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$3,750,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 4 days ago
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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

Full Property Details for 1805 Chestnut St

General

  • Price: $3,750,000
  • Taxes: $18,901 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2574212
  • Updated: 1/13/2026
  • Added to Site: 4 day(s) ago

Exterior

  • Porch/Patio/Deck: Terrace, Roof

Parking

  • Parking Type: None

Location

  • Area: 19103 (19103)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Driving Directions: On Chestnut Street between 18th and 19th.

School Information

  • School District: Philadelphia City

Heating & Cooling

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

Utilities

  • Sewer: No Septic System
  • Water: Public

Structural Information

  • Architectural Style: Other
  • Structure Type: Over Storefront
  • Construction: Masonry
  • Stories/Levels: 4
  • Square Feet: 5,000
  • Sq. Ft. Source: Estimated
  • Living Area: 5,000 Sq. Ft.
  • Finished Above Grnd: 5,000 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Estimated

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,000
  • Lot Size Source: Estimated
  • Lot Dimensions: 20.00 x 100.00
  • Zoning: CMX5

Financial Considerations

  • Price Per Sq. Ft.: $750
  • Operating Expenses: $49,103
  • Tax w/Assessment: $1,350,300
  • Tax Amount: $18,901
  • Tax Year: 2026

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Compass Pennsylvania, LLC, Brett Caspi and Compass Pennsylvania, LLC, Bruno R. R Pouget

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Listing agents

— 1805 Chestnut St —

  • Brett Caspi

    Compass Pennsylvania, LLC

  • Bruno R. R Pouget

    Compass Pennsylvania, LLC

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 1805 Chestnut St

School District:Philadelphia City School District
NameGradesDistance
Greenfield Albert M School
2200 Chestnut Street, Philadelphia, PA 19103
K-80.4 mi
Franklin Benjamin High School
550 North Broad Street, Philadelphia, PA 19130
12-110.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1805 Chestnut St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/13/2026
Listed
$3,750,000
67.79%
MLS
4/02/2014
Sold
$2,235,000
—
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 1805 Chestnut St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,902
—
$1,350,300
—
2024
$18,902
14%
$1,350,300
100%
2021
$16,613
-20%
-100%
2023
$20,706
25%
$1,479,200
25%
2020
$16,613
1%
$1,186,800
1%
2019
$16,449
3%
$1,175,100
3%
2018
$15,970
-16%
$1,140,900
-16%
2017
$19,093
—
$1,364,000
—
2016
$19,093
4%
$1,364,000
—
2015
$18,278
—
$1,364,000
—
2014
$18,278
39%
$1,364,000
915%
2013
$13,132
—
$134,400
—
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.

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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

Get Pre-Approved

Listed by Compass Pennsylvania, LLC, Brett Caspi and Compass Pennsylvania, LLC, Bruno R. R Pouget

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1805 Chestnut Street, Philadelphia, PA 19103 (MLS# PAPH2574212) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1805 Chestnut Street is currently listed for $3,750,000 and was received on January 13, 2026. Want to learn more about 1805 Chestnut Street? Do you have questions about finding other Multi-Family real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

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