1605 Ridge Ave, Philadelphia, PA 19130

Philadelphia
Local realty services provided by:ERA Liberty Realty
1605 Ridge Ave,Philadelphia, PA 19130
$2,100,000
  • 9 Beds
  • - Baths
  • 9,000 sq. ft.
  • Multi-family
  • Active
Listed by: ryan j mcmanus
Office: keller williams liberty place
MLS#:PAPH2515408
Source:BRIGHTMLS

Price summary

  • Price:$2,100,000
  • Price per sq. ft.:$233.33

About this home

Welcome to 1605 Ridge — a 6.69% CAP, boutique multifamily property sited at the prominent Ridge & Parrish corner intersection (at 16th Street) in the booming Francisville submarket of Philadelphia, Pennsylvania. Spanning 3 property widths (1601-03-05) with soft corner exposure, The Property commands a strong presence on the Francisville streetscape with a brick-clad base and bay windows above. Throughout its operating history, there has been little-to-no vacancy in the building — a testament to the quality of construction, location and spatial quality of the asset. On the ground floor, a neighborhood daycare operates the commercial space, having just exercised their 5-year NNN lease renewal option. Upstairs, there are five (5) oversized apartments, each with unique layouts: one (1) studio, three (3) 2bd x 2ba units and one (1) 3bd x 2ba unit. New Ownership can add a 5th floor “as of right” based on the current zoning in place and increase the density/unit count. Private roofdecks...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:2018
  • Listing ID #:PAPH2515408
  • Added:256 day(s) ago
  • Updated:March 24, 2026 at 01:37 PM

Rooms and interior

  • Bedrooms:9
  • Flooring:Luxury Vinyl Plank
  • Living area:9,000 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central, Electric

Structure and exterior

  • Roof:Fiberglass
  • Year built:2018
  • Building area:9,000 sq. ft.
  • Lot area:0.02 Acres
  • Lot Features:Additional Lot(s), Corner, Downtown
  • Construction Materials:Masonry

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,100,000
  • Price per sq. ft.:$233.33
  • Tax amount:$1,514 (2024)

New listings near 1605 Ridge Ave