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Residential Income Multifamily Property
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4254-56 Ridge Ave, Philadelphia, PA 19129

Residential income multifamily property for sale in East Falls, Philadelphia with strong commuter access and nearby recreation.

Property Size3,844 SF
Lot Size0.24 Acres
Days on Market159

Property Features for 4254-56 Ridge Ave

General Information

Standard status Active
Size 3,844 SF
Lot size 0.24 Acres
Property subtype Multifamily

Site & Location

Neighborhood North Philadelphia
Highway Access Yes

Building Details

Building Size 3,844 SF
Year Built 1939
Listing Agency: Binswanger Real Estate
Listed By: Christopher Pennington · License #5006286
Source: Binswanger
Added: May 18 Changed: Oct 11 Last Checked: Oct 23 at 4:43AM

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 Binswanger Real Estate

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Investment Insights

Based on property information with market context.

Offered for sale, this residential income multifamily property consists of 3,844 SF situated on a 10,265 SF parcel.

Located in East Falls, a well-established neighborhood in Northwest Philadelphia known for its tree-lined streets and access to the Schuylkill River, the property offers convenient connectivity to Center City and surrounding suburbs. Immediate access to I-76 and US-1 supports easy regional travel, while SEPTA Regional Rail service is available at East Falls Station along with multiple bus routes.

East Falls continues to draw local demand from young professionals, students, and medical employees, supported by proximity to major institutions and nearby Manayunk. Recreational amenities including Fairmount Park, Kelly Drive, and the Schuylkill River Trail are also within the surrounding area.

Key Highlights

  • Residential income multifamily property in East Falls, Philadelphia
  • Built in 1939
  • 3,844 SF building on a 10,265 SF lot for sale

Property Analytics

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby

Demographics for 19129, PA

11,437
Population
6,228
Households
1.8
Avg Household Size
35
Median Age
60%
College-Educated
96%
High-School Grad
2.1 sq mi
ZIP Area
5,446
Density / Sq Mi
$77,225
Median Household Income
$58,576
Median Earnings
$1,471
Median Rent
$297,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Residential income multifamily property for sale in East Falls, Philadelphia with strong commuter access and nearby recreation.
Where is this multifamily property located?
The property is located at 4254-56 Ridge Ave Philadelphia, PA.
What are key features of this property?
This property features: Residential income multifamily property in East Falls, Philadelphia; Built in 1939; 3,844 SF building on a 10,265 SF lot for sale
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