Five-Unit Apartment Portfolio with Roof
For Sale
$1,150,000
2409 RIDGE, Philadelphia, PA 19121
Multi-Family, PHILADELPHIA, PA
Property SizeContact for details
Lot Size0.03 Acres
Days on Market57
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
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
807
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
roof deck
large windows
high ceilings
oversized kitchens
gas cooking
full-size laundry
Nest thermostats
intercom/security system
built-in speaker wiring
Building Details
Year built
2021
Number of units
3
Building materials
Brick, Stick Built
Buildings
2
Listing Agency:
Mercury Real Estate Group
(215) 462-5100
Listed By:
Colby Wallace · License #RS330469
(267) 616-3408
Added: Sep 3
Changed: Oct 27
Last Checked: Oct 29 at 11:06PM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The offering combines two separate apartment buildings with five residences: four two-bedroom, two-bath units and one three-bedroom, three-bath unit. Built in 2021, the property includes central heating and air conditioning. Unit features include full-size laundry, gas cooking, high ceilings, oversized kitchens, Nest thermostats, intercom and security wiring, and built-in speaker wiring. Rooftop outdoor space includes a private deck at the penthouse and another deck serving the Montgomery Avenue building.
Four of the five units are occupied. The property is near Temple University, Center City, Brewerytown, Sharswood, and Philadelphia historic attractions. Approximately five years remain on the Philadelphia tax abatement.
Four of the five units are occupied. The property is near Temple University, Center City, Brewerytown, Sharswood, and Philadelphia historic attractions. Approximately five years remain on the Philadelphia tax abatement.
Key Highlights
- Two separate buildings sold together, with five apartments total
- Four two‑bedroom, two‑bath units and one three‑bedroom, three‑bath unit
- Built in 2021
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
5
Residential units
80%
Occupancy
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Two separate buildings offer a mix of two- and three-bedroom residences, with private and shared rooftop outdoor space.
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 $1,150,000.
What are key features of this property?
This property features: Two separate buildings sold together, with five apartments total; Four two‑bedroom, two‑bath units and one three‑bedroom, three‑bath unit; Built in 2021
