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Sold for $535,000 on 07/25/25
  • $535,000

    15 W Ridley Ave, Ridley Park, PA 19078

    5beds
    5baths
    3,504sqft
    Quadruplex
    Built in 1900
    -- sqft lot
    $570,600 Zestimate®
    $153/sqft
    $2,324 Estimated rent

    Home value

    $570,600

    $542,000 - $599,000

    $2,324/mo

    Zestimate® history
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    What's special

    Tucked into one of the most desirable suburban neighborhoods, this beautifully maintained five-unit property offers both timeless character and reliable income—an ideal combination for any investor. Located on a quiet, tree-lined street surrounded by well-kept homes and a welcoming community, it blends residential charm with strong investment fundamentals. Set on a generous and well-kept piece of land, the property features classic curb appeal along with the potential for two dedicated parking spots—an added convenience for tenants and a valuable perk for long-term ownership. Inside, the building is well taken care of, with clean, well-lit common hallways and original wood handrails that bring warmth and historic charm to the space. The unit mix includes two spacious two-bedroom apartments, one one-bedroom unit, and two studios—each self-contained and thoughtfully updated to attract quality tenants. A shared community basement offers convenient on-site laundry and additional storage, further enhancing the tenant experience. With all units currently leased and generating approximately $66,600 in annual rental income, this is a true turnkey investment offering immediate cash flow. Its unbeatable location near parks, schools, shopping, and major commuter routes makes it an incredibly rare opportunity in a high-demand area—perfect for investors seeking a low-maintenance property with long-term value.

    Zillow last checked: 8 hours ago

    Listing updated: August 13, 2025 at 08:57am

    Listed by:

    Jack Gauntlett 610-756-0158,

    KW Empower,

    Co-Listing Agent: Javon Monique Palmer 610-708-0207,

    KW Empower

    Bought with:

    William Holder, 2077526

    RE/MAX Classic

    Kirk Bazile

    RE/MAX Classic

    Source: Bright MLS,MLS#: PADE2089012MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Basement
    • Area: 0
    Heating
    • Hot Water, Natural Gas
    Cooling
    • None, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Ceiling Fan(s)
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 3,504
    • Total interior livable area: 3,504 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Gravel, Driveway
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 8,276 sqft
    • Dimensions: 88.00 x 120.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 37000174400
    • Zoning: RES
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Quadruplex
    Materials
    • Aluminum Siding
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available

    Community & neighborhood

    Location
    • Region: Ridley Park
    • Municipality: RIDLEY PARK BORO

    HOA & financial

    Other financial information
    • Total actual rent: 66600

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals, Laundry
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/25/2025Sold$535,000-10.8%$153/sqft
    Source: Bright MLS #PADE2089012
    6/30/2025Contingent$600,000$171/sqft
    Source: Bright MLS #PADE2089012
    5/3/2025Listed for sale$600,000+140%$171/sqft
    Source: Bright MLS #PADE2089012
    8/2/2007Sold$250,000$71/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2025$11,489 +24.7%$314,910
    2024$9,214 -11.9%$314,910
    2023$10,454 +4%$314,910

    Find assessor info on the county website

    Neighborhood: 19078

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Ridley

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
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    $570,600
    2% more+ $11,412
    With Zillow Showcase(estimated)
    $582,012