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Turnkey income in one of Philadelphia’s most in-demand neighborhoods. 1809 Pine Street is a fully leased, updated 7-unit apartment building with parking just steps from Rittenhouse Square. A rare chance to own a stabilized asset on one of Center City’s most beautiful tree-lined blocks. The heavy lifting is done. The building has been thoughtfully updated and impeccably maintained, and every unit is leased through mid 2027. A new owner can step in with in-place cash flow and no lease-up risk. There are 2 parking spaces in addition to 7 one bed, one bath apartments. All have central air, some with in-unit laundry. The top floor includes a roof deck, and all have a basement storage locker. The building has separate utilities, and current fire and lead certs. Location is first rate. Residents are a short walk from Rittenhouse Square, Fitler Square, Schuylkill River Trail, Walnut Street shopping and dining, and easy access to University City and the major hospital and university employers. Rent roll, expenses and lease details available to qualified buyers upon request. All showings by appointment only.

Highlights

  • Commercial Sale
  • Built in 1890
  • 0.05 Acre Lot
  • 41 days on Market

  • Year Built
    1890
  • Stories
    4.0
  • Construction Materials
    Brick
  • Foundation
    Stone
  • Parking Features
    Driveway
  • Flooring
    Hardwood, Ceramic Tile
  • Cooling
    Central Air, Electric, Wall Unit(s)
  • Heating
    Natural Gas, Radiant

  • Acres
    0.05
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of ?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to .

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about ?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,990,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Philadelphia, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for ?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for at around $12,677. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy ?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Philadelphia County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for ?

In most cases, yes. Whether is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Philadelphia's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on ?

We can handle that for you. Our preferred local agent specializes in commercial sales in Philadelphia and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,990,000 with 5,654 sqft of space—that comes out to approximately $352 per square foot.

How long has this property been on the market?

was listed on September 29, 2026, which means it's been on the market for 41 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1890, making it approximately 136 years old.

What is the lot size of this property?

sits on a 0.05-acre lot, which is 2,178 square feet.

What are the property taxes for ?

The most recent public record shows annual property taxes for were approximately $16,229. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Bright. All rights reserved.

Last Updated: November 09, 2026 at 10:01AM | Source: Bright | MLS#: PAPH2677318