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New construction
  • $1,150,000

    2409 Ridge Ave, Philadelphia, PA 19121

    9beds
    9baths
    1sqft
    : 
    $7,251/mo
    Get pre-qualified
    Townhouse
    Built in 2021
    -- sqft lot
    $-- Zestimate®
    $1,150,000/sqft
    $-- HOA

    What's special

    Thoughtful layoutsHigh-end modern finishesOversized kitchensDramatic windowsFull-size laundrySmart-home convenienceHigh ceilings
    Two Properties- 2409 Ridge Ave & 2404 W Montgomery Ave. A standout opportunity to own two separate newer-construction buildings being sold together at 2409 Ridge Avenue and 2404 W. Montgomery Avenue. Built just five years ago, this unique five-unit offering includes a triplex on Ridge Avenue and a duplex on Montgomery Avenue, with approximately five years remaining on the Philadelphia tax abatement. The property consists of four 2-bedroom, 2-bath residences and one impressive 3-bedroom, 3-bath residence, with only one of the five units currently vacant. Inside, the residences feature high-end modern finishes, huge windows, expansive living spaces, high ceilings, oversized kitchens, gas cooking, and full-size laundry. Every unit is equipped with Nest thermostats, wired intercom/security systems, and built-in speaker wiring, bringing smart-home convenience throughout the property, including a penthouse with a massive private roof deck and Center City views, plus another spectacular roof deck serving the Montgomery Avenue building. Outdoor space, dramatic windows, and thoughtful layouts give these apartments the kind of features that consistently stand out in the rental market. Located near Temple University, Center City, Brewerytown, Sharswood, and Philadelphia's historic attractions, this is a rare chance to acquire a mostly occupied, newer-construction five-unit investment spread across two completely separate buildings. Both properties are being sold together.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Colby Wallace 267-616-3408,

    Mercury Real Estate Group (215) 462-5100

    Source: Bright MLS,MLS#: PAPH2666900MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 9
      Heating
      • Central, Natural Gas
      Cooling
      • Central Air, Natural Gas
      Appliances
      • Included: Gas Water Heater
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 1
      • Total interior livable area: 1 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 1,117 Square Feet
      Details
      • Additional structures: Above Grade
      • Parcel number: 472089600
      • Zoning: CMX2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Townhouse
      Materials
      • Brick, Stick Built
      • Foundation: Slab
      Condition
      • Excellent
      • New construction: Yes
      • Year built: 2021

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Sharswood
      Location
      • Region: Philadelphia
      • Municipality: PHILADELPHIA

      Financial & listing details

      • Price per square foot: $1,150,000/sqft
      • Tax assessed value: $57,700
      • Annual tax amount: $807
      • Date on market: 9/3/2026
      • Listing agreement: Exclusive Agency
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 94800
      • Income includes: Apartment Rentals

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/3/2019Listing removed$150,000$150,000/sqft
        Source: Keller Williams Real Estate #PAPH507846 Report a problem
        2/5/2019Price change$150,000-9.1%$150,000/sqft
        Source: Keller Williams Real Estate #PAPH507846 Report a problem
        1/22/2019Price change$165,000-5.7%$165,000/sqft
        Source: Keller Williams Real Estate #PAPH507846 Report a problem
        1/4/2019Listed for sale$175,000+600%$175,000/sqft
        Source: Keller Williams Real Estate-Bl #PAPH507846 Report a problem
        8/15/2018Sold$25,000+2%$25,000/sqft
        Source: Public Record Report a problem
        7/15/2018Pending sale$24,500$24,500/sqft
        Source: HomeSmart Realty Advisors #7174111 Report a problem
        5/9/2018Price change$24,500-10.9%$24,500/sqft
        Source: HomeSmart Realty Advisors #1000482662 Report a problem
        5/3/2018Listed for sale$27,500$27,500/sqft
        Source: HomeSmart Realty Advisors #1000482662 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$808 +861.6%$57,700 +861.7%
        2024$84 $6,000
        2023$84 $6,000
        2022$84 --
        2021$84 --
        2018$84 --
        2017$84 --
        2016$84 --
        2015$84 --
        2014$84 $6,000 +234.8%
        2012-- $1,792
        2011-- $1,792
        2010-- $1,792
        2009-- $1,792
        2008-- $1,792 +366.7%
        2007-- $384 +9.1%
        2006-- $352
        2005-- $352
        2004-- $352
        2003-- $352
        2002-- $352
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: North Central

        Getting around

        64 / 100
        Good Transit

        Nearby schools

        GreatSchools rating
        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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