Date
Details
Price
Change
Source
1/28/2026
Listed
$1,395,000
—
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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1/74
$1,395,000
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Property Description
Unique opportunity to own a fully occupied 4-unit (quad) multifamily property in the heart of Society Hill, one of Philadelphia's most historic and sought-after neighborhoods. 423 Spruce Street features four spacious 2-bedroom units, each offering strong rental appeal in a high-demand location. This property is 100% occupied, providing immediate cash flow and stability for investors. Units offer well-proportioned layouts and abundant natural light, ideal for long-term tenants seeking the charm and convenience of urban living. Located on picturesque Spruce Street, the property also includes a rare 2-car parking gated carport, a highly desirable amenity in Society Hill. Residents enjoy walkable access to Old City, Washington Square, Penn's Landing and Center City, along with top restaurants, boutiques, parks, and public transportation. Society Hill's consistent demand and limited housing supply make this an exceptional opportunity for both seasoned investors and owner-occupants seeking a premier multifamily asset - a lucrative addition to any portfolio in one of Philadelphia's most enduring and desirable neighborhoods.
Full Property Details
Full Property Details for 423 Spruce St
General
- Price: $1,395,000
- Taxes: $19,110 (2025)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2572602
- Updated: 1/28/2026
- Added to Site: 9 day(s) ago
Rental Information
- Lease Info: Yearly, Month to Month
Parking
- Carport Spaces: 2
- Total Spaces: 2
- Parking Type: Detached Carport
Location
- Area: 19106 (19106)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Spruce St. btwn 4th/5th Sts. See GPS
- Historic District: Yes
School Information
- School District: Philadelphia City
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional, Other
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Foundation: Stone
- Square Feet: 4,512
- Sq. Ft. Source: Assessor
- Living Area: 4,512 Sq. Ft.
- Finished Above Grnd: 4,512 Sq. Ft.
- Year Built: 1850
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,114
- Lot Size Source: Assessor
- Lot Dimensions: 21.00 x 103.00
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $309.18
- Assessment Year: 2025
- School Tax: $10,701
- City/TownTax: $8,408
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $1,365,200
- Tax Amount: $19,110
- Tax Year: 2025
- Owner Pays: Common Area Maintenance, Water
- Tax Total Finished Sq. Ft.: 4512
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 186
Listed by Elfant Wissahickon-Rittenhouse Square, Ksenia A Scorsolini and Elfant Wissahickon-Rittenhouse Square, Karrie Gavin
We Value Your Privacy
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Listing agents
— 423 Spruce St —
Ksenia A Scorsolini
Elfant Wissahickon-Rittenhouse Square
Karrie Gavin
Elfant Wissahickon-Rittenhouse Square
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 423 Spruce St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
McCall Gen George A School 325 South 7th Street, Philadelphia, PA 19106 | K-8 | 0.2 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 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 423 Spruce St
Tax History
Tax History for 423 Spruce St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,110
—
$1,365,200
—
2024
$19,110
-7%
$1,365,200
-7%
2023
$20,647
-10%
$1,475,000
100%
2021
$22,843
-8%
-100%
2022
$24,929
9%
$1,780,900
9%
2020
$22,843
3%
$1,631,900
3%
2019
$22,106
71%
$1,579,200
71%
2018
$12,948
—
$925,000
—
2017
$12,948
—
$925,000
—
2016
$12,948
4%
$925,000
—
2015
$12,395
-4%
$925,000
-4%
2014
$12,896
32%
$962,400
864%
2013
$9,755
—
$99,840
—
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
Estimate the Cost for 423 Spruce St
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
- 1,284Sq. Ft.
- Townhouse
- Active
- Updated 3 days ago
- 3Beds
- 1Total Bath
- 1,048Sq. Ft.
- Townhouse
- Active
- Updated 12 hours ago
- 3Beds
- 2Total Baths
- 1,332Sq. Ft.
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423 Spruce Street, Philadelphia, PA 19106 (MLS# PAPH2572602) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 423 Spruce Street is currently listed for $1,395,000 and was received on January 28, 2026. Want to learn more about 423 Spruce Street? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.