2409 Ridge
Philadelphia, PA, 19121 $ 1,150,000
Bedrooms7 Baths0.0 Monthly Estimate*
$ 7,943
for $1,150,000 with 7 bedrooms. This home was built in 2021 on a lot size of 0.03.
Two Properties- 2409 Ridge Ave & 2404 W Montgomery Ave. A standout opportunity to own two separate newer-construction buildings being sold together at 2409 Ridge Avenue and 2404 W. Montgomery Avenue. Built just five years ago, this unique five-unit offering includes a triplex on Ridge Avenue and a duplex on Montgomery Avenue, with approximately five years remaining on the Philadelphia tax abatement. The property consists of four 2-bedroom, 2-bath residences and one impressive 3-bedroom, 3-bath residence, with only one of the five units currently vacant. Inside, the residences feature high-end modern finishes, huge windows, expansive living spaces, high ceilings, oversized kitchens, gas cooking, and full-size laundry. Every unit is equipped with Nest thermostats, wired intercom/security systems, and built-in speaker wiring, bringing smart-home convenience throughout the property, including a penthouse with a massive private roof deck and Center City views, plus another spectacular roof deck serving the Montgomery Avenue building. Outdoor space, dramatic windows, and thoughtful layouts give these apartments the kind of features that consistently stand out in the rental market. Located near Temple University, Center City, Brewerytown, Sharswood, and Philadelphia's historic attractions, this is a rare chance to acquire a mostly occupied, newer-construction five-unit investment spread across two completely separate buildings. Both properties are being sold together.
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FeaturesGeneralLiving Area 1
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession 0-30 Days CD
Zoning CMX2
Architectural Style Other
Construction Materials Brick Stick Built
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Year Built 2021
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel Natural Gas
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction Y
Property Type Multi-Family
Subdivision Name SHARSWOOD
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions gps
City PHILADELPHIA
Number Of Units Total 3
MLS Area 19121 (19121)
Lot Size Units Square Feet
Lot Size Square Feet 1117.00
Number of Units Leased 3
Tax Annual Amount 807.0
Property Condition Excellent
Two Bedroom 2
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 1150000.0
Acceptable Financing Cash Conventional
Construction Completed Y/N Y
Rent Control Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Total Actual Rent 94800.00
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InteriorHeating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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ExteriorPool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Slab
Water View Y/N N
Lot Size Acres 0.03
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByMercury Real Estate GroupBroker
colbywallacerealestate@yahoo.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,943
- Monthly Property Taxes
- $67
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Philadelphia, PA
Average List Price $541,196
Percent of Sale Price 53%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/28/2026 | $1,150,000 | -1.71% | Price Down |
| 9/9/2026 | $1,170,000 | | Listed Price |