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1824 Ridge AvenuePhiladelphia, PA 19130

For Sale

$980,000

Smart Buyer Rebate $9,800

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.

Listed by Andrew F Cheng

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License #RS3263312

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Keller Williams Realty

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2675067100

Last updated April 29, 2026

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Source: BrightMLS #PAPH2614322

Listing Facts

  • TypeMulti-family
  • NeighborhoodFrancisville
  • Days on Prevu2
  • Taxes$4,506/year
  • Size5,100 sqft
  • Price per sqft$192

Amenities

  • Dishwasher
  • Washer/Dryer

Location

Mortgage Calculator

Listing History

04/29/2026
Listed by Keller Williams Realty
$980,000

Property Details for 1824 Ridge Avenue

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 4
  • Property Condition: Excellent
  • Window Features: Casement, Energy Efficient
  • Year Built: 2019
  • Architectural Style: Contemporary
  • Construction Materials: Block, Concrete, Combination

Features

  • Other Structures: Above Grade, Below Grade
  • Patio And Porch Features: Roof, Deck(s)
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.04
  • Lot Size Dimensions: 19
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,844
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.0
  • Gross Income: $77,280.00
  • Operating Expense Includes: Insurance

Taxes

  • Tax Annual Amount: $4,506.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Fireplace: No

Measurements

  • Living Area: 5,100
  • Living Area Source: Estimated

Rooms

  • Basement: Fully Finished, Heated
  • Has Basement: Yes

Other

Features

  • Accessibility Features: 32"+ Wide Doors

Location

  • Subdivision Name: FRANCISVILLE
  • Tax Lot: 108

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: 90% Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1824 Ridge Avenue.

What are the annual taxes for 1824 Ridge Avenue?

Annual taxes for this multi-family home are estimated at $4,506.

How does 1824 Ridge Avenue compare to other multi-family homes in Francisville?

This multi-family home is listed 24% below the average price for multi-family homes in Francisville and has been on the market for 101 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,100 sqft.

1824 Ridge Avenue is a -bedroom multi-family home for sale in PHILADELPHIA PA 19130. Available on Prevu for 2 days at $980,000. This property features 5,100 square feet of living space, located in Francisville. The median listing price for multi-family homes in this area is $499,900. Property amenities include dishwasher and washer. Explore more multi-family home listings in Philadelphia.

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.