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    7039 Ridge Ave Philadelphia, PA 19128

    New
    For Sale
    $800,000

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property size:
    2,431 SF
    Lot size:
    0.12 Acres
    Days on Market:
    1
    Last Refresh:
    Dec 8 at 2:06 pm

    Property Features for 7039 Ridge Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Parking Lot, Driveway, On Street
    Appliances
    Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
    Size
    2,431 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Ductless

    Building Details

    Year built
    1955
    Number of units
    4
    Building materials
    Stone
    Architectural style
    Other

    Mallin Panchelli Nadel Realty, Inc. (215) 413-4900 [email protected]

    Listing agent Samantha Lee Miller (215) 315-3326 License #RS352351

    Listing date Dec 8, 2025

    MLS# PAPH2546638 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

    Roxborough Quadplex Fully Renovated

    This is a quadplex located in Roxborough. The property was fully renovated in 2025, including a historically-compliant facade renovation. It comes with a 10-year tax abatement. All units are currently occupied, generating a total gross income of $5,816 per month. Unit #1A is a 1-bedroom, 1-full-bath unit rented for $1325 per month, plus a $35 water fee. Unit #1B is a 1-bedroom, 1-full-bath unit rented for $1346 per month, plus a $35 water fee. Unit #2A is a bilevel 1-bedroom with den and 1-full-bath unit rented for $1395 per month, plus a $35 water fee. Unit #2B is a bilevel 1-bedroom with den and 1-full-bath unit rented for $1610 per month, plus a $35 water fee. The apartments have been completely updated with new systems, including HVAC, electrical, and plumbing. Each unit features modern finishes, luxury vinyl plank flooring, updated kitchens with stainless steel appliances, stylish bathrooms, and in-unit laundry. The property is located along Ridge Avenue, within walking distance of local restaurants, parks, shopping, and public transit. It is also located minutes from Manayunk, Wissahickon Valley Park, and major highways. The addition of parking spaces via an adjacent parking lot is negotiable. The property has a size of 2431 square feet and sits on a lot of 0.12 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -75.229568
    Latitude
    40.044682

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    FAQs

    What type of property is this?
    Quadplex - Turnkey quadplex in Roxborough, fully renovated in 2025.
    Where is this quadplex located?
    The property is located at 7039 Ridge Ave Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Turnkey quadplex generating $5,816/month gross income.; - Delivered with a 10-year tax abatement.; - Fully renovated in 2025 with new HVAC, electrical, and plumbing systems.
    (215) 315-3326
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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
    7039 Ridge Ave Philadelphia, PA 19128
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