Date
Details
Price
Change
Source
3/18/2026
Listed
$2,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,600,000
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Property Description
PRIME INVESTMENT OPPORTUNITY! We are proud to present 1540 Ridge Avenue: * 8 one bedroom apartments with two of these units being penthouse units with private roof deck access * 2 Ground Floor Commercial Spaces * 100% stabilized property * Tax abated building (4+ years left on the tax abatement) * Stainless Steel Appliances, Washer and Dryer in every unit, quartz countertops * Elevator building * Located in the heart of booming Francisville * A short walk to SEPTA Girard/Broad St Station, The Met Philadelphia, along with coffee shops, restaurants, gyms and many other retailers. * The Francisville neighborhood is popular among renters due to its proximity to Center City and Temple University. Please reach out for additional information and financials.
Full Property Details
Full Property Details for 1540 Ridge Ave
General
- Price: $2,600,000
- Taxes: $1,701 (2020)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2596366
- Updated: 3/18/2026
- Added to Site: 18 day(s) ago
Business
- Business Type: Apartment Building
Additional Information
- Security/Safety: Fire Detection System, Exterior Cameras, Carbon Monoxide Detector(s), Main Entrance Lock, Motion Detectors, Non-Monitored, Smoke Detector, Sprinkler System - Indoor
Parking
- Parking Type: On Street
Location
- Area: 19130 (19130)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: FRANCISVILLE
- Driving Directions: At the corner of 16th and Ridge
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: On Site Septic
- Water: Public
Structural Information
- Construction: Masonry
- Elevator(s ): 1
- Stories/Levels: 5
- Building Size: 10500
- Year Built: 2019
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,017
- Lot Size Source: Estimated
- Zoning: CMX25
Financial Considerations
- Price Per Sq. Ft.: $247.62
- Assessment Year: 2020
- School Tax: $933
- City/TownTax: $768
- City/TownTax Freq: Annually
- Tax w/Assessment: $121,500
- Tax Amount: $1,701
- Tax Year: 2020
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 280
Listed by Howard Hanna Real Estate Services, Haralabos Kiziroglou and Howard Hanna Real Estate Services, Abigail Trimborn
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 1540 Ridge Ave —
Haralabos Kiziroglou
Howard Hanna Real Estate Services
Abigail Trimborn
Howard Hanna Real Estate Services
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1540 Ridge Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Waring Laura W School 1801 Green Street, Philadelphia, PA 19130 | K-8 | 0.4 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1540 Ridge Ave
Tax History
Tax History for 1540 Ridge Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,480
11%
$1,594,800
—
2025
$2,232
—
$1,594,800
—
2024
$2,232
-10%
$1,594,800
100%
2023
$2,480
46%
100%
2021
$1,701
-31%
-100%
2023
$2,480
-51%
$177,200
-85%
2020
$5,099
—
$1,215,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1540 Ridge Ave
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- Townhouse
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- 1,317Sq. Ft.
Listed by Cordell Boyd (856) 287-9753
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- 1,813Sq. Ft.
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1540 Ridge Avenue, Philadelphia, PA 19130 (MLS# PAPH2596366) is a Apartment property. 1540 Ridge Avenue is currently listed for $2,600,000 and was received on March 18, 2026. Want to learn more about 1540 Ridge Avenue? Do you have questions about finding other Apartment real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.