Nestled in the heart of Philadelphia's premier Rittenhouse Square neighborhood, 1712 Pine Street presents a rare, fully occupied multi-family asset primed for savvy investors. This stately 20-foot-wide property is a rental powerhouse boasting a 100% occupancy rate across its versatile collection of five charm-filled one-bedroom residences and two expansive two-bedroom layouts. Every unit is fully leased and showcases modernized kitchens, while tenants enjoy the added convenience of private basement storage lockers. Further elevating this Center City investment is the highly lucrative addition of dedicated two-car off-street parking. Location is paramount, and this address delivers unparalleled proximity to the sprawling campuses of UPenn and Drexel University, making it a natural magnet for graduate students and medical professionals. Residents will immerse themselves in a vibrant urban lifestyle, situated just a short stroll from the scenic lawns of Rittenhouse Square, artisanal cafes, high-end boutiques, and excellent transit links. Secure a premier piece of historic Philadelphia real estate that promises immediate cash flow and effortless tenant retention
Sold for $1,675,000
Zillow last checked:
Listing updated:
Bought with:
Rachel Street, RS321058
Compass RE
Source: Bright MLS,MLS#: PAPH2624092
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Sold | $1,675,000-11.8%$347/sqft |
Source:  Bright MLS #PAPH2624092 Report a problem | ||
| 6/11/2026 | Pending sale | $1,900,000$394/sqft |
Source: Bright MLS #PAPH2624092 Report a problem | ||
| 5/27/2026 | Listed for sale | $1,900,000$394/sqft |
Source: Bright MLS #PAPH2624092 Report a problem | ||
| 4/24/2026 | Listing removed | $1,900,000$394/sqft |
Source: Bright MLS #PAPH2583180 Report a problem | ||
| 10/24/2025 | Listed for sale | $1,900,000-2.6%$394/sqft |
Source: Bright MLS #PAPH2552330 Report a problem | ||
| 8/23/2025 | Listing removed | $1,950,000$404/sqft |
Source: Bright MLS #PAPH2461882 Report a problem | ||
| 3/25/2025 | Listed for sale | $1,950,000$404/sqft |
Source: Bright MLS #PAPH2461882 Report a problem | ||
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Estimated market value
$1,675,100
