2047 Locust St

Philadelphia, PA 19103

$1,875,000
Price
—
Beds
—
Baths
3,400 Sq. Ft.
$551 / Sq. Ft.
3,400
Sq. Ft.
$551
per Sq. Ft.
Virtual Tour
Virtual Tour
Exterior Front
Exterior Front
Street View
Lobby Area
Lobby Area
Front Desk
1st Floor
1st Floor
Kitchen Area
Kitchen Area
1st Floor Conference Room
1st Floor Conference Room
1st Floor Half Bathroom
The 2nd 1st Floor Half Bathroom
2nd Floor Main Office
2nd Floor Main Office
2nd Floor Main Office
Alcove off Main Office 2nd Floor
2nd Floor Office
2nd Floor Office
2nd Floor Office
2nd Floor Office
3rd Floor Half Bathroom
3rd Floor Office
3rd Floor Office
3rd Floor Office
3rd Floor Office
3rd Floor Office
3rd Floor Office
3rd Floor Office
4th Floor Office
Exterior Rear-Parking

Description

Versatile Income-Producing Property in the Heart of Rittenhouse Square! Welcome to this charming and uniquely special property located just a block and a half from the iconic Rittenhouse Square Park! Perfectly positioned in one of Philadelphia’s most sought-after neighborhoods, this RM1-zoned gem offers exceptional versatility and investment potential. Whether you're seeking a multi-family conversion, a luxurious single-family residence, or continuing its current approved use as an elegant professional...Versatile Income-Producing Property in the Heart of Rittenhouse Square! Welcome to this charming and uniquely special property located just a block and a half from the iconic Rittenhouse Square Park! Perfectly positioned in one of Philadelphia’s most sought-after neighborhoods, this RM1-zoned gem offers exceptional versatility and investment potential. Whether you're seeking a multi-family conversion, a luxurious single-family residence, or continuing its current approved use as an elegant professional office building, the possibilities are endless. Currently configured as a fully operational office space with multiple business tenants, this property provides a steady stream of income. There is a total of 8 office units throughout the 2nd, 3rd and 4th floors. 3 of the 8 units are tenant occupied, and the other units are owner occupied. As you enter the first floor and you’ll find an attorney’s office featuring a welcoming reception area, front desk, kitchen space, two half bathrooms, and a spacious conference room. The second floor boasts a large main office with a fireplace and an alcove off this office along with two additional private offices. The third floor offers three more offices, including another with a fireplace, plus an additional half bath. On the fourth floor, you’ll find two more offices ideal for a variety of uses. The full basement offers generous storage space, while the dual-zoned HVAC system ensures comfort throughout. The customized windows installed just a few years ago provide both efficiency and aesthetic appeal. 3+ car parking at the rear of the property is a great bonus! Don’t miss this rare opportunity to own a piece of Philadelphia history with this truly flexible and income-producing property in one of Philadelphia’s most prestigious locations!
  1. Listed by David Scialanca • Coldwell Banker Realty
    P: (215)-582-0309 davidscialanca@yahoo.com

Property Details for 2047 Locust Street

Tax ID Number
883335010
Ownership
Fee Simple
Structure Type
Other
Style
Converted Dwelling, Other
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Total Parking Spaces
3
LISTING UPDATED: 12/09/2025 03:07 PM

Property Details for 2047 Locust Street

StatusActive
MLS #PAPH2511720
Days on Market146
Taxes$11,920 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.04 AC / 1,620 SF
CountyPhiladelphia County

Location

Listing Courtesy of Coldwell Banker Realty
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Virtual Tour

Building Information for 2047 Locust Street

Stories-Residences4Year Built1900Building Size-Lot Size0.04 AC / 1,620 SF

Payment Calculator

$10,258 per month

30 year fixed, 6.28% Interest

Principal and Interest

$9,265

Property Taxes

$993

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2047 Locust 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
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $851,600
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $681,280
  • City Town Tax: $5,245
  • Land Assessed Value: $170,320
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: DD0
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RM1
  • Zoning Dscrp: Property is permitted to be used for commercial space on the first floor and 8 units on the additional 3 floors.
  • Tax Lot: 132
  • School Tax: $6,675
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 8
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Leased Count: 3
  • Number Of Units Vacant: 5
  • Number Of Units Month To Month: 3
  • Rent Control: No
Financial Information
Financial Information
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Level Count: 4
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 18.00 x 90.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1416902
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Parking Lot
  • Parking Lot - # of Spaces: 3
  • Parking Features: Asphalt Driveway, Free, Private
Interior Features
Interior Features
  • Fireplace: Yes
  • Fireplaces Count: 2
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 2047 Locust Street

DateEvent & SourcePriceAppreciation
Jul 28, 2025

Listed (Active)

BRIGHT #PAPH2511720

$1,875,000—
DateEvent & SourcePrice
07/28/2025

Listed (Active)

BRIGHT #PAPH2511720

$1,875,000

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

Public Records for 2047 Locust Street

Taxable ValueLand$170,320Additions$681,280Total$851,600
Tax Record2025$11,921 ($993 / month)
Home Facts
Total Finished SqFt3,400 SqFtAbove Grade Finished SqFt3,400 SqFtStories4Lot Size1,620 SqFtStyleOffice BuildingYear Built1900ZoningRM1CountyPHILADELPHIAAPN88-3-3350-10

Schools near 2047 Locust Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Greenfield Albert M School
Public - K to 8
Franklin Benjamin High School
Public - 9 to 12
Creative And Performing Arts
Public - 9 to 12
Academy At Palumbo
Public - 9 to 12
Rating
School
Distance
Greenfield Albert M School
PublicK to 8

Franklin Benjamin High School
Public9 to 12

Creative And Performing Arts
Public9 to 12

Academy At Palumbo
Public9 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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More information about 2047 Locust Street, Philadelphia, PA 19103

2047 Locust Street is a multi-family home for sale in Philadelphia, PA 19103. This property was listed for sale on July 28, 2025 by Coldwell Banker Realty, it's currently listed at $1,875,000. This listing's school district is The School District of Philadelphia. Nearby schools include Greenfield Albert M School, Franklin Benjamin High School and Creative And Performing Arts. 2047 Locust Street is a 0-bed, 0-bath, 3,400 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.

Listing Courtesy of Coldwell Banker Realty

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.