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1723 Ridge Ave, 
Philadelphia, PA 19130

$5,700,000


21

Beds


Bath


16,250

Sq Ft


Multi-Family

Active

Listed by

Ryan J Mcmanus

Brandon Ribeiro

Keller Williams Liberty Place

Last updated:

June 15, 2025, 01:27 PM

MLS#

PAPH2490130

Source:

BRIGHTMLS

About This Home

1723 Ridge Ave

Prime on Ridge presents a turnkey 15-unit investment opportunity along the bustling Ridge Avenue corridor in Philadelphia, Pennsylvania. Acquire this —16,250 SF, 5-storey, boutique luxury apartment building in a Top-10 USA MSA with the benefit of a 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.

Home Facts

Multi-Family

21 Bedrooms

Built in 2022

Price Summary

5,700,000

$350 per Sq. Ft.

MLS #:

PAPH2490130

Last Updated:

June 15, 2025, 01:27 PM

Added:

11 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

21


Structure

Structure

Building Area:

16,250 Sq. Ft.

Year Built:

2022


Lot

Lot Size (Sq. Ft):

3,920


Finances & Disclosures

Finances

Price:

$5,700,000

Price per Sq. Ft:

$350 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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