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$1,100,000
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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: Single Family
- Source: BrightMLSPhilly
- MLS ID: PAPH2509776
- Added to Site: 250 day(s) ago
Parking
- Garage: Yes
- Garage Spaces: 4
- Total Spaces: 4
- Parking Type: Attached Garage
- Garage Description: Covered Parking
Location
- Area: 19144 (19144)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Germantown Ave, between Haines and Chelten
School Information
- School District: Philadelphia City
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
- Architectural Style: Contemporary
- Structure Type: Detached
- Construction: Vinyl Siding
- Foundation: Block
- Square Feet: 8,925
- Sq. Ft. Source: Assessor
- Living Area: 8,925 Sq. Ft.
- Finished Above Grnd: 8,925 Sq. Ft.
- Year Built: 2022
- Year Built Source: Assessor
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.: $123.25
- 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
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 8925
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 31
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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 Pitney Bowes 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
6/26/2025
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.
22 E Rittenhouse Street, Philadelphia, PA 19144 (MLS# PAPH2509776) is a Single Family 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 Single Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.



