Mixed-Use Apartment
1617 Ridge Ave Philadelphia, PA 19130
For Sale
$3,500,000
Built in 2023, the property includes 13 apartments and 1 commercial unit with a front entrance on Ridge Ave.
Days on Market81
Property Features for 1617 Ridge Ave
General Information
- Standard status
- Active
Listing Agency:
Real of Pennsylvania
(484) 744-4053
Listed By:
William Holder · License #AB069692
(484) 744-4053
Source:
Exprealty
Added: May 4
Changed: Jul 21
Last Checked: Jul 23 at 10:25AM
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 built in 2023, featuring 13 residential units plus one commercial unit. The apartment mix includes 1- and 2-bedroom layouts, including one bi-level unit. Building amenities include an elevator, shared rooftop deck access for residents, additional hallway storage, and a secure private breezeway rear entrance designed exclusively for tenant use. The rear breezeway includes a trash room, mailboxes, a package/Amazon drop area, and key-fob-only access.
The commercial unit is accessed via a front entrance directly on Ridge Ave and is configured as a bi-level space. The main floor is finished with a bathroom, while the lower level is unfinished and may support future expansion, storage, workspace, or customization. During construction, venting access was installed to support kitchen-use considerations.
The property also has an estimated remaining tax abatement of approximately 7 years (buyer to verify). It is located in a census tract designated as a Qualified Opportunity Zone based on 2026 data, with the original Opportunity Zone program described as remaining in effect through 2028; buyers should verify eligibility, timing, and any potential benefits with their tax advisor.
The commercial unit is accessed via a front entrance directly on Ridge Ave and is configured as a bi-level space. The main floor is finished with a bathroom, while the lower level is unfinished and may support future expansion, storage, workspace, or customization. During construction, venting access was installed to support kitchen-use considerations.
The property also has an estimated remaining tax abatement of approximately 7 years (buyer to verify). It is located in a census tract designated as a Qualified Opportunity Zone based on 2026 data, with the original Opportunity Zone program described as remaining in effect through 2028; buyers should verify eligibility, timing, and any potential benefits with their tax advisor.
Key Highlights
- Built in 2023 mixed‑use building with 13 residential units and 1 commercial unit at 1617–19 Ridge Ave
- Residential mix of 1- and 2‑bedroom apartments, including one unique bi‑level unit
- Shared rooftop deck for tenant use and an elevator for convenient access
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Mixed-use property - Built in 2023, the property includes 13 apartments and 1 commercial unit with a front entrance on Ridge Ave.
Where is this mixed-use property located?
The property is located at 1617 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 at 1617–19 Ridge Ave; Residential mix of 1- and 2‑bedroom apartments, including one unique bi‑level unit; Shared rooftop deck for tenant use and an elevator for convenient access
