1723 Ridge Ave, Philadelphia, PA 19130
Local realty services provided by:CENTURY 21 Mertz & Associates
1723 Ridge Ave,Philadelphia, PA 19130
$5,150,000
- 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:$5,150,000
- Price per sq. ft.:$316.92
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. 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 terrace 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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Home facts
- Year built:2022
- Listing ID #:PAPH2490130
- Added:285 day(s) ago
- Updated:March 16, 2026 at 01:41 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:$5,150,000
- Price per sq. ft.:$316.92
- Tax amount:$4,728 (2024)
Features and amenities
- Amenities:Exterior Cameras
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