Pending

MLS: #PAPH2592318, Listed By: Matthew Bigelow, KW Empower, Source:Bright MLS

1427 W Ritner Street

PHILADELPHIA, PA 19145
Mark as Favorite
Bed 3

Bed

Bath 0

Bath

SqFt2,016

Sqft

Acres0.02

Acre(Lot)

A rare opportunity to buy in one of Philadelphia's most enduring and high-demand neighborhoods. This striking 3-story masonry rowhome occupies a corner position just one block off bustling Passyunk Avenue — one of South Philadelphia's most celebrated corridors, known for its award-winning restaurants, cafés, boutique shops, and locally owned businesses that keep foot traffic and rental demand consistently strong. Outdoor enthusiasts will appreciate the proximity to FDR Park, and commuters will love the quick access to the Broad Street Line and SEPTA, offering an easy ride to Center City, the stadiums, and major transit connections throughout the region. The building offers approximately 2,016 square feet above grade plus a basement and is currently generating income as a multi-unit invest ment property. Units were thoughtfully updated approximately 5 years ago — kitchens and baths vary by unit but reflect genuine investment, with highlights including stylish black and white subway tile baths and well-appointed kitchens with updated cabinetry and countertops. Electric is separately metered by unit, keeping operating costs lean and management straightforward. Current rents are well below market, giving a new owner significant upside potential from day one. Three one bedroom, one bathroom units, and two studio units. One studio unit with private side entrance. All but one unit are currently occupied with tenants on month-to-month leases, delivering immediate cash flow while affording a new owner complete flexibility to reposition, reconfigure, or re-tenant the property entirely on their own terms. Financials available upon request. Opportunities like this in this location don't come along often. Schedule your showing today! Seller will not make repairs. Buyer is responsible for Use & Occupancy certificate and all due diligence.

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Detail Ic Property Details

Property Type : Residential Income

Price : $499,999

AD Id : 76594358

MLS Id : PAPH2592318

Beds : 3

Lot Size : 0.02 Acre

Living Area Size : 2,016

Year Built : 1920

County : PHILADELPHIA

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Feature Features

  • Bedroom Information

    Total beds: 3
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Forced Air Cooling: None

  • Building Information

    Year Built: 1920 Building Area Total: 2016 Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 16.00 x 60.00 Lot Size Acres: 0.02 Lot Size Source: Assessor Lot Size Square Feet: 960

  • Listing Price Information

    Listing Price: $499999

  • Tax Information

    Parcel Number: 261024400 Tax Lot: 38 Tax Year: 2025 Annual Tax: $5785

  • Parking Information

    None

  • Location Information

    Direction: Use GPS. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1521 W Shunk Street, Philadelphia, PA, 19145 $349,900 4 2 1,380 1,380 SqFt
1614 W Ritner Street, Philadelphia, PA, 19145 $420,000 5 -- 1,728 1,728 SqFt
1726 Watkins Street, Philadelphia, PA, 19145 $184,000 2 1 1,024 1,024 SqFt
1814 S 20th Street, Philadelphia, PA, 19145 $324,900 4 -- 2,790 2,790 SqFt
1622 S 21st Street, Philadelphia, PA, 19145 $329,000 3 2 1,350 1,350 SqFt
1631 S 22nd Street, Philadelphia, PA, 19145 $325,000 4 4 1,985 1,985 SqFt
2230 Watkins Street, Philadelphia, PA, 19145 $269,900 2 2 920 920 SqFt
2251 S Hemberger Street, Philadelphia, PA, 19145 $318,000 3 2 1,134 1,134 SqFt
2315 Pierce Street, Philadelphia, PA, 19145 $609,000 9 -- 4,500 4,500 SqFt
2427 Hartranft Street, Philadelphia, PA, 19145 $1,150,000 3 4 --

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 ByOwner 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/22/2026 @ 03:44

MLS: PAPH2592318 LISTED BY: Matthew Bigelow, KW Empower 215-627-3500 SOURCE: Bright MLS

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