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MLS: #PAPH2490130, Listed By: Ryan McManus, Keller Williams Liberty Place, Source:Bright MLS

1723 Ridge Avenue

PHILADELPHIA, PA 19130
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Bed 21

Bed

Bath 0

Bath

SqFt16,250

Sqft

Acres0.09

Acre(Lot)

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. 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. 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 terr ace provides unparalleled city skyline views. Easy access into Fairmount, Center City, Museums District, North Broad District + more — a completely accessible location — walkable to all of the world-class urban attractions Philadelphia has to offer. Enquire within for pro forma financials and building plans.

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Detail Ic Property Details

Property Type : Residential Income

Price : $5,000,000

AD Id : 68594969

MLS Id : PAPH2490130

Beds : 21

Lot Size : 0.09 Acre

Living Area Size : 16,250

Year Built : 2022

County : PHILADELPHIA

Subdivision: Francisville

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Feature Features

  • Bedroom Information

    Total beds: 21
  • Flooring Information

    Vinyl
  • Roofing Information

    Tile
  • Interior Features

    Roof: Tile Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Central Has Cooling: Yes Cooling: Central Air, Gas

  • Building Information

    Year Built: 2022 Building Area Total: 16250 Construction Materials: Brick Pool Features: None Private Pool: No View: City

  • Lot Information

    Lot Dimensions: 52.00 x 76.00 Lot Size Acres: 0.09 Lot Size Source: Estimated Lot Size Square Feet: 3990

    Property Information

    Subdivision: FRANCISVILLE Source Property Type: Residential Income Postal Code Plus 4: 1989 Property SubType: Multi Family Property Age: 4

  • Listing Price Information

    Listing Price: $5000000

  • Tax Information

    Parcel Number: 881443730 Tax Lot: 190 Tax Year: 2024 Annual Tax: $4728

  • Parking Information

    None

  • Location Information

    Direction: BETWEEN 17TH AND 18TH ON RIDGE AVENUE. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1437 Parrish Street, Philadelphia, PA, 19130 $899,000 5 -- 2,600 2,600 SqFt
920 N 15th Street, Philadelphia, PA, 19130 $1,250,000 7 -- 5,000 5,000 SqFt
924 N 15th Street, Philadelphia, PA, 19130 $799,900 5 -- 2,469 2,469 SqFt
1509 Spring Garden Street, Philadelphia, PA, 19130 $674,900 4 -- 2,431 2,431 SqFt
1504 Brown Street, Philadelphia, PA, 19130 $725,000 -- -- 3,080 3,080 SqFt
719 N 16th Street, Philadelphia, PA, 19130 $1,895,000 8 -- --
1540 Ridge Avenue, Philadelphia, PA, 19130 $2,600,000 8 -- 10,500 10,500 SqFt
802 N 16th Street, Philadelphia, PA, 19130 $809,900 7 -- 2,637 2,637 SqFt
1605 Ridge Avenue, Philadelphia, PA, 19130 $2,100,000 9 -- 9,000 9,000 SqFt
1620 Mount Vernon Street, Philadelphia, PA, 19130 $869,000 3 -- 2,700 2,700 SqFt

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ByOwner last updated this listing 06/16/2026 @ 23:52

MLS: PAPH2490130 LISTED BY: Ryan McManus, Keller Williams Liberty Place 609-399-5454 SOURCE: Bright MLS

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