Newcondo
1/51
$27,610/mo
$4,199,0003bd·3ba·2,179sf
1911 Walnut St, Philadelphia, PA 19103
Listing Courtesy of Fusion PHL Realty, LLC
for sale
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$5,000,000
0beds
|0baths
|16,250sqft
|2022built
1723 Ridge Ave,Philadelphia, PA 19130
Est.$32,877/moCustomize payment
What's special
$308/sqft
Price per square foot
Newer construction
Built in 2022
Overview
Prime on Ridge presents a turnkey 15-unit investment opportunity along the bustling Ridge Avenue corridor in Philadelphia, Pennsylvania - the top destination in the world to visit in 2026. Acquire this - 16,250 SF, 5-storey, boutique luxury apartment building in a Top-10 USA MSA for rent-growth with the benefit of a FULL 10yr tax abatement (expiring 2032), minimal OPEX and b1;15% rental upside based on market comps. These designer apartments are professionally built (2022 vintage) with an even mixture of seven (7) 1bd units and seven (7) 2bd units atop ground floor commercial space. Anchored o...
Listing updated: April 28, 2026 at 2:00 PM
Listed by:
Ryan J McManus 610-606-1095, Keller Williams Liberty Place, Co-Listing Agent: Brandon Ribeiro 267-945-8167, Keller Williams Liberty Place
Source: Bright MLS · MLS #PAPH2490130
Property details
Cost estimate
Est. monthly payment
$28,271/mo
Principal & interest
$26,210Property tax
$394Home insurance (est.)
$1,667Down payment
$1,000,00020% of list price
Adjust down payment20%
0%25%50%
Based on 20% down ($1,000,000), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.
Rates provided by Mable Loans.
Price history
| Date | Event | Price |
|---|---|---|
| Apr 27, 2026 | Price reduced | $5,000,000(−$150,000) |
| Jun 4, 2025 | Listed for sale | $5,150,000 |
Location
1723 Ridge Ave, Philadelphia, PA 19130
Recently sold nearby
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1804 Green St # 3
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1918 Fairmount Ave
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1 bd1 ba861 sqft$366/sqft(+58%)
This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.
