1640 Ridge Ave, Philadelphia, PA 19130
Local realty services provided by:ERA Byrne Realty
1640 Ridge Ave,Philadelphia, PA 19130
$1,150,000
- 0.05 Acres
- Lots / Land
- Active
Listed by: eugene zlotnikov
Office: acquisition team llc.
MLS#:PAPH2630726
Source:BRIGHTMLS
Price summary
- Price:$1,150,000
About this home
Fully approved and entitled mixed-use development opportunity for 12 apartments and 1 bi-level ground floor retail space in Philadelphia’s highly sought-after Fairmount neighborhood. Situated along the rapidly evolving Ridge Avenue corridor, this rare shovel-ready project offers investors and developers the ability to break ground immediately in one of the city’s most desirable residential and mixed-use markets.
The site is strategically positioned with convenient access to Center City, the Philadelphia Museum of Art, University City, and several of Philadelphia’s most vibrant neighborhoods. Its central location continues to attract strong demand from professionals, healthcare workers, graduate students, and long-term market-rate tenants seeking an urban lifestyle with neighborhood charm.
With a projected end value approaching $5 million, the project presents a compelling opportunity to capitalize on Philadelphia’s ongoing growth and limited supply of fully entitled development sites. As development opportunities become increasingly scarce in prime locations, 1640 Ridge Avenue stands out as a true gem—offering certainty, scale, and immediate execution potential.
Pro Forma, Plans, and Permits available upon request....
Contact an agent
Home facts
- Listing ID #:PAPH2630726
- Added:62 day(s) ago
- Updated:August 11, 2026 at 01:44 PM
Structure and exterior
- Lot area:0.05 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,150,000
- Tax amount:$4,107 (2022)
New listings near 1640 Ridge Ave
- New
$279,900Active4 beds 2 baths1,746 sq. ft.1145 S 60th St, PHILADELPHIA, PA 19143
MLS# PAPH2648076Listed by: SUPER REALTY GROUP, LLC - New
$175,000Active3 beds 1 baths1,176 sq. ft.6350 Cardiff St, PHILADELPHIA, PA 19149
MLS# PAPH2657032Listed by: KW EMPOWER - New
$400,000Active4 beds 3 baths1,595 sq. ft.1730 Ingersoll St, PHILADELPHIA, PA 19121
MLS# PAPH2658490Listed by: REALTY MARK ASSOCIATES - New
$290,000Active2 beds -- baths960 sq. ft.3957 N Percy St, PHILADELPHIA, PA 19140
MLS# PAPH2658500Listed by: KELLER WILLIAMS MAIN LINE - New
$179,000Active3 beds 1 baths1,184 sq. ft.2154 Elkins Ave, PHILADELPHIA, PA 19144
MLS# PAPH2658504Listed by: BETTER HOMES REGIONAL REALTY - Coming Soon
$699,900Coming Soon4 beds 4 baths2616 S 18th St #10, PHILADELPHIA, PA 19145
MLS# PAPH2658514Listed by: KW EMPOWER - Coming SoonOpen Sat, 11am to 2pm
$365,000Coming Soon3 beds 1 baths2428 Gaul St, PHILADELPHIA, PA 19125
MLS# PAPH2658164Listed by: JG REAL ESTATE LLC - Coming Soon
$259,900Coming Soon3 beds 1 baths3506 Ashville St, PHILADELPHIA, PA 19136
MLS# PAPH2658210Listed by: HOMESMART REALTY ADVISORS - New
$269,900Active3 beds 2 baths994 sq. ft.2642 S Iseminger St, PHILADELPHIA, PA 19148
MLS# PAPH2658464Listed by: DJCRE INC. - Coming SoonOpen Sat, 12 to 2pm
$429,000Coming Soon3 beds 3 baths609 E Hortter Pl, PHILADELPHIA, PA 19119
MLS# PAPH2655788Listed by: ELFANT WISSAHICKON-CHESTNUT HILL