Investment opportunity with excellent passive income that has been tastefully renovated and well maintained. A multi-unit building in prime Rittenhouse Square, Philadelphia zoned CMX5. Fully occupied with 4 apartments and one flagship retail tenant who has approximately nine years remaining on a recently extended lease.
Total Operating Revenue Annually:$251,032
Total Operating Expenses Annually: $49,103
Total NET OPERATING INCOME: $201,930
Listed by Brett Caspi
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License #RSR003269
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Compass Pennsylvania, LLC
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5166336106
Last updated January 13, 2026
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Source: BrightMLS #PAPH2574212
Listing Facts
TypeMulti-family
NeighborhoodCenter City West
Days on Prevu17
Taxes$18,901/year
Size5,000 sqft
Price per sqft$750
Location
Mortgage Calculator
Listing History
01/13/2026
Listed by Compass Pennsylvania, LLC
$3,750,000
Property Details for 1805 Chestnut Street
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Stories Total: 4
Year Built: 1900
Architectural Style: Other
Construction Materials: Masonry
Features
Other Structures: Above Grade
Patio And Porch Features: Terrace, Roof
Waterfront: No
Measurements
Lot Dimensions Source: Estimated
Lot Size Acres: 0.05
Lot Size Dimensions: 20
Lot Size Source: Estimated
Lot Size Square Feet: 2,000
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.5
Operating Expense: $49,103.00
Taxes
Tax Annual Amount: $18,901.00
Tax Year: 2026
Interior
Measurements
Living Area: 5,000
Living Area Source: Estimated
Other
Features
Accessibility Features: 32"+ Wide Doors
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Central A/C
Heating: Central
Has Heating: Yes
Sewer: No Septic System
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1805 Chestnut Street.
What are the annual taxes for 1805 Chestnut Street?
Annual taxes for this multi-family home are estimated at $18,901.
How does 1805 Chestnut Street compare to other multi-family homes in Center City West?
This multi-family home is listed 63% above the average price for multi-family homes in Center City West and has been on the market for 102 less 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 5,000 sqft.
1805 Chestnut Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19103. On Prevu for 17 days at $3,750,000. This property features 5,000 square feet of living space, located in Center City West. The median listing price for multi-family homes in this area is $394,950. Browse more multi-family home listings in Philadelphia.
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