423 Spruce St, Philadelphia, PA 19106
Local realty services provided by:ERA Martin Associates
423 Spruce St,Philadelphia, PA 19106
$1,395,000
- 8 Beds
- - Baths
- 4,512 sq. ft.
- Multi-family
- Active
Listed by: ksenia a scorsolini, karrie gavin
Office: elfant wissahickon-rittenhouse square
MLS#:PAPH2572602
Source:BRIGHTMLS
Price summary
- Price:$1,395,000
- Price per sq. ft.:$309.18
About this home
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.
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Home facts
- Year built:1850
- Listing ID #:PAPH2572602
- Added:22 day(s) ago
- Updated:February 12, 2026 at 11:33 PM
Rooms and interior
- Bedrooms:8
- Living area:4,512 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Hot Water, Natural Gas
Structure and exterior
- Year built:1850
- Building area:4,512 sq. ft.
- Lot area:0.05 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,395,000
- Price per sq. ft.:$309.18
- Tax amount:$19,110 (2025)
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