Attention investors, 1824 Ridge avenue is a fully occupied, mixed-use investment property located along the highly trafficked Ridge avenue corridor in Philadelphia. This 6 years old asset consists of 4 total units, including 3 residential apartments all units are: 2 bedrooms and 2 full bath, hardwood floor throughout, Central HVAC, in unit washer/dryer. The top unit has private roof access for extra outdoor space while backyard can be use as community space to be share with unit 1 and unit 2. The ground-floor commercial space with finished basement, offering diversified income in a strong urban location. The building totals approximately 5,100 SF and is zone CMX 2.5, allowing for flexible commercial and mixed-use opportunities. With 100% occupancy, the property provides immediate cash flow and long-term upside through rental growth and value-add potential. Positioned in a rapidly developing area with excellent visibility, public transportation access, and proximity to Temple University, Center City and surrounding neighborhoods, this asset is well-suited for investors seeking stable income in a core Philadelphia market.
For sale
Price cut: $32K (6/6)
$948,000
1824 Ridge Ave, Philadelphia, PA 19130
4beds
7baths
5,100sqft
Townhouse
Built in 2019
-- sqft lot
$929,400 Zestimate®
$186/sqft
$-- HOA
What's special
- 55 days |
- 155 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Andrew Cheng 267-506-7100,
Keller Williams Realty - Cherry Hill 8563211212
Source: Bright MLS,MLS#: PAPH2614322
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 7
Basement
- Area: 0
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Electric Water Heater
Features
- Windows: Casement, Energy Efficient
- Basement: Finished,Heated
- Has fireplace: No
Interior area
- Total structure area: 5,100
- Total interior livable area: 5,100 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Doors
Features
- Patio & porch: Roof, Deck
- Pool features: None
Lot
- Size: 1,844 Square Feet
- Dimensions: 19.00 x 99.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 471270710
- Zoning: CMX2.5
- Special conditions: Standard
- Other equipment: Intercom
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Townhouse
Materials
- Block, Concrete, Combination
- Foundation: Block
Condition
- Excellent
- New construction: No
- Year built: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Electric Alarm
- Subdivision: Francisville
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $186/sqft
- Tax assessed value: $321,900
- Annual tax amount: $4,506
- Date on market: 4/29/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,1031 Exchange,FHA
- Ownership: Fee Simple
- Total actual rent: 77280
- Income includes: Apartment Rentals, Professional Offices
Estimated market value
$929,400
$883,000 - $976,000
$2,036/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/6/2026 | Price change | $948,000-3.3%$186/sqft |
Source:  Bright MLS #PAPH2614322 Report a problem | ||
| 4/30/2026 | Listed for sale | $980,000+23.6%$192/sqft |
Source: Bright MLS #PAPH2614322 Report a problem | ||
| 5/4/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/2/2023 | Listed for rent | $1,800+2.9% |
Source: Zillow Rentals Report a problem | ||
| 5/6/2021 | Listing removed | -- |
Source:  Keller Williams Report a problem | ||
| 4/21/2021 | Listed for rent | $1,750 |
Source: Keller Williams #PAPH1009070 Report a problem | ||
| 11/27/2019 | Sold | $793,000-9.4%$155/sqft |
Source: Public Record Report a problem | ||
| 9/23/2019 | Listed for sale | $875,000-27.1%$172/sqft |
Source: Keller Williams Philly #PAPH836056 Report a problem | ||
| 5/10/2019 | Listing removed | $1,200,000$235/sqft |
Source: BHHS Fox & Roach-Center City W #1002254732 Report a problem | ||
| 8/16/2018 | Listed for sale | $1,200,000+585.7%$235/sqft |
Source: BHHS Fox & Roach-Center City W #1002254732 Report a problem | ||
| 12/21/2017 | Sold | $175,000$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,506 +2454.8% | $321,900 +2454.8% |
| 2024 | $176 | $12,600 |
| 2023 | $176 | $12,600 |
| 2022 | $176 | -- |
| 2021 | $176 | -- |
| 2018 | $176 | -- |
| 2017 | $176 | -- |
| 2016 | -- | -- |
| 2015 | -- | -- |
| 2014 | -- | $12,600 +42.1% |
| 2012 | -- | $8,864 |
| 2011 | -- | $8,864 |
| 2010 | -- | $8,864 |
| 2009 | -- | $8,864 |
| 2008 | -- | $8,864 +5440% |
| 2007 | -- | $160 |
| 2006 | -- | $160 |
| 2005 | -- | $160 |
| 2004 | -- | $160 |
| 2003 | -- | $160 |
| 2002 | -- | $160 |
| 2000 | -- | $160 |
| 1999 | -- | $160 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Francisville
Nearby schools
GreatSchools rating
- 7/10Bache-Martin SchoolGrades: PK-8Distance: 0.4 mi
- 2/10Franklin Benjamin High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- District: The School District Of Philadelphia
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
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