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1723 Ridge Ave
For Sale $5,350,000
$5,350,000
- 15 Units
- Unknown Sq Ft
- 3,990 Sq Ft
- Unknown Cap Rate
Description
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $5,350,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 5 stories |
| Parking Spots | 0 spots |
| Year Built | 2022 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 881443730 |
| MLS # | PAPH2484998 |
| Property ID | 321816889 |
| Lot Sqft | 3,990 |
| Zoning | CMX25 |
| Total Units | 15 |
| Days on Market | 214 |
| Original List Price | Unknown |
| Date Updated | November 10, 2025 |
| Date Created | May 26, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Ryan J McManus an agent of Keller Williams Liberty Place. Lic #RS316262
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Data last updated: December 26, 2025.
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Robert Crawford
REAL ESTATE AGENT