1805 Chestnut St

Baths
5,000 Sq. Ft.
$750 / Sq. Ft.
5,000
Sq. Ft.
$750
per Sq. Ft.

Description

Investment opportunity with excellent passive income that has been tastefully renovated and well maintained. A multi-unit building in prime Rittenhouse Square, Philadelphia zoned CMX5. Fully occupied with 4 apartments and one flagship retail tenant who has approximately nine years remaining on a recently extended lease.
Total Operating Revenue Annually:$251,032
Total Operating Expenses Annually: $49,103
Total NET OPERATING INCOME: $201,930
Investment opportunity with excellent passive income that has been tastefully renovated and well maintained. A multi-unit building in prime Rittenhouse Square, Philadelphia zoned CMX5. Fully occupied with 4 apartments and one flagship retail tenant who has approximately nine years remaining on a recently extended lease.

Total Operating Revenue Annually:$251,032

Total Operating Expenses Annually: $49,103

Total NET OPERATING INCOME: $201,930

Listing Agents

  1. Brett Caspi

    Brett Caspi

    Listing Agent

    Compass

    brett.caspi@compass.com

    P: (516)-633-6106

  2. Bruno Pouget

    Bruno Pouget

    Alternative Listing Agent

    Compass

    bruno.pouget@compass.com

    P: (215)-990-9525

Property Details for 1805 Chestnut Street

Tax ID Number
871004650
Ownership
Fee Simple
Structure Type
Over Storefront
Style
Other
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Total Parking Spaces
0
LISTING UPDATED: 01/13/2026 02:45 PM

Property Details for 1805 Chestnut Street

StatusActive
MLS #PAPH2574212
Days on Market2
Taxes$18,901 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.05 AC / 2,000 SF
CountyPhiladelphia County
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Building Information for 1805 Chestnut Street

Stories-Residences4Year Built1900Building Size-Lot Size0.05 AC / 2,000 SF

Payment Calculator

$19,852 per month

30 year fixed, 6.15% Interest

Principal and Interest

$18,277

Property Taxes

$1,575

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1805 Chestnut Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19103 (19103)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2026
  • Tax Assessed Value: $1,350,300
  • Zoning: CMX5
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 3
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
Multi Family
Unit 1
  • Type: Unit 3
  • Level: 2
  • Unit Type Finished SQFT: 750
  • Unit Type Features: 1-bedroom, 1-bathroom
Unit 2
  • Type: Unit 2
  • Unit Type Finished SQFT: 800
  • Unit Type Features: Bi-level 1-bedroom, 2-bathroom with private deck
Unit 3
  • Type: Unit 4
  • Level: 3
  • Unit Type Finished SQFT: 1400
  • Unit Type Features: Bi-level 2-bedroom, 2.5-bathroom with private roof deck
Unit 4
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Finished SQFT: 650
  • Unit Type Features: Renovated 1-bedroom, 1-bathroom
Unit 5
  • Type: Unit 5
  • Unit Type Finished SQFT: 1800
  • Unit Type Features: Ground floor retail tenant with basement
Financial Information
Expenses
  • Operating Expense: $49,103
Financial Information
  • Net Operating Income: $201,930
  • Cap Rate: 5.50
Building Info
Building Info
  • Year Major Reno Remodel: 2024
  • Building Level Count: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 20.00 x 100.00
  • Lot Dimensions Source: Estimated
  • Parcel ID: 1413789
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Accessibility Features: 32"+ wide Doors
Exterior Features
Exterior Features
  • Outdoor Living Structures: Terrace, Roof
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: No Septic System
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 1805 Chestnut Street

DateEvent & SourcePriceAppreciation
Jan 13, 2026

Listed (Active)

BRIGHT #PAPH2574212

$3,750,000
Nov 7, 2025

Expired

BRIGHT #PAPH2495850

Jun 18, 2025

Listed (Active)

BRIGHT #PAPH2495850

$3,950,000
Apr 2, 2014

Closed (Public Record)

Public Record #412834960

$2,235,000
Sep 17, 2007

Expired

BRIGHT #PAPH666302

$2,250,000
Jan 17, 2007

Listed (Active)

BRIGHT #PAPH666302

$2,250,000
DateEvent & SourcePrice
01/13/2026

Listed (Active)

BRIGHT #PAPH2574212

$3,750,000
11/07/2025

Expired

BRIGHT #PAPH2495850

06/18/2025

Listed (Active)

BRIGHT #PAPH2495850

$3,950,000
04/02/2014

Closed (Public Record)

Public Record #412834960

$2,235,000
09/17/2007

Expired

BRIGHT #PAPH666302

$2,250,000
01/17/2007

Listed (Active)

BRIGHT #PAPH666302

$2,250,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1805 Chestnut Street

Taxable ValueLand$270,060Additions$1,080,240Total$1,350,300
Tax Record2025$18,902 ($1,575 / month)
Home Facts
Total Finished SqFt4,442 SqFtAbove Grade Finished SqFt4,442 SqFtStories4Lot Size2,000 SqFtStyleOffice BuildingYear Built1900ZoningCMX5CountyPHILADELPHIAAPN87-1-0046-50

Schools near 1805 Chestnut Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 12
Public - 5 to 12
Rating
School
Distance
Greenfield Albert M School
PublicK to 8

Franklin Benjamin High School
Public9 to 12

Masterman Julia R Secondary School
Public5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1805 Chestnut Street is a multi-family home for sale in Philadelphia, PA 19103. This property was listed for sale on January 13, 2026 by Compass, it's currently listed at $3,750,000. It has been on the market for a total of 2 days and was last sold on April 2, 2014. This listing's school district is The School District of Philadelphia. Nearby schools include Greenfield Albert M School, Franklin Benjamin High School and The School District of Philadelphia's Virtual Academy. 1805 Chestnut Street is a 0-bed, 0-bath, 5,000 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.