Magnificent opportunity to own a Rittenhouse Square brownstone 9-unit apartment building in amazing condition! Located at one of the best corners in Rittenhouse, 18th & Spruce. One block to the Square, 50 yards away form Rittenhouse Market, 100 yards away from Starbucks. The units are under rented so there is room for increases plus separate utilities. Property is updated throughout with gorgeous original details. The property runs to street to street, to Manning Street. There is a one car car-port on the manning street side of the building. *Bonus -There is also a common elevator that can be repaired and brought back to life! It is not currently being used but would add a ton of value to the building. 5 (2) bedroom units and 4 (1) bedroom units. Could also be an amazing condo conversion!! These building do not become available often at a location like this. Taxes and square footage is the responsibility of the buyer to have verified.
Listed by Jim Onesti
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License #RS224457L
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KW Empower
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4844296769
Last updated January 21, 2026
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Source: BrightMLS #PAPH2466826
Listing Facts
TypeMulti-family
NeighborhoodRittenhouse
Days on Prevu298
Taxes$22,629/year
Size6,970 sqft
Price per sqft$402
Amenities
Parking
Location
Mortgage Calculator
Listing History
01/21/2026
Price Decreased
$2,800,000
10/06/2025
Price Decreased
$2,850,000
05/08/2025
Price Decreased
$2,890,000
04/07/2025
Listed by KW Empower
$2,990,000
Property Details for 1723 Spruce Street
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Year Built: 1890
Architectural Style: Other
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.05
Lot Size Dimensions: 23
Lot Size Source: Assessor
Lot Size Square Feet: 2,368
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $22,629.00
Tax Year: 2024
Interior
Features
Fireplace: No
Measurements
Living Area: 6,970
Living Area Source: Assessor
Rooms
Has Basement: No
Other
Location
Subdivision Name: RITTENHOUSE SQUARE
Tax Lot: 19
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Central A/C
Heating: Forced Air
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1723 Spruce Street.
What are the annual taxes for 1723 Spruce Street?
Annual taxes for this multi-family home are estimated at $22,629.
How does 1723 Spruce Street compare to other multi-family homes in Rittenhouse?
This multi-family home is listed 34% above the average price for multi-family homes in Rittenhouse and has been on the market for 140 more days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 6,970 sqft.
1723 Spruce Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19103. On Prevu for 298 days at $2,800,000. This includes a recent price decrease of $50,000. This property features 6,970 square feet of living space, located in Rittenhouse. The median listing price for multi-family homes in this area is $730,000. Property amenities include parking. Browse more multi-family home listings in Philadelphia.
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