$1,100,000
UNDER CONTRACT

22 E Rittenhouse St Philadelphia, PA 19144

East Germantown Neighborhood

Estimated payment $5,966/month

Total Views 4,651
-- Bed
-- Bath
8,925 Sq Ft
$123 Price per Sq Ft

Highlights

  • 0.1 Acre Lot
  • Contemporary Architecture
  • Central Heating and Cooling System
  • Oak Street Elementary School Rated A
  • 4 Car Attached Garage
  • 3-minute walk to Morton Playground

About This Home

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.

Listing Agent

Shaina Levin

(215) 840-7500 shaina.levin@cbrealty.com Coldwell Banker Realty License #RS347883 Listed on: 06/26/2025

Coldwell Banker Realty

Co-Listing Agent

Kelly Guida-Patrizio

(856) 316-9459 kpatrizio@cbpref.com Coldwell Banker Realty License #RS325565

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,889

Year Built

  • Built in 2022

Lot Details

  • 4,140 Sq Ft Lot
  • Lot Dimensions are 0.00 x 82.00

Parking

  • 4 Car Attached Garage

Home Design

  • 8,925 Sq Ft Home
  • Contemporary Architecture
  • Block Foundation
  • Vinyl Siding

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 881206550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,889

Year Built

Built in 2022

Lot Details

0

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2022
  • Automatically Close On Close Date: Yes
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Total Sq Ft: 8925
  • Living Area Sq Ft: 8925
  • Price Per Sq Ft: 123.25
  • Above Grade Finished Sq Ft: 8925
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Garage Features: Covered Parking
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.10
  • Lot Dimensions: 0.00 x 82.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4140.00
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1058.00
  • Tax Annual Amount: 1889.00
  • Assessor Parcel Number: 881206550
  • Tax Lot: 31
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2025 11/03/25 Price Changed $1,100,000 -15.3% $123 / Sq Ft
10/01/2025 10/01/25 Price Changed $1,299,000 -3.8% $146 / Sq Ft
07/18/2025 07/18/25 Price Changed $1,350,000 -1.8% $151 / Sq Ft
06/26/2025 06/26/25 For Sale $1,375,000 +9066.7% $154 / Sq Ft
08/31/2018 08/31/18 Sold $15,000 -39.8% -- View Prior Sale
06/07/2018 06/07/18 Pending -- -- --
04/11/2018 04/11/18 Price Changed $24,900 -17.0% --
07/31/2017 07/31/17 For Sale $30,000 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: PAPH2509776

Bright MLS
Pennsylvania Philadelphia County Philadelphia 19144 East Germantown

22 E Rittenhouse St, Philadelphia, PA

Under Contract

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Nearby Homes
Shaina Levin
Listing Agent
Shaina Levin
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Coldwell Banker Realty
(215) 840-7500