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$2,725,000

  • For Sale
  • Active
  • Apartment
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Magnificent opportunity to own a Rittenhouse Square brownstone 9-unit apartment building in amazing condition! Located at one of the best corners in Rittenhouse, 18th & Spruce. One block to the Square, 50 yards away form Rittenhouse Market, 100 yards away from Starbucks. The units are under rented so there is room for increases plus separate utilities. Property is updated throughout with gorgeous original details. The property runs to street to street, to Manning Street. There is a one car car-port on the manning street side of the building. *Bonus -There is also a common elevator that can be repaired and brought back to life! It is not currently being used but would add a ton of value to the building. 5 (2) bedroom units and 4 (1) bedroom units. Could also be an amazing condo conversion!! These building do not become available often at a location like this. Taxes and square footage is the responsibility of the buyer to have verified.

Full Property Details for 1723 Spruce St

General

  • Price: $2,725,000
  • Taxes: $22,629 (2024)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2466818
  • Updated: 3/6/2026
  • Added to Site: 363 day(s) ago

Business

  • Business Type: Apartment Building

Parking

  • Total Spaces: 1
  • Parking Type: Other

Location

  • Area: 19103 (19103)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Subdivision: RITTENHOUSE SQUARE
  • Driving Directions: Walnut St. S 17th St. Spruce Street.

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Masonry
  • Building Size: 6970
  • Year Built: 1890
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,368
  • Lot Size Source: Assessor
  • Lot Dimensions: 23.00 x 104.00
  • Zoning: RM4

Financial Considerations

  • Price Per Sq. Ft.: $390.96
  • Assessment Year: 2025
  • School Tax: $12,672
  • City/TownTax: $9,956
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $1,616,600
  • Tax Amount: $22,629
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 19

Listed by KW Empower, Jim Onesti and KW Empower, Steven Onesti

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Listing agents

— 1723 Spruce St —

  • Jim Onesti

    KW Empower

  • Steven Onesti

    KW Empower

Listing Office Email: vicki@kwempower.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1723 Spruce St

School District:Philadelphia City School District
NameGradesDistance
Greenfield Albert M School
2200 Chestnut Street, Philadelphia, PA 19103
K-80.5 mi
Franklin Benjamin High School
550 North Broad Street, Philadelphia, PA 19130
12-111.2 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 1723 Spruce St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/06/2026
Price Reduced
$2,725,000
-2.68%
MLS
12/22/2025
Price Reduced
$2,800,000
-1.75%
MLS
10/06/2025
Price Reduced
$2,850,000
-1.38%
MLS
5/08/2025
Price Reduced
$2,890,000
-3.34%
MLS
4/07/2025
Listed
$2,990,000
49.5%
MLS
2/26/2022
Sold
$2,000,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1723 Spruce St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$22,629
—
$1,616,600
—
2024
$22,629
—
$1,616,600
100%
2021
$22,684
-15%
-100%
2023
$26,833
18%
$1,916,900
18%
2020
$22,684
1%
$1,620,500
1%
2019
$22,516
-3%
$1,608,500
-3%
2018
$23,286
28%
$1,663,500
28%
2017
$18,183
—
$1,299,000
—
2016
$18,183
4%
$1,299,000
—
2015
$17,407
—
$1,299,000
—
2014
$17,407
7%
$1,299,000
683%
2013
$16,209
—
$165,888
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1723 Spruce St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by KW Empower, Jim Onesti and KW Empower, Steven Onesti

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1723 Spruce Street, Philadelphia, PA 19103 (MLS# PAPH2466818) is a Apartment property. 1723 Spruce Street is currently listed for $2,725,000 and was received on April 07, 2025. Want to learn more about 1723 Spruce 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.

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