Area: 0

Heating

Central, Natural Gas

Cooling

Central Air, Natural Gas

Appliances

Included: Gas Water Heater

Features

Has fireplace: No

Interior area

Total structure area: 8,925
Total interior livable area: 8,925 sqft

Property

Parking

Total spaces: 4
Parking features: Covered, Attached
Attached garage spaces: 4

Accessibility

Accessibility features: None

Features

Pool features: None

Lot

Size: 4,140 Square Feet
Dimensions: 0.00 x 82.00

Details

Additional structures: Above Grade, Below Grade
Parcel number: 881206550
Zoning: RSA3
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Contemporary
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Block

Condition

New construction: No
Year built: 2022

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Philadelphia
Municipality: PHILADELPHIA

Financial & listing details

Price per square foot: $123/sqft
Tax assessed value: $135,000
Annual tax amount: $1,889
Date on market: 6/26/2025
Listing agreement: Exclusive Right To Sell
Ownership: Fee Simple

Estimated market value

$1,100,300

$1.05M - $1.16M

$2,131/mo

Price history

Date	Event	Price
1/6/2026	Pending sale	$1,100,000$123/sqft
Source: Bright MLS #PAPH2509776 Report a problem
11/21/2025	Contingent	$1,100,000$123/sqft
Source: Bright MLS #PAPH2509776 Report a problem
11/3/2025	Price change	$1,100,000-15.3%$123/sqft
Source: Bright MLS #PAPH2509776 Report a problem
10/1/2025	Price change	$1,299,000-3.8%$146/sqft
Source: Bright MLS #PAPH2509776 Report a problem
7/18/2025	Price change	$1,350,000-1.8%$151/sqft
Source: Bright MLS #PAPH2509776 Report a problem