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Request Info$3,288,000
ACTIVE
1837 CHESTNUT STREET Overview
- Time on Site:
- 165 days
- Visits:
- 18
Prime Mixed-Use Investment Opportunity & Rittenhouse Square! Exceptional mixed-use asset located on prestigious Chestnut Street in the heart of Rittenhouse Square, Center City Philadelphia. This high-demand corner property offers strong visibility, consistent foot traffic, and long-term appreciation in one of the city's most established commercial and residential corridors. The building includes approximately 1,800 SF of ground-floor retail/office space, ideal for a variety of commercial uses, plus five (5) residential units above. Each residential unit has been fully upgraded with modern kitchens and bathrooms, newly refinished hardwood floors, separate utilities, and individual heating and central air conditioning systems, minimizing owner expenses and maximizing operational efficiency. With its central location, diverse income streams, and turnkey condition, this property is well-positioned for both stable cash flow and future upside. An ideal acquisition for investors seeking a low-maintenance mixed-use property in a proven, high-demand market. Buyer responsible to verify taxes and sq ft. VIDEOS of each apartment unit available at request!
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1837 CHESTNUT STREET Facts & Features
- Type Multi-Family
- Sq. ft. 20,000
- Price/Sq.ft. $164
- Lot 0.04 Acres
Details
General
Income/Expenses
- Gross Income: 162000.00
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Pool: No Pool
- Total SQFT: 20000
- Year Built: 1930
Location/Region
- Country: US
- County: PHILADELPHIA
- County Or Parish: PHILADELPHIA
- MLS Area Major: 19103 (19103)
- Subdivision Name: RITTENHOUSE SQUARE
Parking Information
- Total Parking Spaces: 0
- Type of Parking: None
Tax Information
- City/Town Tax: 9204.00
- City/Town Tax Payment Frequency: Annually
- County Tax Payment Frequency: Annually
- School Tax: 11715.00
- Tax Annual Amount: $20,920.00
- Tax Assessed Value: 1494500.00
- Tax Year: 2025
General Information
- Inclusions: All appliances not including tenant belongings.
- Property Condition: Good,Very Good
- Property Sub Type: Other
- Property Type: Multi-Family
- Rent Control: No
- School District Name: PHILADELPHIA CITY
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2025
- Zoning: CMX5
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
Parking Information
- Garage: No
Building Exterior/Construction
- Structure Type: Other
Building Interior
- Above Grade Finished Area: 10000
- Above Grade Finished Area Source: Estimated
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area: 10000
- Below Grade Finished Area Source: Estimated
- Below Grade Finished Area Units: Square Feet
- Central Air: Yes
- Hot Water: Other
General Information
- Accessibility Features: Doors - Swing In
- Cooling: Central A/C
- Flooring: Wood
- Living Area: 20000
- Living Area Source: Estimated
- Rooms Total: 5
Unit Information
- One Bedroom Units Count: 1
- Single Room Units Count: 4
- Three Bedroom Units Count: 0
- Two Bedroom Units Count: 0
Exterior
Lot Information
- Lot Dimensions Source: Estimated
- Lot Size Dimensions: 19.00 x 95.00
- Lot Size Source: Estimated
- Lot Size Square Feet: 1829.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: A-Frame
- Construction Materials: Masonry
General Information
- Number Of Units Total: 2
- Other Structures: Above Grade,Below Grade
- Sewer: Public Sewer
- Utilities: Cable TV,Phone,Natural Gas Available,Electric Available,Cable TV Available,Water Available,Sewer Available
- Water Access: No
1837 CHESTNUT STREET Neighborhood
Community
19103 (PHILADELPHIA) Demographics
35
Median Age
38,482
Population Density (per sq. mile)
85%
College Educated
$79,110
Estimated Median Income
4,567
Estimated Total Home Owners
11,198
Estimated Total Renters
29% / 71%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
1837 CHESTNUT STREET Monthly Cost
1837 CHESTNUT STREET Market Data
Based on the last 30 days in this zip code
$1,097,330
Average List Price
$303
Average Price per Square Foot
45
Properties Sold
137
Average Days on Market
255
Properties for Sale
1837 CHESTNUT STREET History
| Date | Value | Agent |
|---|---|---|
| 6/14/2026Source: BRIGHT MLS | $3,288,000 -3.0% |
|
| 6/14/2026Source: BRIGHT MLS | $3,288,000 -3.0% |
|
| 3/18/2026Source: BRIGHT MLS | $3,388,000 -3.2% |
|
| 3/18/2026Source: BRIGHT MLS | $3,388,000 -3.2% |
|
| 1/15/2026Source: BRIGHT MLS | January 15, 2026 |
|
| 1/1/2026Source: BRIGHT MLS | January 01, 2026 |
Listing provided courtesy of RE/MAX Plus- MLS# PAPH2575438
Contact Information: [email protected] - 2154223711
Contact Information: [email protected] - 2154223711