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    1500 W Ritner St Philadelphia, PA 19145

    Sponsored
    For Sale
    $519,900

    MULTI_FAMILY - PHILADELPHIA, PA

    Property size:
    2,656 SF
    Days on Market:
    68
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 1500 W Ritner St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking features
    On Street
    Interior features
    Wood Floors, Kitchen - Eat-In
    Appliances
    Stove
    Size
    2,656 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1920
    Number of units
    3
    Building materials
    Masonry

    ALPHA REALTY GROUP INC (215) 463-0777 [email protected]

    Listing agent Richard Mecoli (609) 335-7922 License #RS345554

    Listing date Oct 30, 2025

    MLS# PAPH2539690 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building with Income Potential

    This three-story mixed-use building offers a blend of residential and professional space. The property features three apartments and a ground-floor office space. The first floor includes a versatile office space with a separate entrance, suitable for a studio, along with a one-bedroom apartment that also has a separate entrance. The second floor contains a distinct one-bedroom, one-bathroom apartment designed for comfort and privacy, featuring ample natural light, a functional layout, and modern finishes. The third floor offers a large, open-concept one-bedroom, one-bathroom apartment, providing a private and spacious retreat with kitchen appliances, generous living areas, and scenic views. The property is located in Philadelphia, PA, and offers easy access to public transportation, dining, shopping, and a sports complex. The building is suitable for an owner-occupant looking to live and run their business from the same location, or for an investor seeking a high-yield asset. The property has a total size of 2656 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.17234802
    Latitude
    39.92070389

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    FAQs

    What type of property is this?
    Mixed-use property - Three apartments and dedicated office space in Philadelphia.
    Where is this mixed-use property located?
    The property is located at 1500 W Ritner St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $519,900.
    What are key features of this property?
    This property features: - Prime location with easy access to public transportation, dining, shopping, and sports complex.; - Three separate residential units offer flexible living arrangements or rental income.; - Dedicated ground-floor office space with street access, ideal for business or studio.
    (609) 335-7922
    Request Owner's contact information
    1500 W Ritner St Philadelphia, PA 19145
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    Philadelphia, PA 19145
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1500 W Ritner St Philadelphia, PA 19145
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