5-Unit Apartment Property with Roof
For Sale
$1,170,000
PHILADELPHIA, PA 19121, Philadelphia, PA 19121
Multi-Family, PHILADELPHIA, PA
Property SizeContact for details
Lot Size0.03 Acres
Days on Market52
Property Features
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Parking features
On Street
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Subdivision
SHARSWOOD
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: Oct 8
Last Checked: Oct 24 at 7:06AM
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.
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Investment Insights
Based on property information with market context.
This 5-unit apartment property comprises two separate buildings: a triplex at 2409 Ridge Avenue and a duplex at 2404 W. Montgomery Avenue. Built in 2021, the residences include four 2-bedroom, 2-bathroom units and one 3-bedroom, 3-bathroom unit; one unit is vacant. Interior features include high ceilings, large windows, expansive living areas, oversized kitchens, gas cooking, and full-size laundry. Nest thermostats, wired intercom and security systems, and built-in speaker wiring are provided throughout. The penthouse has a private roof deck with Center City views, and the Montgomery Avenue building has an additional 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. Both buildings are being offered together.
The properties are near Temple University, Center City, Brewerytown, Sharswood, and Philadelphia historic attractions. Approximately five years remain on the Philadelphia tax abatement. Both buildings are being offered together.
Key Highlights
- Two separate buildings: a Ridge Avenue triplex and a W. Montgomery Avenue duplex
- Five apartments: four 2‑bedroom, 2‑bathroom units and one 3‑bedroom, 3‑bathroom unit
- Built in 2021; approximately five years remain on the Philadelphia tax abatement
Property Analytics
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Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,348
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Apartment building - Two separate buildings feature modern residences with smart-home systems and outdoor roof space.
Where is this apartment building located?
The property is located at 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: Two separate buildings: a Ridge Avenue triplex and a W. Montgomery Avenue duplex; Five apartments: four 2‑bedroom, 2‑bathroom units and one 3‑bedroom, 3‑bathroom unit; Built in 2021; approximately five years remain on the Philadelphia tax abatement
