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About This Home

This 0-bedroom, 0-bathroom residential multi family at 1824 RIDGE Avenue in Philadelphia, PA is listed for $980,000 ($192 per sqft). Built in 2019, the home offers 5,100 sqft of living space on a 0.04 acres lot.

Agent Description

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.

Key Features

  • Built in 2019
  • 0.04 acre lot

Property Details

2019

Amenities

A/C

Monthly Cost Estimate

$5,241/mo

20% down · 6.5% · 30 years

Principal$709
Interest$4,247
Insurance$286

Estimates only. Actual payments may vary.

Location

1824 RIDGE Avenue

Philadelphia, PA 19130

FRANCISVILLE

Property Details

Construction

Block Concrete Combination

Parking

On Street

Heating

Forced Air

Cooling

Central Air

Appliances

DishwasherDisposalDryer - ElectricMicrowaveOven/Range - ElectricRefrigeratorWasher

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1824 RIDGE Avenue is listed at $980,000 ($192/sqft). The estimated monthly payment is $4,247 based on 20% down at 6.5% interest.

Key features include: Built in 2019, 0.04 acre lot.

This property is listed by Andrew F Cheng and can be reached at 2675067100 or andrewcheng@kw.com.

AC

Andrew F Cheng

Agent at Keller Williams Realty

(267) 506-7100

Listed by Keller Williams Realty · View on Broker Site

MLS# PAPH2614322· Source: listhub· Updated 33 days ago

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1824 RIDGE Avenue, Philadelphia, PA 19130

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