1723 Ridge Ave, Philadelphia, PA 19130

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
1723 Ridge Ave,Philadelphia, PA 19130
$4,925,000
  • 21 Beds
  • - Baths
  • 16,250 sq. ft.
  • Multi-family
  • Active
Listed by: ryan j mcmanus, brandon ribeiro
Office: keller williams liberty place
MLS#:PAPH2490130
Source:BRIGHTMLS

Price summary

  • Price:$4,925,000
  • Price per sq. ft.:$303.08

About this home

Prime on Ridge presents a turnkey 15-unit investment opportunity along the bustling Ridge Avenue corridor in Philadelphia, Pennsylvania — the top destination in the world to visit in 2026. 7% PRO FORMA CAP. Acquire this —16,250 SF, 5-storey, boutique luxury apartment building in a Top-10 USA MSA for rent-growth with the benefit of a FULL 10yr tax abatement (expiring 2032), minimal OPEX and ±15% rental upside based on market comps. These designer apartments are professionally built (2022 vintage) with an even mixture of seven (7) 1bd units and seven (7) 2bd units atop ground floor commercial space—FULLY LEASED. Anchored on a highly visible block in Francisville (19130), this superior multifamily asset commands attention within the renter pool with its exquisite curb appeal and luxury interiors. The panoramic rooftop terrace provides unparalleled city skyline views. Easy access into Fairmount, Center City, Museums District, North Broad District + more — a completely accessible location...

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Home facts

  • Year built:2022
  • Subdivision & Development:FRANCISVILLE
  • Listing ID #:PAPH2490130
  • Added:448 day(s) ago
  • Updated:August 26, 2026 at 01:33 PM

Rooms and interior

  • Bedrooms:21
  • Flooring:Luxury Vinyl Plank
  • Living area:16,250 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central, Natural Gas

Structure and exterior

  • Roof:Tile
  • Year built:2022
  • Building area:16,250 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Downtown
  • Construction Materials:Brick
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,925,000
  • Price per sq. ft.:$303.08
  • Tax amount:$4,728 (2024)

Features and amenities

  • Amenities:Exterior Cameras

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