2039 Spruce Street Philadelphia, PA ^$ 850,000

2039 Spruce Street

^$ 850,000

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2039 Spruce Street

Philadelphia, PA, 19103

^$ 850,000

Bedrooms-- Baths-- Sq 4,828

Monthly Estimate*

^$ 5,303

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Commercial Property for sale in Philadelphia, PA

for $850,000. This 4,828 square foot building was built in 1890 on a lot size of 0.04.

Rare opportunity to own a historic property on one of Rittenhouse Squares most desirable, tree-lined blocks. This classic Spruce Street home is currently configured as a nine-unit multifamily building, consisting of five studios and four one-bedroom apartments. Ideal for a renovate-and-hold investment strategy with strong rental upside or opportunity for conversion to a grand single-family residence Recent improvements include a new steam boiler ($13k+), a new plumbing stack, and new plumbing installed throughout. Surrounded by some of Philadelphias finest homes and just steps from Rittenhouse Square, world-class dining, shopping, and cultural attractions.

Commercial Active

Price

^$ 850,000

Property Type

Commercial

Taxes

^$ 20,519

Style

Apartment Building

Lot Size

0.04

Year Built

1890

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2567180

Features

Interior

Heating Fuel Natural Gas

Hot Water Natural Gas

Heating Y/N Y

Central Air Y/N N

General

Sewer Public Sewer

Heating Steam Radiator

Cooling Wall Unit Window Unit(s)

Possession Immediate

Zoning RM1

Construction Materials Masonry

Year Built 1890

Property Subtype Five Or More Units

Tax Year 2025

Ownership Fee Simple

Cool Fuel Electric

Municipality PHILADELPHIA

Business Type Apartment Building

Accessibility None

County PHILADELPHIA

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions Between 20th & 21st Street

City PHILADELPHIA

Number Of Units Total 9

MLS Area 19103 (19103)

Lot Size Units Square Feet

Lot Size Square Feet 1934.00

Tax Annual Amount 20519.0

Property Condition Major Rehab Needed

Price Per Sq Ft Total AG 176.06

Vacation Rental Y/N N

Standard Status Active

Year Built Source Assessor

Tax Lot 199

Exterior

Water Source Public

Type of Parking On Street

Water View Y/N N

Building Area Total 4828.00

Lot Dimensions 20.00 x 97.00

Lot Size Acres 0.04

Lot Size Source Assessor

Waterfront Y/N N

Land Assessed Value 439770.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 2039

* Excluded Features

List By

Kw Empower

Broker

jengrosskopf@gmail.com

Affordability Calculator

$7,013

Per Month

Monthly Principal & Interest: $5,303
Monthly Property Taxes: $1,710
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Philadelphia, PA

Average List Price ^$1,089,627

Percent of Sale Price 28%

About Philadelphia, PA

1,588,239 Population

5% Since 2002

^$42,223 Median Income

36 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/19/2025	$850,000		Listed Price

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2039 Spruce Street, Philadelphia, PA, 19103 is a Commercial Property for sale at $850,000 with 4,828 sqft and a lot size of 0.04. 2039 Spruce Street was built in 1890. The property's zip code is 19103 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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2039 Spruce Street

Commercial Property for sale in Philadelphia, PA

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