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$2,330,000

  • For Sale
  • Active
  • Apartment
See This Home
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See This Home
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2020 Locust Street in Rittenhouse Square represents a generational real estate acquisition opportunity to purchase a blue-chip multifamily building in an irreplaceable location - 1.5 blocks to Rittenhouse Square Park- the most esteemed neighborhood in Philadelphia, Pennsylvania. This seven (7) unit apartment building is a turnkey investment. The Property consists of 4,000 SF with 1 commercial space, 3 studios, 2 1bds, + 1 2bd with a private rooftop terrace overlooking Rittenhouse Square and Center City. Renovated in 2017 with hardwood floors, contemporary kitchens and baths, laundry, upgraded HVAC + more..

Full Property Details for 2020 Locust St

General

  • Price: $2,330,000
  • Taxes: $15,660 (2024)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2451242
  • Updated: 1/8/2026
  • Added to Site: 318 day(s) ago

Business

  • Business Type: Apartment Building

Interior

  • Flooring: Hardwood

Parking

  • Parking Type: None

Location

  • Area: 19103 (19103)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Subdivision: RITTENHOUSE SQUARE
  • Cross Streets: 20Th St
  • Driving Directions: MID BLOCK ON SOUTH SIDE OF LOCUST ST BETWEEN 20TH-21ST STREETS.

Heating & Cooling

  • Cooling Type: Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Other
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Masonry
  • Roof: Flat
  • Entry Floor Number: 1
  • Stories/Levels: 4
  • Building Size: 4000
  • Year Built: 1817
  • Year Built Source: Assessor
  • Property Condition: Excellent

Unit Information

  • # Tenants: Multiple

Lot Features

  • Property View: City, Park/Greenbelt, Panoramic
  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,360
  • Lot Size Source: Assessor
  • Lot Dimensions: 1.00 x 1360.00
  • Zoning: RM1

Financial Considerations

  • Price Per Sq. Ft.: $582.5
  • Assessment Year: 2025
  • School Tax: $8,770
  • City/TownTax: $6,890
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $1,118,798
  • Tax Amount: $15,660
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Investment: Yes
  • Lot Number: 162

Listed by Keller Williams Liberty Place, Ryan J McManus and Keller Williams Liberty Place, Brandon Ribeiro

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Listing agents

— 2020 Locust St —

  • Ryan J McManus

    Keller Williams Liberty Place

  • Brandon Ribeiro

    Keller Williams Liberty Place

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 2020 Locust St

School District:Philadelphia City School District
NameGradesDistance
Greenfield Albert M School
2200 Chestnut Street, Philadelphia, PA 19103
K-80.2 mi
Franklin Benjamin High School
550 North Broad Street, Philadelphia, PA 19130
12-111.2 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 2020 Locust St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/08/2026
Price Reduced
$2,330,000
-2.92%
MLS
3/06/2025
Listed
$2,400,000
6.67%
MLS
11/17/2020
Sold
$2,250,000
—
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 2020 Locust St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,824
27%
$1,416,200
—
2024
$15,661
—
$1,416,200
100%
2023
$15,661
38%
100%
2021
$11,353
-28%
-100%
2023
$15,661
38%
$1,118,798
1%
2020
$11,353
-4%
$1,111,000
-5%
2019
$11,876
3%
$1,165,100
41%
2018
$11,529
8%
$823,600
8%
2017
$10,636
—
$759,800
—
2016
$10,636
4%
$759,800
—
2015
$10,181
—
$759,800
—
2014
$10,181
26%
$759,800
816%
2013
$8,104
—
$82,944
—
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 2020 Locust 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

Get Pre-Approved

Listed by Keller Williams Liberty Place, Ryan J McManus and Keller Williams Liberty Place, Brandon Ribeiro

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2020 Locust Street, Philadelphia, PA 19103 (MLS# PAPH2451242) is a Apartment property. 2020 Locust Street is currently listed for $2,330,000 and was received on March 06, 2025. Want to learn more about 2020 Locust 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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