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    22 E Rittenhouse St Philadelphia, PA 19144

    Under Contract
    For Sale
    $1,100,000

    MULTI_FAMILY - Contemporary - PHILADELPHIA, PA

    Property size:
    8,925 SF
    Lot size:
    0.10 Acres
    Days on Market:
    15
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 22 E Rittenhouse St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Parking
    4
    Parking features
    Garage - Attached
    Size
    8,925 SF
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2022
    Number of units
    4
    Building materials
    Vinyl Siding
    Architectural style
    Contemporary

    Coldwell Banker Preferred (215) 654-9494 [email protected]

    Listing agent Shaina Levin (215) 840-7500 License #RS347883

    Listing date Nov 21, 2025

    MLS# PAPH2509776 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Philadelphia Multifamily Investment Opportunity

    This newly constructed 6-unit multifamily building is located in one of Philadelphia's fastest-growing neighborhoods. The property offers a combination of modern luxury and investment potential. Each unit features high-end finishes, private balconies, and open-concept layouts. The building includes 4 covered parking spots, an oversized roof deck, and secure entry. The property has a 10-year tax abatement through 2032. The property size is 8925 Square Feet and the lot size is 0.1 acres. This fully occupied property offers rental income and low-maintenance appeal, presenting a turnkey opportunity for investors. The property is located in PHILADELPHIA, PA 19144.
    Property Profile Location Intelligence

    Current Use by Public Records

    Maple Village Apartment Building UUH Outreach Home Health Care Service Self Storage Facility Self-Storage Facility

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.17558
    Latitude
    40.03775

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    FAQs

    What type of property is this?
    Apartment building - New construction, fully occupied 6-unit building with tax abatement.
    Where is this apartment building located?
    The property is located at 22 E Rittenhouse St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - 10-year tax abatement through 2032; - Newly constructed 6-unit multifamily building; - Fully occupied with strong rental income
    (215) 840-7500
    Request Owner's contact information
    22 E Rittenhouse St Philadelphia, PA 19144
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22 E Rittenhouse St Philadelphia, PA 19144
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