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2047 Locust St, 
Philadelphia, PA 19103

$1,875,000


Bed


Bath


3,400

Sq Ft


Multi-Family

Active

Last updated:

August 1, 2025, 01:27 PM

MLS#

PAPH2511720

Source:

BRIGHTMLS

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About This Home

2047 Locust St

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!

Home Facts

Multi-Family

Built in 1900

Price Summary

1,875,000

$551 per Sq. Ft.

MLS #:

PAPH2511720

Last Updated:

August 1, 2025, 01:27 PM

Added:

4 day(s) ago


Structure

Structure

Architectural Style:

Converted Dwelling

Building Area:

3,400 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

1,742


Finances & Disclosures

Finances

Price:

$1,875,000

Price per Sq. Ft:

$551 per Sq. Ft.

2047 Locust St
Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.