22 E Rittenhouse Street, Philadelphia, PA 19144 - Photo 1

1/1

$1,100,000

Sold
Closed
Apartment

1/1

Property Description

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.

Full Property Details

Full Property Details for 22 E Rittenhouse St

General

Sold For: $1,100,000
Taxes: $1,889 (2024)
Status: Closed
Type: Apartment
Source: BrightMLSPhilly
MLS ID: PAPH2506700
Added to Site: 348 day(s) ago

Business

Business Type: Apartment Building

Parking

Total Spaces: 4
Parking Features: Private
Parking Type: Other

Location

Area: 19144 (19144)
Municipality: PHILADELPHIA
County: PHILADELPHIA
Driving Directions: Germantown Ave, between Haines and Chelten

Heating & Cooling

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

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Vinyl Siding
Building Size: 6535
Year Built: 2022
Year Built Source: Assessor

Unit Information

# Tenants: Multiple
Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6

Lot Features

Lot Size (Acres): 0.1
Lot Size (Sq. Ft.): 4,140
Lot Size Source: Assessor
Lot Dimensions: 0.00 x 82.00
Zoning: RSA3

Financial Considerations

Price Per Sq. Ft.: $168.32
Assessment Year: 2025
School Tax: $1,058
City/TownTax: $831
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $135,000
Tax Amount: $1,889
Tax Year: 2024

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 31

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Meet the listing agents

— 22 E Rittenhouse St —

Shaina Levin

Email Me

(215) 840-7500 mobile
Kelly Patrizio

Email Me

(856) 316-9459 mobile
(215) 923-7600 direct

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Schools

Schools serving 22 E Rittenhouse St

School District:Philadelphia City School District

Name	Grades	Distance
King Martin Luther High School 6100 Stenton Avenue, Philadelphia, PA 19138	9-12	1.4 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 22 E Rittenhouse St

Date

Details

Price

Change

Source

1/14/2026

Sold

$1,100,000

—

MLS

11/03/2025

Price Reduced

$1,100,000

-15.32%

MLS

10/01/2025

Price Reduced

$1,299,000

-3.78%

MLS

7/18/2025

Price Reduced

$1,350,000

-1.82%

MLS

6/25/2025

Listed

$1,375,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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Total Bath
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$179,000

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Single Family
Active
Updated 6 days ago

3
Beds
2
Total Baths
1,176
Sq. Ft.

Listed by Weichert Realtors-Cherry Hill, CLAUDIA V Garcia

22 E Rittenhouse Street, Philadelphia, PA 19144 (MLS# PAPH2506700) is a Apartment property that was sold at $1,100,000 on January 14, 2026. This property was listed by Shaina Levin from our Old City Office.Want to learn more about 22 E Rittenhouse 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.

22 E Rittenhouse St Philadelphia, PA 19144