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Mixed-Use Property with Short-Term Rentals
For Sale
Contact for pricing
Pending

1537-39 Ridge Ave, Philadelphia, PA 19130

Recently built mixed-use asset with licensed short-term rental operations, varied apartment layouts, and an additional commercial unit.

Property SizeContact for details
Days on Market145

Property Features for 1537-39 Ridge Ave

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 2 x 2BR/1BA, 2 x 1BR/1BA, 6 x studio
Multifamily Units 10

Building Details

Buildings 1
Listing Agency: BY Real Estate
Listed By: Bo Liu · License #PA RM424023
Source: Crexi
Added: Apr 12 Changed: Sep 2 Last Checked: Sep 1 at 6:49PM

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 BY Real Estate

Investment Insights

Based on property information with market context.

Located at 1537-39 Ridge Ave in Philadelphia, this 3-year-old mixed-use property combines 10 apartments with 1 commercial unit. The residential component includes two 2-bedroom, 1-bathroom apartments, two 1-bedroom, 1-bathroom apartments, and six studio apartments. Natural light is a consistent feature across the units.

The property currently operates as an Airbnb under a legal license. Furnishings may be included in the sale, supporting a transition of the existing setup. Seven years of tax abatement remain, providing an additional property-level consideration for purchasers evaluating the asset.

Key Highlights

  • 10 apartments plus 1 commercial unit
  • Apartment mix includes two 2‑bedroom, 1‑bathroom units; two 1‑bedroom, 1‑bathroom units; and six studios
  • Property is 3 years old

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Auto Parts Store Home Appliance Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

2,682
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Recently built mixed-use asset with licensed short-term rental operations, varied apartment layouts, and an additional commercial unit.
Where is this mixed-use property located?
The property is located at 1537-39 Ridge Ave Philadelphia, PA.
What are key features of this property?
This property features: 10 apartments plus 1 commercial unit; Apartment mix includes two 2‑bedroom, 1‑bathroom units; two 1‑bedroom, 1‑bathroom units; and six studios; Property is 3 years old
More about this property
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