1723 RIDGE AVE, Philadelphia, PA 19130

Property 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. 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. 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.

Listing Status:

Active

Date Added:

June 3, 2025

Data Last Updated:

July 5, 2026 at 3:19PM

Listing Office:

Keller Williams Liberty Place : 6093995454

Listing Agent:

Ryan J McManus : 6106061095

MLS ID:

PAPH2484998

Interior

• Flooring: Luxury vinyl plank
• A/C: Central A/C
• Heating: CentralNatural Gas
• Disability Feature: Elevator

Construction

• Roofing: Tile
• General: BrickConcrete Perimeter

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: CMX25881443730
• View: City

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN