16,250 sqft

$4,925,000

1723 RIDGE AVENUE, PHILADELPHIA PA, 19130

Price per sqft$303.08

Built in2022

Property size16,250 sqft

Property typeCommercial

Overview

Active

Active-bright

Listed May 27, 2025

Updated 5 days ago

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. 7% PRO FORMA CAP. 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—FULLY LEASED. 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.

Additional information

MLS^® ID: PAPH2484998

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.09 Acres

Other Property Details

Taxes: $4,728
Tax Frequency: Annually
View: Yes

Listed by Keller Williams Liberty Place
Listing Contact: 6106061095

The IDX display contains information sourced from the Bright MLS, Inc. as of 9/15/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 9/15/2026 at 11:24 PM UTC