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$1,075,000
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Property Description
Rare Investment Opportunity in Rittenhouse Square Exceptional chance to own a historically zoned multi-family property in one of Philadelphia's most coveted neighborhoods. This legal six-unit building offers the potential for a seventh unit with a variance, presenting an excellent value-add opportunity for investors. Currently, two units are tenant-occupied, allowing flexibility for renovation or lease-up strategies. The property showcases timeless architectural details, including 20-foot ceilings on the first floor, original crown moldings, and 8-inch wainscoting along the hallways. The building's layout includes: First Floor: Front one-bedroom and rear two-bedroom apartments Second Floor: Rear one-bedroom with private patio and front one-bedroom apartment Third Floor: Rear duplex with deck and front one-bedroom apartment Fourth Floor: Full-floor one-bedroom apartment Additional highlights include a fenced parking space at the rear of the property. A rare find in Rittenhouse Square-ideal for investors seeking long-term appreciation, value-add potential, and prime Center City location.
Full Property Details
Full Property Details for 1504 Pine St
General
- Sold For: $1,075,000
- Taxes: $16,051 (2025)
- Status: Closed
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2554488
- Added to Site: 200 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Total Spaces: 1
- Parking Type: Driveway
Location
- Area: 19102 (19102)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Cross Streets: 15Th
- Driving Directions: From Broad St, take Spruce St west, turn left on 15th St, then left on Pine St to 1504 Pine St
- Historic District: Yes
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Natural Gas Available
- Water Heater: Natural Gas
Utilities
- Sewer: Public Septic
- Water: Public Hook-up Available
Structural Information
- Construction: Stone, Masonry
- Foundation: Stone
- Entry Floor Number: 1
- Stories/Levels: 5
- Building Size: 5973
- Year Built: 1890
- Year Built Source: Assessor
- Property Condition: Below Average
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6, Unit 7
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,600
- Lot Size Source: Assessor
- Lot Dimensions: 20.00 x 130.00
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $179.98
- Assessment Year: 2025
- School Tax: $8,988
- City/TownTax: $7,062
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $1,146,700
- Tax Amount: $16,051
- Tax Year: 2025
- Owner Pays: Gas, Heat, Insurance, Sewer, Taxes - Real Estate, Water
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 8043
Listed by EXP Realty, LLC, Deidre M Quinn and EXP Realty, LLC, Gayle Thigpen
Sold by KW Empower, Joseph Cleary
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Schools
Schools serving 1504 Pine St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Greenfield Albert M School 2200 Chestnut Street, Philadelphia, PA 19103 | K-8 | 0.7 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1504 Pine St
Date
Details
Price
Change
Source
3/16/2026
Sold
$1,075,000
-10.42%
MLS
10/31/2025
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1504 Pine Street, Philadelphia, PA 19102 (MLS# PAPH2554488) is a Apartment property that was sold at $1,075,000 on March 16, 2026. Want to learn more about 1504 Pine Street? Do you have questions about finding other Apartment real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

