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Street View
$4,925,000
Monthly Est:$24,514
-- Bed
-- Bath
16,250sqft
1723 Ridge Ave, Philadelphia, PA 19130
$4,925,000
$24,514/moEst:
Get Pre-Approved
Multi Family
Built in 2022
$-- HOA
3,990 sqft lot
$303/sq.ft
Description
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), th...
Continue Reading- Houzeo last checked: 7 minutes ago
- Listing updated: August 31, 2026 at 12:16 am
- Listing Provided by: Ryan J McManus (610) 606-1095 , Brandon Ribeiro (267) 945-8167 | Keller Williams Liberty Place (609) 399-5454
- Source: Bright MLS-NJ | MLS#: PAPH2490130
Property Details
Status
Active
Type
Multi Family
No. of Stories
5
County
City
Neighborhood
Year Built
2022
HOA Fees
-
Finished Area
16,250 sqft
Lot Size
3,990 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
PAPH2490130
MLS Status
ACTIVE-BRIGHT
Days on Market
453
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Cooling
Central A/c
Flooring
Luxury Vinyl Plank
Heating
Central
Construction
Year Built
Year Built: 2022
Home type
Multi Family
Construction Materials
Brick
Roof
Tile
Property Condition
Excellent
Architectural Style
Other
Foundation Details
Concrete Perimeter
Utilities & Energy
Security Features
Exterior Cameras
Water Source
Public
Other Features
Subdivision Name
Francisville
Price History
| Date | Event | Price |
|---|---|---|
07/15/2026 Source: | Price Increased | $4,925,000 +4.23% $303/sqft |
07/10/2026 Source: | Price Decreased | $4,725,000 -5.50% $291/sqft |
04/27/2026 Source: | Price Decreased | $5,000,000 -2.91% $308/sqft |
02/17/2026 Source: | Price Decreased | $5,150,000 -6.36% $317/sqft |
06/04/2025 Source: | Price Increased | $5,500,000 +2.80% $338/sqft |
Show more
Francisville Ranks #29 in Philadelphia, PA
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Based on information from Bright MLS through Sep 20, 2026, 10:30AM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information
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