Newer-Construction Mixed-Use
For Sale
$3,500,000
1617-19 RIDGE AVE, Philadelphia, PA 19130
Built in 2023, the property includes 13 residential units, 1 commercial unit, and a rooftop deck with elevator service.
Property SizeContact for details
Days on Market134
Property Features for 1617-19 RIDGE AVE
General Information
Standard status
Active
Additional Details
Opportunity Zone
Yes
Multifamily Units
13
Building Details
Year Built
2023
Listing Agency:
Real of Pennsylvania
(610) 687-2900
Listed By:
William Holder · License #2077526
(484) 744-4053
Source:
Hostetterrealty
Added: May 8
Changed: Sep 11
Last Checked: Sep 18 at 6:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real of Pennsylvania
Investment Insights
Based on property information with market context.
1617-19 Ridge Ave is a newer-construction mixed-use building completed in 2023. The property contains 13 residential units, including a mix of 1- and 2-bedroom apartments plus one bi-level unit, and includes 1 commercial unit. Residential amenities include a shared rooftop deck, elevator access, additional hallway storage, and a secure private breezeway rear entrance with key-fob-only access. The rear breezeway also accommodates the building’s trash room, mailboxes, and a package/Amazon drop area designed for tenant use.
The commercial unit has its front entrance directly on Ridge Ave for visibility. The space is described as bi-level, with a finished main floor that includes a bathroom and an unfinished lower level that offers additional room for expansion, storage, workspace, or customization. The construction also includes installed venting access to support kitchen-related use.
The offering is presented with remaining tax abatement of approximately 7 years remaining, and the property is located in a census tract designated as a Qualified Opportunity Zone based on 2026 data. Buyer should verify all tax abatement details and Opportunity Zone eligibility, timing, and potential benefits with their tax advisor.
The commercial unit has its front entrance directly on Ridge Ave for visibility. The space is described as bi-level, with a finished main floor that includes a bathroom and an unfinished lower level that offers additional room for expansion, storage, workspace, or customization. The construction also includes installed venting access to support kitchen-related use.
The offering is presented with remaining tax abatement of approximately 7 years remaining, and the property is located in a census tract designated as a Qualified Opportunity Zone based on 2026 data. Buyer should verify all tax abatement details and Opportunity Zone eligibility, timing, and potential benefits with their tax advisor.
Key Highlights
- Built in 2023 mixed‑use building with 13 residential units and 1 commercial unit
- Residential unit mix includes 1- and 2‑bedroom apartments, including one bi‑level unit
- Shared rooftop deck plus elevator service for residential tenants
Property Analytics
Current Use
Lease Details
13
Residential units
Location Intelligence
Trade Area within ½ mile
2,682
Businesses Nearby
Explore this area
Business Placement
Demographics for 19130, PA
31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Built in 2023, the property includes 13 residential units, 1 commercial unit, and a rooftop deck with elevator service.
Where is this mixed-use property located?
The property is located at 1617-19 RIDGE AVE Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Built in 2023 mixed‑use building with 13 residential units and 1 commercial unit; Residential unit mix includes 1- and 2‑bedroom apartments, including one bi‑level unit; Shared rooftop deck plus elevator service for residential tenants
