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423 Spruce St
For Sale $1,395,000 ($309.18 per Sq Ft)
$1,395,000 ($309.18 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 4,512 Sq Ft
- 2,114 Sq Ft
Description
Unique opportunity to own a fully occupied 4-unit (quad) multifamily property in the heart of Society Hill, one of Philadelphia's most historic and sought-after neighborhoods. 423 Spruce Street features four spacious 2-bedroom units, each offering strong rental appeal in a high-demand location. This property is 100% occupied, providing immediate cash flow and stability for investors. Units offer well-proportioned layouts and abundant natural light, ideal for long-term tenants seeking the charm and convenience of urban living. Located on picturesque Spruce Street, the property also includes a rare 2-car parking gated carport, a highly desirable amenity in Society Hill. Residents enjoy walkable access to Old City, Washington Square, Penn's Landing and Center City, along with top restaurants, boutiques, parks, and public transportation. Society Hill's consistent demand and limited housing supply make this an exceptional opportunity for both seasoned investors and owner-occupants seeking a premier multifamily asset - a lucrative addition to any portfolio in one of Philadelphia's most enduring and desirable neighborhoods.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,395,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 4,512 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1850 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 051140900 |
| MLS # | PAPH2572602 |
| Property ID | 322540488 |
| Lot Sqft | 2,114 |
| Zoning | RM1 |
| Total Units | 4 |
| Days on Market | 12 |
| Original List Price | Unknown |
| Date Updated | February 03, 2026 |
| Date Created | January 27, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $102,300 | $0 |
Listing Provided By
Ksenia A Scorsolini an agent of Elfant Wissahickon-Rittenhouse Square. Lic #RS330475
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Data last updated: February 08, 2026.
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Robert Crawford
REAL ESTATE AGENT