A rare opportunity to buy in one of Philadelphia's most enduring and high-demand neighborhoods. This striking 3-story masonry rowhome occupies a corner position just one block off bustling Passyunk Avenue — one of South Philadelphia's most celebrated corridors, known for its award-winning restaurants, cafés, boutique shops, and locally owned businesses that keep foot traffic and rental demand consistently strong. Outdoor enthusiasts will appreciate the proximity to FDR Park, and commuters will love the quick access to the Broad Street Line and SEPTA, offering an easy ride to Center City, the stadiums, and major transit connections throughout the region. The building offers approximately 2,016 square feet above grade plus a basement and is currently generating income as a multi-unit investment property. Units were thoughtfully updated approximately 5 years ago — kitchens and baths vary by unit but reflect genuine investment, with highlights including stylish black and white subway tile baths and well-appointed kitchens with updated cabinetry and countertops. Electric is separately metered by unit, keeping operating costs lean and management straightforward. Current rents are well below market, giving a new owner significant upside potential from day one. Three one bedroom, one bathroom units, and two studio units. One studio unit with private side entrance. All but one unit are currently occupied with tenants on month-to-month leases, delivering immediate cash flow while affording a new owner complete flexibility to reposition, reconfigure, or re-tenant the property entirely on their own terms. Financials available upon request. Opportunities like this in this location don't come along often. Schedule your showing today! Seller will not make repairs. Buyer is responsible for Use & Occupancy certificate and all due diligence.
Coming soon 03/28
$520,000
1427 W Ritner St, Philadelphia, PA 19145
5beds
--baths
2,016sqft
Est.:
Townhouse
Built in 1920
-- sqft lot
$-- Zestimate®
$258/sqft
$-- HOA
What's special
- 22 hours |
- 65 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: 18 hours ago
Listed by:
Matthew Bigelow 856-669-1460,
KW Empower 215-627-3500,
Listing Team: Venture Philly Group, Co-Listing Team: Venture Philly Group,Co-Listing Agent: Antonio Atacan 215-592-9522,
KW Empower
Source: Bright MLS,MLS#: PAPH2592318
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 0
Heating
- Forced Air, Electric
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 2,016
- Total interior livable area: 2,016 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 960 Square Feet
- Dimensions: 16.00 x 60.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 261024400
- Zoning: RSA5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $258/sqft
- Tax assessed value: $413,300
- Annual tax amount: $5,785
- Date on market: 3/28/2026
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
Price history is unavailable.
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,971/mo
Principal & interest
$2564
Property taxes
$407
More affordability tools
Climate risks
Neighborhood: Girard Estates
Nearby schools
GreatSchools rating
- 6/10Girard Stephen SchoolGrades: K-4Distance: 0.4 mi
- 4/10Bregy F Amedee SchoolGrades: PK-8Distance: 0.5 mi
- 3/10South Philadelphia High SchoolGrades: PK,9-12Distance: 0.2 mi
Schools provided by the listing agent
- District: Philadelphia City
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 19145
- Pennsylvania
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- 19145
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- 1427 W Ritner St








