Philippstraße 33

An imposing apartment building from 1909 in Karlsruhe-Mühlburg, with ten residential units and a solid foundation.

Year Built

1909

Rental Space

662 m²

Residential Units

10

Acquisition

2022

Historic buildings from the Gründerzeit era in Karlsruhe’s urban housing market with a stable income base

The property at Philippstraße 33 was built in 1909 in the Mühlburg district of Karlsruhe and is located not far from Ludwig-Marum-Straße, with direct access to the tram network (Line 2) heading toward downtown Karlsruhe. The building has four full stories, a converted attic, and a full basement on a lot measuring 298 m².

Since its acquisition by the Koehler Group in December 2022, the property has been modernized and a new fiber-optic connection has been installed. All ten residential units are leased, and the contractually guaranteed annual net rent (excluding utilities) has increased significantly since the acquisition.