Newtownhouse
1/8
$1,506/mo
$229,0004bd·1ba·1,134sf
2338 N Gratz St, Philadelphia, PA 19132
Listing Courtesy of HomeSmart Realty Advisors
for sale
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$219,900
3beds
|1baths
|1,182sqft
|1930built
4855 Ridge Ave,Philadelphia, PA 19129
Est.$1,446/moCustomize payment
What's special
$186/sqft
Price per square foot
Built in 1930
96 years old
Overview
Attention Investors! 4855 Ridge in a turnkey rent and hold investment. Good solid tenant wants to stay, they are paying below market $ 1,650 a month. Property has a 7% cap rate at that rent. Market rent is $ 2,100 which would take cap rate to 12%! Moderate yearly increases could get you to market rent in 3 years but would only take 1 year to get to 10% cap rate! Located in sought after East Falls, This 3 Br. 1Ba is in close proximity to Manayunk and the Schuykill River Trail. The property offers a wonderful flow on the 1st level with a large family room, nice dining room, and kitchen. The 2nd ...
Listing updated: May 28, 2026 at 6:03 AM
Listed by:
Edward J. McDonald Jr. 215-442-9388, Re/Max One Realty
Source: Bright MLS · MLS #PAPH2580954
Property details
Cost estimate
Est. monthly payment
$1,417/mo
Principal & interest
$1,153Property tax
$191Home insurance (est.)
$73Down payment
$43,98020% of list price
Adjust down payment20%
0%25%50%
Based on 20% down ($43,980), 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 |
|---|---|---|
| May 27, 2026 | Price reduced | $219,900(−$5,000) |
| Apr 20, 2026 | Price reduced | $224,900(−$15,000) |
| Feb 7, 2026 | Listed for sale | $239,900 |
Location
4855 Ridge Ave, Philadelphia, PA 19129
Recently sold nearby
Similar homes sold within 0.5 miles in the last 90 days.
5430 Vicaris St
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$375K
Sold Jun 3, 2026 · Listed $353K
3 bd1 ba1,301 sqft$288/sqft(+102%)
3712 Manayunk Ave
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204 Dawson St
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$455K
Sold May 29, 2026 · Listed $450K
4 bd2 ba2,008 sqft$227/sqft(+41%)
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.
