315 N Swarthmore Ave Ridley Park, PA 19078
Estimated payment $4,244/month
Total Views
435,447
--
Bed
--
Bath
3,102
Sq Ft
$221
Price per Sq Ft
Highlights
- 0.21 Acre Lot
- Central Air
- 1-minute walk to Firehouse Park
- Victorian Architecture
- Hot Water Heating System
About This Home
FABULOUS INVESTMENT OPPORTUNITY in COVETED RIDLEY PARK location!!! This is a very low-maintenance, easy to rent multi-family (4 Units) home in a superb location! Unit 1: 2BR/2BA /LR/Kitchen (Gorgeous); Unit 2A: 1BR/1BA with LR; Unit 2B: 1BR/1BA; Unit 3: 2BR/1BA/LR - Plenty of Parking for residents. The ONLY reason the investor is selling after 5 years is because it's a shared investment and the parties are all going in different directions. Showings are only permitted on Fridays out of respect for tenants (some of which have been long term).There are pictures available online from previous listing 5 years ago. The pictures posted are current but only of Unit 3. Listing agent can provide current rental amounts - documentation will follow. This building is steps away from several parks, the train into Philadelphia, the quaint downtown of Ridley Park as well as the larger shopping center with Home Depot, Grocery Store and more!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,128
Year Built
- Built in 1890
Lot Details
- 8,930 Sq Ft Lot
Home Design
- Quadruplex
- Victorian Architecture
- Stone Foundation
- Frame Construction
- Masonry
Interior Spaces
- 3,102 Sq Ft Home
- Basement Fills Entire Space Under The House
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Private Parking
- Gravel Driveway
- Shared Driveway
- Unpaved Parking
- Parking Lot
- Surface Parking
Schools
- Ridley High School
Utilities
- Central Air
- Window Unit Cooling System
- Hot Water Heating System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 260-000
- Assessor Parcel Number 37-00-02247-00
Community Details
Overview
- Ridley Park Subdivision
Building Details
- Income includes apartment rentals
- Insurance Expense $1,941
- Maintenance Expense $1,500
- Manager Expense $3,250
- Other Expense $1,800
- Gross Income $57,450
- Net Operating Income $29,121
Map
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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 |
|---|---|---|---|---|
| 2025 | $11,336 | $326,470 | $70,740 | $255,730 |
| 2024 | $11,336 | $326,470 | $70,740 | $255,730 |
| 2023 | $10,838 | $326,470 | $70,740 | $255,730 |
| 2022 | $10,425 | $326,470 | $70,740 | $255,730 |
| 2021 | $16,072 | $326,470 | $70,740 | $255,730 |
| 2020 | $7,128 | $126,610 | $43,480 | $83,130 |
| 2019 | $6,993 | $126,610 | $43,480 | $83,130 |
| 2018 | $6,791 | $126,610 | $0 | $0 |
| 2017 | $6,791 | $126,610 | $0 | $0 |
| 2016 | $695 | $126,610 | $0 | $0 |
| 2015 | $695 | $126,610 | $0 | $0 |
| 2014 | $695 | $126,610 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | Price Changed | $685,000 | -2.8% | $221 / Sq Ft |
| 05/03/2025 05/03/25 | Price Changed | $705,000 | -2.8% | $227 / Sq Ft |
| 04/01/2025 04/01/25 | For Sale | $725,000 | +25.0% | $234 / Sq Ft |
| 10/30/2020 10/30/20 | Sold | $580,000 | +0.9% | $187 / Sq Ft |
| 09/14/2020 09/14/20 | Pending | -- | -- | -- |
| 08/12/2020 08/12/20 | For Sale | $575,000 | +204.2% | $185 / Sq Ft |
| 12/04/2014 12/04/14 | Sold | $189,000 | -33.7% | $61 / Sq Ft |
| 10/16/2014 10/16/14 | Pending | -- | -- | -- |
| 06/04/2014 06/04/14 | For Sale | $284,900 | -- | $92 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $580,000 | None Available | |
| Deed | $189,000 | None Available | |
| Deed | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $427,500 | New Conventional | |
| Previous Owner | $256,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $100,000 | Purchase Money Mortgage |
Source: Public Records
About the Listing Agent
Heidi was born and raised in the Philadelphia area, where she has been in real estate for nearly 15 years. Over the past five years, Heidi has been one of the area’s top producers with over $25M in sales per year. Heidi has proven exceptionally successful in negotiating for her buyers and sellers in today’s market. She provides her clients with the information, support, and guidance necessary to navigate the real estate process seamlessly.
Known for her integrity, expert knowledge of
Heidi's Other Listings
Source: Bright MLS
MLS Number: PADE2086604
APN: 37-00-02247-00
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