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
$948,000
1824 Ridge Ave, Philadelphia, PA 19130
4beds
7baths
5,100sqft
Townhouse
Built in 2019
-- sqft lot
$930,500 Zestimate®
$186/sqft
$-- HOA
What's special
- 148 days
- 91
- 7
Zillow last checked:
Listing updated:
Listed by:
Andrew Cheng 267-506-7100,
Keller Williams Realty - Cherry Hill 8563211212
Source: Bright MLS,MLS#: PAPH2614322
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
$930,500
$884,000 - $977,000
$2,751/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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Francisville
Nearby schools
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.
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