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423 Spruce StreetPhiladelphia, PA 19106

For Sale

$1,395,000

Smart Buyer Rebate $13,950

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.

Listed by Ksenia A Scorsolini

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License #RS330475

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Elfant Wissahickon-Rittenhouse Square

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2158939920

Last updated January 28, 2026

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Source: BrightMLS #PAPH2572602

Listing Facts

  • TypeMulti-family
  • NeighborhoodSociety Hill
  • Days on Prevu2
  • Taxes$19,110/year
  • Size4,512 sqft
  • Price per sqft$309

Location

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Listing History

01/28/2026
Listed by Elfant Wissahickon-Rittenhouse Square
$1,395,000

Property Details for 423 Spruce Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 4
  • Year Built: 1850
  • Architectural Style: Traditional, 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: 21
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2,114
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $19,110.00
  • Tax Year: 2025

Interior

Measurements

  • Living Area: 4,512
  • Living Area Source: Assessor

Other

Location

  • Tax Lot: 186

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Hot Water
  • 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 423 Spruce Street.

What are the annual taxes for 423 Spruce Street?

Annual taxes for this multi-family home are estimated at $19,110.

How does 423 Spruce Street compare to other multi-family homes in Society Hill?

This multi-family home is listed 22% above the average price for multi-family homes in Society Hill and has been on the market for 156 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 4,512 sqft.

423 Spruce Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19106. Available on Prevu for 2 days at $1,395,000. This property features 4,512 square feet of living space, located in Society Hill. The median listing price for multi-family homes in this area is $999,500. View other multi-family home listings in Philadelphia.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.