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for sale
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$239,900

3beds
|
1baths
|
1,182sqft
|
1930built
4855 Ridge Ave,Philadelphia, PA 19129

Est.$1,577/moCustomize payment

What's special

$203/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 ...

Listed on February 7, 2026 · Source: MLS #PAPH2580954

Property details

Cost estimate

Est. monthly payment

$1,529/mo
Principal & interest
$1,258
Property tax
$191
Home insurance (est.)
$80

Down payment

$47,98020% of list price
Adjust down payment20%
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Based on 20% down ($47,980), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

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Price history

DateEventPrice
Feb 7, 2026Listed for sale$239,900

Location

4855 Ridge Ave, Philadelphia, PA 19129

Nearby homes

$239,900

3 beds · 1 baths · 1,182 sqft