Two-Building Five-Unit Apartment
New
For Sale
$1,170,000
2409 RIDGE, Philadelphia, PA 19121
Multi-Family, PHILADELPHIA, PA
Property SizeContact for details
Lot Size0.03 Acres
Days on Market7
Property Features for 2409 RIDGE
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Parking features
On Street
Subdivision
SHARSWOOD
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status
Active
Size
1 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
807
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
private roof deck
roof deck
full-size laundry
gas cooking
Nest thermostats
intercom/security system
built-in speaker wiring
Building Details
Year built
2021
Number of units
3
Building materials
Brick, Stick Built
Listing Agency:
Mercury Real Estate Group
(215) 462-5100
Listed By:
Colby Wallace · License #RS330469
(267) 616-3408
Added: Sep 3
Changed: Sep 9
Last Checked: Sep 9 at 8:06PM
MLS# PAPH2666900
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This Philadelphia apartment portfolio combines two separate buildings at 2409 Ridge Avenue and 2404 W. Montgomery Avenue. The five-unit configuration includes a triplex and a duplex, with four two-bedroom, two-bath residences and one three-bedroom, three-bath residence. Four units are occupied, while one is vacant. Built in 2021, the buildings offer contemporary interiors with high ceilings, large windows, generous living areas, oversized kitchens with gas cooking, and full-size laundry. Central heating and central air serve the residences.
Technology features include Nest thermostats, wired intercom and security systems, and built-in speaker wiring. One penthouse has a private roof deck with Center City views, and the Montgomery Avenue building includes a second roof deck. The properties are near Temple University, Center City, Brewerytown, Sharswood, and Philadelphia historic attractions. Approximately five years remain on the Philadelphia tax abatement.
Technology features include Nest thermostats, wired intercom and security systems, and built-in speaker wiring. One penthouse has a private roof deck with Center City views, and the Montgomery Avenue building includes a second roof deck. The properties are near Temple University, Center City, Brewerytown, Sharswood, and Philadelphia historic attractions. Approximately five years remain on the Philadelphia tax abatement.
Key Highlights
- Five‑unit portfolio across two separate buildings: a triplex at 2409 Ridge Ave and a duplex at 2404 W Montgomery Ave
- Unit mix includes four 2‑bedroom, 2‑bath residences and one 3‑bedroom, 3‑bath residence
- Built in 2021 with high ceilings, large windows, oversized kitchens, gas cooking, and full‑size laundry
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,535
Businesses Nearby
Explore this area
Business Placement
Demographics for 19121, PA
41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Modern residences with roof decks, spacious layouts, smart-home infrastructure, and a mix of two- and three-bedroom units.
Where is this apartment building located?
The property is located at 2409 RIDGE Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,170,000.
What are key features of this property?
This property features: Five‑unit portfolio across two separate buildings: a triplex at 2409 Ridge Ave and a duplex at 2404 W Montgomery Ave; Unit mix includes four 2‑bedroom, 2‑bath residences and one 3‑bedroom, 3‑bath residence; Built in 2021 with high ceilings, large windows, oversized kitchens, gas cooking, and full‑size laundry
