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Residential Income Building
For Sale
$2,330,000

265 S 22nd St, Philadelphia, PA 19103

Multifamily property in Rittenhouse Square with strong attention to detail and abundant natural light.

Property SizeContact for details
Days on Market50

Property Features for 265 S 22nd St

General Information

Standard status Active
Property subtype Multifamily

Building Details

Year Built 1920
Listing Agency: MPN Realty, Inc.
Listed By: Veronica Blum · License #RS290724
Source: Mpnrealty
Added: Jun 25 Changed: Jul 10 Last Checked: Aug 12 at 4:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MPN Realty, Inc.

Investment Insights

Based on property information with market context.

This multifamily residential income building offers a combination of well-regarded condition and distinctive interior detail, with an emphasis on natural light throughout. The overall presentation is described as fantastic, with characteristics that support a turn-key housing option for future occupants or an owner-operator seeking a well-maintained asset.

The property is located in Rittenhouse Square, where the remarks note proximity to 22nd Street. This central positioning is intended to serve tenants and buyers looking for a residential setting near one of Philadelphia’s most recognizable destinations.

From a practical standpoint, the building’s multifamily structure and strong condition make it a workable fit for buyers pursuing a residential income portfolio. Prospective tenants or owners should find the natural light and overall finishes consistent with a residential offering designed to feel comfortable and appealing day to day. Further diligence on unit configuration and current income details would be advisable for underwriting and leasing planning.

Key Highlights

  • Multifamily building in Rittenhouse Square, located at Manning and 22nd Street
  • Built in 1920
  • Noted for abundant natural light

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Butcher Tanning Salon Fish Market Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

16,339
Businesses Nearby

Demographics for 19103, PA

28,717
Population
20,064
Households
1.4
Avg Household Size
36
Median Age
81%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
47,862
Density / Sq Mi
$97,940
Median Household Income
$76,680
Median Earnings
$1,955
Median Rent
$551,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily property in Rittenhouse Square with strong attention to detail and abundant natural light.
Where is this multifamily property located?
The property is located at 265 S 22nd St Philadelphia, PA.
What is the asking price?
The asking price for this property is $2,330,000.
What are key features of this property?
This property features: Multifamily building in Rittenhouse Square, located at Manning and 22nd Street; Built in 1920; Noted for abundant natural light
More about this property
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