1723 Ridge Ave Philadelphia, PA 19130
Fairmount NeighborhoodEstimated payment $27,699/month
Highlights
- City View
- Exterior Cameras
- Luxury Vinyl Plank Tile Flooring
- 0.09 Acre Lot
- Downtown Location
- 5-minute walk to Ogden Park
About This Home
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 Agent
(609) 399-5454 klrw903@kw.com Keller Williams Liberty Place Brokerage Phone: 6093995454 Listed on: 06/04/2025
Co-Listing Agent
(609) 399-5454 klrw903@kw.com Keller Williams Liberty Place Brokerage Phone: 6093995454
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,728
Year Built
- Built in 2022
Lot Details
- 3,990 Sq Ft Lot
- Lot Dimensions are 52.00 x 76.00
- Downtown Location
- Property is in excellent condition
Home Design
- Brick Exterior Construction
- Tile Roof
- Concrete Perimeter Foundation
Interior Spaces
- 16,250 Sq Ft Home
- Luxury Vinyl Plank Tile Flooring
- City Views
- Exterior Cameras
Accessible Home Design
- Accessible Elevator Installed
Utilities
- Central Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Heating System Uses Natural Gas
- Electric Water Heater
Community Details
- 4 Units
- 5-Story Building
- Francisville Subdivision
Listing and Financial Details
- Tax Lot 190
- Assessor Parcel Number 881443730
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2022 | $2,114 | $151,000 | $39,200 | $111,800 |
| 2021 | $1,921 | $0 | $0 | $0 |
| 2020 | $1,921 | $0 | $0 | $0 |
| 2019 | $1,907 | $0 | $0 | $0 |
| 2018 | $2,245 | $0 | $0 | $0 |
| 2017 | $2,245 | $0 | $0 | $0 |
| 2016 | $2,245 | $0 | $0 | $0 |
| 2015 | $1,446 | $0 | $0 | $0 |
| 2014 | -- | $137,900 | $14,464 | $123,436 |
| 2012 | -- | $10,592 | $2,120 | $8,472 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/17/2026 02/17/26 | Price Changed | $5,150,000 | -3.7% | $317 / Sq Ft |
| 11/10/2025 11/10/25 | Price Changed | $5,350,000 | -2.7% | $329 / Sq Ft |
| 07/16/2025 07/16/25 | Price Changed | $5,500,000 | -3.5% | $338 / Sq Ft |
| 06/04/2025 06/04/25 | For Sale | $5,700,000 | -- | $351 / Sq Ft |
Source: Bright MLS
MLS Number: PAPH2490130
APN: 47-1-2669-10
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
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.
Copyright 2026 Bright MLS, Inc.
- 1726 W Girard Ave
- 1712 W Girard Ave
- 922-26 N 17th St
- 1642 Cambridge St
- 1636 Cambridge St
- 1825 Ginnodo St Unit 2
- 1830 Poplar St
- 1648 Ridge Ave Unit 301
- 1642-44 Ridge Ave
- 1722 Wylie St
- 1631 W Girard Ave
- 1511 W Flora St
- 1734 Wylie St Unit 2
- 1625 Ogden St Unit B
- 1636 Ridge Ave Unit 2
- 856 Perkiomen St
- 827 Leland St
- 908 N 16th St Unit 2
- 1623 00 Ridge Ave Unit 1
- 1640 W Stiles St
- 1721 Ridge Ave Unit C101
- 1710 Cambridge St Unit 8
- 1800 8 Ridge Ave Unit 4
- 1710 W Girard Ave Unit 2F
- 901 Leland St
- 1642 Cambridge St Unit B
- 1637 Poplar St Unit S2
- 1637 Poplar St Unit LL1
- 1637 39 Poplar St Unit 6R
- 1636 Cambridge St Unit A
- 1637 W Girard Ave Unit 3
- 1637 W Girard Ave Unit 2
- 1637 W Girard Ave Unit 1
- 1615 Poplar St Unit 3
- 1626 Ridge Ave Unit 401D
- 1904 W Girard Ave Unit 2R
- 1617 19 Ridge Ave Unit K
- 1617 19 Ridge Ave Unit C
- 1617 19 Ridge Ave Unit D
- 1809 Wylie St Unit 1
Ask me questions while you tour the home.